TFF Group Balance Sheet

Financials in millions EUR. Fiscal year is May - April.

Millions EUR. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Cash & Equivalents	96.71	79.67	92.94	102.34	97.58	94.64
Cash & Short-Term Investments	96.71	79.67	92.94	102.34	97.58	94.64
Cash Growth	10.26%	-14.29%	-9.18%	4.88%	3.10%	15.39%
Accounts Receivable	84.66	81.1	99.66	98.57	78.48	47.86
Other Receivables	15.08	26.83	17.01	16.49	7.28	12.35
Receivables	99.74	107.93	116.66	115.06	85.76	60.21
Inventory	428.97	451.59	417.13	345.94	277.15	256.6
Total Current Assets	625.42	639.19	626.74	563.34	460.49	411.46
Property, Plant & Equipment	206.24	209.19	202.02	151.86	140.16	125.2
Long-Term Investments	19.9	16.43	18.44	17.37	15.74	16.55
Goodwill	113.35	114.26	108.18	99.22	101.4	85.98
Other Intangible Assets	5.12	5.25	5.12	4.99	4.6	4.47
Long-Term Deferred Tax Assets	11.49	8.62	8.5	6.78	12.61	16.01
Other Long-Term Assets	-	1.45	-	-	-	-
Total Assets	981.52	995.14	968.99	843.55	735	659.67
Accounts Payable	20.54	28.64	40.6	46.32	25.94	18.71
Short-Term Debt	153.97	142.77	188.26	170.88	110.46	94.63
Current Portion of Long-Term Debt	95.53	103.35	57.26	69.59	44.87	58.85
Other Current Liabilities	25.34	35.78	43.61	36.63	36.73	18.81
Total Current Liabilities	295.39	310.53	329.74	323.42	218	191.01
Long-Term Debt	141.09	139.59	107.89	41.27	74.13	74.04
Long-Term Leases	7.15	7.98	6.12	4.77	4.97	5.13
Pension & Post-Retirement Benefits	2.46	2.39	2.37	2.21	2.55	2.99
Long-Term Deferred Tax Liabilities	17.67	15.69	11.65	9.08	8.89	12.64
Other Long-Term Liabilities	0.57	0.6	0.09	0.57	0.33	0.12
Total Liabilities	464.31	476.77	457.86	381.31	308.88	285.93
Common Stock	8.67	8.67	8.67	8.67	8.67	8.67
Retained Earnings	15.3	30.71	56.45	52.82	35.86	20.04
Comprehensive Income & Other	461.8	448.19	424.58	380.96	363.01	339.63
Total Common Equity	485.77	487.57	489.7	442.45	407.54	368.34
Minority Interest	31.44	30.8	21.42	19.78	18.58	5.4
Shareholders' Equity	517.21	518.37	511.12	462.24	426.12	373.74
Total Liabilities & Equity	981.52	995.14	968.99	843.55	735	659.67
Total Debt	397.73	393.69	359.53	286.5	234.44	232.65
Net Cash (Debt)	-301.03	-314.02	-266.59	-184.16	-136.86	-138.01
Net Cash Per Share	-13.89	-14.49	-12.30	-8.50	-6.31	-6.37
Filing Date Shares Outstanding	21.68	21.68	21.68	21.68	21.68	21.69
Total Common Shares Outstanding	21.68	21.68	21.68	21.68	21.68	21.69
Working Capital	330.03	328.66	297	239.93	242.49	220.45
Book Value Per Share	22.41	22.49	22.59	20.41	18.80	16.99
Tangible Book Value	367.3	368.07	376.4	338.25	301.55	277.89
Tangible Book Value Per Share	16.94	16.98	17.36	15.60	13.91	12.81
Land	23.3	23.47	22.9	20.83	19.29	16.19
Buildings	131.26	129.59	117.45	93.87	89.91	79.27
Construction In Progress	19.03	23.56	26.61	13.92	2.34	0.65

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