Raval ACS Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	25.24	32.5	30.78	30.92	45.79	54.62
Short-Term Investments	-	-	-	8.74	-	-
Trading Asset Securities	-	0.03	0.03	0.18	1.51	0.54
Cash & Short-Term Investments	25.24	32.52	30.81	39.84	47.3	55.16
Cash Growth	-0.58%	5.57%	-22.66%	-15.78%	-14.25%	140.38%
Accounts Receivable	42.67	43.64	37.56	46.83	42.56	50.03
Other Receivables	10.42	6.39	3.84	3.27	2.78	3.74
Receivables	53.09	50.04	41.41	50.1	45.33	53.77
Inventory	38.8	41.4	41.97	50.88	40.91	35.7
Prepaid Expenses	-	3.42	3.61	2.04	2.38	2.03
Other Current Assets	-	0.52	0.52	0.65	0.8	0.44
Total Current Assets	117.14	127.9	118.31	143.51	136.72	147.1
Property, Plant & Equipment	64.53	70.28	77.16	88.57	98.33	101.47
Long-Term Investments	5.23	-	0.02	0.28	0.77	0.55
Other Intangible Assets	15.74	0.89	1.03	1.26	1.55	1.82
Long-Term Deferred Tax Assets	2.47	2.58	2.15	2.48	3.18	3.12
Long-Term Deferred Charges	-	15.91	18.12	19.28	20.24	21.45
Other Long-Term Assets	2.46	0.82	0.88	0.94	0.9	0.75
Total Assets	207.57	218.38	217.66	256.31	261.68	276.27
Accounts Payable	19.69	17.03	20.37	25.27	22.92	26.52
Accrued Expenses	-	13.19	14.86	15.43	14.33	14.6
Short-Term Debt	40.73	39.38	27.15	41.76	42.59	41.65
Current Portion of Long-Term Debt	-	9.19	15.2	18.85	25.26	20.72
Current Portion of Leases	-	3.23	3.64	4.07	4.33	3.37
Current Income Taxes Payable	0.78	0.18	0.43	0.69	0.71	1.2
Current Unearned Revenue	-	0.99	1.1	3.73	2.18	1.55
Other Current Liabilities	16.52	0.52	0.64	1.94	0.76	0.61
Total Current Liabilities	77.72	83.7	83.39	111.74	113.07	110.22
Long-Term Debt	13.71	18.37	18.5	19.32	19.94	36.48
Long-Term Leases	15.85	15	16.43	19.5	18.45	18.56
Pension & Post-Retirement Benefits	1.39	1.36	1.33	1.2	1.11	1.04
Long-Term Deferred Tax Liabilities	1.94	1.67	1.64	1.61	2.09	1.98
Total Liabilities	110.61	120.08	121.3	153.37	154.66	168.27
Common Stock	1.66	1.66	1.66	1.66	1.66	1.64
Additional Paid-In Capital	38.93	38.85	38.81	38.81	38.81	38.56
Retained Earnings	56.26	56.7	57.66	62.57	65.26	73.11
Treasury Stock	-2.5	-2.5	-1.07	-	-	-
Comprehensive Income & Other	2.62	3.6	-0.7	-0.1	1.29	-5.31
Shareholders' Equity	96.96	98.3	96.36	102.94	107.02	108
Total Liabilities & Equity	207.57	218.38	217.66	256.31	261.68	276.27
Total Debt	70.29	85.16	80.92	103.5	110.55	120.78
Net Cash (Debt)	-45.05	-52.63	-50.11	-63.66	-63.25	-65.62
Net Cash Per Share	-0.55	-0.64	-0.59	-0.72	-0.74	-0.70
Filing Date Shares Outstanding	82.03	82.03	82.03	85.4	85.4	84.88
Total Common Shares Outstanding	82.03	82.03	83.84	85.4	85.4	84.88
Working Capital	39.42	44.2	34.92	31.77	23.65	36.89
Book Value Per Share	1.18	1.20	1.15	1.21	1.25	1.27
Tangible Book Value	81.23	97.41	95.33	101.68	105.47	106.18
Tangible Book Value Per Share	0.99	1.19	1.14	1.19	1.24	1.25
Buildings	-	8.15	8.01	8.04	7.9	7.64
Machinery	-	199.91	190.86	189.68	187.59	173.56
Leasehold Improvements	-	15.99	15.29	14.43	13.53	12.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.