Bureau Veritas 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	1,366	1,204	1,174	1,662	1,421
Short-Term Investments	-	1.2	8	21	21.1
Cash & Short-Term Investments	1,366	1,205	1,182	1,683	1,442
Cash Growth	13.33%	1.99%	-29.78%	16.74%	-10.47%
Accounts Receivable	1,879	1,671	1,640	1,569	1,498
Other Receivables	56.3	293.8	254.6	280.9	288.2
Receivables	1,935	1,965	1,894	1,849	1,786
Inventory	-	45.3	49.3	54.7	57.6
Other Current Assets	61.7	158.6	5.6	9	9
Total Current Assets	3,363	3,374	3,131	3,596	3,295
Property, Plant & Equipment	813.9	811.5	780.5	756.1	740.6
Long-Term Investments	82.5	5.3	5.5	1.3	1.6
Goodwill	2,274	2,313	2,127	2,144	2,079
Other Intangible Assets	393.4	464.4	360	392.5	402.5
Long-Term Deferred Tax Assets	136.9	131.9	136.6	122.6	128.5
Other Long-Term Assets	-	94.9	103.4	106.8	105.8
Total Assets	7,063	7,195	6,644	7,119	6,753
Accounts Payable	1,394	543.6	520.6	557.6	532.3
Accrued Expenses	-	752.6	676	636.9	650.5
Short-Term Debt	4.1	3.6	3.8	6.4	10.3
Current Portion of Long-Term Debt	225.8	530.8	27.4	529	101.8
Current Portion of Leases	118	114.3	107.5	99.4	107.6
Current Income Taxes Payable	96.9	104.9	98.5	103.7	101.8
Current Unearned Revenue	247.7	269.1	257.2	255	223.9
Other Current Liabilities	117.1	220.5	182.1	191	167.8
Total Current Liabilities	2,204	2,539	1,873	2,379	1,896
Long-Term Debt	2,390	1,897	2,080	2,102	2,362
Long-Term Leases	347.6	328	319.7	308.4	307.5
Pension & Post-Retirement Benefits	144.3	148.8	147.2	141.7	185.8
Long-Term Deferred Tax Liabilities	84.5	102.6	85	88.1	87.8
Other Long-Term Liabilities	139.9	143.8	145.9	172	206.5
Total Liabilities	5,310	5,159	4,651	5,191	5,046
Common Stock	54.5	54.5	54.5	54.3	54.3
Retained Earnings	1,657	1,917	1,882	1,808	1,584
Total Common Equity	1,711	1,972	1,936	1,862	1,639
Minority Interest	42.2	64.1	57.7	65.9	68.6
Shareholders' Equity	1,753	2,036	1,994	1,928	1,707
Total Liabilities & Equity	7,063	7,195	6,644	7,119	6,753
Total Debt	3,085	2,873	2,538	3,045	2,889
Net Cash (Debt)	-1,719	-1,668	-1,356	-1,362	-1,447
Net Cash Per Share	-3.83	-3.67	-2.96	-2.98	-3.18
Filing Date Shares Outstanding	443.58	448.51	453.63	452.27	452.55
Total Common Shares Outstanding	443.58	448.51	453.63	452.27	452.51
Working Capital	1,159	834.5	1,258	1,217	1,399
Book Value Per Share	3.86	4.40	4.27	4.12	3.62
Tangible Book Value	-956.1	-805.7	-551.3	-674.1	-843.1
Tangible Book Value Per Share	-2.16	-1.80	-1.22	-1.49	-1.86
Land	-	23.7	17.5	18.5	19.2
Buildings	-	64.5	72	73.5	71.9
Machinery	-	1,238	1,191	1,226	1,262
Construction In Progress	-	17.1	19.3	28.3	25.8

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