Mercer International Balance Sheet

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

Millions USD. 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	186.81	184.93	313.99	354.03	345.61
Cash & Short-Term Investments	186.81	184.93	313.99	354.03	345.61
Cash Growth	1.02%	-41.11%	-11.31%	2.44%	-4.29%
Accounts Receivable	270.5	309.5	281.25	296.19	293.5
Other Receivables	28.39	17.84	24.92	55.8	51.85
Receivables	298.89	327.35	306.17	351.99	345.35
Inventory	359.4	361.68	414.16	450.47	356.73
Prepaid Expenses	20.71	17.6	23.46	21.68	16.62
Other Current Assets	-	18.45	35.13	-	-
Total Current Assets	865.8	910	1,093	1,178	1,064
Property, Plant & Equipment	1,122	1,262	1,422	1,356	1,145
Long-Term Investments	-	-	41.67	45.64	49.65
Goodwill	-	-	35.38	30.94	-
Other Intangible Assets	26.11	49.83	52.64	61.5	47.9
Long-Term Deferred Tax Assets	7.84	17.78	0.66	-	1.18
Other Long-Term Assets	19.36	23.01	17.66	52.42	42.85
Total Assets	2,041	2,263	2,663	2,725	2,351
Accounts Payable	72.05	53.61	61.1	92.85	58.45
Accrued Expenses	155.14	138.22	157.01	167.46	143.69
Current Portion of Leases	16.76	12.29	11.71	12.62	11.66
Current Income Taxes Payable	11.1	30.46	21.81	99.83	56.24
Current Unearned Revenue	16.43	4.35	15.26	-	7.3
Other Current Liabilities	12.15	17.61	19.55	5.31	5.78
Total Current Liabilities	283.63	256.54	286.44	378.06	283.12
Long-Term Debt	1,564	1,435	1,569	1,303	1,182
Long-Term Leases	45.07	43.59	48.44	53.24	62.15
Pension & Post-Retirement Benefits	10.39	11.13	12.48	12.18	21.25
Long-Term Deferred Tax Liabilities	58.3	74.77	97.32	125.96	95.12
Other Long-Term Liabilities	12.04	11.93	13.74	14.07	13.59
Total Liabilities	1,973	1,833	2,027	1,886	1,657
Common Stock	66.87	66.85	66.47	66.13	65.99
Additional Paid-In Capital	365.36	362.78	359.5	354.5	347.9
Retained Earnings	-277.02	230.91	336.11	598.12	370.93
Comprehensive Income & Other	-87.15	-230.77	-126.67	-179.96	-90.79
Shareholders' Equity	68.06	429.78	635.41	838.78	694.02
Total Liabilities & Equity	2,041	2,263	2,663	2,725	2,351
Total Debt	1,626	1,491	1,629	1,369	1,256
Net Cash (Debt)	-1,439	-1,306	-1,315	-1,015	-910.17
Net Cash Per Share	-21.50	-19.55	-19.80	-15.23	-13.73
Filing Date Shares Outstanding	66.87	66.85	66.47	66.13	65.99
Total Common Shares Outstanding	66.87	66.85	66.47	66.13	65.99
Working Capital	582.18	653.47	806.47	800.11	781.18
Book Value Per Share	1.02	6.43	9.56	12.68	10.52
Tangible Book Value	41.95	379.95	547.39	746.35	646.12
Tangible Book Value Per Share	0.63	5.68	8.24	11.29	9.79
Land	88.26	82.02	86.69	90.2	61.07
Buildings	419.51	386.56	402.27	354.05	309.04
Machinery	2,664	2,355	2,447	2,244	2,080

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