Senior Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	82	45.5	47.6	43.2	51.1
Cash & Short-Term Investments	82	45.5	47.6	43.2	51.1
Cash Growth	80.22%	-4.41%	10.18%	-15.46%	116.52%
Accounts Receivable	91.4	119.2	124.9	110.6	85.2
Other Receivables	5.9	6.8	5.9	5.1	4.6
Receivables	97.3	126	130.8	115.7	89.8
Inventory	144.9	236	207.5	194.3	145.2
Prepaid Expenses	12	13	11.2	10.7	10
Other Current Assets	22.7	1	2	2.4	0.8
Total Current Assets	358.9	421.5	399.1	366.3	296.9
Property, Plant & Equipment	176.4	292.1	284.7	307.2	294.6
Long-Term Investments	5.2	3.3	5.1	4.4	3.9
Goodwill	160.9	195.4	193.3	199.7	150.2
Other Intangible Assets	26.7	32.1	33.1	36.2	4.2
Long-Term Deferred Tax Assets	28.1	27.5	20.7	10.9	5.7
Other Long-Term Assets	25.3	43.9	49.3	52.2	72.3
Total Assets	781.5	1,016	985.3	976.9	827.8
Accounts Payable	64.8	107.4	102.1	103.4	68.3
Accrued Expenses	87	85.8	84.2	83.9	71.1
Short-Term Debt	30	75	1.8	0.5	14.8
Current Portion of Leases	7.6	13.6	12.4	12.7	0.4
Current Income Taxes Payable	7.5	8	10	17.7	14.6
Other Current Liabilities	14.9	28	23.1	44	17.4
Total Current Liabilities	211.8	317.8	233.6	262.2	186.6
Long-Term Debt	125.3	123.9	177.8	143.2	116.2
Long-Term Leases	36.4	62.6	59.4	65.7	72.8
Pension & Post-Retirement Benefits	6.3	6.8	8	12.1	11
Long-Term Deferred Tax Liabilities	2.3	8.2	7	4.7	10.5
Other Long-Term Liabilities	19.1	26.6	42.4	39.6	5.6
Total Liabilities	401.2	545.9	528.2	527.5	402.7
Common Stock	41.9	41.9	41.9	41.9	41.9
Additional Paid-In Capital	14.8	14.8	14.8	14.8	14.8
Retained Earnings	350	376.7	368	346.5	343.2
Treasury Stock	-13.5	-10.5	-12.8	-11.7	-9.2
Comprehensive Income & Other	-12.9	47	45.2	57.9	34.4
Shareholders' Equity	380.3	469.9	457.1	449.4	425.1
Total Liabilities & Equity	781.5	1,016	985.3	976.9	827.8
Total Debt	199.3	275.1	251.4	222.1	204.2
Net Cash (Debt)	-117.3	-229.6	-203.8	-178.9	-153.1
Net Cash Per Share	-0.28	-0.54	-0.48	-0.42	-0.36
Filing Date Shares Outstanding	412.09	413.4	412.66	413.7	415.95
Total Common Shares Outstanding	412.09	413.4	412.66	413.7	415.95
Working Capital	147.1	103.7	165.5	104.1	110.3
Book Value Per Share	0.92	1.14	1.11	1.09	1.02
Tangible Book Value	192.7	242.4	230.7	213.5	270.7
Tangible Book Value Per Share	0.47	0.59	0.56	0.52	0.65
Land	73.7	111.6	110.7	113	104.6
Machinery	335.2	598.3	563.9	570.2	518.8
Leasehold Improvements	4.5	9.7	8.2	8.3	4.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.