Karelia Tobacco Company 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	440.73	290.98	300.1	211.78	321.86	366.3
Short-Term Investments	213.01	315.9	295.02	289.94	122.44	16.91
Trading Asset Securities	35.07	32.02	48.21	66.48	68.59	62.62
Cash & Short-Term Investments	688.81	638.9	643.33	568.2	512.88	445.82
Cash Growth	-0.75%	-0.69%	13.22%	10.79%	15.04%	3.02%
Accounts Receivable	32.17	17.69	14.34	16.23	14.12	12.42
Other Receivables	-	16.47	5.09	9.67	7.28	6.05
Receivables	32.17	34.16	19.43	25.9	21.4	18.47
Inventory	70.61	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	791.58	764.08	743.07	665.16	598.17	542.46
Property, Plant & Equipment	58.12	59.97	59.17	68.16	69.88	76.3
Long-Term Investments	218.32	206.94	150.69	129.15	129.79	91.01
Other Intangible Assets	0.1	0.11	0.07	0.14	0.29	0.46
Other Long-Term Assets	0.16	0.17	0.11	0.09	0.07	0.04
Total Assets	1,068	1,031	953.11	862.7	798.21	710.27
Accounts Payable	153.97	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	0.71	0.72	0.48	0.49	0.19	0.19
Current Income Taxes Payable	17.45	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	172.14	170.58	153.57	142.54	131.19	96.96
Long-Term Leases	0.84	1.02	0.8	1.02	0.26	0.31
Pension & Post-Retirement Benefits	2.44	2.53	2.3	2.21	2.09	2.23
Long-Term Deferred Tax Liabilities	0.93	0.66	4.2	3.52	5.46	6.62
Other Long-Term Liabilities	-	-	-	-	0.1	-
Total Liabilities	176.34	174.79	160.87	149.29	139.09	106.12
Common Stock	32.65	32.65	32.65	32.65	32.65	32.65
Additional Paid-In Capital	0.03	0.03	0.03	0.03	0.03	0.03
Retained Earnings	722.94	824.52	760.28	681.36	626.98	572.25
Comprehensive Income & Other	136.3	-0.75	-0.74	-0.62	-0.53	-0.78
Total Common Equity	891.92	856.46	792.23	713.43	659.13	604.16
Minority Interest	0.02	0.02	0.02	-0.02	-0.02	-0.01
Shareholders' Equity	891.94	856.48	792.25	713.41	659.12	604.14
Total Liabilities & Equity	1,068	1,031	953.11	862.7	798.21	710.27
Total Debt	1.55	1.73	1.28	1.51	0.45	0.5
Net Cash (Debt)	687.25	637.17	642.05	566.69	512.43	445.32
Net Cash Growth	-0.77%	-0.76%	13.30%	10.59%	15.07%	3.07%
Net Cash Per Share	249.01	230.86	232.63	205.32	185.66	161.35
Filing Date Shares Outstanding	2.76	2.76	2.76	2.76	2.76	2.76
Total Common Shares Outstanding	2.76	2.76	2.76	2.76	2.76	2.76
Working Capital	619.44	593.5	589.5	522.62	466.99	445.5
Book Value Per Share	323.16	310.31	287.04	258.49	238.82	218.90
Tangible Book Value	891.82	856.35	792.16	713.29	658.85	603.7
Tangible Book Value Per Share	323.12	310.27	287.01	258.44	238.71	218.73
Land	6.13	6.13	6.13	6.13	6.13	6.13
Buildings	21.21	21.21	20.5	20.2	19.69	19.54
Machinery	170.76	170.7	163.93	167.27	163.01	162.43