Balance Sheet

Current Liabilities	46m
Accounts Payable	8.2m
Accrued Liabilities	3.3m
Short-Term Debt	462k
Other Current Liabilities	33.9m
Non-Current Liabilities	48.6m
Long-Term Debt	35.4m
Other Non-Current Liabilities	13.2m

Currency: CHF

	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	1	2	2	116	100	83	83	21	25
Cash Equivalents	1	2	2	116	100	83	83	21	25
Total Receivables	13	18	23	25	30	27	36	45	46
Accounts Receivables	12	15	19	21	26	24	32	40	40
Other Receivables	1	3	4	4	4	3	4	5	6
Inventory	27	29	35	38	47	50	54	70	68
Other Current Assets	1	2	2	3	4	1	2	2	2
Total Current Assets	42	51	62	183	181	161	175	138	141
PP&E Net	31	31	33	37	68	70	65	79	80
PP&E Gross	31	31	33	37	68	70	65	79	80
Accumulated Depreciation	40	45	50	56	58	65	72	79	87
Intangible Assets	1	1	5	6	9	9	9	31	29
Goodwill	0	0	4	3	3	3	3	39	35
Long-Term Investments	0	2	1	1	1	11	17	15	34
Other Long-Term Assets	31	31	26	26	26	30	30	25	29
Other Assets	0	0	4	3	3	3	3	39	35
Total Assets	105 N/A	115 +10%	130 +13%	256 +96%	289 +13%	283 -2%	298 +5%	328 +10%	350 +7%
Liabilities
Accounts Payable	4	6	7	7	11	6	8	10	8
Accrued Liabilities	2	2	1	2	2	7	14	9	3
Short-Term Debt	0	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	4	3	12	2	4	5	5	5	15
Other Current Liabilities	4	8	11	10	13	8	8	15	19
Total Current Liabilities	15	18	31	20	30	26	35	40	46
Long-Term Debt	76	62	62	2	23	23	19	46	35
Deferred Income Tax	3	3	4	0	0	0	0	0	0
Other Liabilities	57	15	16	16	20	21	20	4	13
Total Liabilities	150 N/A	98 -35%	113 +16%	38 -67%	73 +94%	70 -4%	74 +6%	90 +21%	95 +5%
Equity
Common Stock	1	1	1	2	2	2	2	2	2
Retained Earnings	48	13	13	213	210	209	220	235	258
Other Equity	2	3	3	3	3	2	2	1	5
Total Equity	45 N/A	17 N/A	17 0%	218 +1 181%	216 -1%	213 -1%	224 +5%	238 +6%	255 +7%
Total Liabilities & Equity	105 N/A	115 +10%	130 +13%	256 +96%	289 +13%	283 -2%	298 +5%	328 +10%	350 +7%
Shares Outstanding
Common Shares Outstanding	12	12	12	12	12	12	12	12	12

Medartis Holding AG
SIX:MED