Aperam Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	237	325	216	443	457	524
Cash & Short-Term Investments	237	325	216	443	457	524
Cash Growth	28.11%	50.46%	-51.24%	-3.06%	-12.79%	46.37%
Accounts Receivable	-	435	384	429	454	556
Other Receivables	-	11	18	9	13	5
Receivables	-	446	402	438	467	561
Inventory	1,577	2,028	2,159	2,281	2,592	2,332
Prepaid Expenses	201	17	15	22	14	9
Restricted Cash	-	-	-	3	-	-
Other Current Assets	-	152	124	112	140	80
Total Current Assets	2,015	2,968	2,916	3,299	3,670	3,506
Property, Plant & Equipment	2,246	2,144	1,957	2,003	1,859	1,695
Long-Term Investments	3	4	4	8	3	4
Goodwill	-	464	412	434	429	414
Other Intangible Assets	513	41	15	18	22	25
Long-Term Deferred Tax Assets	382	408	351	213	101	135
Other Long-Term Assets	103	176	227	239	173	132
Total Assets	5,262	6,205	5,882	6,214	6,257	5,911
Accounts Payable	-	849	832	930	1,175	1,200
Accrued Expenses	448	209	207	181	203	209
Short-Term Debt	188	66	168	274	143	240
Current Portion of Long-Term Debt	-	143	57	70	102	18
Current Portion of Leases	-	24	19	16	13	13
Current Income Taxes Payable	-	7	10	16	21	34
Current Unearned Revenue	-	14	11	15	11	7
Other Current Liabilities	-	333	403	349	191	132
Total Current Liabilities	636	1,645	1,707	1,851	1,859	1,853
Long-Term Debt	1,106	973	434	490	583	632
Long-Term Leases	-	97	82	84	84	87
Pension & Post-Retirement Benefits	134	135	147	153	136	186
Long-Term Deferred Tax Liabilities	62	75	80	115	131	132
Other Long-Term Liabilities	71	70	66	71	72	68
Total Liabilities	2,009	2,995	2,516	2,764	2,865	2,958
Common Stock	3,238	383	383	409	419	419
Additional Paid-In Capital	-	872	870	1,005	1,095	1,097
Retained Earnings	-	2,783	2,914	2,821	2,742	2,253
Treasury Stock	-	-28	-30	-194	-296	-106
Comprehensive Income & Other	-	-815	-783	-599	-575	-718
Total Common Equity	3,238	3,195	3,354	3,442	3,385	2,945
Minority Interest	15	15	12	8	7	8
Shareholders' Equity	3,253	3,210	3,366	3,450	3,392	2,953
Total Liabilities & Equity	5,262	6,205	5,882	6,214	6,257	5,911
Total Debt	1,294	1,303	760	934	925	990
Net Cash (Debt)	-1,057	-978	-544	-491	-468	-466
Net Cash Per Share	-14.45	-13.38	-7.47	-6.75	-6.21	-5.86
Filing Date Shares Outstanding	72.34	72.34	72.29	72.25	72.18	77.9
Total Common Shares Outstanding	72.34	72.34	72.29	72.25	72.18	77.9
Working Capital	1,379	1,323	1,209	1,448	1,811	1,653
Book Value Per Share	44.76	44.17	46.40	47.64	46.89	37.80
Tangible Book Value	2,725	2,690	2,927	2,990	2,934	2,506
Tangible Book Value Per Share	37.67	37.18	40.49	41.38	40.65	32.17
Land	-	861	810	778	756	742
Machinery	-	3,114	2,833	2,693	2,487	2,387
Construction In Progress	-	145	172	348	286	118

Source: S&P Global Market Intelligence. Standard template. Financial Sources.