Vertical Aerospace Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	48.68	48.68	62.93	212.66	0.84	1.03
Short-Term Investments	-	-	59.89	-	-	-
Cash & Short-Term Investments	48.68	48.68	122.81	212.66	0.84	1.03
Cash Growth	-60.36%	-60.36%	-42.25%	25246.84%	-18.46%	-
Receivables	21.35	21.35	11.7	6.09	2.8	1.14
Prepaid Expenses	5.06	5.06	7.17	6.57	0.73	0.33
Restricted Cash	1.7	1.7	1.7	-	-	-
Total Current Assets	76.79	76.79	143.38	225.32	4.37	2.5
Property, Plant & Equipment	6.27	6.27	5.81	3.8	2.48	2.75
Goodwill	-	-	-	1.47	1.47	1.47
Other Intangible Assets	1.02	1.02	2.05	2.74	0.56	0.59
Total Assets	84.09	84.09	151.24	233.33	8.89	7.31
Accounts Payable	3.73	3.73	4.45	6.72	0.85	0.7
Accrued Expenses	13.14	13.14	11.58	33.51	1.56	0.36
Short-Term Debt	-	-	-	-	6.31	-
Current Portion of Leases	0.64	0.64	0.52	0.36	0.18	0.22
Current Income Taxes Payable	-	-	-	-	0	-
Other Current Liabilities	0.91	0.91	4.96	10.73	-	0.31
Total Current Liabilities	18.42	18.42	21.51	51.32	8.89	1.59
Long-Term Debt	109.29	109.29	115.25	112.8	-	-
Long-Term Leases	1.98	1.98	2.65	1.58	0.85	0.95
Other Long-Term Liabilities	4.18	4.18	4.52	6.07	0.09	0.61
Total Liabilities	133.86	133.86	143.92	171.77	9.82	3.14
Common Stock	0.02	0.02	0.02	0.02	-	4.16
Additional Paid-In Capital	257.7	257.7	257.2	248.35	-	-
Retained Earnings	-394.26	-394.26	-344.75	-250.12	-5.06	-
Comprensive Income & Other	86.76	86.76	94.86	63.31	4.12	-
Shareholders' Equity	-49.78	-49.78	7.32	61.56	-0.94	4.16
Total Liabilities & Equity	84.09	84.09	151.24	233.33	8.89	7.31
Total Debt	111.91	111.91	118.41	114.74	7.33	1.17
Net Cash (Debt)	-63.23	-63.23	4.41	97.92	-6.49	-0.14
Net Cash Growth	-	-	-95.50%	-	-	-
Net Cash Per Share	-0.33	-0.33	0.02	0.79	-0.06	-0.00
Filing Date Shares Outstanding	221.25	221.25	214.21	209.14	0.1	99.9
Total Common Shares Outstanding	221.25	221.25	214.21	209.14	0.1	99.9
Working Capital	58.38	58.38	121.87	174	-4.52	0.91
Book Value Per Share	-0.22	-0.22	0.03	0.29	-8.95	41.62
Tangible Book Value	-50.8	-50.8	5.27	57.35	-2.97	2.1
Tangible Book Value Per Share	-0.23	-0.23	0.02	0.27	-28.31	21.02
Machinery	1.72	1.72	1.24	1.07	0.44	0.3
Construction In Progress	0.61	0.61	-	-	-	-
Leasehold Improvements	3.35	3.35	2.72	1.53	1.37	1.35

Source: S&P Capital IQ. Standard template.