Ipsen 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	1,526	678.1	528.4	1,169	814.7
Short-Term Investments	1	1.1	-	-	-
Cash & Short-Term Investments	1,527	679.2	528.4	1,169	814.7
Cash Growth	124.75%	28.54%	-54.81%	43.53%	21.72%
Accounts Receivable	786.8	697.2	631.3	632.5	564.3
Other Receivables	117	141.1	179.5	110.5	200.2
Receivables	903.8	838.3	810.8	743	764.5
Inventory	240.9	285.5	289.5	284.1	219.4
Prepaid Expenses	90.3	117.8	106	77.5	68
Other Current Assets	62.6	100.4	163.7	123.7	87.2
Total Current Assets	2,824	2,021	1,898	2,398	1,954
Property, Plant & Equipment	668	664.2	574.6	581.4	647.5
Long-Term Investments	171.3	175.4	131.7	136.3	133.2
Goodwill	633.8	699.5	663.9	579.9	623.2
Other Intangible Assets	2,288	2,518	2,679	1,585	1,370
Long-Term Deferred Tax Assets	298	284.7	324.8	327.8	258.7
Long-Term Deferred Charges	25.5	45.2	-	-	-
Other Long-Term Assets	28.9	30.5	50.7	6.2	4.1
Total Assets	6,938	6,439	6,323	5,615	4,991
Accounts Payable	854.2	854.8	771.4	647.1	594.7
Accrued Expenses	282.1	278.8	278.4	249.3	254.2
Short-Term Debt	4	0.6	9	3.8	5.5
Current Portion of Long-Term Debt	101	85.7	85.1	73.1	88.4
Current Portion of Leases	31.3	36.6	27.4	27.7	29.8
Current Income Taxes Payable	14.3	24.9	41.4	11.8	10
Current Unearned Revenue	5.4	5.6	5.7	5.2	6
Other Current Liabilities	147.6	218.4	408.4	317.4	239.8
Total Current Liabilities	1,440	1,505	1,627	1,335	1,228
Long-Term Debt	750.5	290.6	274	585	567.9
Long-Term Leases	83.6	102.1	67.4	82	95
Long-Term Unearned Revenue	33.5	36.8	37.7	40.6	45.8
Pension & Post-Retirement Benefits	26	24.2	24.4	18.7	40.7
Long-Term Deferred Tax Liabilities	52.7	55.2	226.4	77.9	101.8
Other Long-Term Liabilities	214.8	242.9	242.4	131.6	173.2
Total Liabilities	2,601	2,257	2,499	2,271	2,253
Common Stock	83.8	83.8	83.8	83.8	83.8
Additional Paid-In Capital	122.3	122.3	122.3	122.3	122.3
Retained Earnings	443.5	345.9	644.4	648.6	646.6
Treasury Stock	-158.1	-114.1	-107.5	-107.2	-123.1
Comprehensive Income & Other	3,844	3,744	3,082	2,597	2,006
Total Common Equity	4,336	4,182	3,825	3,344	2,735
Minority Interest	0.9	0.2	-1.3	-0.6	2.5
Shareholders' Equity	4,337	4,182	3,824	3,343	2,738
Total Liabilities & Equity	6,938	6,439	6,323	5,615	4,991
Total Debt	970.4	515.6	462.9	771.6	786.6
Net Cash (Debt)	556.1	163.6	65.5	397.7	28.1
Net Cash Growth	239.91%	149.77%	-83.53%	1315.30%	-
Net Cash Per Share	6.67	1.96	0.79	4.79	0.34
Filing Date Shares Outstanding	82.63	82.67	82.72	82.65	82.55
Total Common Shares Outstanding	82.63	82.67	82.72	82.64	82.5
Working Capital	1,384	515.8	271.6	1,062	725.4
Book Value Per Share	52.47	50.58	46.24	40.47	33.16
Tangible Book Value	1,414	963.8	482.4	1,179	742
Tangible Book Value Per Share	17.11	11.66	5.83	14.26	8.99
Land	18	17.9	17	16.8	22.1
Buildings	493.7	563	512.1	464.7	596.9
Machinery	324.6	299.4	282.3	295.3	412.3
Construction In Progress	246.3	225.6	165.7	146.7	106.7

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