ALPHA ADRIATIC 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	0.26	0.29	2.98	3.52	5.13	3.66
Cash & Short-Term Investments	0.26	0.29	2.98	3.52	5.13	3.66
Cash Growth	-88.31%	-90.21%	-15.21%	-31.37%	40.04%	62.58%
Accounts Receivable	0.54	0.52	0.64	0.45	0.74	0.6
Other Receivables	1.44	2.11	0.46	0.33	0.34	2.1
Receivables	2.19	2.84	2.71	1.1	1.45	3.18
Inventory	0.37	0.26	0.3	0.24	0.8	0.18
Prepaid Expenses	-	-	0.82	0.27	0.37	-
Other Current Assets	-	-	2.91	1.59	2.11	-
Total Current Assets	2.82	3.39	9.73	6.73	9.85	7.02
Property, Plant & Equipment	51.77	51.48	63.59	48.55	53.05	49.5
Long-Term Investments	0.49	0.48	0.48	1.62	3.97	1.74
Goodwill	0.51	0.49	0.56	-	-	-
Other Intangible Assets	0.07	0.08	0	0	0	-
Long-Term Deferred Charges	-	-	0.01	0.02	0.03	-
Other Long-Term Assets	3.89	3.64	0.24	0.23	0.24	0.02
Total Assets	60.99	61	76.12	59.58	69.11	60.34
Accounts Payable	5.38	5	2.9	1.73	2.69	2.41
Accrued Expenses	2.07	1.89	5.34	4.23	3.13	2.17
Short-Term Debt	-	-	0.23	0.26	0.36	0.99
Current Portion of Long-Term Debt	49.79	49.51	16.58	15.67	15.78	14.61
Current Portion of Leases	-	-	0.02	0.04	0.02	0.02
Current Income Taxes Payable	0.01	0	0	0	0	0
Current Unearned Revenue	-	-	1.7	2	1.38	1.5
Other Current Liabilities	7.37	7.41	0.4	0.16	2.26	0.93
Total Current Liabilities	64.62	63.82	27.18	24.08	25.62	22.64
Long-Term Debt	11.05	11.06	51.33	43.56	49.14	50.53
Long-Term Leases	-	-	0.05	0.04	0.03	0.06
Pension & Post-Retirement Benefits	0.02	0.02	0.04	0.04	0.04	0.04
Other Long-Term Liabilities	0.02	0.02	-	-	-	-
Total Liabilities	75.7	74.92	78.6	67.71	74.84	73.27
Common Stock	31.82	31.82	31.82	31.82	31.82	31.9
Retained Earnings	-54.56	-49.46	-68.67	-70.52	-68.84	-76.48
Treasury Stock	-1.47	-1.47	-1.47	-1.47	-1.47	-1.47
Comprehensive Income & Other	9.3	5.01	9.68	9.98	9.7	10.73
Total Common Equity	-14.9	-14.11	-28.63	-30.19	-28.8	-35.32
Minority Interest	-	-	25.96	21.87	22.88	22.2
Shareholders' Equity	-14.71	-13.92	-2.48	-8.14	-5.73	-12.93
Total Liabilities & Equity	60.99	61	76.12	59.58	69.11	60.34
Total Debt	60.83	60.57	68.22	59.56	65.33	66.21
Net Cash (Debt)	-60.57	-60.28	-65.23	-56.04	-60.21	-62.55
Net Cash Per Share	-	-110.15	-119.20	-102.41	-110.02	-114.30
Filing Date Shares Outstanding	-	0.55	0.55	0.55	0.55	0.55
Total Common Shares Outstanding	-	0.55	0.55	0.55	0.55	0.55
Working Capital	-61.79	-60.43	-17.45	-17.35	-15.77	-15.61
Book Value Per Share	-	-25.78	-52.32	-55.17	-52.62	-64.55
Tangible Book Value	-15.48	-14.69	-29.19	-30.2	-28.8	-35.32
Tangible Book Value Per Share	-	-26.84	-53.34	-55.18	-52.63	-64.55
Land	-	-	0.39	0.39	0.39	0.4
Buildings	-	-	0.67	0.67	0.67	0.67
Machinery	-	-	108.58	95.99	89.99	90
Construction In Progress	-	-	0.34	-	-	-

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