Severstal Balance Sheet

Financials in millions RUB. Fiscal year is January - December.

Millions RUB. 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	38,394	128,571	373,568	186,219	31,367
Short-Term Investments	15,363	8,462	2,883	1,776	600.32
Cash & Short-Term Investments	53,757	137,033	376,451	187,995	31,967
Cash Growth	-60.77%	-63.60%	100.25%	488.09%	-26.61%
Accounts Receivable	35,611	44,923	38,411	37,213	41,572
Other Receivables	18,542	20,568	14,737	14,487	12,982
Receivables	54,153	65,491	53,148	51,700	54,554
Inventory	113,019	133,535	128,955	89,134	105,956
Other Current Assets	10,906	18,026	10,215	12,575	46,825
Total Current Assets	231,835	354,085	568,769	341,404	239,303
Property, Plant & Equipment	575,725	468,286	379,447	342,342	371,898
Long-Term Investments	9,808	9,386	14,782	14,621	13,957
Goodwill	3,441	3,657	272	236	675.36
Other Intangible Assets	22,596	20,088	16,574	16,706	19,360
Long-Term Deferred Tax Assets	9,337	4,815	3,555	6,361	4,502
Other Long-Term Assets	484	1,463	3,802	4,961	750.4
Total Assets	853,226	861,780	987,201	726,631	650,447
Accounts Payable	75,517	81,135	54,999	40,915	65,585
Accrued Expenses	34,893	33,103	32,532	27,599	21,762
Short-Term Debt	24,257	23,697	27,030	22,575	5,628
Current Portion of Long-Term Debt	56,272	51,372	107,757	20,381	51,102
Current Portion of Leases	1,918	2,037	1,781	1,731	900.48
Current Income Taxes Payable	173	612	998	264	2,626
Current Unearned Revenue	-	736	2,756	-	-
Other Current Liabilities	49,399	53,267	51,373	38,555	49,076
Total Current Liabilities	242,429	245,959	279,226	152,020	196,680
Long-Term Debt	3,787	57,131	55,348	81,206	85,170
Long-Term Leases	10,625	8,425	8,225	8,722	8,029
Long-Term Unearned Revenue	1,075	1,075	1,075	1,075	-
Pension & Post-Retirement Benefits	3,166	2,787	2,988	3,387	3,452
Long-Term Deferred Tax Liabilities	56,725	47,859	30,328	48,814	34,068
Other Long-Term Liabilities	7,112	2,020	1,714	5,693	7,204
Total Liabilities	324,919	365,256	378,904	300,917	334,603
Common Stock	81,081	81,081	81,081	81,081	206,585
Additional Paid-In Capital	6,953	6,953	6,953	6,953	23,112
Retained Earnings	440,505	408,674	518,282	324,391	275,622
Comprehensive Income & Other	-1,399	-1,348	815	12,375	-190,677
Total Common Equity	527,140	495,360	607,131	424,800	314,643
Minority Interest	1,167	1,164	1,166	914	1,201
Shareholders' Equity	528,307	496,524	608,297	425,714	315,843
Total Liabilities & Equity	853,226	861,780	987,201	726,631	650,447
Total Debt	96,859	142,662	200,141	134,615	150,830
Net Cash (Debt)	-43,102	-5,629	176,310	53,380	-118,863
Net Cash Growth	-	-	230.29%	-	-
Net Cash Per Share	-51.43	-6.72	210.39	63.70	-142.52
Filing Date Shares Outstanding	837.72	837.72	837.72	838	837.72
Total Common Shares Outstanding	837.72	837.72	837.72	838	837.72
Working Capital	-10,594	108,126	289,543	189,384	42,623
Book Value Per Share	629.26	591.32	724.74	506.92	375.59
Tangible Book Value	501,103	471,615	590,285	407,858	294,607
Tangible Book Value Per Share	598.18	562.98	704.63	486.70	351.68
Land	204,456	171,341	146,262	127,271	120,439
Machinery	536,933	483,423	437,432	393,902	363,869
Construction In Progress	197,557	120,974	77,216	79,130	86,071

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