SOCEP Balance Sheet

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

Millions RON. 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	56.87	87.85	89.05	27.82	23.57
Cash & Short-Term Investments	56.87	87.85	89.05	27.82	23.57
Cash Growth	-35.26%	-1.35%	220.07%	18.04%	15.48%
Accounts Receivable	30.74	17.51	39.41	22.54	12.75
Other Receivables	8.69	13.44	26.72	4.75	4.64
Receivables	39.42	30.95	66.14	27.29	17.38
Inventory	1.88	1.03	1.13	1.25	0.92
Other Current Assets	9.95	39.5	0.45	0.54	0.23
Total Current Assets	108.13	159.32	156.76	56.9	42.11
Property, Plant & Equipment	632.71	546.88	453.2	390.51	369.76
Long-Term Investments	66.29	45.41	42.09	32.38	36.78
Other Intangible Assets	2.14	2.1	2.13	2.18	2.12
Other Long-Term Assets	5.21	5.77	8.52	4.97	6.23
Total Assets	814.48	759.49	662.7	486.94	456.99
Accounts Payable	91.64	10.25	14.51	6	8.84
Accrued Expenses	0.01	5	3.41	2.66	0.03
Current Portion of Long-Term Debt	25.9	16.77	13.79	14.22	16.51
Current Portion of Leases	6.64	6.46	6.34	6.23	6.21
Current Income Taxes Payable	-	-	4.61	2.12	0.11
Current Unearned Revenue	0.73	0.68	0.03	0	0.01
Other Current Liabilities	4.06	64.7	21.55	9.99	1.33
Total Current Liabilities	128.98	103.86	64.24	41.21	33.03
Long-Term Debt	36.1	19.93	30.68	40.77	45.87
Long-Term Leases	159.74	161.86	165.02	168.44	174.02
Pension & Post-Retirement Benefits	0.21	0.16	0.1	0.09	0.09
Long-Term Deferred Tax Liabilities	16.22	12.94	13.64	5.84	6.99
Other Long-Term Liabilities	44.19	44.87	10.97	24.16	-0
Total Liabilities	385.44	343.61	284.64	280.52	259.99
Common Stock	63.97	63.97	63.97	34.62	35.4
Additional Paid-In Capital	1.09	1.09	1.09	1.09	1.09
Retained Earnings	59.83	105.58	68.71	-32.19	-42.18
Treasury Stock	-	-	-	-	-4.09
Comprehensive Income & Other	304.14	245.23	244.29	202.9	206.79
Shareholders' Equity	429.03	415.88	378.06	206.42	197.01
Total Liabilities & Equity	814.48	759.49	662.7	486.94	456.99
Total Debt	228.38	205.02	215.83	229.66	242.6
Net Cash (Debt)	-171.52	-117.17	-126.78	-201.84	-219.03
Net Cash Per Share	-	-0.18	-0.20	-0.58	-0.63
Filing Date Shares Outstanding	-	639.73	639.73	346.22	346.22
Total Common Shares Outstanding	-	639.73	639.73	346.22	346.22
Working Capital	-20.85	55.47	92.52	15.69	9.08
Book Value Per Share	-	0.65	0.59	0.60	0.57
Tangible Book Value	426.9	413.77	375.93	204.24	194.89
Tangible Book Value Per Share	-	0.65	0.59	0.59	0.56
Land	-	155.87	151.96	120.91	55.94
Machinery	-	201.21	174.44	169.02	129.61
Construction In Progress	-	135.42	50.61	17.85	87.11

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.