FRA:MEF 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	696.59	637.02	353.95	600	480.98	297.49
Short-Term Investments	-	115.66	-	-	-	-
Trading Asset Securities	10.03	11.03	11	10.97	30.61	33.76
Cash & Short-Term Investments	706.62	763.71	364.95	610.97	511.6	331.26
Cash Growth	14.44%	109.26%	-40.27%	19.42%	54.44%	-32.10%
Accounts Receivable	388.58	425.52	418.85	395.06	288.98	200.22
Other Receivables	390.06	232.38	226.4	297.52	259.18	374.01
Receivables	778.64	657.9	645.25	692.58	548.16	574.23
Inventory	157.91	156.12	126.77	106.08	100.88	99.22
Prepaid Expenses	10.3	9.57	10.6	11.07	11.47	8.71
Restricted Cash	57.54	58.88	69.1	137.22	-	-
Other Current Assets	149.22	170.79	329.98	193.48	529.45	863.81
Total Current Assets	1,860	1,817	1,547	1,751	1,702	1,877
Property, Plant & Equipment	3,711	3,258	3,401	3,100	2,206	2,411
Long-Term Investments	1,778	1,846	1,679	1,411	1,075	831.71
Goodwill	142.74	39.07	39.07	39.07	39.07	67.02
Other Intangible Assets	-	-	-	-	-	1.19
Long-Term Accounts Receivable	711.65	667.31	585.52	454.28	483.35	511.13
Long-Term Deferred Tax Assets	133.08	130.57	138.26	39.31	50.93	61.01
Other Long-Term Assets	87.05	168.9	79.5	136.67	127.55	122.53
Total Assets	8,423	7,927	7,468	6,932	5,684	5,883
Accounts Payable	329.04	359.12	307.85	207.38	205.15	180.91
Accrued Expenses	297.39	262.67	215.4	206.41	150.03	132.51
Short-Term Debt	30	54.69	147.6	35	-	22.93
Current Portion of Long-Term Debt	252.01	374	247.9	400.99	315.49	301.53
Current Portion of Leases	93.23	130.37	123.82	101.78	95.26	94.45
Current Income Taxes Payable	83.95	63.42	66.93	128.64	85.93	52.45
Current Unearned Revenue	105.96	76.07	91.18	34.49	65.25	86.94
Other Current Liabilities	170.72	185.05	221.39	264.61	89.07	496.1
Total Current Liabilities	1,362	1,505	1,422	1,379	1,006	1,368
Long-Term Debt	3,379	2,871	2,900	2,715	2,674	2,403
Long-Term Leases	171.42	147.52	114.64	84.45	127.07	182.96
Long-Term Unearned Revenue	23.09	83.09	0.95	84.8	7.59	79.53
Pension & Post-Retirement Benefits	40.17	35.6	31.52	30.66	30.78	28.31
Long-Term Deferred Tax Liabilities	793.01	686.48	730.97	724.27	405.33	420.15
Other Long-Term Liabilities	269.81	246.4	240.66	165.72	203.89	205.61
Total Liabilities	6,038	5,576	5,441	5,184	4,455	4,687
Common Stock	121.8	121.8	121.8	121.8	121.8	121.8
Additional Paid-In Capital	476.73	498.08	496.24	491	488.11	498.06
Retained Earnings	1,592	1,545	1,248	981.18	510.3	463.28
Treasury Stock	-2.2	-0.35	-0.52	-0.54	-0.9	-0.32
Comprehensive Income & Other	-11.38	-45.43	-36.49	-36.19	-46.58	-75.38
Total Common Equity	2,177	2,119	1,829	1,557	1,073	1,007
Minority Interest	207.38	232.31	199.05	190.26	156.61	187.86
Shareholders' Equity	2,385	2,351	2,028	1,748	1,229	1,195
Total Liabilities & Equity	8,423	7,927	7,468	6,932	5,684	5,883
Total Debt	3,925	3,578	3,534	3,337	3,212	3,005
Net Cash (Debt)	-3,219	-2,814	-3,169	-2,726	-2,700	-2,674
Net Cash Per Share	-0.13	-0.11	-0.13	-0.11	-0.11	-0.12
Filing Date Shares Outstanding	24,683	25,065	25,029	25,025	24,950	25,071
Total Common Shares Outstanding	24,683	25,065	25,029	25,025	24,950	25,071
Working Capital	497.92	311.59	124.58	372.08	695.39	509.4
Book Value Per Share	0.09	0.08	0.07	0.06	0.04	0.04
Tangible Book Value	2,035	2,080	1,789	1,518	1,034	939.23
Tangible Book Value Per Share	0.08	0.08	0.07	0.06	0.04	0.04
Land	10.23	10.29	10.03	9.96	8.21	8.25
Buildings	11.96	11.49	11.49	11.44	11.82	11.84
Machinery	315.65	117.47	115.86	127.02	126.66	124.87
Construction In Progress	72.55	65.76	16.21	19.47	18.15	4.29
Leasehold Improvements	14.38	14.51	14.6	5.33	1.93	1.94

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