ING-GRAD d.d. 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	Mar '25 Mar 31, 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	2.94	3.67	28.48	14.59	9.6	10.05
Short-Term Investments	64.14	10.79	3.03	-	-	-
Cash & Short-Term Investments	67.08	14.46	31.51	14.59	9.6	10.05
Cash Growth	598.44%	-54.12%	116.05%	51.87%	-4.41%	-
Accounts Receivable	47.07	39.6	6.17	16.14	15.43	10.42
Other Receivables	7.56	0.37	0.43	0.25	1.64	0.95
Receivables	55.24	40.75	7.96	17.27	20.06	15.05
Inventory	1.28	1.59	3.7	3.29	1.47	1.39
Prepaid Expenses	1.88	2.55	3.12	0.91	1.78	0.43
Other Current Assets	-	5.97	4.15	2.73	6.07	0.63
Total Current Assets	125.47	65.31	50.44	38.79	38.98	27.54
Property, Plant & Equipment	4.84	4.55	5.36	2.69	1.67	1.1
Long-Term Investments	0.02	0.02	0.02	0	0.28	-
Goodwill	-	0.12	0.12	0.12	0.24	0.24
Other Intangible Assets	0.01	0.01	0	1.15	0.96	0.76
Long-Term Deferred Tax Assets	0.04	0.04	0.09	0.09	0.09	0.09
Other Long-Term Assets	-	-	-	0	0	0
Total Assets	130.38	70.05	56.04	42.84	42.22	29.72
Accounts Payable	24.9	18.72	9.13	11.07	7.01	5.18
Accrued Expenses	12.67	2.64	1.17	0.74	0.53	0.67
Short-Term Debt	0.07	8.28	0.08	0.14	1.45	2.85
Current Portion of Long-Term Debt	0.56	0.44	0.67	-	-	-
Current Portion of Leases	-	-	-	0.66	0.45	0.32
Current Income Taxes Payable	5.42	1.64	1.59	0.86	0.09	1.41
Current Unearned Revenue	-	12.26	8.99	-	-	-
Other Current Liabilities	3.39	2.17	2.21	2.18	7.73	0.35
Total Current Liabilities	47.03	46.14	23.84	15.65	17.27	10.78
Long-Term Leases	-	1.07	1.38	1.56	0.93	0.85
Long-Term Unearned Revenue	-	-	-	3.23	3.97	3.07
Other Long-Term Liabilities	0.46	1.81	1.88	0.09	0.17	0.62
Total Liabilities	48.88	49.02	27.1	20.76	22.33	15.32
Common Stock	3.99	3.99	3.99	3.98	3.99	3.98
Retained Earnings	46.4	40.06	24.95	18.1	15.89	10.43
Treasury Stock	-2.66	-23.02	-	-	-	-
Shareholders' Equity	81.5	21.03	28.94	22.09	19.89	14.4
Total Liabilities & Equity	130.38	70.05	56.04	42.84	42.22	29.72
Total Debt	2.02	9.78	2.13	2.36	2.83	4.02
Net Cash (Debt)	65.05	4.68	29.39	12.22	6.78	6.03
Net Cash Growth	860.02%	-84.09%	140.41%	80.38%	12.36%	-
Net Cash Per Share	-	1.78	-	-	-	-
Filing Date Shares Outstanding	-	2.63	-	-	-	-
Total Common Shares Outstanding	-	2.63	-	-	-	-
Working Capital	78.45	19.16	26.61	23.14	21.71	16.76
Book Value Per Share	-	7.99	-	-	-	-
Tangible Book Value	81.49	20.9	28.82	20.81	18.69	13.41
Tangible Book Value Per Share	-	7.94	-	-	-	-
Land	-	0.02	0.02	0.02	0.02	0.02
Buildings	-	1.05	1.91	0.02	0.02	0.02
Machinery	-	11.27	10.58	7.8	6.2	5.57
Construction In Progress	-	0	0.04	0	0	-

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