Emmi AG Balance Sheet

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

Millions CHF. 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	376.54	303.66	349.12	202.2	247.28
Short-Term Investments	29.03	3.09	22.21	1.92	9.29
Cash & Short-Term Investments	405.56	306.75	371.33	204.12	256.57
Cash Growth	32.21%	-17.39%	81.92%	-20.44%	-13.33%
Accounts Receivable	542.01	539.79	473.67	533.58	475.08
Other Receivables	70.02	73.96	60.87	58.61	61.14
Receivables	612.02	613.76	534.53	592.2	536.22
Inventory	599.92	562.3	481.31	508.24	434.84
Prepaid Expenses	83.16	69.73	63.22	52.87	46.21
Total Current Assets	1,701	1,553	1,450	1,357	1,274
Property, Plant & Equipment	1,286	1,283	1,105	1,100	1,015
Long-Term Investments	21.51	22.25	21.92	26.03	26.02
Other Intangible Assets	427.67	457.25	105.65	123.6	133.56
Long-Term Deferred Tax Assets	18.74	16.31	11.95	4.88	2.71
Other Long-Term Assets	7.72	8.01	6.47	6.68	7.35
Total Assets	3,481	3,360	2,715	2,635	2,471
Accounts Payable	419.64	393.24	301.84	354.93	320.58
Accrued Expenses	231.94	223.71	176.54	169.31	181.11
Current Portion of Long-Term Debt	207.42	63.12	68.98	245.45	105.84
Current Portion of Leases	1.22	2.1	0.43	0.68	0.55
Current Income Taxes Payable	51.84	51.7	30.39	27.41	29.2
Other Current Liabilities	83.53	49.81	38.45	23.37	21.85
Total Current Liabilities	995.58	783.68	616.62	821.14	659.13
Long-Term Debt	1,090	1,255	612.59	447.35	551.67
Long-Term Leases	8.79	10.19	0.31	0.43	0.39
Long-Term Deferred Tax Liabilities	138.72	154.53	50.23	56.01	54.45
Other Long-Term Liabilities	24.26	26.41	19.88	26.6	24.08
Total Liabilities	2,257	2,230	1,300	1,352	1,290
Common Stock	53.5	53.5	53.5	53.5	53.5
Additional Paid-In Capital	2.09	2.09	2.09	2.09	2.09
Retained Earnings	1,058	950.37	1,379	1,239	1,145
Comprehensive Income & Other	-31.6	-11.91	-141.61	-125.4	-119.1
Total Common Equity	1,082	994.05	1,293	1,169	1,081
Minority Interest	142.45	135.75	121.92	114.53	100.67
Shareholders' Equity	1,224	1,130	1,415	1,284	1,182
Total Liabilities & Equity	3,481	3,360	2,715	2,635	2,471
Total Debt	1,307	1,330	682.3	693.92	658.44
Net Cash (Debt)	-901.74	-1,024	-310.97	-489.8	-401.88
Net Cash Per Share	-168.56	-191.33	-58.13	-91.55	-75.12
Filing Date Shares Outstanding	5.35	5.35	5.35	5.35	5.35
Total Common Shares Outstanding	5.35	5.35	5.35	5.35	5.35
Working Capital	705.07	768.85	833.77	536.28	614.71
Book Value Per Share	202.16	185.81	241.68	218.58	202.07
Tangible Book Value	653.87	536.8	1,187	1,046	947.45
Tangible Book Value Per Share	122.22	100.34	221.94	195.48	177.10
Land	20.68	20.73	20.69	20.81	11.68
Machinery	2,019	1,981	1,695	1,673	1,672
Construction In Progress	129.58	98.86	124.88	131.63	128.17

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