Serial System Balance Sheet

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

Millions USD. 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
Cash & Equivalents	38.7	38.31	37.08	35.98	50.96	64.74
Short-Term Investments	-	0.62	1.35	3.1	2.54	2.68
Trading Asset Securities	4.85	9.68	7.66	9.81	10.72	15.91
Cash & Short-Term Investments	43.56	48.61	46.08	48.88	64.22	83.33
Cash Growth	4.15%	5.47%	-5.73%	-23.88%	-22.94%	1.40%
Accounts Receivable	162.55	166.21	153.12	169.9	159.14	134.8
Other Receivables	14.93	7.79	6.94	8.45	7.14	7.31
Receivables	177.48	174.01	160.06	178.35	169.65	146.61
Inventory	119.53	122.26	126.59	162.97	133.69	107.69
Prepaid Expenses	7.7	0.77	2.06	1.79	1.69	2.28
Other Current Assets	3.31	4.01	6.87	6.32	4.38	0.88
Total Current Assets	351.57	349.65	341.66	398.32	373.62	340.78
Property, Plant & Equipment	27.38	27.09	29.07	30.42	33.98	33.8
Long-Term Investments	24.45	23.13	15.15	15.8	16.22	10.49
Goodwill	3.22	3.12	3.16	3.14	3.13	2.94
Other Intangible Assets	0.25	0.3	0.42	0.38	0.35	0.43
Long-Term Deferred Tax Assets	1.62	1.52	1.71	0.87	1	0.96
Other Long-Term Assets	8.21	7.32	8.32	8.6	9.51	7.31
Total Assets	416.69	412.13	399.48	457.52	437.8	396.72
Accounts Payable	85.26	84.16	45.68	70.75	66.06	70.77
Short-Term Debt	1.01	122.69	140.34	148.98	125.38	84.02
Current Portion of Long-Term Debt	153.86	46.33	41.87	47.4	41.53	44.74
Current Portion of Leases	-	0.91	1.09	1.55	1.53	0.85
Current Income Taxes Payable	0.58	0.59	1.03	1.39	1.38	0.95
Current Unearned Revenue	6.21	3.61	8.18	9.83	5.9	0.6
Other Current Liabilities	17.54	15.65	15.97	20.29	16.42	32.05
Total Current Liabilities	264.46	273.95	254.16	300.19	258.2	233.99
Long-Term Debt	10.64	1.85	10.94	6.4	14.76	9.21
Long-Term Leases	-	1.18	1.05	0.87	2.02	0.49
Pension & Post-Retirement Benefits	0.29	0.21	0.3	0.2	0.4	0.39
Long-Term Deferred Tax Liabilities	1.57	1.55	1.2	1.23	1.03	0.9
Total Liabilities	276.95	278.74	267.65	308.89	276.4	244.98
Common Stock	72.65	72.65	72.65	72.65	72.65	72.65
Retained Earnings	50.89	50.08	49.56	64.39	72	63.06
Treasury Stock	-0.07	-0.07	-0.07	-0.07	-0.07	-0.74
Comprehensive Income & Other	9.08	4.64	2.6	2.01	6.2	6.66
Total Common Equity	132.55	127.3	124.74	138.98	150.77	141.63
Minority Interest	7.2	6.09	7.1	9.65	10.62	10.1
Shareholders' Equity	139.74	133.39	131.83	148.63	161.4	151.74
Total Liabilities & Equity	416.69	412.13	399.48	457.52	437.8	396.72
Total Debt	165.51	172.97	195.29	205.19	185.21	139.32
Net Cash (Debt)	-121.96	-124.36	-149.21	-156.31	-121	-55.99
Net Cash Per Share	-0.13	-0.14	-0.16	-0.17	-0.13	-0.06
Filing Date Shares Outstanding	904.84	904.84	904.84	904.84	904.84	895.84
Total Common Shares Outstanding	904.84	904.84	904.84	904.84	904.84	895.84
Working Capital	87.12	75.7	87.5	98.12	115.42	106.8
Book Value Per Share	0.15	0.14	0.14	0.15	0.17	0.16
Tangible Book Value	129.08	123.88	121.15	135.46	147.3	138.26
Tangible Book Value Per Share	0.14	0.14	0.13	0.15	0.16	0.15
Land	-	3.03	3.28	3.28	3.29	3.48
Buildings	-	32.39	36.25	35.64	45.78	43.55
Machinery	-	10.18	10.1	10.01	9.86	9.81

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