VGP NV Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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
Property, Plant & Equipment	1,752	1,424	984.1	1,911	1,450	640.04
Total Real Estate Assets	2,369	2,028	1,616	2,469	1,885	937.1
Cash & Equivalents	423.63	492.53	209.92	699.17	222.16	222.36
Accounts Receivable	17.5	19.67	15.93	16.06	9.28	7.78
Other Receivables	79.37	64.13	63.56	106.05	138.74	37.05
Other Intangible Assets	0.57	0.72	1	1.2	1.05	0.56
Other Current Assets	240.36	198.18	892.62	299.91	501.88	102.31
Deferred Long-Term Tax Assets	9.78	11.62	8.3	3.84	1.95	1.79
Other Long-Term Assets	1,889	1,839	1,603	1,251	1,123	918.81
Total Assets	5,030	4,654	4,411	4,846	3,883	2,228
Current Portion of Long-Term Debt	209.23	114.87	111.75	413.7	44.15	34.47
Long-Term Debt	2,120	1,942	1,885	1,960	1,341	748.8
Accounts Payable	97.45	69	67.02	98.08	95.19	58.1
Accrued Expenses	-	5.6	5.19	3.33	7.86	5.23
Other Current Liabilities	14.85	39.11	65.15	42.21	74.62	21.14
Long-Term Deferred Tax Liabilities	55.42	35.65	23.94	79.67	112.3	43.81
Other Long-Term Liabilities	41.89	46.78	38.09	46.42	32.46	10.46
Total Liabilities	2,539	2,254	2,196	2,644	1,707	922.01
Common Stock	136.09	136.09	136.09	136.09	108.87	102.64
Additional Paid-In Capital	845.58	845.58	845.58	845.58	574.09	285.42
Retained Earnings	1,540	1,449	1,263	1,251	1,523	948.09
Comprehensive Income & Other	-30.42	-30.42	-30.42	-30.42	-30.42	-30.42
Shareholders' Equity	2,491	2,400	2,214	2,202	2,176	1,306
Total Liabilities & Equity	5,030	4,654	4,411	4,846	3,883	2,228
Total Debt	2,329	2,057	1,997	2,374	1,385	783.26
Net Cash (Debt)	-1,906	-1,565	-1,787	-1,675	-1,163	-560.91
Net Cash Per Share	-69.82	-57.34	-65.48	-75.07	-56.17	-28.10
Filing Date Shares Outstanding	27.29	27.29	27.29	27.29	21.83	20.58
Total Common Shares Outstanding	27.29	27.29	27.29	27.29	21.83	20.58
Book Value Per Share	91.27	87.96	81.14	80.69	99.65	63.44
Tangible Book Value	2,490	2,400	2,213	2,201	2,175	1,305
Tangible Book Value Per Share	91.25	87.93	81.10	80.65	99.60	63.41
Construction In Progress	-	14.06	31.33	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.