Montana Aerospace AG Balance Sheet

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

Millions EUR. 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	95.64	112.76	133.53	175.25	426.22	509.06
Short-Term Investments	-	-	0.17	0.85	0.79	0.59
Cash & Short-Term Investments	95.64	112.76	133.7	176.11	427	509.65
Cash Growth	-22.11%	-15.66%	-24.08%	-58.76%	-16.22%	430.46%
Accounts Receivable	173.51	145.62	207.04	187.23	195.38	143.35
Other Receivables	53.04	35.16	46.56	63.65	82.98	28.46
Receivables	226.54	180.78	253.6	253.94	281.42	171.81
Inventory	292.21	270.2	389.39	334.44	323.98	245.43
Prepaid Expenses	-	15.1	9.98	10.63	11.72	11.47
Other Current Assets	-	4.65	6.45	12.22	8.88	0.19
Total Current Assets	614.39	583.49	793.11	787.34	1,053	938.55
Property, Plant & Equipment	541.93	547.61	669.92	722.99	745	603.84
Long-Term Investments	6.34	6.34	5.21	34.54	30.13	-
Goodwill	-	103.35	106.86	87.24	88.15	59.44
Other Intangible Assets	277.72	152.84	172.83	170.9	176.13	93
Long-Term Deferred Tax Assets	1.3	1.27	13.29	6.59	6.92	8.57
Long-Term Deferred Charges	-	24.75	30.09	32.24	41.48	41.07
Other Long-Term Assets	67.17	69.14	39.42	57.99	68.99	47.92
Total Assets	1,557	1,598	1,831	1,935	2,221	1,792
Accounts Payable	120.58	119.46	235.19	230.36	224.14	110.79
Accrued Expenses	32.41	25.93	30.09	23.63	21.54	15.13
Short-Term Debt	-	-	-	-	11.17	22.78
Current Portion of Long-Term Debt	0.22	0.42	18.45	82.28	111.75	79.66
Current Portion of Leases	-	5.76	5.11	6.56	2.13	7.49
Current Income Taxes Payable	7.07	9.2	6.8	0.99	0.72	0.71
Current Unearned Revenue	14.37	8.73	19.01	8.67	3.7	19.63
Other Current Liabilities	74.51	72.23	111.87	99.68	97.88	40.67
Total Current Liabilities	249.15	241.72	426.52	452.16	473.02	296.85
Long-Term Debt	118.3	188.3	217.8	258.93	466.44	455.88
Long-Term Leases	-	31.13	22.06	17.27	28.63	25
Long-Term Unearned Revenue	12.02	12.9	8.82	7.01	5.94	-
Pension & Post-Retirement Benefits	12.47	12.6	18.13	17.27	16.81	21.71
Long-Term Deferred Tax Liabilities	39.42	40.19	40.01	46.27	62.82	21.27
Other Long-Term Liabilities	104.31	72.89	168.01	202.19	209.35	66.82
Total Liabilities	535.68	599.74	901.34	1,001	1,263	887.53
Common Stock	57.22	57.06	56.5	56.48	56.48	52.16
Additional Paid-In Capital	811.59	808.42	922.33	921.06	918.25	849.08
Retained Earnings	136.5	110.47	-57.34	-91.25	-50.98	-26.64
Comprehensive Income & Other	-	6.29	10.13	49.87	35.29	30.96
Total Common Equity	1,005	982.24	931.62	936.16	959.04	905.56
Minority Interest	15.66	15.6	-2.23	-1.8	-1.41	-0.7
Shareholders' Equity	1,021	997.83	929.39	934.36	957.63	904.85
Total Liabilities & Equity	1,557	1,598	1,831	1,935	2,221	1,792
Total Debt	118.52	225.61	263.42	365.03	620.11	590.81
Net Cash (Debt)	-22.88	-112.85	-129.72	-188.92	-193.11	-81.16
Net Cash Per Share	-0.38	-1.81	-2.09	-3.05	-3.18	-1.94
Filing Date Shares Outstanding	60.82	62.53	62.01	61.99	61.99	57.55
Total Common Shares Outstanding	60.82	62.53	62.01	61.99	61.99	57.55
Working Capital	365.24	341.76	366.59	335.18	579.98	641.7
Book Value Per Share	16.53	15.71	15.02	15.10	15.47	15.73
Tangible Book Value	727.6	726.05	651.93	678.03	694.76	753.12
Tangible Book Value Per Share	11.96	11.61	10.51	10.94	11.21	13.09
Land	-	31.81	43.37	56.85	56.22	29.27
Buildings	-	152.63	187.25	205.35	203.65	157.08
Machinery	-	668.26	713.78	710.6	675.12	522.8
Construction In Progress	-	36.01	78.4	114.67	105.19	134.12

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