T.S. Lines 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
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
Cash & Equivalents	585.8	422.13	716.34	1,320	868.09
Cash & Short-Term Investments	585.8	422.13	716.34	1,320	868.09
Cash Growth	-55.63%	-41.07%	-45.74%	52.07%	-
Accounts Receivable	104.17	122.7	65.7	95.59	220.24
Other Receivables	21.06	12.4	13.32	20.66	13.02
Receivables	125.24	135.1	79.02	116.25	233.26
Other Current Assets	22.36	26.95	21.72	157.35	25.23
Total Current Assets	733.4	584.19	817.08	1,594	1,127
Property, Plant & Equipment	1,621	1,598	1,181	999.46	998.97
Long-Term Investments	2.59	4.35	6.42	5.46	21.07
Other Intangible Assets	0.68	0.73	0.8	0.11	0
Long-Term Deferred Tax Assets	0.13	0.15	-	-	-
Other Long-Term Assets	155.68	134.63	154.19	174.6	100.19
Total Assets	2,513	2,322	2,160	2,773	2,247
Accounts Payable	140.58	140.27	133.24	189.06	221.82
Current Portion of Long-Term Debt	-	-	-	-	33.23
Current Portion of Leases	52.48	41.25	84.67	160.68	106.01
Current Income Taxes Payable	5.26	4.24	3.74	3.75	8.46
Current Unearned Revenue	2.69	4.11	3.1	4.78	5.01
Other Current Liabilities	207.81	41.23	30.9	28.79	21.9
Total Current Liabilities	408.83	231.1	255.65	387.06	396.43
Long-Term Debt	-	-	-	-	158.55
Long-Term Leases	124.1	115.38	132.54	227.96	244.16
Long-Term Deferred Tax Liabilities	-	-	-	7.37	-
Total Liabilities	532.93	346.49	388.18	622.4	799.14
Common Stock	277.21	277.21	140	140	140
Retained Earnings	1,703	1,698	1,632	2,011	1,307
Comprehensive Income & Other	-0.35	-0.23	-0.41	-0.59	0.53
Total Common Equity	1,980	1,975	1,771	2,151	1,447
Minority Interest	0.19	0.47	0.16	0.46	0.59
Shareholders' Equity	1,980	1,975	1,772	2,151	1,448
Total Liabilities & Equity	2,513	2,322	2,160	2,773	2,247
Total Debt	176.59	156.63	217.21	388.65	541.95
Net Cash (Debt)	409.21	265.5	499.13	931.48	326.13
Net Cash Growth	-56.07%	-46.81%	-46.42%	185.61%	-
Net Cash Per Share	0.26	0.18	0.36	0.67	0.23
Filing Date Shares Outstanding	1,665	1,665	1,400	1,400	1,400
Total Common Shares Outstanding	1,665	1,665	1,400	1,400	1,400
Working Capital	324.57	353.08	561.43	1,207	730.14
Book Value Per Share	1.19	1.19	1.27	1.54	1.03
Tangible Book Value	1,979	1,974	1,771	2,150	1,447
Tangible Book Value Per Share	1.19	1.19	1.26	1.54	1.03
Land	-	3.09	3.52	3.61	3.83
Machinery	-	1,665	1,108	570.07	595.11
Leasehold Improvements	-	0.47	0.36	0.29	0.49

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