Train Alliance AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	90.4	168.19	174.8	171.93	106.01
Short-Term Investments	170	170	-	66.74	20
Cash & Short-Term Investments	260.4	338.19	174.8	238.67	126.01
Cash Growth	-23.00%	93.47%	-26.76%	89.40%	203.88%
Accounts Receivable	27.48	16.48	29.48	18.37	6.69
Other Receivables	20.9	38.84	362.25	90.48	25.34
Receivables	48.39	55.32	391.73	108.85	32.03
Inventory	443.09	271.44	191.31	370.71	25.79
Prepaid Expenses	19.24	15.41	14.58	4.02	6.81
Total Current Assets	771.11	680.35	772.42	722.25	190.64
Property, Plant & Equipment	1,111	1,045	964.4	845.32	1,022
Long-Term Investments	298.03	62.03	61.6	32.69	315.9
Other Long-Term Assets	95.15	6.04	6.04	6.04	39.62
Total Assets	2,276	1,794	1,804	1,606	1,568
Accounts Payable	35.66	23.54	23.72	30.53	7.95
Accrued Expenses	157.11	26.63	11.16	4.85	3.53
Current Portion of Long-Term Debt	25.42	19.86	25.38	17.34	5.22
Current Income Taxes Payable	8.29	1.7	0.75	-	5.46
Current Unearned Revenue	-	76.24	88.39	24.36	25.1
Other Current Liabilities	88.71	0.66	17.44	5.23	0.73
Total Current Liabilities	315.18	148.62	166.83	82.31	47.98
Long-Term Debt	537.7	323.12	331.6	86.69	183.6
Long-Term Deferred Tax Liabilities	10.24	7.38	1.18	4.2	20.37
Total Liabilities	863.12	479.11	499.62	173.2	251.95
Common Stock	659.67	659.67	659.67	659.67	659.67
Additional Paid-In Capital	553.79	579.79	579.79	553.79	553.79
Retained Earnings	97.77	-	-	-	102.95
Comprehensive Income & Other	101.26	75.26	65.37	219.64	-
Shareholders' Equity	1,412	1,315	1,305	1,433	1,316
Total Liabilities & Equity	2,276	1,794	1,804	1,606	1,568
Total Debt	563.12	342.97	356.98	104.03	188.82
Net Cash (Debt)	-302.72	-4.79	-182.18	134.64	-62.8
Net Cash Per Share	-3.82	-0.06	-2.30	1.70	-0.84
Filing Date Shares Outstanding	79.16	79.16	79.16	79.16	79.16
Total Common Shares Outstanding	79.16	79.16	79.16	79.16	79.16
Working Capital	455.93	531.73	605.58	639.94	142.66
Book Value Per Share	17.84	16.61	16.48	18.10	16.63
Tangible Book Value	1,412	1,315	1,305	1,433	1,316
Tangible Book Value Per Share	17.84	16.61	16.48	18.10	16.63
Land	-	676.16	676.16	557.76	294.54
Buildings	-	315.14	302.53	289.8	475.29
Machinery	-	117.13	65.84	58.63	127.35
Construction In Progress	-	35.95	4.55	7.79	176.91

Source: S&P Global Market Intelligence. Standard template. Financial Sources.