Mechel PAO 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	483	797	7,227	23,700	17,701
Cash & Short-Term Investments	483	797	7,227	23,700	17,701
Cash Growth	-39.40%	-88.97%	-69.51%	33.89%	937.57%
Accounts Receivable	31,818	37,015	25,934	23,464	23,881
Other Receivables	4,292	6,215	7,890	5,623	5,950
Receivables	36,110	43,230	33,824	29,087	29,831
Inventory	38,694	56,661	72,377	60,271	62,449
Prepaid Expenses	3,617	4,553	5,544	5,737	4,757
Other Current Assets	32	36	187	113	199
Total Current Assets	78,936	105,277	119,159	118,908	114,937
Property, Plant & Equipment	104,567	123,594	123,547	100,066	87,921
Long-Term Investments	395	389	390	339	334
Goodwill	2,552	2,695	3,217	9,582	9,612
Other Intangible Assets	12,360	15,807	17,320	17,914	18,813
Long-Term Deferred Tax Assets	7,373	6,308	2,961	1,077	4,989
Other Long-Term Assets	1,325	2,702	5,262	5,227	924
Total Assets	207,508	256,772	271,856	253,113	237,530
Accounts Payable	28,548	33,018	21,434	19,158	29,058
Accrued Expenses	37,296	26,429	13,492	11,963	14,160
Short-Term Debt	-	-	3,282	-	47
Current Portion of Long-Term Debt	245,328	227,819	111,024	240,946	283,795
Current Portion of Leases	19,161	24,400	7,519	9,514	7,526
Current Income Taxes Payable	664	3,516	2,703	8,652	6,409
Current Unearned Revenue	14,347	11,765	13,955	11,552	14,200
Other Current Liabilities	8,937	9,591	8,197	6,826	8,244
Total Current Liabilities	354,281	336,538	181,606	308,611	363,439
Long-Term Debt	11,371	3,936	119,678	123	1,766
Long-Term Leases	4,235	4,478	16,369	10,291	3,886
Pension & Post-Retirement Benefits	2,073	1,786	3,173	2,947	3,974
Long-Term Deferred Tax Liabilities	2,026	5,227	7,001	8,286	7,548
Other Long-Term Liabilities	12,702	4,647	4,513	5,111	4,195
Total Liabilities	386,688	356,612	332,340	335,369	384,808
Common Stock	4,163	4,163	4,163	4,163	4,163
Additional Paid-In Capital	23,031	23,026	23,024	23,532	23,410
Retained Earnings	-223,272	-144,720	-107,445	-129,766	-192,714
Treasury Stock	-907	-907	-907	-907	-907
Comprehensive Income & Other	612	109	3,061	2,393	2,265
Total Common Equity	-196,373	-118,329	-78,104	-100,585	-163,783
Minority Interest	16,353	17,649	16,780	17,489	15,665
Shareholders' Equity	-179,180	-99,840	-60,484	-82,256	-147,278
Total Liabilities & Equity	207,508	256,772	271,856	253,113	237,530
Total Debt	280,095	260,633	257,872	260,874	297,020
Net Cash (Debt)	-279,612	-259,836	-250,645	-237,174	-279,319
Net Cash Per Share	-690.78	-641.93	-619.22	-585.94	-690.06
Filing Date Shares Outstanding	404.78	404.78	404.78	404.78	404.78
Total Common Shares Outstanding	404.78	404.78	404.78	404.78	404.78
Working Capital	-275,345	-231,261	-62,447	-189,703	-248,502
Book Value Per Share	-485.14	-292.33	-192.96	-248.50	-404.63
Tangible Book Value	-211,285	-136,831	-98,641	-128,081	-192,208
Tangible Book Value Per Share	-521.98	-338.04	-243.69	-316.42	-474.85
Land	2,122	2,069	2,858	2,680	2,782
Buildings	80,705	81,154	82,231	77,404	75,913
Machinery	174,462	171,750	154,888	143,087	135,244
Construction In Progress	19,962	19,465	17,115	10,984	7,571