LUX:SEO15 Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	16.33	17.03	6.54	7.2	8.98	5.61
Accounts Receivable	12.64	13.78	13.22	12.12	11.04	10.66
Other Receivables	0.75	1.03	1.09	1.26	1.32	1.34
Inventory	0.9	0.84	0.9	0.84	0.8	0.77
Total Current Assets	30.62	32.68	21.74	21.41	22.13	18.38
Property, Plant & Equipment	14.15	13.34	13.69	12.76	12.39	9.85
Other Intangible Assets	0.37	0.45	0.62	0.4	0.47	0.45
Long-Term Investments	14.93	15.95	16.37	16.7	13.78	12.75
Long-Term Deferred Tax Assets	1.71	1.71	2.47	2.13	3.13	3.13
Long-Term Accounts Receivable	265.74	267.39	273.26	279.68	283.31	288.14
Other Long-Term Assets	-	1.17	1.14	1.08	0.65	3.48
Total Assets	327.54	332.71	329.29	334.17	335.87	336.18
Accounts Payable	53.44	44.62	37.89	35.02	32.44	29.42
Accrued Expenses	-	5.68	2.25	1.8	1.65	1.62
Current Portion of Long-Term Debt	16.91	15.94	16.06	16.54	16.34	16.73
Current Portion of Leases	-	0.29	0.27	0.3	0.3	0.33
Current Income Taxes Payable	-	-	0.02	0.01	0.05	0.12
Other Current Liabilities	7.83	6.67	6.76	6.42	6.54	6.58
Total Current Liabilities	78.17	73.2	63.25	60.09	57.33	54.79
Long-Term Debt	164.87	146.09	159.39	172.64	181.55	189.69
Long-Term Leases	-	0.6	0.47	0.28	0.46	0.65
Long-Term Unearned Revenue	-	-	0.03	0.07	0.12	0.16
Pension & Post-Retirement Benefits	-	27.77	28.6	25.61	35.66	37.85
Long-Term Deferred Tax Liabilities	5.88	5.73	5.65	5.07	4.63	4.16
Other Long-Term Liabilities	29.02	30.81	30.91	30.86	31.5	31.66
Total Liabilities	277.95	284.19	288.3	294.62	311.25	318.97
Retained Earnings	61.61	60.54	52.88	39.54	24.62	17.21
Comprehensive Income & Other	-12.03	-12.03	-11.88	-	-	-
Total Common Equity	49.59	48.51	40.99	39.54	24.62	17.21
Shareholders' Equity	49.59	48.51	40.99	39.54	24.62	17.21
Total Liabilities & Equity	327.54	332.71	329.29	334.17	335.87	336.18
Total Debt	181.78	162.91	176.19	189.76	198.65	207.4
Net Cash (Debt)	-165.44	-145.88	-169.65	-182.56	-189.68	-201.78
Net Cash Per Share	-815.04	-729.40	-848.26	-912.82	-948.38	-1008.92
Filing Date Shares Outstanding	0.25	0.2	0.2	0.2	0.2	0.2
Total Common Shares Outstanding	0.25	0.2	0.2	0.2	0.2	0.2
Working Capital	-47.55	-40.51	-41.51	-38.68	-35.2	-36.41
Book Value Per Share	195.75	242.57	204.97	197.71	123.10	86.06
Tangible Book Value	49.21	48.06	40.37	39.14	24.15	16.76
Tangible Book Value Per Share	194.28	240.30	201.87	195.71	120.74	83.81
Land	-	14.35	14.34	14.35	14.32	12.57
Machinery	-	21.13	21.01	20.02	19.94	35.39

Source: S&P Global Market Intelligence. Utility template. Financial Sources.