AS APF Holdings 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
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
Cash & Equivalents	1.13	1.53	3.32	0.06	0.02
Cash & Short-Term Investments	1.13	1.53	3.32	0.06	0.02
Cash Growth	31.21%	-53.80%	5048.79%	320.04%	-
Accounts Receivable	1.91	1.48	0.7	0.94	0.37
Other Receivables	0.26	0.88	0.4	0.04	0.01
Receivables	2.18	2.36	1.1	0.98	0.39
Inventory	4.04	2.18	1.81	1.72	1.83
Prepaid Expenses	0.1	0.1	0.05	-	-
Other Current Assets	0.98	0.05	0.46	0.09	0.02
Total Current Assets	8.42	6.22	6.74	2.85	2.25
Property, Plant & Equipment	21.1	15.16	10.18	10.32	10.51
Long-Term Investments	-	0	0	0	-
Other Intangible Assets	0.11	0.16	0.05	0.03	0
Long-Term Deferred Charges	0	0	-	-	-
Other Long-Term Assets	0.14	4.1	0.42	-	0
Total Assets	29.77	25.64	17.39	13.2	12.77
Accounts Payable	1.71	1.04	1.17	1.17	1.12
Accrued Expenses	0.78	2.28	0.63	0.44	0.39
Short-Term Debt	-	-	-	-	0.13
Current Portion of Long-Term Debt	0.21	0.14	1.71	2.54	0.02
Current Portion of Leases	-	-	-	0.01	-
Current Income Taxes Payable	0.24	0	0	0	0
Current Unearned Revenue	0.27	0.23	0.19	0.19	0.19
Other Current Liabilities	0.01	0.05	0.03	0.02	0.02
Total Current Liabilities	3.21	3.74	3.73	4.37	1.87
Long-Term Debt	14.17	11.12	4.74	5.53	10.87
Long-Term Leases	-	-	-	0.04	-
Long-Term Unearned Revenue	4.6	4.7	2.41	2.5	2.59
Other Long-Term Liabilities	-	-	0.42	-	-
Total Liabilities	21.98	19.57	11.31	12.44	15.34
Common Stock	5.73	5.73	5.73	4.7	1.7
Additional Paid-In Capital	3.76	3.76	3.76	-	-
Retained Earnings	-1.7	-3.42	-3.41	-3.94	-4.27
Comprehensive Income & Other	0	0	0	0	0
Shareholders' Equity	7.79	6.07	6.08	0.76	-2.57
Total Liabilities & Equity	29.77	25.64	17.39	13.2	12.77
Total Debt	14.38	11.26	6.45	8.11	11.03
Net Cash (Debt)	-13.25	-9.73	-3.13	-8.05	-11.01
Net Cash Per Share	-2.31	-1.70	-	-1.71	-6.48
Filing Date Shares Outstanding	5.73	5.73	-	4.7	1.7
Total Common Shares Outstanding	5.73	5.73	-	4.7	1.7
Working Capital	5.21	2.47	3	-1.52	0.38
Book Value Per Share	1.36	1.06	-	0.16	-1.51
Tangible Book Value	7.68	5.91	6.03	0.73	-2.57
Tangible Book Value Per Share	1.34	1.03	-	0.16	-1.51
Land	11.14	4.76	4.77	4.75	4.71
Machinery	11.43	6.14	6.6	6.6	6.6

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