Jadranski naftovod d.d. 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	38.12	88.69	88.54	124.29	87.39	74.89
Short-Term Investments	-	-	63.8	30	27.97	5.3
Cash & Short-Term Investments	38.12	88.69	152.34	154.29	115.36	80.19
Cash Growth	-64.26%	-41.78%	-1.27%	33.75%	43.85%	66.85%
Accounts Receivable	18.21	24.94	26.07	24.72	20.91	10.57
Other Receivables	5.94	5.7	4.94	1.66	0.44	0.2
Receivables	168.29	107.34	31	26.38	21.35	10.77
Inventory	7.47	7.33	6.79	3.28	2.95	2.82
Prepaid Expenses	-	-	0.4	0.32	0.26	-
Other Current Assets	0	0	-	-	-	-
Total Current Assets	213.89	203.37	190.53	184.26	139.92	93.78
Property, Plant & Equipment	481.94	485.31	495.68	493.63	509.5	527.34
Long-Term Investments	2.52	2.52	38.24	35	16.64	6.65
Goodwill	8.02	7.91	4.09	-	-	-
Other Intangible Assets	13.62	14	13.12	15.34	20.41	23.87
Long-Term Deferred Tax Assets	4.2	4.2	4.1	3.6	0.6	0.64
Other Long-Term Assets	7.47	1.15	1.04	1.05	1.74	0.42
Total Assets	761.65	748.44	746.8	732.89	688.79	652.7
Accounts Payable	3.79	3.87	5.35	6.26	7	3.67
Accrued Expenses	3.71	3.64	3.01	2.61	0.79	0.66
Current Portion of Long-Term Debt	0.53	0.67	0.37	-	-	-
Current Portion of Leases	-	-	0.25	0.24	0.26	0.26
Current Income Taxes Payable	0.82	0.89	1.95	7.25	2.62	0.97
Other Current Liabilities	0.46	0.42	0.23	0.12	1.83	0.48
Total Current Liabilities	9.3	9.5	11.17	16.48	12.5	6.05
Long-Term Debt	13.45	13	13.88	11.56	11.98	11.29
Long-Term Leases	-	-	0.52	0.43	0.3	0.51
Pension & Post-Retirement Benefits	1.2	1.2	0.71	0.6	0.63	2.27
Other Long-Term Liabilities	1.21	1.21	1.43	1.91	1.84	0.42
Total Liabilities	25.16	24.9	27.7	30.98	27.25	20.54
Common Stock	391.98	391.98	391.98	391.98	391.86	392.85
Additional Paid-In Capital	0.01	0.01	0.01	0.01	0.01	0.01
Retained Earnings	204.73	191.78	187.35	170.16	149.27	135.4
Comprehensive Income & Other	139.77	139.77	139.77	139.77	120.41	103.89
Shareholders' Equity	736.49	723.54	719.1	701.91	661.55	632.16
Total Liabilities & Equity	761.65	748.44	746.8	732.89	688.79	652.7
Total Debt	13.98	13.67	15.02	12.23	12.54	12.07
Net Cash (Debt)	24.14	75.03	137.31	142.06	102.82	68.13
Net Cash Growth	-73.80%	-45.36%	-3.34%	38.16%	50.93%	85.04%
Net Cash Per Share	-	75.27	136.27	140.98	102.04	67.61
Filing Date Shares Outstanding	-	1.01	1.01	1.01	1.01	1.01
Total Common Shares Outstanding	-	1.01	1.01	1.01	1.01	1.01
Working Capital	204.58	193.86	179.37	167.78	127.41	87.74
Book Value Per Share	-	718.04	713.64	696.58	656.52	627.35
Tangible Book Value	714.85	701.63	701.89	686.57	641.13	608.29
Tangible Book Value Per Share	-	696.30	696.56	681.35	636.26	603.67
Land	-	-	50.64	50.16	50.16	50.28
Buildings	-	-	942.43	938.64	935.26	932.13
Machinery	-	-	298.85	291.2	294.32	294.15
Construction In Progress	-	-	37.16	23.48	18.61	15.4

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