VAT Group AG Balance Sheet

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	115.29	140.94	158.12	144.11	174.37	127.15
Short-Term Investments	1.26	0.04	0.03	0.04	0.04	0.03
Cash & Short-Term Investments	116.55	140.98	158.15	144.15	174.4	127.19
Cash Growth	-21.40%	-10.86%	9.72%	-17.35%	37.12%	-7.77%
Accounts Receivable	175.61	113.54	131.52	98.61	151.67	116.12
Other Receivables	2.41	15.08	11.53	12.06	14.14	8.99
Receivables	178.02	128.61	143.05	110.67	165.81	125.11
Inventory	273.42	190.02	247.6	188.46	229.25	152.76
Prepaid Expenses	9.03	5.95	5.6	4.38	9.62	4.05
Other Current Assets	2.37	10.15	3	18.05	10.76	4.58
Total Current Assets	579.39	475.72	557.4	465.69	589.84	413.68
Property, Plant & Equipment	336.77	334.97	273.18	234.82	204.32	158.54
Long-Term Investments	8.15	5.3	3.94	0.89	0.88	0.86
Goodwill	-	183.92	183.92	183.92	183.92	183.92
Other Intangible Assets	433.38	229.41	233.57	252.32	266.56	278.21
Long-Term Deferred Tax Assets	11.17	7.05	9.22	4.98	6.36	5.35
Long-Term Deferred Charges	-	23.79	30.87	23.18	20.08	20.62
Other Long-Term Assets	2.57	2.71	2.65	2.65	2.83	3.69
Total Assets	1,371	1,263	1,295	1,168	1,275	1,065
Accounts Payable	124.97	31.99	72.44	50.51	83.99	50.31
Accrued Expenses	59.81	54.96	75.97	47.49	54.77	54.63
Current Portion of Long-Term Debt	3.85	198.16	-	-	199.85	-
Current Portion of Leases	-	5.47	2.44	2.07	3.15	2.11
Current Income Taxes Payable	39.12	39.23	31.13	20.61	47.7	30.15
Current Unearned Revenue	-	0.19	0.19	-	0.01	0.13
Other Current Liabilities	15.95	32.02	44.46	23.41	42.5	22.12
Total Current Liabilities	243.7	362.01	226.63	144.08	431.98	159.43
Long-Term Debt	346.16	1.44	229.34	198.98	0.08	199.72
Long-Term Leases	46.9	43.21	10.01	6.25	8.1	5.12
Pension & Post-Retirement Benefits	6.48	21.19	31.81	16.94	2.74	13.8
Long-Term Deferred Tax Liabilities	40.01	38.11	40.9	43.49	49.36	49.82
Other Long-Term Liabilities	3.22	3.75	2.18	1.55	2.21	2.62
Total Liabilities	686.46	469.71	540.87	411.3	494.47	430.5
Common Stock	3	3	3	3	3	3
Additional Paid-In Capital	0.34	0.34	0.34	0.34	0.34	6.48
Retained Earnings	713.75	813.81	776.77	768.18	781.07	624.79
Treasury Stock	-12.57	-12.71	-9.86	-6.8	-5.32	-4.5
Comprehensive Income & Other	-19.57	-11.27	-16.38	-7.57	1.22	4.61
Shareholders' Equity	684.96	793.17	753.88	757.16	780.32	634.37
Total Liabilities & Equity	1,371	1,263	1,295	1,168	1,275	1,065
Total Debt	396.9	248.28	241.79	207.31	211.18	206.94
Net Cash (Debt)	-280.35	-107.3	-83.63	-63.16	-36.78	-79.76
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-9.34	-3.58	-2.79	-2.11	-1.23	-2.66
Filing Date Shares Outstanding	29.93	29.97	29.98	29.98	29.98	29.99
Total Common Shares Outstanding	29.93	29.97	29.98	29.98	29.98	29.99
Working Capital	335.69	113.71	330.77	321.61	157.86	254.26
Book Value Per Share	22.88	26.47	25.15	25.26	26.03	21.16
Tangible Book Value	251.58	379.83	336.39	320.92	329.84	172.24
Tangible Book Value Per Share	8.40	12.68	11.22	10.70	11.00	5.74
Land	-	14.27	14.57	13.75	14.86	7.88
Buildings	-	187.66	144.58	96.43	96.76	95.86
Machinery	-	230.33	201.53	165.91	150.94	144.19
Construction In Progress	-	48.38	75.17	101.42	72.36	31.14
Order Backlog	-	304.3	370.3	291.6	517.7	461.2