Alternus Clean Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	0.04	0.16	4.04	0.71	18.2	1.19
Accounts Receivable	-	-	0	8.58	8.24	0.85
Other Receivables	0.01	0.35	0.53	2.25	7.26	0.76
Prepaid Expenses	-	0.13	2.55	0.33	1.31	8.81
Restricted Cash	-	-	-	-	8.56	0.56
Other Current Assets	-	-	-	-	3.68	-
Total Current Assets	0.05	0.64	158.91	11.86	47.25	12.17
Property, Plant & Equipment	-	-	18.67	69.62	192.93	45.8
Goodwill	18.96	0.24	-	-	2.79	1.35
Other Intangible Assets	37.98	1.55	-	-	-	-
Long-Term Deferred Charges	-	4.78	6.22	2.15	-	-
Other Long-Term Assets	0.52	0.52	1.48	6.94	0.56	0.13
Total Assets	57.51	7.73	185.29	178.32	243.53	59.45
Accounts Payable	8.45	9.8	3.59	1.14	9.95	9.59
Accrued Expenses	2.67	2.25	11.39	4.09	6.93	5.86
Short-Term Debt	8.81	1.7	-	-	-	-
Current Portion of Long-Term Debt	7.91	24.85	31.59	-	2.95	25.85
Current Unearned Revenue	-	-	-	4.95	3.14	-
Current Portion of Leases	-	0.03	0.13	0.08	0.13	0.19
Current Income Taxes Payable	-	-	-	-	1.73	-
Other Current Liabilities	7.05	0.95	200.74	-	-	-
Total Current Liabilities	34.88	39.58	247.44	10.25	24.83	41.5
Long-Term Debt	-	1.63	-	158.7	168.01	16.77
Long-Term Leases	-	0.41	1.1	0.96	4.41	2.77
Other Long-Term Liabilities	-	-	-	10.99	0.63	0.17
Total Liabilities	34.88	41.61	248.54	180.9	197.88	61.21
Common Stock	-	0.01	0.01	0.01	0.28	0.1
Additional Paid-In Capital	44.29	35.92	27.87	19.8	50.74	15.63
Retained Earnings	-71.83	-67.13	-88.21	-18.75	-10.23	-17.4
Comprehensive Income & Other	-2.59	-2.68	-2.92	-3.64	4.88	-0.09
Total Common Equity	-30.12	-33.89	-63.25	-2.58	45.67	-1.76
Minority Interest	20.41	-	-	-	-0.02	-
Shareholders' Equity	22.63	-33.89	-63.25	-2.58	45.66	-1.76
Total Liabilities & Equity	57.51	7.73	185.29	178.32	243.53	59.45
Total Debt	16.72	28.62	32.82	159.73	175.5	45.6
Net Cash (Debt)	-16.68	-28.46	-28.78	-159.03	-157.3	-44.41
Net Cash Per Share	-54.43	-1611.96	-1989.83	-13828.26	-	-
Filing Date Shares Outstanding	0.72	0.6	0.01	-	-	-
Total Common Shares Outstanding	0.69	0.03	0.01	-	-	-
Working Capital	-34.84	-38.94	-88.52	1.61	22.42	-29.33
Book Value Per Share	-43.64	-1345.23	-4398.44	-	-	-
Tangible Book Value	-87.07	-35.68	-63.25	-2.58	42.88	-3.11
Tangible Book Value Per Share	-126.13	-1416.49	-4398.44	-	-	-
Land	-	-	-	0.5	0.53	-
Buildings	-	-	-	0.11	-	-
Machinery	-	-	0.05	0.05	-	-
Construction In Progress	-	-	12.42	3.09	14.78	-

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