Novolipetsk Steel 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	115,018	87,683	204,633	125,378	40,227
Short-Term Investments	59,152	60,478	78,447	7,100	19,259
Cash & Short-Term Investments	174,170	148,161	283,080	132,478	59,486
Cash Growth	17.55%	-47.66%	113.68%	122.70%	-22.13%
Accounts Receivable	147,709	141,250	125,189	108,970	108,465
Other Receivables	-	20,583	16,497	13,702	15,886
Receivables	147,709	161,833	141,686	122,672	124,351
Inventory	151,137	179,241	156,119	143,819	196,815
Other Current Assets	1,927	17,051	16,757	11,509	19,050
Total Current Assets	474,943	506,286	597,642	410,478	399,702
Property, Plant & Equipment	577,097	556,492	485,265	476,628	459,396
Long-Term Investments	23,802	29,066	4,903	32,059	4,795
Goodwill	15,602	16,113	16,031	15,578	15,693
Other Intangible Assets	14,870	12,976	12,683	11,071	10,072
Long-Term Deferred Tax Assets	19,266	5,120	7,037	4,487	13,210
Other Long-Term Assets	4,501	4,817	191	293	480
Total Assets	1,130,081	1,130,870	1,123,752	950,594	903,348
Accounts Payable	110,389	68,720	68,524	64,306	72,556
Accrued Expenses	-	12,926	11,079	7,436	17,851
Short-Term Debt	57,497	5,402	26,307	-	-
Current Portion of Long-Term Debt	-	-	-	69,744	111,758
Current Income Taxes Payable	3,225	2,723	1,888	8,272	6,546
Other Current Liabilities	295	50,203	47,294	37,465	37,350
Total Current Liabilities	171,406	139,974	155,092	187,223	246,061
Long-Term Debt	12,094	63,538	56,967	88,966	140,363
Long-Term Leases	-	8,604	8,931	8,093	5,381
Long-Term Deferred Tax Liabilities	60,848	52,176	36,161	38,583	30,674
Other Long-Term Liabilities	1,300	6,665	2,752	1,294	2,389
Total Liabilities	245,648	270,957	259,903	324,159	424,868
Common Stock	5,993	5,993	5,993	5,993	5,993
Additional Paid-In Capital	419	419	553	553	553
Retained Earnings	880,655	817,550	848,179	639,148	473,093
Comprehensive Income & Other	-2,816	35,324	8,651	-21,695	-3,209
Total Common Equity	884,251	859,286	863,376	623,999	476,430
Minority Interest	182	627	473	2,436	2,050
Shareholders' Equity	884,433	859,913	863,849	626,435	478,480
Total Liabilities & Equity	1,130,081	1,130,870	1,123,752	950,594	903,348
Total Debt	69,591	77,544	92,205	166,803	257,502
Net Cash (Debt)	104,579	70,617	190,875	-34,325	-198,016
Net Cash Growth	48.09%	-63.00%	-	-	-
Net Cash Per Share	17.45	11.78	31.85	-5.73	-33.04
Filing Date Shares Outstanding	5,993	5,993	5,993	5,993	5,993
Total Common Shares Outstanding	5,993	5,993	5,993	5,993	5,993
Working Capital	303,537	366,312	442,550	223,255	153,641
Book Value Per Share	147.54	143.38	144.06	104.12	79.49
Tangible Book Value	853,779	830,197	834,662	597,350	450,665
Tangible Book Value Per Share	142.46	138.52	139.27	99.67	75.20
Land	-	8,114	8,121	8,539	8,584
Buildings	-	323,285	310,360	342,729	331,199
Machinery	-	583,233	531,121	520,418	523,409
Construction In Progress	-	210,189	159,176	133,674	109,019

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