Santierul Naval Constanta Balance Sheet

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Jan '20 Jan 1, 2020
Cash & Equivalents	11.33	26.64	31.23	42.35	27.98	22.39
Cash & Short-Term Investments	11.33	26.64	31.23	42.35	27.98	22.39
Cash Growth	-62.74%	-14.70%	-26.27%	51.39%	24.94%	-31.47%
Accounts Receivable	15.1	6.64	19.74	8.41	14.5	19.06
Other Receivables	-	6.16	3.84	2.68	4.83	5.06
Receivables	15.1	12.8	23.58	11.09	19.33	24.12
Inventory	263.39	186.94	103.42	172.25	123.21	174.94
Prepaid Expenses	0.53	0.62	0.43	-	-	0.4
Other Current Assets	-	2.27	2.06	5.01	4.26	-
Total Current Assets	290.34	229.27	160.72	230.7	174.77	221.85
Property, Plant & Equipment	103.56	101.63	91.02	95.73	98.62	100.63
Long-Term Investments	-	0.1	0.1	-	-	0.1
Other Intangible Assets	0.11	0	0	-	0.14	0.51
Other Long-Term Assets	0.11	0	0.03	0.6	0.39	-
Total Assets	394.13	331.02	251.88	327.04	273.92	323.09
Accounts Payable	-	15.24	14.65	14.76	18.37	29.57
Short-Term Debt	-	169.1	24.09	85.06	55.11	63.54
Current Unearned Revenue	-	0.09	54.7	98.96	70.99	106.87
Other Current Liabilities	255.39	7.67	20.74	9.37	7.28	8.06
Total Current Liabilities	255.39	192.1	114.18	208.16	151.74	208.04
Long-Term Debt	10.71	2.25	-	-	-	-
Pension & Post-Retirement Benefits	-	1.02	1.02	1.02	1.02	1.02
Other Long-Term Liabilities	2.29	1.27	9.9	10.01	4.55	3.29
Total Liabilities	268.39	196.64	125.11	219.19	157.31	212.35
Common Stock	162.49	162.49	162.49	162.49	162.49	162.49
Retained Earnings	-84.75	-70.24	-77.31	-97.53	-90.15	-93.49
Comprehensive Income & Other	48	42.12	41.59	42.88	44.26	41.74
Shareholders' Equity	125.75	134.38	126.78	107.85	116.61	110.74
Total Liabilities & Equity	394.13	331.02	251.88	327.04	273.92	323.09
Total Debt	10.71	171.35	24.09	85.06	55.11	63.54
Net Cash (Debt)	0.62	-144.71	7.13	-42.71	-27.13	-41.15
Net Cash Growth	-97.60%	-	-	-	-	-
Net Cash Per Share	0.01	-2.23	0.11	-0.66	-0.42	-0.63
Filing Date Shares Outstanding	65	65	65	65	65	65
Total Common Shares Outstanding	65	65	65	65	65	65
Working Capital	34.95	37.17	46.53	22.55	23.02	13.81
Book Value Per Share	1.93	2.07	1.95	1.66	1.79	1.70
Tangible Book Value	125.63	134.38	126.77	107.85	116.47	110.23
Tangible Book Value Per Share	1.93	2.07	1.95	1.66	1.79	1.70
Land	-	32.48	32.48	32.48	32.48	32.48
Buildings	-	48.54	48.4	48.27	48.27	55.63
Machinery	-	99.31	89.98	85.52	85.24	85.08
Construction In Progress	-	2.09	0.3	4.4	1.95	1.53

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.