Ternium Argentina Balance Sheet

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

Millions ARS. 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	110,346	163,490	60,515	49,020	24,411	15,499
Short-Term Investments	926,852	1,005,502	1,273,228	830,822	206,387	77,328
Cash & Short-Term Investments	1,037,198	1,168,992	1,333,743	879,842	230,798	92,827
Cash Growth	-18.37%	-12.35%	51.59%	281.22%	148.63%	154.40%
Accounts Receivable	142,622	132,272	86,209	83,160	19,514	10,150
Other Receivables	133,831	103,481	205,048	51,784	10,281	6,205
Receivables	276,453	235,753	291,257	134,944	29,795	16,355
Inventory	990,763	1,014,584	758,514	436,637	122,837	77,239
Prepaid Expenses	-	3,033	3,128	622	669	269
Other Current Assets	-	13,450	8,423	5,397	871	523
Total Current Assets	2,304,414	2,435,812	2,395,065	1,457,442	384,970	187,213
Property, Plant & Equipment	1,265,026	1,276,702	890,690	662,428	144,016	85,360
Long-Term Investments	3,497,911	3,621,901	2,422,142	1,927,855	389,375	216,453
Other Intangible Assets	69,239	75,900	55,266	39,983	6,046	2,177
Long-Term Accounts Receivable	1,313	-	-	-	-	23
Long-Term Deferred Tax Assets	261,560	104,961	131,587	31	5,164	1,232
Other Long-Term Assets	7,741	22,982	14,464	21,903	1,849	388
Total Assets	7,407,204	7,538,258	5,909,214	4,109,642	931,420	492,846
Accounts Payable	275,587	327,088	361,155	285,654	44,552	24,417
Accrued Expenses	-	45,705	65,718	42,357	19,372	8,980
Short-Term Debt	1	4	198,986	10,219	1	-
Current Portion of Leases	13,049	10,627	7,296	5,185	1,376	568
Current Income Taxes Payable	-	-	-	92,656	10,538	13,025
Other Current Liabilities	430,226	245,542	112,572	2,051	346	329
Total Current Liabilities	718,863	628,966	745,727	438,122	76,185	47,319
Long-Term Leases	77,727	61,096	49,767	43,444	10,642	6,187
Pension & Post-Retirement Benefits	-	17,637	12,280	7,511	1,968	1,107
Long-Term Deferred Tax Liabilities	-	-	-	119,723	-	-
Other Long-Term Liabilities	38,840	17,798	7,945	4,817	1,668	922
Total Liabilities	835,430	725,497	815,719	613,617	90,463	55,535
Common Stock	6,571,771	4,517	4,517	4,517	4,517	4,517
Additional Paid-In Capital	-	796	796	796	796	796
Retained Earnings	-	5,522,999	4,139,026	3,122,126	673,186	348,566
Comprehensive Income & Other	-	1,284,446	949,153	368,578	162,456	83,431
Total Common Equity	6,571,771	6,812,758	5,093,492	3,496,017	840,955	437,310
Minority Interest	3	3	3	8	2	1
Shareholders' Equity	6,571,774	6,812,761	5,093,495	3,496,025	840,957	437,311
Total Liabilities & Equity	7,407,204	7,538,258	5,909,214	4,109,642	931,420	492,846
Total Debt	90,777	71,727	256,049	58,848	12,019	6,755
Net Cash (Debt)	946,421	1,097,265	1,077,694	820,994	218,779	86,072
Net Cash Growth	-5.52%	1.82%	31.27%	275.26%	154.18%	181.88%
Net Cash Per Share	209.52	242.91	238.58	181.75	48.43	19.05
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	1,585,551	1,806,846	1,649,338	1,019,320	308,785	139,894
Book Value Per Share	1454.87	1508.22	1127.60	773.95	186.17	96.81
Tangible Book Value	6,502,532	6,736,858	5,038,226	3,456,034	834,909	435,133
Tangible Book Value Per Share	1439.54	1491.41	1115.37	765.10	184.83	96.33
Land	-	41,764	23,783	18,595	4,075	2,363
Buildings	-	2,980,930	2,001,143	1,456,263	308,341	175,523
Machinery	-	3,644,982	2,541,238	2,010,492	437,850	252,451
Construction In Progress	-	106,689	156,783	105,252	16,571	5,313

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