Icelandic Salmon AS Balance Sheet

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

Millions EUR. 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	7.31	6.9	10.19	1.85	3.74
Short-Term Investments	-	-	-	0.12	0.12
Cash & Short-Term Investments	7.31	6.9	10.19	1.98	3.87
Cash Growth	5.91%	-32.27%	415.12%	-48.86%	21.48%
Accounts Receivable	7.48	9.51	13.17	15.03	7.32
Other Receivables	2.87	3.29	3.8	4.62	2
Receivables	10.35	12.81	16.97	19.65	9.33
Inventory	112.42	96.74	69.96	89.19	69.44
Other Current Assets	-0	-	-	-0	-
Total Current Assets	130.08	116.45	97.12	110.82	82.63
Property, Plant & Equipment	109.11	110.37	104.81	88.12	58.05
Long-Term Investments	0	0.01	0	-	1.65
Goodwill	34.74	34.74	34.74	34.74	19.33
Other Intangible Assets	1.66	1.66	1.63	1.63	0.98
Long-Term Deferred Tax Assets	2.77	-	-	-	3.41
Other Long-Term Assets	-0	-0	-	-	4.96
Total Assets	278.36	263.22	238.29	235.31	171.01
Accounts Payable	6.51	6.47	8.68	11.7	9.7
Accrued Expenses	10.47	9.52	8.89	9.52	5.56
Short-Term Debt	-	-	-	4.13	-
Current Portion of Long-Term Debt	3	3	1.5	2.1	2.08
Current Portion of Leases	4.92	3.36	0.89	1.19	1.09
Current Income Taxes Payable	-	-	2.39	1.34	-
Other Current Liabilities	0.01	0.01	0.66	0.13	0
Total Current Liabilities	24.91	22.36	23.01	30.11	18.43
Long-Term Debt	120.94	79.5	54.5	51.65	38.47
Long-Term Leases	7.53	7.8	4.77	5.76	4.8
Long-Term Deferred Tax Liabilities	-	3.76	3.13	3.58	-
Other Long-Term Liabilities	0	-0	-	-	-
Total Liabilities	153.38	113.43	85.41	91.09	61.7
Common Stock	29.57	29.57	29.57	29.57	29.57
Additional Paid-In Capital	87.11	88.23	88.23	88.6	90.62
Retained Earnings	10.65	34.26	37.32	28.5	-8.49
Comprehensive Income & Other	-2.36	-2.26	-2.24	-2.46	-2.4
Shareholders' Equity	124.98	149.8	152.88	144.22	109.31
Total Liabilities & Equity	278.36	263.22	238.29	235.31	171.01
Total Debt	136.39	93.66	61.67	64.82	46.44
Net Cash (Debt)	-129.08	-86.76	-51.48	-62.84	-42.57
Net Cash Per Share	-4.17	-2.80	-1.66	-2.03	-1.37
Filing Date Shares Outstanding	30.96	30.96	30.96	30.96	30.96
Total Common Shares Outstanding	30.96	30.96	30.96	30.96	30.96
Working Capital	105.18	94.08	74.11	80.71	64.2
Book Value Per Share	4.04	4.84	4.94	4.66	3.53
Tangible Book Value	88.58	113.4	116.52	107.85	89
Tangible Book Value Per Share	2.86	3.66	3.76	3.48	2.87
Land	38.67	37.8	36.58	36.31	20.01
Machinery	109.81	99.88	92.67	66.88	52.27
Construction In Progress	3.34	7.75	7.72	8.38	4.2

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