Ternium Argentina Balance Sheet

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	104,937	60,515	49,020	24,411	15,499	14,915
Short-Term Investments	1,104,859	1,273,228	830,822	206,387	77,328	21,573
Cash & Short-Term Investments	1,209,796	1,333,743	879,842	230,798	92,827	36,488
Cash Growth	4.94%	51.59%	281.22%	148.63%	154.40%	582.41%
Accounts Receivable	143,685	86,209	83,160	19,514	10,150	5,185
Other Receivables	174,989	205,048	51,784	10,281	6,205	1,445
Receivables	318,674	291,257	134,944	29,795	16,355	6,630
Inventory	950,425	758,514	436,637	122,837	77,239	40,750
Prepaid Expenses	-	3,128	622	669	269	315
Other Current Assets	-	8,423	5,397	871	523	375
Total Current Assets	2,478,895	2,395,065	1,457,442	384,970	187,213	84,558
Property, Plant & Equipment	1,213,059	890,690	662,428	144,016	85,360	75,011
Long-Term Investments	3,420,363	2,422,142	1,927,855	389,375	216,453	114,199
Other Intangible Assets	66,630	55,266	39,983	6,046	2,177	1,575
Long-Term Accounts Receivable	-	-	-	-	23	-
Long-Term Deferred Tax Assets	152,807	131,587	31	5,164	1,232	-
Other Long-Term Assets	20,122	14,464	21,903	1,849	388	103
Total Assets	7,351,876	5,909,214	4,109,642	931,420	492,846	275,446
Accounts Payable	363,591	361,155	285,654	44,552	24,417	18,121
Accrued Expenses	25,760	65,718	42,357	19,372	8,980	4,986
Short-Term Debt	37	198,986	10,219	1	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	1
Current Portion of Leases	9,991	7,296	5,185	1,376	568	430
Current Income Taxes Payable	-	-	92,656	10,538	13,025	4,052
Other Current Liabilities	243,941	112,572	2,051	346	329	85
Total Current Liabilities	643,320	745,727	438,122	76,185	47,319	27,675
Long-Term Leases	60,105	49,767	43,444	10,642	6,187	5,522
Pension & Post-Retirement Benefits	-	12,280	7,511	1,968	1,107	771
Long-Term Deferred Tax Liabilities	-	-	119,723	-	-	1,709
Other Long-Term Liabilities	30,596	7,945	4,817	1,668	922	490
Total Liabilities	734,021	815,719	613,617	90,463	55,535	36,167
Common Stock	4,517	4,517	4,517	4,517	4,517	4,517
Additional Paid-In Capital	796	796	796	796	796	796
Retained Earnings	6,571,674	4,139,026	3,122,126	673,186	348,566	162,756
Comprehensive Income & Other	40,865	949,153	368,578	162,456	83,431	71,209
Total Common Equity	6,617,852	5,093,492	3,496,017	840,955	437,310	239,278
Minority Interest	3	3	8	2	1	1
Shareholders' Equity	6,617,855	5,093,495	3,496,025	840,957	437,311	239,279
Total Liabilities & Equity	7,351,876	5,909,214	4,109,642	931,420	492,846	275,446
Total Debt	70,133	256,049	58,848	12,019	6,755	5,953
Net Cash (Debt)	1,139,663	1,077,694	820,994	218,779	86,072	30,535
Net Cash Growth	27.13%	31.27%	275.26%	154.18%	181.88%	-
Net Cash Per Share	252.30	238.58	181.75	48.43	19.05	6.76
Filing Date Shares Outstanding	4,517	4,517	4,517	4,517	4,517	4,517
Total Common Shares Outstanding	4,517	4,517	4,517	4,517	4,517	4,517
Working Capital	1,835,575	1,649,338	1,019,320	308,785	139,894	56,883
Book Value Per Share	1465.07	1127.60	773.95	186.17	96.81	52.97
Tangible Book Value	6,551,222	5,038,226	3,456,034	834,909	435,133	237,703
Tangible Book Value Per Share	1450.32	1115.37	765.10	184.83	96.33	52.62
Land	39,612	23,783	18,595	4,075	2,363	1,936
Buildings	2,797,081	2,001,143	1,456,263	308,341	175,523	142,915
Machinery	3,433,398	2,541,238	2,010,492	437,850	252,451	205,040
Construction In Progress	141,685	156,783	105,252	16,571	5,313	3,037

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.