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	90.43	168.19	174.8	171.93	106.01
Short-Term Investments	-	170	-	66.74	20
Cash & Short-Term Investments	90.43	338.19	174.8	238.67	126.01
Cash Growth	-73.26%	93.47%	-26.76%	89.40%	203.88%
Accounts Receivable	23.46	16.48	29.48	18.37	6.69
Other Receivables	26.2	38.84	362.25	90.48	25.34
Receivables	49.66	55.32	391.73	108.85	32.03
Inventory	457.12	271.44	191.31	370.71	25.79
Prepaid Expenses	11.53	15.41	14.58	4.02	6.81
Total Current Assets	608.74	680.35	772.42	722.25	190.64
Property, Plant & Equipment	1,013	1,045	964.4	845.32	1,022
Long-Term Investments	214.37	62.03	61.6	32.69	315.9
Other Long-Term Assets	2.85	6.04	6.04	6.04	39.62
Total Assets	2,022	1,794	1,804	1,606	1,568
Accounts Payable	28.02	23.54	23.72	30.53	7.95
Accrued Expenses	8.88	26.63	11.16	4.85	3.53
Current Portion of Long-Term Debt	47.58	19.86	25.38	17.34	5.22
Current Income Taxes Payable	5.2	1.7	0.75	-	5.46
Current Unearned Revenue	4.53	76.24	88.39	24.36	25.1
Other Current Liabilities	131.99	0.66	17.44	5.23	0.73
Total Current Liabilities	226.21	148.62	166.83	82.31	47.98
Long-Term Debt	696.49	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	932.94	479.11	499.62	173.2	251.95
Common Stock	659.67	659.67	659.67	659.67	659.67
Additional Paid-In Capital	579.79	579.79	579.79	553.79	553.79
Retained Earnings	-150.84	75.26	-	-	102.95
Comprehensive Income & Other	-	-	65.37	219.64	-
Shareholders' Equity	1,089	1,315	1,305	1,433	1,316
Total Liabilities & Equity	2,022	1,794	1,804	1,606	1,568
Total Debt	744.07	342.97	356.98	104.03	188.82
Net Cash (Debt)	-653.64	-4.79	-182.18	134.64	-62.8
Net Cash Per Share	-8.26	-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	382.53	531.73	605.58	639.94	142.66
Book Value Per Share	13.75	16.61	16.48	18.10	16.63
Tangible Book Value	1,089	1,315	1,305	1,433	1,316
Tangible Book Value Per Share	13.75	16.61	16.48	18.10	16.63
Land	676.16	676.16	676.16	557.76	294.54
Buildings	335.21	315.14	302.53	289.8	475.29
Machinery	115.89	117.13	65.84	58.63	127.35
Construction In Progress	0.32	35.95	4.55	7.79	176.91