Baltic Horizon Fund (TAL:NHCBHFFT)

Baltic Horizon Fund Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	228.32	241.16	250.39	333.12	327.36	339.99
Cash & Equivalents	6.02	10.05	6.18	5.35	16.1	13.33
Accounts Receivable	1.33	1.7	1.7	2.39	2.48	1.43
Other Receivables	0.67	1.1	0.89	0.31	0.22	0.47
Investment In Debt and Equity Securities	-	0	0.3	2.23	-	-
Other Intangible Assets	-	0	0.01	0.01	0.01	-
Other Current Assets	0.41	0.8	0.4	0.27	0.14	0.35
Trading Asset Securities	-	-	0.62	0.29	-	-
Other Long-Term Assets	0.94	1.23	0.65	-	0.02	0.02
Total Assets	237.69	256.05	261.14	343.96	346.34	355.6
Current Portion of Long-Term Debt	3.02	0.94	13.88	1.05	0.65	0.31
Current Portion of Leases	0.01	0.02	0.02	0.03	0.04	0.02
Long-Term Debt	110.08	98.27	63.92	123.51	157.69	197.14
Long-Term Leases	0.22	0.22	0.24	0.51	0.54	0.27
Accounts Payable	0.74	1.96	0.97	2.33	1.33	0.83
Accrued Expenses	1.43	2.31	2	1.54	1.38	1.41
Current Income Taxes Payable	-	0.01	0.01	0.01	0.01	0
Other Current Liabilities	0.46	1.1	1.03	2.59	3.63	2.35
Long-Term Deferred Tax Liabilities	1.68	1.9	2.77	7.49	6.3	6.01
Other Long-Term Liabilities	1.45	1.45	1.08	1.24	1.1	1.03
Total Liabilities	140.47	157.95	151.61	210.31	213.75	219.28
Common Stock	151.5	151.5	145.2	145.2	145.2	145.2
Retained Earnings	-53.94	-52.98	-36.2	-13.23	-11.79	-7.22
Comprehensive Income & Other	-0.33	-0.42	0.53	1.68	-0.83	-1.66
Shareholders' Equity	97.23	98.1	109.53	133.66	132.58	136.32
Total Liabilities & Equity	237.69	256.05	261.14	343.96	346.34	355.6
Total Debt	134.7	149.23	143.74	195.11	200.01	207.66
Net Cash (Debt)	-128.68	-139.17	-136.94	-189.47	-183.91	-194.32
Net Cash Per Share	-0.90	-1.10	-1.14	-1.58	-1.54	-1.70
Filing Date Shares Outstanding	143.56	143.56	119.64	119.64	119.64	119.64
Total Common Shares Outstanding	143.56	143.56	119.64	119.64	119.64	119.64
Book Value Per Share	0.68	0.68	0.92	1.12	1.11	1.14
Tangible Book Value	97.23	98.09	109.52	133.65	132.58	136.32
Tangible Book Value Per Share	0.68	0.68	0.92	1.12	1.11	1.14

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