Acerinox Balance Sheet

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

Millions EUR. 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	969.89	1,263	1,794	1,548	1,275
Short-Term Investments	11.87	86.79	27.68	51.53	15.35
Cash & Short-Term Investments	981.76	1,350	1,821	1,600	1,290
Cash Growth	-27.26%	-25.90%	13.87%	23.97%	37.30%
Accounts Receivable	471.96	546.42	555.89	570.17	767.63
Other Receivables	103	90.51	83.89	90.44	82.27
Receivables	574.97	636.93	639.78	660.6	849.9
Inventory	1,679	2,062	1,861	2,156	1,777
Other Current Assets	2.33	4.5	-	-	-
Total Current Assets	3,238	4,053	4,322	4,416	3,917
Property, Plant & Equipment	1,902	1,875	1,491	1,666	1,835
Long-Term Investments	0.67	0.8	15	30.97	16.01
Goodwill	164.49	179.35	51.06	51.06	51.06
Other Intangible Assets	107.54	126.67	32.1	34.62	38.08
Long-Term Deferred Tax Assets	142.4	177.68	169.27	101.23	105.85
Long-Term Deferred Charges	10.43	9.77	9.24	8.81	8.5
Other Long-Term Assets	54.88	45.15	9.67	9.92	13.22
Total Assets	5,621	6,467	6,099	6,318	5,984
Accounts Payable	621.97	671.71	794.92	1,021	1,318
Accrued Expenses	106.18	104.27	108.51	108.66	96.14
Current Portion of Long-Term Debt	836.97	918.74	843.73	594.49	490.42
Current Portion of Leases	5.56	4.83	4.37	4.79	-
Current Income Taxes Payable	21.01	46.53	12.6	58.3	23.47
Other Current Liabilities	122.37	130.84	138.31	159.63	39.48
Total Current Liabilities	1,714	1,877	1,902	1,947	1,968
Long-Term Debt	1,322	1,464	1,291	1,394	1,368
Long-Term Leases	16.53	13.05	14.46	10.66	12.54
Long-Term Unearned Revenue	29.36	45.89	36.35	27.47	18.68
Pension & Post-Retirement Benefits	182.47	197.47	146.87	134.09	175.12
Long-Term Deferred Tax Liabilities	222.48	248.28	205.9	227.78	200.05
Other Long-Term Liabilities	36.48	46.19	38.47	29.29	27.15
Total Liabilities	3,523	3,892	3,636	3,770	3,769
Common Stock	62.33	62.33	62.33	64.93	67.64
Additional Paid-In Capital	0.27	0.27	0.27	0.27	0.27
Retained Earnings	2,178	2,374	2,308	2,323	2,094
Treasury Stock	-0.1	-0.25	-1.06	-90.73	-10.25
Comprehensive Income & Other	-176.16	90.74	38.76	177.08	3.31
Total Common Equity	2,064	2,527	2,408	2,474	2,155
Minority Interest	33.66	47.75	54.7	73.6	59.82
Shareholders' Equity	2,098	2,575	2,463	2,548	2,215
Total Liabilities & Equity	5,621	6,467	6,099	6,318	5,984
Total Debt	2,181	2,401	2,154	2,004	1,871
Net Cash (Debt)	-1,199	-1,051	-332.34	-404.39	-580.92
Net Cash Per Share	-4.81	-4.22	-1.33	-1.57	-2.15
Filing Date Shares Outstanding	249.33	249.31	249.23	249.33	269.64
Total Common Shares Outstanding	249.33	249.31	249.23	249.33	269.64
Working Capital	1,524	2,176	2,419	2,469	1,949
Book Value Per Share	8.28	10.14	9.66	9.92	7.99
Tangible Book Value	1,792	2,221	2,325	2,388	2,066
Tangible Book Value Per Share	7.19	8.91	9.33	9.58	7.66
Land	948.49	970.41	1,009	1,016	978.12
Machinery	4,558	4,776	4,708	4,787	4,566
Construction In Progress	343.03	217.33	125.48	71.85	51.67

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