Karelia Tobacco Company Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	290.98	300.1	211.78	321.86	366.3
Short-Term Investments	315.9	295.02	289.94	122.44	16.91
Trading Asset Securities	32.02	48.21	66.48	68.59	62.62
Cash & Short-Term Investments	638.9	643.33	568.2	512.88	445.82
Cash Growth	-0.69%	13.22%	10.79%	15.04%	3.02%
Accounts Receivable	17.69	14.34	16.23	14.12	12.42
Other Receivables	16.47	5.09	9.67	7.28	6.05
Receivables	34.16	19.43	25.9	21.4	18.47
Inventory	89.46	77.35	70.53	63.58	77.98
Prepaid Expenses	0.48	0.52	0.41	0.25	0.16
Restricted Cash	-	0.76	-	-	-
Other Current Assets	1.09	1.67	0.12	0.07	0.04
Total Current Assets	764.08	743.07	665.16	598.17	542.46
Property, Plant & Equipment	59.97	59.17	68.16	69.88	76.3
Long-Term Investments	206.94	150.69	129.15	129.79	91.01
Other Intangible Assets	0.11	0.07	0.14	0.29	0.46
Other Long-Term Assets	0.17	0.11	0.09	0.07	0.04
Total Assets	1,031	953.11	862.7	798.21	710.27
Accounts Payable	32.22	39.6	34.95	25.34	19.87
Accrued Expenses	114.12	91.94	89.77	84.3	61.39
Current Portion of Leases	0.72	0.48	0.49	0.19	0.19
Current Income Taxes Payable	16.54	15.67	11.26	15.72	11.13
Other Current Liabilities	6.98	5.88	6.07	5.64	4.39
Total Current Liabilities	170.58	153.57	142.54	131.19	96.96
Long-Term Leases	1.02	0.8	1.02	0.26	0.31
Pension & Post-Retirement Benefits	2.53	2.3	2.21	2.09	2.23
Long-Term Deferred Tax Liabilities	0.66	4.2	3.52	5.46	6.62
Other Long-Term Liabilities	-	-	-	0.1	-
Total Liabilities	174.79	160.87	149.29	139.09	106.12
Common Stock	32.65	32.65	32.65	32.65	32.65
Additional Paid-In Capital	0.03	0.03	0.03	0.03	0.03
Retained Earnings	824.52	760.28	681.36	626.98	572.25
Comprehensive Income & Other	-0.75	-0.74	-0.62	-0.53	-0.78
Total Common Equity	856.46	792.23	713.43	659.13	604.16
Minority Interest	0.02	0.02	-0.02	-0.02	-0.01
Shareholders' Equity	856.48	792.25	713.41	659.12	604.14
Total Liabilities & Equity	1,031	953.11	862.7	798.21	710.27
Total Debt	1.73	1.28	1.51	0.45	0.5
Net Cash (Debt)	637.17	642.05	566.69	512.43	445.32
Net Cash Growth	-0.76%	13.30%	10.59%	15.07%	3.07%
Net Cash Per Share	230.86	232.63	205.32	185.66	161.35
Filing Date Shares Outstanding	2.76	2.76	2.76	2.76	2.76
Total Common Shares Outstanding	2.76	2.76	2.76	2.76	2.76
Working Capital	593.5	589.5	522.62	466.99	445.5
Book Value Per Share	310.31	287.04	258.49	238.82	218.90
Tangible Book Value	856.35	792.16	713.29	658.85	603.7
Tangible Book Value Per Share	310.27	287.01	258.44	238.71	218.73
Land	6.13	6.13	6.13	6.13	6.13
Buildings	21.21	20.5	20.2	19.69	19.54
Machinery	170.7	163.93	167.27	163.01	162.43

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