PAO TMK 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	95,772	120,996	69,572	44,176	96,340
Cash & Short-Term Investments	95,772	120,996	69,572	44,176	96,340
Cash Growth	-20.85%	73.91%	57.49%	-54.15%	31.91%
Accounts Receivable	81,887	110,803	103,107	130,741	93,673
Other Receivables	-	8,939	5,049	21,967	1,615
Receivables	81,887	119,923	108,618	156,579	100,777
Inventory	79,521	103,333	113,438	102,378	114,437
Prepaid Expenses	9,638	17,158	17,197	30,640	10,678
Other Current Assets	1,545	1,106	3,650	1,966	26,210
Total Current Assets	268,363	362,516	312,475	335,739	348,442
Property, Plant & Equipment	230,453	236,539	189,409	187,731	225,278
Long-Term Investments	15,196	9,600	7,485	1,539	1,106
Goodwill	38,710	40,853	35,787	35,978	49,392
Other Intangible Assets	11,049	11,865	12,354	13,422	21,525
Long-Term Accounts Receivable	-	-	-	-	19,732
Long-Term Deferred Tax Assets	29,545	21,999	12,442	11,602	13,340
Other Long-Term Assets	3,181	8,409	12,877	13,104	15,651
Total Assets	596,497	692,913	584,874	600,123	694,577
Accounts Payable	83,483	93,721	79,852	76,585	66,418
Accrued Expenses	-	24,274	11,269	16,091	32,069
Short-Term Debt	-	-	-	-	32,936
Current Portion of Long-Term Debt	144,888	122,269	149,058	117,132	71,590
Current Portion of Leases	1,742	1,404	1,073	796	950
Current Income Taxes Payable	556	578	180	984	1,138
Current Unearned Revenue	32,687	58,465	40,564	83,635	-
Other Current Liabilities	26,756	28,711	17,661	20,608	112,438
Total Current Liabilities	290,112	329,422	299,657	315,831	317,539
Long-Term Debt	245,656	259,465	170,515	166,057	236,563
Long-Term Leases	3,410	4,813	5,114	3,807	4,491
Long-Term Unearned Revenue	1,571	16,585	996	-	-
Pension & Post-Retirement Benefits	-	-	-	1,594	1,809
Long-Term Deferred Tax Liabilities	15,117	18,878	14,790	15,790	20,379
Other Long-Term Liabilities	8,035	6,510	7,088	28,879	63,895
Total Liabilities	563,901	635,673	498,160	531,958	644,676
Common Stock	10,520	10,520	10,331	10,331	10,331
Additional Paid-In Capital	19,449	18,754	14,780	14,780	14,842
Retained Earnings	2,984	24,085	57,981	40,521	14,862
Comprehensive Income & Other	763	973	858	141	7,833
Total Common Equity	33,716	54,332	83,950	65,773	47,868
Minority Interest	-1,120	2,908	2,764	2,392	2,033
Shareholders' Equity	32,596	57,240	86,714	68,165	49,901
Total Liabilities & Equity	596,497	692,913	584,874	600,123	694,577
Total Debt	395,696	387,951	325,760	287,792	346,530
Net Cash (Debt)	-299,924	-266,955	-256,188	-243,616	-250,190
Net Cash Per Share	-285.15	-255.17	-247.97	-235.80	-242.17
Filing Date Shares Outstanding	1,052	1,052	1,033	1,033	1,033
Total Common Shares Outstanding	1,052	1,052	1,033	1,033	1,033
Working Capital	-21,749	33,094	12,818	19,908	30,903
Book Value Per Share	32.06	51.65	81.26	63.66	46.33
Tangible Book Value	-16,043	1,614	35,809	16,373	-23,049
Tangible Book Value Per Share	-15.26	1.53	34.66	15.85	-22.31
Land	-	142,494	130,659	128,991	136,655
Machinery	-	210,476	171,230	165,021	206,685
Construction In Progress	-	31,976	20,335	13,005	12,056

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.