Acerinox Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	916.84	969.89	1,263	1,794	1,548	1,275
Short-Term Investments	7.21	2.5	73.49	27.68	51.53	15.35
Trading Asset Securities	2.34	4.14	9.81	-	-	-
Cash & Short-Term Investments	926.38	976.53	1,346	1,821	1,600	1,290
Cash Growth	-19.68%	-27.46%	-26.09%	13.87%	23.97%	37.30%
Accounts Receivable	767.03	471.96	546.42	555.89	570.17	767.63
Other Receivables	30.31	103	90.51	83.89	90.44	82.27
Receivables	797.34	574.97	636.93	639.78	660.6	849.9
Inventory	1,895	1,679	2,062	1,861	2,156	1,777
Other Current Assets	4.17	7.56	8	-	-	-
Total Current Assets	3,623	3,238	4,053	4,322	4,416	3,917
Property, Plant & Equipment	2,002	1,902	1,875	1,491	1,666	1,835
Long-Term Investments	28.77	0.67	0.8	15	30.97	16.01
Goodwill	168.03	164.49	179.35	51.06	51.06	51.06
Other Intangible Assets	107.18	107.54	126.67	32.1	34.62	38.08
Long-Term Deferred Tax Assets	142.97	142.4	177.68	169.27	101.23	105.85
Long-Term Deferred Charges	10.81	10.43	9.77	9.24	8.81	8.5
Other Long-Term Assets	27.08	54.88	45.15	9.67	9.92	13.22
Total Assets	6,110	5,621	6,467	6,099	6,318	5,984

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	1,086	621.97	671.71	794.92	1,021	1,318
Accrued Expenses	-	106.18	104.27	108.51	108.66	96.14
Current Portion of Long-Term Debt	990.8	836.97	918.74	843.73	594.49	490.42
Current Portion of Leases	6.83	5.56	4.83	4.37	4.79	-
Current Income Taxes Payable	28.09	21.01	46.53	12.6	58.3	23.47
Other Current Liabilities	83.96	122.37	130.84	138.31	159.63	39.48
Total Current Liabilities	2,195	1,714	1,877	1,902	1,947	1,968
Long-Term Debt	1,287	1,322	1,464	1,291	1,394	1,368
Long-Term Leases	18.57	16.53	13.05	14.46	10.66	12.54
Long-Term Unearned Revenue	22.68	29.36	45.89	36.35	27.47	18.68
Pension & Post-Retirement Benefits	-	182.47	197.47	146.87	134.09	175.12
Long-Term Deferred Tax Liabilities	213.67	222.48	248.28	205.9	227.78	200.05
Other Long-Term Liabilities	232.27	36.48	46.19	38.47	29.29	27.15
Total Liabilities	3,970	3,523	3,892	3,636	3,770	3,769

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	62.33	62.33	62.33	62.33	64.93	67.64
Additional Paid-In Capital	0.27	0.27	0.27	0.27	0.27	0.27
Retained Earnings	76.6	2,178	2,374	2,308	2,323	2,094
Treasury Stock	-2.8	-0.1	-0.25	-1.06	-90.73	-10.25
Comprehensive Income & Other	1,979	-176.16	90.74	38.76	177.08	3.31
Total Common Equity	2,115	2,064	2,527	2,408	2,474	2,155
Minority Interest	24.53	33.66	47.75	54.7	73.6	59.82
Shareholders' Equity	2,140	2,098	2,575	2,463	2,548	2,215
Total Liabilities & Equity	6,110	5,621	6,467	6,099	6,318	5,984

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	2,303	2,181	2,401	2,154	2,004	1,871
Net Cash (Debt)	-1,377	-1,204	-1,055	-332.34	-404.39	-580.92
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.56	-4.83	-4.23	-1.33	-1.57	-2.15
Filing Date Shares Outstanding	249.16	249.33	249.31	249.23	249.33	269.64
Total Common Shares Outstanding	249.16	249.33	249.31	249.23	249.33	269.64
Working Capital	1,428	1,524	2,176	2,419	2,469	1,949
Book Value Per Share	8.49	8.28	10.14	9.66	9.92	7.99
Tangible Book Value	1,840	1,792	2,221	2,325	2,388	2,066
Tangible Book Value Per Share	7.39	7.19	8.91	9.33	9.58	7.66
Land	981.94	948.49	970.41	1,009	1,016	978.12
Machinery	4,794	4,558	4,776	4,708	4,787	4,566
Construction In Progress	261.65	343.03	217.33	125.48	71.85	51.67