T.S. Lines 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	485.69	422.13	716.34	1,320	868.09
Cash & Short-Term Investments	485.69	422.13	716.34	1,320	868.09
Cash Growth	15.05%	-41.07%	-45.74%	52.07%	-
Accounts Receivable	125.55	122.7	65.7	95.59	220.24
Other Receivables	-	12.4	13.32	20.66	13.02
Receivables	125.55	135.1	79.02	116.25	233.26
Other Current Assets	43.91	26.95	21.72	157.35	25.23
Total Current Assets	655.15	584.19	817.08	1,594	1,127
Property, Plant & Equipment	1,569	1,598	1,181	999.46	998.97
Long-Term Investments	3.39	4.35	6.42	5.46	21.07
Other Intangible Assets	0.63	0.73	0.8	0.11	0
Long-Term Deferred Tax Assets	0.12	0.15	-	-	-
Other Long-Term Assets	230.79	134.63	154.19	174.6	100.19
Total Assets	2,459	2,322	2,160	2,773	2,247
Accounts Payable	180.69	140.27	133.24	189.06	221.82
Current Portion of Long-Term Debt	-	-	-	-	33.23
Current Portion of Leases	46.4	41.25	84.67	160.68	106.01
Current Income Taxes Payable	5.34	4.24	3.74	3.75	8.46
Current Unearned Revenue	2.56	4.11	3.1	4.78	5.01
Other Current Liabilities	-	41.23	30.9	28.79	21.9
Total Current Liabilities	234.98	231.1	255.65	387.06	396.43
Long-Term Debt	-	-	-	-	158.55
Long-Term Leases	103.28	115.38	132.54	227.96	244.16
Long-Term Deferred Tax Liabilities	-	-	-	7.37	-
Total Liabilities	338.26	346.49	388.18	622.4	799.14
Common Stock	277.21	277.21	140	140	140
Retained Earnings	-	1,698	1,632	2,011	1,307
Comprehensive Income & Other	1,843	-0.23	-0.41	-0.59	0.53
Total Common Equity	2,121	1,975	1,771	2,151	1,447
Minority Interest	0.17	0.47	0.16	0.46	0.59
Shareholders' Equity	2,121	1,975	1,772	2,151	1,448
Total Liabilities & Equity	2,459	2,322	2,160	2,773	2,247
Total Debt	149.67	156.63	217.21	388.65	541.95
Net Cash (Debt)	336.01	265.5	499.13	931.48	326.13
Net Cash Growth	26.56%	-46.81%	-46.42%	185.61%	-
Net Cash Per Share	0.20	0.18	0.36	0.67	0.23
Filing Date Shares Outstanding	1,657	1,665	1,400	1,400	1,400
Total Common Shares Outstanding	1,657	1,665	1,400	1,400	1,400
Working Capital	420.17	353.08	561.43	1,207	730.14
Book Value Per Share	1.28	1.19	1.27	1.54	1.03
Tangible Book Value	2,120	1,974	1,771	2,150	1,447
Tangible Book Value Per Share	1.28	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.