Santos 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	Jun '25 Jun 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	1,830	1,833	1,875	2,352	2,976	1,319
Short-Term Investments	-	-	252	55	-	-
Trading Asset Securities	-	-	-	-	7	-
Cash & Short-Term Investments	1,830	1,833	2,127	2,407	2,983	1,319
Cash Growth	10.31%	-13.82%	-11.63%	-19.31%	126.16%	23.62%
Accounts Receivable	707	450	559	598	745	416
Other Receivables	-	393	373	281	250	167
Receivables	707	843	932	879	995	583
Inventory	415	428	442	443	406	288
Prepaid Expenses	50	77	94	70	82	39
Other Current Assets	62	5	752	1,329	285	467
Total Current Assets	3,064	3,186	4,347	5,128	4,751	2,696
Property, Plant & Equipment	23,400	23,112	21,972	20,494	21,647	12,991
Long-Term Investments	391	393	406	379	403	437
Goodwill	-	1,250	1,250	1,190	1,463	383
Other Intangible Assets	1,263	15	1	-	-	-
Long-Term Accounts Receivable	49	92	179	252	297	106
Long-Term Deferred Tax Assets	1,056	1,017	1,038	1,114	1,299	1,041
Other Long-Term Assets	655	568	502	299	149	2
Total Assets	29,878	29,633	29,756	28,856	30,009	17,656
Accounts Payable	818	459	567	805	867	365
Accrued Expenses	-	88	105	116	99	92
Current Portion of Long-Term Debt	714	687	646	694	889	233
Current Portion of Leases	211	200	189	244	196	121
Current Income Taxes Payable	86	12	7	72	211	31
Current Unearned Revenue	75	79	59	135	106	64
Other Current Liabilities	512	888	1,375	1,406	643	629
Total Current Liabilities	2,416	2,413	2,948	3,472	3,011	1,535
Long-Term Debt	5,234	5,180	4,728	3,979	6,287	4,309
Long-Term Leases	630	621	596	602	677	336
Long-Term Unearned Revenue	130	139	150	160	237	281
Pension & Post-Retirement Benefits	-	17	14	18	20	7
Long-Term Deferred Tax Liabilities	1,731	1,804	1,893	1,960	2,350	904
Other Long-Term Liabilities	4,025	3,922	4,152	3,822	3,817	3,057
Total Liabilities	14,166	14,096	14,481	14,013	16,399	10,429
Common Stock	14,349	14,345	14,339	14,652	15,030	9,013
Retained Earnings	2,335	2,240	1,792	1,153	-419	-865
Comprehensive Income & Other	-972	-1,048	-856	-962	-1,001	-921
Total Common Equity	15,712	15,537	15,275	14,843	13,610	7,227
Shareholders' Equity	15,712	15,537	15,275	14,843	13,610	7,227
Total Liabilities & Equity	29,878	29,633	29,756	28,856	30,009	17,656
Total Debt	6,789	6,688	6,159	5,519	8,049	4,999
Net Cash (Debt)	-4,959	-4,855	-4,032	-3,112	-5,066	-3,680
Net Cash Per Share	-1.53	-1.49	-1.23	-0.93	-2.36	-1.77
Filing Date Shares Outstanding	3,240	3,240	3,239	3,304	3,377	2,077
Total Common Shares Outstanding	3,240	3,240	3,239	3,304	3,377	2,077
Working Capital	648	773	1,399	1,656	1,740	1,161
Book Value Per Share	4.85	4.80	4.72	4.49	4.03	3.48
Tangible Book Value	14,449	14,272	14,024	13,653	12,147	6,844
Tangible Book Value Per Share	4.46	4.40	4.33	4.13	3.60	3.30
Land	397	425	409	413	388	248

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