AS Tallinna Vesi 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	15	11.29	3.59	14.74	12.65	36.56
Accounts Receivable	11.36	8.43	9.34	7.68	7.85	5.81
Other Receivables	-	0.59	0.27	0.55	0.8	0.52
Inventory	1.1	1.16	1.18	1.14	1.2	0.7
Prepaid Expenses	-	1.75	1.13	0.38	0.34	0.31
Total Current Assets	27.46	23.22	15.52	24.48	22.84	43.9
Property, Plant & Equipment	334.65	338.65	296.26	256.11	229.87	211.55
Other Intangible Assets	3.28	2.7	2.06	1.29	0.69	0.73
Total Assets	365.39	364.57	313.84	281.88	253.39	256.17
Accounts Payable	13.82	2.76	2.6	2.28	3.57	2.88
Accrued Expenses	-	5.72	5.13	3.84	2.85	2.7
Current Portion of Long-Term Debt	3.74	3.74	3.44	3.59	3.63	3.63
Current Unearned Revenue	2.2	2.78	2.65	3.6	3.75	3.6
Current Portion of Leases	0.74	0.77	0.88	0.7	0.88	0.42
Current Income Taxes Payable	-	0.38	0.39	0.32	0.27	0.22
Other Current Liabilities	-	8.74	5.47	4.44	3.54	2.04
Total Current Liabilities	20.5	24.89	20.54	18.78	18.49	15.49
Long-Term Debt	155.43	155.39	114.24	92.84	76.71	80.34
Long-Term Leases	1.36	1.5	2.18	1.89	1.61	1.24
Long-Term Unearned Revenue	53.21	52.11	50.11	44.65	39.15	37.24
Long-Term Deferred Tax Liabilities	0.74	0.7	0.49	0.51	0.5	0.37
Other Long-Term Liabilities	6.09	6.18	6.13	6.15	6.12	6.08
Total Liabilities	237.32	240.78	193.69	164.81	142.57	140.75
Common Stock	12	12	12	12	12	12
Additional Paid-In Capital	24.73	24.73	24.73	24.73	24.73	24.73
Retained Earnings	91.34	87.06	83.42	80.34	74.09	78.69
Shareholders' Equity	128.07	123.8	120.15	117.07	110.83	115.42
Total Liabilities & Equity	365.39	364.57	313.84	281.88	253.39	256.17
Total Debt	161.26	161.4	120.74	99.02	82.83	85.62
Net Cash (Debt)	-146.26	-150.11	-117.15	-84.28	-70.18	-49.06
Net Cash Per Share	-7.30	-7.51	-5.86	-4.21	-3.51	-2.45
Filing Date Shares Outstanding	20.37	20	20	20	20	20
Total Common Shares Outstanding	20.37	20	20	20	20	20
Working Capital	6.96	-1.67	-5.03	5.7	4.35	28.41
Book Value Per Share	6.29	6.19	6.01	5.85	5.54	5.77
Tangible Book Value	124.79	121.1	118.09	115.78	110.14	114.69
Tangible Book Value Per Share	6.13	6.05	5.90	5.79	5.51	5.73
Land	-	28.92	28.25	28.12	27.62	27.03
Machinery	-	73.98	64.72	57.45	54.53	50.82
Construction In Progress	-	30.16	17.58	9.03	6.15	12.05

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