Polaris 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	138	287.8	367.8	324.5	502.3
Trading Asset Securities	-	1	0.9	5.9	-
Cash & Short-Term Investments	138	288.8	368.7	330.4	502.3
Cash Growth	-52.22%	-21.67%	11.59%	-34.22%	-20.86%
Accounts Receivable	237.5	192.3	306.4	343	227.9
Other Receivables	2	15.1	9	20.3	4
Receivables	239.5	207.4	315.4	363.3	231.9
Inventory	1,412	1,742	1,811	1,896	1,511
Prepaid Expenses	366.9	394.7	192.5	169.4	148.5
Other Current Assets	49.8	-	4.6	8.4	165.6
Total Current Assets	2,207	2,632	2,692	2,768	2,559
Property, Plant & Equipment	1,152	1,314	1,345	1,129	1,018
Long-Term Investments	-	54.4	71.9	50.3	23
Goodwill	-	393.5	394.4	386.2	391.3
Other Intangible Assets	800	542.7	512	524.4	543.9
Long-Term Deferred Tax Assets	525.5	384.6	295.9	210.5	162.9
Other Long-Term Assets	78.5	67	63.9	56.4	300.2
Total Assets	4,894	5,525	5,516	5,218	5,048
Accounts Payable	762.5	562.8	713.1	847.6	776
Accrued Expenses	1,355	1,089	937.2	723.9	510.5
Current Portion of Long-Term Debt	34.8	432.7	52.3	552.1	559.7
Current Portion of Leases	40.5	30.4	31.2	25.6	20.8
Current Income Taxes Payable	-	7.6	13.6	6.5	17.1
Current Unearned Revenue	-	-	-	-	34.7
Other Current Liabilities	50.5	171.2	186.4	172.9	311.3
Total Current Liabilities	2,243	2,293	1,934	2,329	2,230
Long-Term Debt	1,505	1,632	1,846	1,494	1,235
Long-Term Leases	-	106.2	123.7	96.9	83.4
Long-Term Unearned Revenue	-	-	-	-	73.6
Pension & Post-Retirement Benefits	-	-	-	-	52.4
Long-Term Deferred Tax Liabilities	-	6.1	2.7	4.6	5.5
Other Long-Term Liabilities	312.8	194	189.5	192	141.2
Total Liabilities	4,061	4,231	4,096	4,116	3,822
Common Stock	828.4	0.6	0.6	0.6	0.6
Additional Paid-In Capital	-	1,266	1,232	1,152	1,144
Retained Earnings	-	148.9	243.5	33.8	157.3
Comprehensive Income & Other	-	-125.5	-57.5	-87.5	-77.4
Total Common Equity	828.4	1,290	1,418	1,099	1,224
Minority Interest	4.5	4.2	2.4	2.5	2
Shareholders' Equity	832.9	1,294	1,421	1,102	1,226
Total Liabilities & Equity	4,894	5,525	5,516	5,218	5,048
Total Debt	1,580	2,201	2,053	2,169	1,899
Net Cash (Debt)	-1,442	-1,912	-1,684	-1,839	-1,397
Net Cash Per Share	-25.34	-33.66	-29.19	-30.59	-22.28
Filing Date Shares Outstanding	56.9	56.1	56.4	57.08	60.05
Total Common Shares Outstanding	56.9	56.1	56.5	57	60.4
Working Capital	-36.7	339.2	757.9	439	328.9
Book Value Per Share	14.56	22.99	25.10	19.28	20.27
Tangible Book Value	28.4	353.7	512	188.4	289.1
Tangible Book Value Per Share	0.50	6.30	9.06	3.31	4.79
Land	-	691.2	653.4	539.1	501.1
Machinery	-	1,779	1,732	1,645	1,598

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