Acerinox 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	845	969.89	1,263	1,794	1,548	1,275
Short-Term Investments	-	2.5	73.49	27.68	51.53	15.35
Trading Asset Securities	-	4.14	9.81	-	-	-
Cash & Short-Term Investments	845	976.53	1,346	1,821	1,600	1,290
Cash Growth	-29.05%	-27.46%	-26.09%	13.87%	23.97%	37.30%
Accounts Receivable	552	471.96	546.42	555.89	570.17	767.63
Other Receivables	81	103	90.51	83.89	90.44	82.27
Receivables	633	574.97	636.93	639.78	660.6	849.9
Inventory	1,777	1,679	2,062	1,861	2,156	1,777
Other Current Assets	44	7.56	8	-	-	-
Total Current Assets	3,299	3,238	4,053	4,322	4,416	3,917
Property, Plant & Equipment	-	1,902	1,875	1,491	1,666	1,835
Long-Term Investments	-	0.67	0.8	15	30.97	16.01
Goodwill	-	164.49	179.35	51.06	51.06	51.06
Other Intangible Assets	-	107.54	126.67	32.1	34.62	38.08
Long-Term Deferred Tax Assets	-	142.4	177.68	169.27	101.23	105.85
Long-Term Deferred Charges	-	10.43	9.77	9.24	8.81	8.5
Other Long-Term Assets	2,432	54.88	45.15	9.67	9.92	13.22
Total Assets	5,731	5,621	6,467	6,099	6,318	5,984
Accounts Payable	741	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	858	836.97	918.74	843.73	594.49	490.42
Current Portion of Leases	-	5.56	4.83	4.37	4.79	-
Current Income Taxes Payable	-	21.01	46.53	12.6	58.3	23.47
Other Current Liabilities	229	122.37	130.84	138.31	159.63	39.48
Total Current Liabilities	1,828	1,714	1,877	1,902	1,947	1,968
Long-Term Debt	1,281	1,322	1,464	1,291	1,394	1,368
Long-Term Leases	-	16.53	13.05	14.46	10.66	12.54
Long-Term Unearned Revenue	-	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	-	222.48	248.28	205.9	227.78	200.05
Other Long-Term Liabilities	486	36.48	46.19	38.47	29.29	27.15
Total Liabilities	3,595	3,523	3,892	3,636	3,770	3,769
Common Stock	2,136	62.33	62.33	62.33	64.93	67.64
Additional Paid-In Capital	-	0.27	0.27	0.27	0.27	0.27
Retained Earnings	-	2,178	2,374	2,308	2,323	2,094
Treasury Stock	-	-0.1	-0.25	-1.06	-90.73	-10.25
Comprehensive Income & Other	-	-176.16	90.74	38.76	177.08	3.31
Total Common Equity	2,136	2,064	2,527	2,408	2,474	2,155
Minority Interest	-	33.66	47.75	54.7	73.6	59.82
Shareholders' Equity	2,136	2,098	2,575	2,463	2,548	2,215
Total Liabilities & Equity	5,731	5,621	6,467	6,099	6,318	5,984
Total Debt	2,139	2,181	2,401	2,154	2,004	1,871
Net Cash (Debt)	-1,294	-1,204	-1,055	-332.34	-404.39	-580.92
Net Cash Per Share	-5.19	-4.83	-4.23	-1.33	-1.57	-2.15
Filing Date Shares Outstanding	249.33	249.33	249.31	249.23	249.33	269.64
Total Common Shares Outstanding	249.33	249.33	249.31	249.23	249.33	269.64
Working Capital	1,471	1,524	2,176	2,419	2,469	1,949
Book Value Per Share	8.57	8.28	10.14	9.66	9.92	7.99
Tangible Book Value	2,136	1,792	2,221	2,325	2,388	2,066
Tangible Book Value Per Share	8.57	7.19	8.91	9.33	9.58	7.66
Land	-	948.49	970.41	1,009	1,016	978.12
Machinery	-	4,558	4,776	4,708	4,787	4,566
Construction In Progress	-	343.03	217.33	125.48	71.85	51.67

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