FRA:1NC Balance Sheet

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

Millions USD. 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	166.8	190.77	402.42	946.99	1,507	3,300
Short-Term Investments	-	-	-	-	240	-
Cash & Short-Term Investments	166.8	190.77	402.42	946.99	1,747	3,300
Cash Growth	-49.84%	-52.60%	-57.51%	-45.78%	-47.08%	1205.18%
Receivables	252.63	221.41	280.27	326.27	1,167	20.58
Inventory	155.51	149.72	157.65	148.72	118.21	82.38
Prepaid Expenses	460.1	96	105.42	84.07	108.96	101.52
Other Current Assets	6.32	352.21	367.4	366.83	160.28	52.58
Total Current Assets	1,041	1,010	1,313	1,873	3,302	3,558
Property, Plant & Equipment	19,929	17,710	17,187	15,223	14,323	13,620
Goodwill	135.76	135.76	98.13	98.13	98.13	98.13
Other Intangible Assets	500.53	500.53	500.53	500.53	500.53	500.53
Long-Term Accounts Receivable	-	36.98	-	-	-	-
Other Long-Term Assets	606.3	576.7	394.24	862.71	506.62	622.85
Total Assets	22,213	19,970	19,493	18,558	18,730	18,399
Accounts Payable	193.4	171.11	174.34	228.74	233.17	83.14
Accrued Expenses	1,097	1,138	1,023	1,101	925.57	520.83
Current Portion of Long-Term Debt	876.2	1,324	1,745	991.13	877.36	126.52
Current Portion of Leases	28.21	27.31	23.23	39.69	34.41	22.84
Current Unearned Revenue	3,147	3,106	3,061	2,517	1,561	1,110
Other Current Liabilities	7.07	14.91	12.28	177.75	98.59	50.75
Total Current Liabilities	5,349	5,781	6,039	5,055	3,730	1,914
Long-Term Debt	13,645	11,766	12,301	12,615	11,548	11,677
Long-Term Leases	795.71	799.79	658.02	603.6	692.14	190.06
Pension & Post-Retirement Benefits	-	29.5	32.9	27.3	33.8	30.7
Other Long-Term Liabilities	230.49	168.62	161.79	188.49	292.57	233.51
Total Liabilities	20,020	18,544	19,192	18,489	16,297	14,045
Common Stock	0.46	0.44	0.43	0.42	0.42	0.32
Additional Paid-In Capital	8,204	7,922	7,709	7,612	7,514	4,889
Retained Earnings	-5,581	-5,990	-6,900	-7,066	-4,796	-295.45
Comprehensive Income & Other	-430.12	-507.04	-508.44	-477.08	-285.09	-240.12
Shareholders' Equity	2,193	1,425	300.81	68.59	2,433	4,354
Total Liabilities & Equity	22,213	19,970	19,493	18,558	18,730	18,399
Total Debt	15,345	13,916	14,727	14,249	13,152	12,016
Net Cash (Debt)	-15,179	-13,726	-14,324	-13,302	-11,406	-8,716
Net Cash Per Share	-29.85	-26.65	-33.52	-31.69	-31.21	-34.22
Filing Date Shares Outstanding	455.26	439.94	425.66	421.93	417.09	315.74
Total Common Shares Outstanding	455.25	439.86	425.55	421.41	416.89	315.64
Working Capital	-4,307	-4,771	-4,726	-3,182	-428.86	1,644
Book Value Per Share	4.82	3.24	0.71	0.16	5.84	13.79
Tangible Book Value	1,557	789.15	-297.85	-530.07	1,834	3,755
Tangible Book Value Per Share	3.42	1.79	-0.70	-1.26	4.40	11.90
Land	-	58.37	58.37	58.37	58.37	58.37
Machinery	-	21,706	21,361	18,471	16,933	16,637
Construction In Progress	-	1,144	548.18	871.81	833.97	376.06

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