Magnitogorsk Iron & Steel Works (MOEX: MAGN)

MAGN Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	123,076	161,809	144,214	843	858	1,105
Short-Term Investments	4,217	4,904	2,563	521	200	-
Trading Asset Securities	-	-	-	7	7	8
Cash & Short-Term Investments	127,293	166,713	146,777	1,371	1,065	1,113
Cash Growth	-15.98%	13.58%	10605.84%	28.73%	-4.31%	49.20%
Accounts Receivable	96,817	77,650	53,511	1,060	505	511
Other Receivables	1,848	6,146	-319	90	84	89
Receivables	98,665	83,796	53,192	1,150	589	600
Inventory	131,626	128,259	101,580	1,606	1,128	1,216
Prepaid Expenses	2,389	2,168	1,869	28	27	20
Other Current Assets	17,020	16,788	12,458	82	42	42
Total Current Assets	376,993	397,724	315,876	4,237	2,851	2,991
Property, Plant & Equipment	507,951	490,298	410,649	5,368	4,549	5,187
Long-Term Investments	409	409	492	7	3	4
Other Intangible Assets	4,419	3,824	2,645	38	40	47
Long-Term Deferred Tax Assets	4,180	4,507	3,795	65	49	55
Other Long-Term Assets	4,957	5,240	4,328	-	-	-
Total Assets	898,909	902,002	737,785	9,715	7,492	8,284
Accounts Payable	127,609	74,074	46,709	848	620	539
Accrued Expenses	206	20,347	11,878	170	105	134
Short-Term Debt	27,287	30,162	52,003	374	351	112
Current Portion of Long-Term Debt	1,057	27,542	1,059	59	60	221
Current Portion of Leases	319	284	184	3	3	1
Current Income Taxes Payable	1,764	3,245	88	64	18	6
Current Unearned Revenue	2,946	19,715	20,961	284	243	189
Other Current Liabilities	1,305	8,372	6,389	481	425	363
Total Current Liabilities	162,493	183,741	139,271	2,283	1,825	1,565
Long-Term Debt	12,259	12,624	20,249	528	548	527
Long-Term Leases	1,826	1,910	1,106	7	8	9
Long-Term Deferred Tax Liabilities	32,760	31,367	33,561	455	365	410
Other Long-Term Liabilities	7,423	7,656	6,993	96	127	233
Total Liabilities	218,103	238,693	202,351	3,385	2,891	2,765
Common Stock	9,483	9,483	9,483	386	386	386
Additional Paid-In Capital	23,754	23,754	23,754	969	969	969
Retained Earnings	617,410	597,778	478,665	11,281	9,522	9,600
Comprehensive Income & Other	29,069	31,004	21,439	-6,328	-6,295	-5,458
Total Common Equity	679,716	662,019	533,341	6,308	4,582	5,497
Minority Interest	1,090	1,290	2,093	22	19	22
Shareholders' Equity	680,806	663,309	535,434	6,330	4,601	5,519
Total Liabilities & Equity	898,909	902,002	737,785	9,715	7,492	8,284
Total Debt	42,748	72,522	74,601	971	970	870
Net Cash (Debt)	84,545	94,191	72,176	400	95	243
Net Cash Growth	-0.27%	30.50%	17944.00%	321.05%	-60.91%	15.71%
Net Cash Per Share	7.57	8.43	6.46	0.04	0.01	0.02
Filing Date Shares Outstanding	11,174	11,174	11,174	11,174	11,174	11,174
Total Common Shares Outstanding	11,174	11,174	11,174	11,174	11,174	11,174
Working Capital	214,500	213,983	176,605	1,954	1,026	1,426
Book Value Per Share	60.83	59.24	47.73	0.56	0.41	0.49
Tangible Book Value	675,297	658,195	530,696	6,270	4,542	5,450
Tangible Book Value Per Share	60.43	58.90	47.49	0.56	0.41	0.49
Land	273,582	270,075	230,144	2,977	2,913	3,219
Machinery	560,850	553,846	498,834	6,461	6,218	6,964
Construction In Progress	175,295	160,093	126,603	1,419	840	994

Source: S&P Capital IQ. Standard template. Financial Sources.