Montana Aerospace AG Balance Sheet

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

Millions EUR. 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	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	112.76	133.7	176.11	427	509.65
Cash Growth	-15.66%	-24.08%	-58.76%	-16.22%	430.46%
Accounts Receivable	145.62	207.04	187.23	195.38	143.35
Other Receivables	35.16	46.56	63.65	82.98	28.46
Receivables	180.78	253.6	253.94	281.42	171.81
Inventory	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	583.49	793.11	787.34	1,053	938.55
Property, Plant & Equipment	547.61	669.92	722.99	745	603.84
Long-Term Investments	6.34	5.21	34.54	30.13	-
Goodwill	103.35	106.86	87.24	88.15	59.44
Other Intangible Assets	152.84	172.83	170.9	176.13	93
Long-Term Deferred Tax Assets	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	69.14	39.42	57.99	68.99	47.92
Total Assets	1,598	1,831	1,935	2,221	1,792
Accounts Payable	119.46	235.19	230.36	224.14	110.79
Accrued Expenses	25.93	30.09	23.63	21.54	15.13
Short-Term Debt	-	-	-	11.17	22.78
Current Portion of Long-Term Debt	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	9.2	6.8	0.99	0.72	0.71
Current Unearned Revenue	8.73	19.01	8.67	3.7	19.63
Other Current Liabilities	72.23	111.87	99.68	97.88	40.67
Total Current Liabilities	241.72	426.52	452.16	473.02	296.85
Long-Term Debt	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	12.9	8.82	7.01	5.94	-
Pension & Post-Retirement Benefits	12.6	18.13	17.27	16.81	21.71
Long-Term Deferred Tax Liabilities	40.19	40.01	46.27	62.82	21.27
Other Long-Term Liabilities	72.89	168.01	202.19	209.35	66.82
Total Liabilities	599.74	901.34	1,001	1,263	887.53
Common Stock	57.06	56.5	56.48	56.48	52.16
Additional Paid-In Capital	808.42	922.33	921.06	918.25	849.08
Retained Earnings	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	982.24	931.62	936.16	959.04	905.56
Minority Interest	15.6	-2.23	-1.8	-1.41	-0.7
Shareholders' Equity	997.83	929.39	934.36	957.63	904.85
Total Liabilities & Equity	1,598	1,831	1,935	2,221	1,792
Total Debt	225.61	263.42	365.03	620.11	590.81
Net Cash (Debt)	-112.85	-129.72	-188.92	-193.11	-81.16
Net Cash Per Share	-1.81	-2.09	-3.05	-3.18	-1.94
Filing Date Shares Outstanding	62.53	62.01	61.99	61.99	57.55
Total Common Shares Outstanding	62.53	62.01	61.99	61.99	57.55
Working Capital	341.76	366.59	335.18	579.98	641.7
Book Value Per Share	15.71	15.02	15.10	15.47	15.73
Tangible Book Value	726.05	651.93	678.03	694.76	753.12
Tangible Book Value Per Share	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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.