Vallourec Balance Sheet

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

Millions USD. 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	1,119	1,133	1,142	994.75	589.51	705.65
Short-Term Investments	-	-	-	0.09	7.29	18.02
Cash & Short-Term Investments	1,119	1,133	1,142	994.83	596.8	723.66
Cash Growth	-5.71%	-0.83%	14.82%	66.70%	-17.53%	-57.67%
Accounts Receivable	568	615.46	663.19	799.26	806.75	634.89
Other Receivables	-	113.97	128.18	134.75	93.02	62.17
Receivables	568	729.42	791.61	934.07	900.02	697.38
Inventory	1,069	1,110	1,211	1,373	1,402	1,155
Other Current Assets	294	194.82	183.17	232.98	252.46	189.28
Total Current Assets	3,050	3,167	3,328	3,534	3,151	2,765
Property, Plant & Equipment	2,098	2,072	1,907	2,189	1,954	1,993
Long-Term Investments	15	33.13	33.11	36.58	102.41	125.22
Goodwill	41	39.52	34.9	44.01	42.32	42.7
Other Intangible Assets	37	40.31	34.22	46.47	39.35	51.84
Long-Term Accounts Receivable	-	3.7	4.88	-	-	-
Long-Term Deferred Tax Assets	175	169.98	186.4	230.55	254.06	272.34
Other Long-Term Assets	227	203.71	195.88	230.81	179.62	146.43
Total Assets	5,643	5,732	5,726	6,315	5,726	5,400
Accounts Payable	722	797.45	823.11	842.83	840.99	683.5
Accrued Expenses	-	183.09	165.14	198.03	179.97	197.47
Short-Term Debt	44	-	79.72	1.91	5.15	3.88
Current Portion of Long-Term Debt	-	61.75	66.08	133.15	330.57	211.82
Current Portion of Leases	22	23.39	27.28	18.45	21.11	19.79
Current Income Taxes Payable	-	73.54	103.46	122.25	62.72	37.21
Other Current Liabilities	467	233.19	290.62	451.48	484.28	193.11
Total Current Liabilities	1,255	1,372	1,555	1,768	1,925	1,347
Long-Term Debt	950	950.31	996.06	1,490	1,461	1,578
Long-Term Leases	45	48.32	42.43	43.93	54.1	57.23
Pension & Post-Retirement Benefits	105	112.07	77.26	112.82	111.9	155.66
Long-Term Deferred Tax Liabilities	106	109.26	87.09	92.13	55.4	33.09
Other Long-Term Liabilities	282	328.44	275.13	350.02	317.29	173.68
Total Liabilities	2,743	2,921	3,033	3,857	3,925	3,344
Common Stock	2,790	5.6	4.93	5.24	4.95	5.21
Additional Paid-In Capital	-	4,648	4,095	4,372	4,223	4,494
Retained Earnings	-	416.38	468.03	548.15	-391.56	44.97
Treasury Stock	-	-2.37	-	-	-0.6	-0.99
Comprehensive Income & Other	-	-2,360	-1,967	-2,542	-2,080	-2,538
Total Common Equity	2,790	2,708	2,601	2,384	1,756	2,005
Minority Interest	110	102.95	92.06	74.1	45.27	50.79
Shareholders' Equity	2,900	2,811	2,693	2,458	1,801	2,056
Total Liabilities & Equity	5,643	5,732	5,726	6,315	5,726	5,400
Total Debt	1,061	1,084	1,212	1,688	1,872	1,870
Net Cash (Debt)	58	48.99	-69.34	-692.76	-1,275	-1,147
Net Cash Per Share	0.23	0.20	-0.28	-2.89	-5.56	-9.55
Filing Date Shares Outstanding	232	230.88	233.97	229.77	229.08	228.74
Total Common Shares Outstanding	232	234.23	233.92	229.77	229.08	228.74
Working Capital	1,795	1,795	1,773	1,766	1,226	1,418
Book Value Per Share	12.03	11.56	11.12	10.37	7.67	8.77
Tangible Book Value	2,712	2,628	2,532	2,293	1,675	1,911
Tangible Book Value Per Share	11.69	11.22	10.82	9.98	7.31	8.35
Land	-	99.62	89.96	119.06	133.63	127.2
Buildings	-	895.13	836.36	882.89	942.23	941.78
Machinery	-	3,663	3,469	4,214	4,315	4,321
Construction In Progress	-	346.2	248.91	312.38	166.7	188.92