REC Silicon ASA 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	7.3	10.3	170.9	105.3	110.5
Cash & Short-Term Investments	7.3	10.3	170.9	105.3	110.5
Cash Growth	-29.13%	-93.97%	62.30%	-4.71%	-18.09%
Accounts Receivable	8.2	12.1	21.9	16.8	22.8
Other Receivables	0.5	4.1	-	0.1	1.4
Receivables	8.7	16.2	21.9	16.9	24.2
Inventory	19.6	27.4	58.5	38.3	33.1
Prepaid Expenses	6.7	9.4	8.7	6.3	5.4
Restricted Cash	0.5	0.6	0.6	0.8	4.4
Other Current Assets	-0.1	-0.1	0.1	-0.1	-
Total Current Assets	42.7	63.8	260.7	167.5	177.6
Property, Plant & Equipment	99.1	108.1	290.9	151.3	116.3
Other Intangible Assets	-	-	0.8	1	0.9
Other Long-Term Assets	-	0.2	0.5	0.1	0.1
Total Assets	141.8	172.1	552.9	319.9	294.9
Accounts Payable	28.2	41.6	41.4	31.8	10.1
Accrued Expenses	-	26	17.8	11.7	13.5
Short-Term Debt	-	50	-	-	-
Current Portion of Long-Term Debt	442.6	51	30.9	111	11.3
Current Portion of Leases	6.3	9	7.5	2.8	2.6
Other Current Liabilities	30.8	2	7.2	3	6
Total Current Liabilities	507.9	179.6	104.8	160.3	43.5
Long-Term Debt	-	251.6	253	4.2	115.2
Long-Term Leases	42.1	56.1	62.4	65.8	67.9
Pension & Post-Retirement Benefits	2.6	3.3	7	8.6	13.4
Other Long-Term Liabilities	29.7	59.6	49.3	20.6	21.6
Total Liabilities	582.3	550.2	476.5	259.5	261.6
Common Stock	59.2	59.2	59.2	59.2	53.7
Additional Paid-In Capital	2,969	2,969	2,969	2,969	2,865
Retained Earnings	-4,051	-3,979	-3,525	-3,556	-3,473
Comprehensive Income & Other	582.4	573.2	573.3	588.7	587.8
Shareholders' Equity	-440.5	-378.1	76.4	60.4	33.3
Total Liabilities & Equity	141.8	172.1	552.9	319.9	294.9
Total Debt	491	417.7	353.8	183.8	197
Net Cash (Debt)	-483.7	-407.4	-182.9	-78.5	-86.5
Net Cash Per Share	-1.15	-0.97	-0.43	-0.19	-0.23
Filing Date Shares Outstanding	420.63	420.63	420.63	420.63	420.63
Total Common Shares Outstanding	420.63	420.63	420.63	420.63	372.41
Working Capital	-465.2	-115.8	155.9	7.2	134.1
Book Value Per Share	-1.05	-0.90	0.18	0.14	0.09
Tangible Book Value	-440.5	-378.1	75.6	59.4	32.4
Tangible Book Value Per Share	-1.05	-0.90	0.18	0.14	0.09
Land	-	-	-	140.9	140.9
Buildings	104.5	104.5	145.4	-	-
Machinery	1,688	1,674	2,180	2,161	2,157
Construction In Progress	42.6	73.8	230	104	69

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