Pantheon Infrastructure Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	5	23.78	29.36	182.94
Cash & Short-Term Investments	5	23.78	29.36	182.94
Cash Growth	-78.99%	-19.02%	-83.95%	-
Other Receivables	0.23	0.89	0.7	0.49
Receivables	0.23	0.89	0.7	0.49
Prepaid Expenses	0.08	0.06	0.12	0.47
Other Current Assets	3.02	4.69	4.45	-
Total Current Assets	8.33	29.42	34.63	183.9
Long-Term Investments	607.75	531.68	471.67	301.38
Other Long-Term Assets	1.32	0.28	0.61	0.74
Total Assets	617.41	561.38	506.9	486.02
Accrued Expenses	1.55	1.45	1.33	1.2
Other Current Liabilities	3.58	6.05	0.98	3.52
Total Current Liabilities	5.12	7.5	2.31	4.72
Other Long-Term Liabilities	1	0.39	0.56	6.54
Total Liabilities	6.12	7.88	2.87	11.26
Common Stock	4.8	4.8	4.8	4.8
Additional Paid-In Capital	79.26	79.26	79.26	79.45
Retained Earnings	194.6	119.88	57.61	-2.49
Comprehensive Income & Other	332.62	349.55	362.36	393.01
Shareholders' Equity	611.29	553.49	504.03	474.76
Total Liabilities & Equity	617.41	561.38	506.9	486.02
Net Cash (Debt)	5	23.78	29.36	182.94
Net Cash Growth	-78.99%	-19.02%	-83.95%	-
Net Cash Per Share	0.01	0.05	0.06	0.43
Filing Date Shares Outstanding	468.63	468.63	469.55	480
Total Common Shares Outstanding	468.63	468.63	472.62	480
Working Capital	3.21	21.92	32.32	179.18
Book Value Per Share	1.30	1.18	1.07	0.99
Tangible Book Value	611.29	553.49	504.03	474.76
Tangible Book Value Per Share	1.30	1.18	1.07	0.99

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