Polaris Renewable Energy Inc. (FRA:N4T)

Polaris Renewable Energy Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	94.56	213.31	40.05	35.33	97.93	60.06
Accounts Receivable	12.1	11.28	10.63	11.24	9.42	19.89
Other Receivables	-	2.12	1.57	1.2	1.41	0.83
Prepaid Expenses	5.29	1.19	0.92	0.99	0.94	0.57
Other Current Assets	-	0.67	0.88	1.85	0.43	0.37
Total Current Assets	111.95	228.56	54.04	50.61	110.14	81.72
Property, Plant & Equipment	362.39	360.12	383.82	402.07	358.85	374.68
Goodwill	9.31	8.56	12.36	12.36	-	-
Other Intangible Assets	48.86	50.84	55.01	57.53	22.97	24.33
Long-Term Investments	-	-	-	-	-	0.16
Long-Term Deferred Tax Assets	8.06	6.8	6.64	3.91	0.86	1.78
Other Long-Term Assets	10.44	7.23	7.52	8.63	9.89	7.33
Total Assets	551.01	662.11	519.4	535.1	502.7	489.99
Accounts Payable	22.98	10.09	11.97	9.5	8.15	6.06
Accrued Expenses	-	2.02	0.82	0.76	0.44	2.63
Current Portion of Long-Term Debt	3.97	16.27	15.85	14.94	23.12	21.07
Current Unearned Revenue	-	-	-	-	0.15	-
Current Portion of Leases	0.39	0.43	0.4	0.42	0.3	0.19
Other Current Liabilities	4.95	5.03	2.32	4.97	2.15	3.98
Total Current Liabilities	32.29	33.84	31.35	30.6	34.31	33.92
Long-Term Debt	214.04	312.08	156.53	169.47	146.57	168.23
Long-Term Leases	2.01	2.15	2.35	2.5	1	0.5
Long-Term Deferred Tax Liabilities	55.35	54.51	59.24	62.33	54.76	51.81
Other Long-Term Liabilities	6.24	-	-	-	5.24	8.77
Total Liabilities	309.93	402.58	249.47	264.89	241.88	263.22
Common Stock	665.91	666.38	666.39	666.04	649.08	598.98
Additional Paid-In Capital	14.03	14.09	14.02	13.84	14.27	19.72
Retained Earnings	-438.76	-420.73	-411.07	-410.2	-400.59	-389.95
Total Common Equity	241.18	259.75	269.34	269.68	262.76	228.75
Minority Interest	-0.1	-0.22	0.59	0.54	-1.94	-1.98
Shareholders' Equity	241.07	259.53	269.93	270.21	260.82	226.77
Total Liabilities & Equity	551.01	662.11	519.4	535.1	502.7	489.99
Total Debt	220.42	330.93	175.12	187.33	170.99	189.99
Net Cash (Debt)	-125.86	-117.62	-135.07	-152	-73.06	-129.93
Net Cash Per Share	-5.96	-5.56	-6.41	-7.54	-3.84	-7.68
Filing Date Shares Outstanding	20.98	21.07	21.08	21.03	19.63	18.51
Total Common Shares Outstanding	20.99	21.06	21.06	21.03	19.53	15.71
Working Capital	79.65	194.73	22.69	20.01	75.84	47.8
Book Value Per Share	11.49	12.34	12.79	12.83	13.46	14.56
Tangible Book Value	183.01	200.35	201.97	199.8	239.79	204.42
Tangible Book Value Per Share	8.72	9.52	9.59	9.50	12.28	13.02
Construction In Progress	5.15	5	4.14	9.9	8.78	1.15

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