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	Mar '26 Mar 31, 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	98.73	104.08	82.25	66.12	100.77	120.14
Trading Asset Securities	1.33	1.36	1.07	0.98	1.34	2
Cash & Short-Term Investments	100.06	105.44	83.32	67.11	102.1	122.14
Cash Growth	15.16%	26.54%	24.17%	-34.28%	-16.41%	30.44%
Accounts Receivable	224.49	230.83	202.58	132.44	171.46	140.69
Other Receivables	20.89	19.47	28.08	83.27	31.9	43.01
Receivables	245.38	250.29	230.66	215.71	203.36	183.7
Inventory	12.19	11.98	13.14	15.4	14.74	8.6
Prepaid Expenses	12.75	9.61	11.3	10.82	10.47	9.5
Other Current Assets	31.53	26.99	15.5	9.43	10.33	6.5
Total Current Assets	401.9	404.31	353.93	318.46	341.01	330.44
Property, Plant & Equipment	883.49	892.65	887.73	744.25	737.24	743.53
Long-Term Investments	111.67	107.33	101.32	97.34	93.45	84.88
Goodwill	41.25	41.4	38.11	21.24	11.09	11.47
Other Intangible Assets	90.97	93.49	96.56	92.91	78.68	75.24
Long-Term Accounts Receivable	-	-	-	-	3.34	2.96
Long-Term Deferred Tax Assets	3.36	3.33	2.61	2.98	10.5	6.44
Other Long-Term Assets	17.89	19.62	16.08	14.64	11.78	11.76
Total Assets	1,551	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	Mar '26 Mar 31, 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	149.17	151.42	138.61	121.44	107.56	80.97
Accrued Expenses	33.58	36.82	30.02	24.56	37.65	42.22
Current Portion of Long-Term Debt	177.85	142.99	187.82	132.45	86.33	155.7
Current Portion of Leases	21.51	19.51	17.53	15	10.63	10.35
Current Income Taxes Payable	9.43	8.51	8.65	7.16	8.52	8.82
Current Unearned Revenue	4.2	4.24	3.38	2.83	2.83	2.85
Other Current Liabilities	28.72	22.14	22.02	26.86	35.48	78.01
Total Current Liabilities	424.45	385.62	408.02	330.3	289	378.92
Long-Term Debt	398.07	447.99	440.72	395.17	431.39	377.17
Long-Term Leases	107.72	112.3	96.61	39.58	39.66	37.43
Long-Term Unearned Revenue	-	-	-	-	-	0.23
Pension & Post-Retirement Benefits	6.76	7.03	6.26	7.64	6.25	4.63
Long-Term Deferred Tax Liabilities	27.08	27.13	28.33	24.89	34.43	32.96
Other Long-Term Liabilities	9.62	12.19	10.23	6.13	8.9	3.09
Total Liabilities	973.7	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	Mar '26 Mar 31, 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	294.11	285.28	261.19	245.45	253.55	219.45
Comprehensive Income & Other	24.89	26.28	0.32	9.8	1.57	-4.98
Total Common Equity	467.29	459.85	409.79	403.54	403.4	362.76
Minority Interest	109.53	110.03	96.37	84.58	74.03	69.52
Shareholders' Equity	576.82	569.88	506.17	488.11	477.44	432.28
Total Liabilities & Equity	1,551	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	Mar '26 Mar 31, 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	705.14	722.79	742.68	582.2	568.01	580.64
Net Cash (Debt)	-605.08	-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	-22.55	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	335.07	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	83.5	80.94	78.58	73.36	52.17	46.76
Buildings	85.52	82.03	65.49	64.86	66.45	56.71
Machinery	1,002	991.5	973.33	834.71	832.87	807.83
Construction In Progress	11.56	14.79	19.51	8.94	6.31	9.29