Train Alliance AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

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	30.15	90.43	168.19	174.8	171.93	106.01
Short-Term Investments	-	0	170	285	66.74	20
Cash & Short-Term Investments	30.15	90.43	338.19	459.8	238.67	126.01
Cash Growth	-88.34%	-73.26%	-26.45%	92.65%	89.40%	203.88%
Accounts Receivable	9.77	23.46	16.48	29.48	18.37	6.69
Other Receivables	142.48	37.74	54.25	91.83	94.5	32.15
Total Trade Receivables	152.25	61.2	70.73	121.31	112.87	38.84
Inventory	483.9	457.12	271.44	191.31	370.71	25.79
Total Current Assets	666.29	608.74	680.35	772.42	722.25	190.64
Net Property, Plant & Equipment	966.65	1,016	1,051	970.44	851.36	1,030
Long-Term Investments	225.5	214.37	62.03	61.6	32.69	315.9
Other Long-Term Assets	95.15	182.89	0	-	-	32.13
Total Assets	1,954	2,022	1,794	1,804	1,606	1,568
Accounts Payable	18.23	28.02	23.54	23.72	30.53	7.95
Accrued Expenses	12.7	13.41	102.87	110.56	30.38	28.63
Current Portion of Long-Term Debt	125.42	47.58	19.86	21.61	17.34	5.22
Unearned Revenue	18.16	131.88	0	0	-	-
Other Current Liabilities	8.51	5.32	2.36	7.19	4.06	6.18
Total Current Liabilities	183.02	226.21	148.62	163.07	82.31	47.98
Long-Term Debt	579.46	683.17	321.56	335.19	83.18	177.36
Other Long-Term Liabilities	23.49	23.56	8.93	1.36	7.71	26.61
Total Long-Term Liabilities	592.72	696.49	323.12	335.37	86.69	183.6
Total Liabilities	775.74	922.7	471.74	498.44	169	231.58
Common Stock	659.67	659.67	659.67	659.67	659.67	659.67
Additional Paid-in Capital	553.79	579.79	579.79	553.79	553.79	553.79
Retained Earnings	-45.85	-150.84	75.26	91.37	219.64	102.95
Shareholders' Equity	1,168	1,089	1,315	1,305	1,433	1,316
Total Liabilities & Equity	1,954	2,022	1,794	1,804	1,606	1,568
Total Debt	704.89	730.74	341.42	356.8	100.52	182.58
Net Cash (Debt)	-674.74	-640.32	-3.23	103	138.15	-56.57
Net Cash Growth	-	-	-	-25.44%	-	-
Net Cash Per Share	-8.52	-8.09	-0.04	1.30	1.75	-0.76
Book Value	1,168	1,089	1,315	1,305	1,433	1,316
Book Value Per Share	14.75	13.75	16.61	16.48	18.10	17.67
Tangible Book Value	1,168	1,089	1,315	1,305	1,433	1,316
Tangible Book Value Per Share	14.75	13.75	16.61	16.48	18.10	17.67