Financial ReportConsolidated financial statementsConsolidated statement of financial position

Consolidated statement of financial position

As at 31 December

Assets, kEUR	Note	2025	2024

Non-current assets
Intangible assets	8	13,908	15,018
Property, plant and equipment	9	437,249	364,541
Right-of-use assets	10	21,545	24,448
Deferred income tax assets	5	19,306	17,620
Other financial assets	24	7,512	5,164
Contract costs	3	1,563	1,563
Total non-current assets		501,083	428,354

Current assets
Inventories	12	154,246	146,351
Trade receivables	13	60,864	82,499
Contract assets	3	3,441	3,761
Corporate income tax receivables		9,938	8,023
Other current assets	14	21,798	19,311
Cash and cash equivalents	15	74,589	68,277
Total current assets		324,876	328,222

Total assets		825,959	756,576

Consolidated statement of financial position (continued)

As at 31 December

Equity and liabilities, kEUR	Note	2025	2024

Equity attributable to equity holders of the parent company
Share capital	6	302	302
Share premium		203,129	203,129
Translation reserve		20,976	21,309
Treasury shares	6	-6,466	-8,398
Other capital reserves		31	425
Retained earnings		122,626	140,477
Total equity		340,598	357,244

Non-current liabilities
Deferred income tax liabilities	5	3,894	3,205
Pensions	16	29,849	32,133
Provisions	17	2,785	1,942
Interest-bearing loans and borrowings	19	109,034	39,420
Lease liabilities	10	15,979	18,982
Other financial liabilities	18	9,435	9,508
Contract liabilities	3	127,852	99,639
Total non-current liabilities		298,828	204,829

Current liabilities
Interest-bearing loans and borrowings	19	544	30,642
Lease liabilities	10	5,008	5,073
Other financial liabilities	18	1,361	1,266
Corporate income tax payable		1,580	356
Trade payables	20	74,308	73,256
Contract liabilities	3	74,171	60,475
Other current liabilities	20	29,561	23,435
Total current liabilities		186,533	194,503

Total liabilities		485,361	399,332

Total equity and liabilities		825,959	756,576