EXMAR report 2025

5.2 Consolidated financial statements 216 Note 14 - Other property, plant and equipment (IN THOUSANDS OF USD) LAND AND BUILDINGS MACHINERY AND EQUIPMENT FURNITURE AND MOVABLES TOTAL COST Balance as per January 1, 2024 11,982 8,190 3,632 23,804 Changes during the financial year Acquisitions 149 158 919 1,226 Transfers 426 -659 190 -43 Disposals 0 0 -159 -159 Out of consolidation Scope -8,682 -6,330 -191 -15,203 Exchange differences -223 -20 -72 -314 Balance as per December 31, 2024 3,653 1,339 4,319 9,311 Balance as per January 1, 2025 3,653 1,339 4,319 9,311 Changes during the financial year Acquisitions 0 159 927 1,085 Transfers 0 -32 -33 -65 Disposals 0 -4 -822 -826 Out of consolidation Scope 0 0 -52 -52 Exchange differences 479 16 133 627 Balance as per December 31, 2025 4,131 1,477 4,471 10,080 DEPRECIATIONS AND IMPAIRMENT LOSSES Balance as per January 1, 2024 3,600 1,594 2,640 7,834 Changes during the financial year Depreciations 135 407 242 784 Transfers 0 -41 28 -14 Disposals  0 0 -45 -45 Out of consolidation Scope -397 -852 -73 -1,322 Exchange differences -197 -6 -59 -262 Balance as per December 31, 2024 3,140 1,102 2,733 6,975 Balance as per January 1, 2025 3,140 1,102 2,733 6,975 Changes during the financial year Depreciations 30 111 464 605 Transfers 0 0 0 0 Disposals  0 -4 -822 -826 Out of consolidation Scope 0 0 -52 -52 Exchange differences 413 14 106 533 Balance as per December 31, 2025 3,583 1,223 2,428 7,234 NET BOOK VALUE Net book value as per December 31, 2024 512 238 1,586 2,336 Balance as per December 31, 2025 548 254 2,043 2,846 The main event in 2024 impacting the net book value of other property plant and equipment with USD 13.9 million is the sale of Bexco with effective date April 30, 2024. In 2025 acquisitions count for USD 1.1 million and relate mainly to furniture.