Pharos Energy 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	40.2	16.5	32.6	45.3	27.1
Cash & Short-Term Investments	40.2	16.5	32.6	45.3	27.1
Cash Growth	143.64%	-49.39%	-28.04%	67.16%	10.16%
Accounts Receivable	14.6	40.5	50.8	33.2	28.1
Other Receivables	4.9	4.8	11.7	29.1	1.5
Receivables	19.5	45.3	62.5	62.3	29.6
Inventory	6.1	9.3	3.3	7.2	10.7
Prepaid Expenses	0.4	2.8	1.9	0.7	-
Other Current Assets	-	0.1	0.1	-	62
Total Current Assets	66.2	74	100.4	115.5	129.4
Property, Plant & Equipment	250.4	273.7	279.8	381.8	399.8
Other Intangible Assets	26.5	21.8	18.2	16.5	12.4
Other Long-Term Assets	59.9	57.8	58.6	59.1	48.1
Total Assets	403	427.3	457	572.9	589.7
Accounts Payable	-	-	-	-	7.9
Accrued Expenses	5.5	6.6	2.9	6.6	16.7
Current Portion of Long-Term Debt	-	-	29.5	39.6	33.3
Current Portion of Leases	-	0.2	0.3	0.3	-
Current Income Taxes Payable	1.6	3.2	5.8	5.2	5.4
Other Current Liabilities	9	7.7	9.6	7.4	14.5
Total Current Liabilities	16.1	17.7	48.1	59.1	77.8
Long-Term Debt	-	-	11	34.6	47.2
Long-Term Leases	-	-	0.2	0.5	-
Long-Term Deferred Tax Liabilities	46.5	62.6	68.2	92.9	91.2
Other Long-Term Liabilities	56.5	51.3	54.3	55.2	69.1
Total Liabilities	119.1	131.6	181.8	242.3	285.3
Common Stock	32.4	33.1	33.7	34.3	34.9
Additional Paid-In Capital	58	58	58	58	58
Retained Earnings	-111	-58.6	-77	-20.4	-44.1
Treasury Stock	-0.6	-41.3	-42.6	-42.7	-44.3
Comprehensive Income & Other	305.1	304.5	303.1	301.4	299.9
Shareholders' Equity	283.9	295.7	275.2	330.6	304.4
Total Liabilities & Equity	403	427.3	457	572.9	589.7
Total Debt	-	0.2	41	75	80.5
Net Cash (Debt)	40.2	16.3	-8.4	-29.7	-53.4
Net Cash Growth	146.63%	-	-	-	-
Net Cash Per Share	0.10	0.04	-0.02	-0.07	-0.12
Filing Date Shares Outstanding	414.12	410.58	419.13	420.42	440.79
Total Common Shares Outstanding	414.12	411.27	420.78	430.55	440.79
Working Capital	50.1	56.3	52.3	56.4	51.6
Book Value Per Share	0.69	0.72	0.65	0.77	0.69
Tangible Book Value	257.4	273.9	257	314.1	292
Tangible Book Value Per Share	0.62	0.67	0.61	0.73	0.66
Machinery	1.3	1.3	1.3	1.1	0.9

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