BELEX:MTLC Balance Sheet

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

Millions RSD. 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	1,318	931.03	855.66	798.17	636.8
Short-Term Investments	929.87	925.39	291.7	269.77	278.13
Cash & Short-Term Investments	2,248	1,856	1,147	1,068	914.92
Cash Growth	21.07%	61.80%	7.44%	16.72%	-55.54%
Accounts Receivable	1,090	1,113	1,227	1,138	1,196
Other Receivables	138.18	163.56	718.69	710.8	646.42
Receivables	1,228	1,276	1,945	1,849	1,843
Inventory	4,211	3,979	3,782	3,652	3,018
Prepaid Expenses	-	-	1.17	1.45	0.7
Other Current Assets	-	-	7.79	11.98	106.81
Total Current Assets	7,687	7,112	6,884	6,582	5,883
Property, Plant & Equipment	4,179	4,184	3,735	3,507	3,065
Long-Term Investments	15.67	14.43	5.47	6.25	19.73
Other Intangible Assets	126.44	110.92	90.22	51.6	44
Long-Term Deferred Tax Assets	41.45	25.22	28.19	14.73	13.19
Other Long-Term Assets	128.39	128.39	400.41	422.81	412.82
Total Assets	12,178	11,575	11,144	10,585	9,437
Accounts Payable	2,074	1,856	1,862	1,479	1,167
Accrued Expenses	183.21	150.17	573.34	526.25	523.27
Short-Term Debt	-	-	-	5.47	-
Current Portion of Long-Term Debt	618.82	567.75	586.88	582.71	445.35
Current Portion of Leases	-	-	117	89.32	68.81
Current Income Taxes Payable	47.05	55.94	29.35	31.76	35.28
Current Unearned Revenue	-	-	68.96	24.06	44.01
Other Current Liabilities	889.75	856.63	164.11	148	323.76
Total Current Liabilities	3,813	3,486	3,402	2,886	2,607
Long-Term Debt	575.52	761.71	561.38	727.48	217.15
Long-Term Leases	-	-	144.31	154.83	203.29
Long-Term Unearned Revenue	4.89	22.5	48.73	76.27	15.06
Pension & Post-Retirement Benefits	401.35	376.88	369.81	342.18	296.74
Other Long-Term Liabilities	109.55	99.79	87.57	82.38	92.56
Total Liabilities	4,905	4,747	4,613	4,269	3,432
Common Stock	2,482	2,482	2,448	2,448	2,448
Retained Earnings	4,866	4,423	3,951	3,494	3,185
Comprehensive Income & Other	-73.78	-76.98	103.05	103.3	129.43
Total Common Equity	7,274	6,828	6,502	6,046	5,763
Minority Interest	-	-	27.82	269.63	242.7
Shareholders' Equity	7,274	6,828	6,530	6,315	6,005
Total Liabilities & Equity	12,178	11,575	11,144	10,585	9,437
Total Debt	1,194	1,329	1,410	1,560	934.6
Net Cash (Debt)	1,053	526.95	-262.21	-491.86	-19.67
Net Cash Growth	99.87%	-	-	-	-
Net Cash Per Share	582.82	272.61	-135.65	-254.23	-10.17
Filing Date Shares Outstanding	1.81	1.93	1.93	1.93	1.93
Total Common Shares Outstanding	1.81	1.93	1.93	1.93	1.93
Working Capital	3,874	3,626	3,482	3,696	3,276
Book Value Per Share	4025.08	3532.20	3363.93	3127.37	2978.28
Tangible Book Value	7,147	6,717	6,412	5,994	5,719
Tangible Book Value Per Share	3955.11	3474.82	3317.25	3100.68	2955.54
Land	-	-	3,654	3,521	3,390
Machinery	-	-	4,101	3,601	3,309
Construction In Progress	-	-	157.75	345.56	57.53