Investment AB Latour Balance Sheet

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

Millions SEK. 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	8,507	2,960	2,235	1,710	1,516
Cash & Short-Term Investments	8,507	2,960	2,235	1,710	1,516
Cash Growth	187.40%	32.44%	30.70%	12.80%	-62.41%
Accounts Receivable	5,028	4,309	4,033	4,573	3,511
Other Receivables	-	798	766	583	387
Receivables	5,028	5,107	4,799	5,156	3,898
Inventory	-	4,722	4,519	5,244	3,753
Prepaid Expenses	-	524	371	370	259
Other Current Assets	-	154	71	46	173
Total Current Assets	13,535	13,467	11,995	12,526	9,599
Property, Plant & Equipment	4,264	3,966	3,469	3,374	3,020
Long-Term Investments	31,157	31,120	29,459	26,080	22,238
Goodwill	18,827	17,624	14,438	14,425	12,266
Other Intangible Assets	400	413	367	399	329
Long-Term Deferred Tax Assets	457	469	481	523	454
Total Assets	68,640	67,139	60,265	57,373	47,937
Accounts Payable	-	1,939	1,770	1,774	1,568
Accrued Expenses	-	938	853	762	681
Short-Term Debt	42	37	20	151	114
Current Portion of Long-Term Debt	5,956	3,760	4,380	4,925	240
Current Portion of Leases	472	400	288	258	224
Current Income Taxes Payable	-	384	323	311	222
Other Current Liabilities	5,178	1,864	1,803	2,175	1,975
Total Current Liabilities	11,648	9,322	9,437	10,356	5,024
Long-Term Debt	11,500	11,236	7,646	7,528	9,429
Long-Term Leases	1,300	1,328	1,162	1,208	846
Pension & Post-Retirement Benefits	-	267	212	196	227
Long-Term Deferred Tax Liabilities	-	806	715	652	535
Other Long-Term Liabilities	1,429	238	195	192	190
Total Liabilities	25,877	23,197	19,367	20,132	16,251
Common Stock	133	133	133	133	133
Retained Earnings	42,235	42,013	39,635	35,851	31,227
Treasury Stock	-92	-92	-80	-173	-164
Comprehensive Income & Other	347	1,576	1,155	1,375	357
Total Common Equity	42,623	43,630	40,843	37,186	31,553
Minority Interest	140	312	55	55	133
Shareholders' Equity	42,763	43,942	40,898	37,241	31,686
Total Liabilities & Equity	68,640	67,139	60,265	57,373	47,937
Total Debt	19,270	16,761	13,496	14,070	10,853
Net Cash (Debt)	-10,763	-13,801	-11,261	-12,360	-9,337
Net Cash Per Share	-16.79	-21.53	-17.55	-19.26	-14.56
Filing Date Shares Outstanding	639.32	639.32	639.29	639.33	639.32
Total Common Shares Outstanding	639.32	639.32	639.29	639.33	639.32
Working Capital	1,887	4,145	2,558	2,170	4,575
Book Value Per Share	66.67	68.24	63.89	58.16	49.35
Tangible Book Value	23,396	25,593	26,038	22,362	18,958
Tangible Book Value Per Share	36.60	40.03	40.73	34.98	29.65
Land	-	104	97	97	119
Buildings	-	3,516	2,984	2,786	2,458
Machinery	-	3,411	3,137	1,769	1,550
Construction In Progress	-	156	181	120	47
Order Backlog	6,457	-	-	-	-

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