Master Drilling Group 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	40.11	34.62	27.85	30.67	22.79
Short-Term Investments	0.59	0.32	0.32	0.29	0.94
Cash & Short-Term Investments	40.71	34.93	28.17	30.96	23.73
Cash Growth	16.52%	24.01%	-9.01%	30.46%	-5.19%
Accounts Receivable	74.09	62.5	65.62	65.77	42.25
Other Receivables	19.18	15.89	7.61	9.26	10.64
Receivables	93.85	79.18	74.15	76.02	53.02
Inventory	54.1	46.87	48.11	46.53	33.55
Prepaid Expenses	3.76	2.19	6.94	7.81	4.64
Other Current Assets	0.81	0.32	0.33	0.25	2.38
Total Current Assets	193.22	163.5	157.7	161.57	117.31
Property, Plant & Equipment	199.09	169.97	165.49	152.27	151.33
Long-Term Investments	7.56	5.57	10.63	10.26	9.72
Goodwill	3.49	2.93	3.04	3.16	2.8
Other Intangible Assets	18.23	16.76	18.04	20.27	2.45
Long-Term Deferred Tax Assets	9.25	8.3	3.35	2.86	1.31
Other Long-Term Assets	-	-	-	-	5.11
Total Assets	434.39	372.99	361.87	351.97	290.13
Accounts Payable	43.86	44.73	39.05	24.25	21.47
Accrued Expenses	30.06	25.89	21.58	29.96	11.47
Short-Term Debt	0.63	0.06	1.89	2.03	0.36
Current Portion of Long-Term Debt	16.2	40.85	4.57	4.7	32.02
Current Portion of Leases	2.41	1.33	1.94	1.77	0.86
Current Income Taxes Payable	12.12	12.46	6.92	7.34	5.44
Current Unearned Revenue	4.33	4.1	2.51	5.63	4.73
Other Current Liabilities	5.11	4.38	6.64	6.49	8.53
Total Current Liabilities	114.73	133.8	85.1	82.17	84.87
Long-Term Debt	44.23	8.79	39.51	41.41	0.14
Long-Term Leases	8.35	5.28	5.21	6.29	4.99
Long-Term Unearned Revenue	0.71	-	4.78	3.27	3.93
Pension & Post-Retirement Benefits	1	0.79	1.29	-	-
Long-Term Deferred Tax Liabilities	13.51	10.25	9.92	13.23	8.64
Other Long-Term Liabilities	10	7.98	7.07	9.52	1.2
Total Liabilities	192.54	166.89	152.89	155.89	103.76
Common Stock	148.86	148.86	149.47	149.37	149.26
Retained Earnings	200.92	175.24	165.17	147.71	137.59
Comprehensive Income & Other	-129.85	-140.34	-129.76	-124.05	-110.32
Total Common Equity	219.93	183.75	184.87	173.02	176.53
Minority Interest	21.92	22.35	24.11	23.06	9.83
Shareholders' Equity	241.85	206.1	208.98	196.08	186.37
Total Liabilities & Equity	434.39	372.99	361.87	351.97	290.13
Total Debt	71.83	56.31	53.13	56.2	38.37
Net Cash (Debt)	-31.13	-21.38	-24.96	-25.24	-14.64
Net Cash Per Share	-0.21	-0.14	-0.16	-0.17	-0.10
Filing Date Shares Outstanding	150.54	150.54	151.48	151.36	151.26
Total Common Shares Outstanding	150.54	150.54	151.48	151.36	151.26
Working Capital	78.5	29.69	72.6	79.4	32.45
Book Value Per Share	1.46	1.22	1.22	1.14	1.17
Tangible Book Value	198.21	164.06	163.79	149.59	171.29
Tangible Book Value Per Share	1.32	1.09	1.08	0.99	1.13
Land	1.52	1.38	1.56	3.44	2.91
Machinery	269.15	235.98	215.76	209.56	203.85
Construction In Progress	15.86	13.8	12.78	4.66	0.76
Order Backlog	-	-	-	-	237.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.