Grupo Empresas Navieras Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	89.59	104.08	82.25	66.12	100.77	120.14
Trading Asset Securities	1.22	1.36	1.07	0.98	1.34	2
Cash & Short-Term Investments	90.81	105.44	83.32	67.11	102.1	122.14
Cash Growth	-9.21%	26.54%	24.17%	-34.28%	-16.41%	30.44%
Accounts Receivable	225.02	230.83	202.58	132.44	171.46	140.69
Other Receivables	21.53	19.47	28.08	83.27	31.9	43.01
Receivables	246.54	250.29	230.66	215.71	203.36	183.7
Inventory	13.04	11.98	13.14	15.4	14.74	8.6
Prepaid Expenses	12.23	9.61	11.3	10.82	10.47	9.5
Other Current Assets	18.81	26.99	15.5	9.43	10.33	6.5
Total Current Assets	381.43	404.31	353.93	318.46	341.01	330.44
Property, Plant & Equipment	896.67	892.65	887.73	744.25	737.24	743.53
Long-Term Investments	112.94	107.33	101.32	97.34	93.45	84.88
Goodwill	44.14	41.4	38.11	21.24	11.09	11.47
Other Intangible Assets	99.48	93.49	96.56	92.91	78.68	75.24
Long-Term Accounts Receivable	-	-	-	-	3.34	2.96
Long-Term Deferred Tax Assets	3.39	3.33	2.61	2.98	10.5	6.44
Other Long-Term Assets	19.4	19.62	16.08	14.64	11.78	11.76
Total Assets	1,557	1,562	1,496	1,292	1,287	1,267

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	146.69	151.42	138.61	121.44	107.56	80.97
Accrued Expenses	31.22	36.82	30.02	24.56	37.65	42.22
Current Portion of Long-Term Debt	172.24	142.99	187.82	132.45	86.33	155.7
Current Portion of Leases	31.37	19.51	17.53	15	10.63	10.35
Current Income Taxes Payable	4.93	8.51	8.65	7.16	8.52	8.82
Current Unearned Revenue	4.33	4.24	3.38	2.83	2.83	2.85
Other Current Liabilities	28.29	22.14	22.02	26.86	35.48	78.01
Total Current Liabilities	419.07	385.62	408.02	330.3	289	378.92
Long-Term Debt	386.44	447.99	440.72	395.17	431.39	377.17
Long-Term Leases	109.62	112.3	96.61	39.58	39.66	37.43
Long-Term Unearned Revenue	0.15	-	-	-	-	0.23
Pension & Post-Retirement Benefits	7.06	7.03	6.26	7.64	6.25	4.63
Long-Term Deferred Tax Liabilities	26.62	27.13	28.33	24.89	34.43	32.96
Other Long-Term Liabilities	10.46	12.19	10.23	6.13	8.9	3.09
Total Liabilities	959.4	992.26	990.17	803.71	809.64	834.43

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	148.29	148.29	148.29	148.29	148.29	148.29
Retained Earnings	305.49	285.28	261.19	245.45	253.55	219.45
Comprehensive Income & Other	30.09	26.28	0.32	9.8	1.57	-4.98
Total Common Equity	483.87	459.85	409.79	403.54	403.4	362.76
Minority Interest	114.19	110.03	96.37	84.58	74.03	69.52
Shareholders' Equity	598.06	569.88	506.17	488.11	477.44	432.28
Total Liabilities & Equity	1,557	1,562	1,496	1,292	1,287	1,267

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	699.66	722.79	742.68	582.2	568.01	580.64
Net Cash (Debt)	-608.85	-617.36	-659.35	-515.09	-465.91	-458.5
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.09	-0.09	-0.10	-0.07	-0.07	-0.07
Filing Date Shares Outstanding	6,910	6,910	6,910	6,910	6,910	6,910
Total Common Shares Outstanding	6,910	6,910	6,910	6,910	6,910	6,910
Working Capital	-37.64	18.7	-54.09	-11.84	52	-48.48
Book Value Per Share	0.07	0.07	0.06	0.06	0.06	0.05
Tangible Book Value	340.25	324.96	275.13	289.38	313.64	276.04
Tangible Book Value Per Share	0.05	0.05	0.04	0.04	0.05	0.04
Land	84.26	80.94	78.58	73.36	52.17	46.76
Buildings	89.66	82.03	65.49	64.86	66.45	56.71
Machinery	1,014	991.5	973.33	834.71	832.87	807.83
Construction In Progress	13.11	14.79	19.51	8.94	6.31	9.29