Phoenix Vega Mezz 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	7.77	8.22	14.36	13.15	8.47
Cash & Short-Term Investments	7.77	8.22	14.36	13.15	8.47
Cash Growth	-5.43%	-42.79%	9.23%	55.32%	-
Accounts Receivable	0	0.01	0.03	-	-
Other Receivables	0.27	0.27	0.36	0.79	-
Receivables	0.27	0.28	0.4	0.79	-
Total Current Assets	8.04	8.49	14.76	13.94	8.47
Long-Term Investments	64.79	82.92	32.92	40.56	59.64
Total Assets	72.83	91.42	47.69	54.49	68.11
Accounts Payable	0.02	0.03	0.05	0.04	0.04
Accrued Expenses	0.06	0.07	0.05	0.06	0.07
Current Income Taxes Payable	0.21	0.13	-	-	0.43
Other Current Liabilities	0.01	0	0	0	-
Total Current Liabilities	0.3	0.23	0.1	0.09	0.54
Total Liabilities	0.3	0.23	0.1	0.09	0.54
Common Stock	10.5	10.5	26.51	44.51	62.52
Retained Earnings	62.03	80.68	21.08	9.88	5.05
Shareholders' Equity	72.53	91.18	47.59	54.4	67.57
Total Liabilities & Equity	72.83	91.42	47.69	54.49	68.11
Net Cash (Debt)	7.77	8.22	14.36	13.15	8.47
Net Cash Growth	-5.43%	-42.79%	9.23%	55.32%	-
Net Cash Per Share	0.01	0.01	0.01	0.01	0.01
Filing Date Shares Outstanding	1,250	1,250	1,250	1,250	1,076
Total Common Shares Outstanding	1,250	1,250	1,250	1,250	1,076
Working Capital	7.74	8.26	14.66	13.84	7.93
Book Value Per Share	0.06	0.07	0.04	0.04	0.06
Tangible Book Value	72.53	91.18	47.59	54.4	67.57
Tangible Book Value Per Share	0.06	0.07	0.04	0.04	0.06

Source: S&P Capital IQ. Standard template. Financial Sources.