Sats ASA Balance Sheet

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

Millions NOK. 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	363	371	282	345	281	456
Trading Asset Securities	-	-	6	-	-	-
Cash & Short-Term Investments	363	371	288	345	281	456
Cash Growth	13.08%	28.82%	-16.52%	22.78%	-38.38%	176.36%
Accounts Receivable	136	269	214	241	196	203
Other Receivables	88	95	57	27	36	106
Receivables	224	364	271	268	232	309
Inventory	59	54	55	57	57	48
Prepaid Expenses	224	163	188	199	181	170
Other Current Assets	1	-	-	-1	-	-
Total Current Assets	871	952	802	868	751	983
Property, Plant & Equipment	5,547	5,449	5,275	4,884	4,769	5,326
Long-Term Investments	20	33	36	47	-	-
Goodwill	2,573	2,570	2,535	2,478	2,425	2,458
Other Intangible Assets	82	91	93	110	144	120
Long-Term Deferred Tax Assets	136	185	178	239	213	166
Other Long-Term Assets	70	41	47	39	34	38
Total Assets	9,299	9,336	8,983	8,675	8,336	9,091
Accounts Payable	133	178	130	116	138	119
Accrued Expenses	94	344	349	312	439	321
Current Portion of Long-Term Debt	10	12	17	19	12	11
Current Portion of Leases	970	959	929	869	820	795
Current Income Taxes Payable	-	74	2	6	4	40
Current Unearned Revenue	622	653	548	584	490	442
Other Current Liabilities	320	133	180	202	152	247
Total Current Liabilities	2,149	2,353	2,155	2,108	2,055	1,975
Long-Term Debt	1,450	1,440	1,721	1,970	2,091	1,974
Long-Term Leases	4,117	4,090	4,009	3,666	3,632	4,167
Long-Term Deferred Tax Liabilities	145	103	78	71	72	90
Other Long-Term Liabilities	2	5	-	-	3	-
Total Liabilities	7,863	7,991	7,963	7,815	7,853	8,206
Common Stock	433	435	435	431	366	365
Additional Paid-In Capital	2,923	3,050	3,050	3,045	2,521	2,513
Retained Earnings	-1,901	-2,115	-2,441	-2,668	-2,421	-1,969
Treasury Stock	-5	-19	-24	-14	-17	-19
Comprehensive Income & Other	-14	-6	-	66	34	-5
Total Common Equity	1,436	1,345	1,020	860	483	885
Shareholders' Equity	1,436	1,345	1,020	860	483	885
Total Liabilities & Equity	9,299	9,336	8,983	8,675	8,336	9,091
Total Debt	6,547	6,501	6,676	6,524	6,555	6,947
Net Cash (Debt)	-6,184	-6,130	-6,388	-6,179	-6,274	-6,491
Net Cash Per Share	-30.29	-29.84	-31.30	-31.38	-36.72	-37.98
Filing Date Shares Outstanding	201.27	204.46	204.08	202.69	171.34	170.76
Total Common Shares Outstanding	201.27	204.46	204.08	202.69	171.34	170.76
Working Capital	-1,278	-1,401	-1,353	-1,240	-1,304	-992
Book Value Per Share	7.13	6.58	5.00	4.24	2.82	5.18
Tangible Book Value	-1,219	-1,316	-1,608	-1,728	-2,086	-1,693
Tangible Book Value Per Share	-6.06	-6.44	-7.88	-8.53	-12.17	-9.91
Machinery	1,548	1,555	1,522	1,438	1,328	1,304
Leasehold Improvements	1,375	1,331	1,502	1,431	1,422	1,421

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