OKEA ASA Balance Sheet

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

Millions USD. 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	251.51	288.81	226.93	112.06	231.41
Short-Term Investments	56.88	22.37	-	-	23.83
Cash & Short-Term Investments	308.39	311.18	226.93	112.06	255.25
Cash Growth	-0.90%	37.12%	102.51%	-56.10%	151.12%
Accounts Receivable	63.16	112.21	73.75	126.54	88.62
Other Receivables	31.08	22.37	10.17	2.14	10.39
Receivables	94.24	134.59	83.92	128.67	99.02
Inventory	78.71	68.4	85.23	81.24	28.75
Prepaid Expenses	7.92	8.76	9.95	8.02	5.48
Other Current Assets	71.07	56.94	33.74	40.32	24.53
Total Current Assets	560.32	579.86	439.77	370.31	413.03
Property, Plant & Equipment	694.14	614.97	735.18	693.24	559.6
Goodwill	91.25	142.07	226.37	131.61	87.28
Other Intangible Assets	34.22	16.52	20.76	18.71	1.22
Other Long-Term Assets	435.69	389.41	402.29	371.71	343.31
Total Assets	1,816	1,743	1,824	1,586	1,404
Accounts Payable	35.01	40.48	19.43	12.79	13.36
Accrued Expenses	67.69	67.09	50.81	51.99	27.81
Short-Term Debt	-	-	0.15	0.14	0.16
Current Portion of Long-Term Debt	-	-	4.93	4.66	4.38
Current Portion of Leases	3.67	4.25	4.95	5.04	4.88
Current Income Taxes Payable	25.55	143.44	211.16	48.4	87.74
Other Current Liabilities	245.35	186.82	245.07	167.01	64.64
Total Current Liabilities	377.27	442.08	536.49	290.04	202.97
Long-Term Debt	295.22	246.43	164.98	166.53	312.11
Long-Term Leases	12.54	12.95	17.61	21.56	25
Pension & Post-Retirement Benefits	6.87	5.42	5.97	4.39	4.24
Long-Term Deferred Tax Liabilities	103.94	110.81	87.59	287.77	197.02
Other Long-Term Liabilities	962.57	827.29	940.16	604.36	469.15
Total Liabilities	1,758	1,645	1,753	1,375	1,210
Common Stock	1.23	1.23	1.02	1.05	1.18
Additional Paid-In Capital	180.62	180.62	139.98	165.17	218.83
Retained Earnings	-76.46	-21.9	-71.34	42.75	-28.21
Comprehensive Income & Other	-48.19	-62.09	1.89	1.94	2.16
Total Common Equity	57.2	97.86	71.56	210.92	193.96
Shareholders' Equity	57.2	97.86	71.56	210.92	193.96
Total Liabilities & Equity	1,816	1,743	1,824	1,586	1,404
Total Debt	311.43	263.63	192.62	197.93	346.54
Net Cash (Debt)	-3.04	47.56	34.32	-85.87	-91.29
Net Cash Growth	-	38.57%	-	-	-
Net Cash Per Share	-0.03	0.46	0.33	-0.83	-0.89
Filing Date Shares Outstanding	103.91	103.91	103.91	103.91	103.87
Total Common Shares Outstanding	103.91	103.91	103.91	103.91	103.87
Working Capital	183.05	137.79	-96.71	80.27	210.06
Book Value Per Share	0.55	0.94	0.69	2.03	1.87
Tangible Book Value	-68.27	-60.74	-175.57	60.61	105.46
Tangible Book Value Per Share	-0.66	-0.58	-1.69	0.58	1.02
Machinery	5.8	7.96	8.68	5.34	2.33

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