IAR S.A. Balance Sheet

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

Millions RON. 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	16.72	5.03	18.13	258.29	45.3	9.77
Short-Term Investments	-	14.83	67.51	-	-	-
Cash & Short-Term Investments	16.72	19.86	85.64	258.29	45.3	9.77
Cash Growth	-81.49%	-76.81%	-66.84%	470.13%	363.58%	11.42%
Accounts Receivable	101.72	170.35	115.91	39.4	46.55	25.82
Other Receivables	-	13.09	9.68	0.67	2.06	10.06
Receivables	101.72	183.45	125.58	40.06	48.61	35.88
Inventory	450.83	489.23	294.42	256.83	222.84	211.07
Other Current Assets	-	-	-	-	-	0
Total Current Assets	569.27	692.54	505.65	555.19	316.75	256.73
Property, Plant & Equipment	116.13	106.17	102.05	95.35	85.37	74.29
Long-Term Investments	5.43	5.43	5.43	5.43	5.43	5.43
Other Intangible Assets	0.01	0.02	0.02	0.03	0.43	0.62
Other Long-Term Assets	0.14	3.81	2.15	1.29	1.37	3.6
Total Assets	690.98	807.97	615.3	657.29	409.35	340.66
Accounts Payable	21.26	25.28	22.56	14.41	31.37	19.08
Accrued Expenses	4.26	-	-	-	-	-
Short-Term Debt	-	-	-	42.73	73.02	45.94
Current Unearned Revenue	0.74	0	213.73	250.78	14.86	0.02
Other Current Liabilities	15.76	8.41	17.5	48.34	11.59	10.79
Total Current Liabilities	42.01	33.69	253.79	356.26	130.84	75.82
Long-Term Unearned Revenue	-	399.9	0.75	0	0.03	0.05
Pension & Post-Retirement Benefits	-	9.45	6.45	5.06	5.94	6.79
Other Long-Term Liabilities	366.64	97.81	107.02	67.45	52.72	53.95
Total Liabilities	408.66	540.85	368.02	428.76	189.53	136.61
Common Stock	47.2	47.2	47.2	47.2	47.2	47.2
Retained Earnings	38.44	47.74	40.16	27.15	37.42	47.08
Treasury Stock	-6.71	-6.71	-6.71	-6.71	-6.71	-6.71
Comprehensive Income & Other	203.4	178.89	166.63	160.88	141.9	116.48
Shareholders' Equity	282.33	267.12	247.28	228.53	219.81	204.05
Total Liabilities & Equity	690.98	807.97	615.3	657.29	409.35	340.66
Total Debt	-	-	-	42.73	73.02	45.94
Net Cash (Debt)	16.72	19.86	85.64	215.56	-27.72	-36.16
Net Cash Growth	-81.49%	-76.81%	-60.27%	-	-	-
Net Cash Per Share	0.91	1.09	4.69	11.79	-1.52	-1.98
Filing Date Shares Outstanding	18.28	18.28	18.28	18.28	18.28	18.28
Total Common Shares Outstanding	18.28	18.28	18.28	18.28	18.28	18.28
Working Capital	527.26	658.86	251.86	198.93	185.91	180.91
Book Value Per Share	15.45	14.61	13.53	12.50	12.03	11.16
Tangible Book Value	282.31	267.11	247.26	228.49	219.39	203.43
Tangible Book Value Per Share	15.44	14.61	13.53	12.50	12.00	11.13
Land	27.66	27.66	27.66	27.66	27.66	27.66
Buildings	44.09	44.07	44.07	44.04	42.83	42.83
Machinery	31.23	25.9	24.53	23.55	19.08	17.78
Construction In Progress	54.19	46.65	40.2	31.97	23.98	11.58

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