MCEM 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	33.2	43.32	49.07	53.99	53.72
Short-Term Investments	33.52	17.62	4.42	-	-
Cash & Short-Term Investments	66.72	60.94	53.49	53.99	53.72
Cash Growth	9.49%	13.92%	-0.92%	0.50%	75.41%
Accounts Receivable	29.38	23.22	25.79	22.53	22.77
Receivables	29.38	23.22	25.79	22.53	22.77
Inventory	70.65	67.53	58.94	46.68	42.56
Prepaid Expenses	2.41	1.17	2.04	2.99	0.83
Restricted Cash	6.52	5.49	3.79	1.92	-
Other Current Assets	0.6	0.69	0.52	1.87	0.83
Total Current Assets	176.28	159.05	144.58	129.97	120.72
Property, Plant & Equipment	183.96	170.27	147.94	123.66	104.63
Long-Term Investments	114.71	110.42	72.78	55.8	67.49
Goodwill	3.8	4.9	4.9	4.9	4.9
Other Long-Term Assets	14.35	13.66	11.15	9.85	0.06
Total Assets	493.1	458.29	381.34	324.19	297.8
Accounts Payable	8.44	6.66	10.47	8.4	8.76
Accrued Expenses	5.44	4.91	6.53	7.45	5.37
Current Income Taxes Payable	0.73	3.41	6.73	0.55	1
Other Current Liabilities	3.1	2.82	2.5	2.26	2.07
Total Current Liabilities	17.71	17.81	26.23	18.67	17.21
Pension & Post-Retirement Benefits	10.87	10.54	11.37	11.13	15.86
Long-Term Deferred Tax Liabilities	33.57	25.81	9.4	6.5	4.31
Other Long-Term Liabilities	0.19	0.2	0.22	0.21	-
Total Liabilities	62.34	54.36	47.23	36.5	37.37
Common Stock	9.34	9.39	9.18	9.27	9.4
Additional Paid-In Capital	28.69	28.69	4.05	4.05	2.49
Retained Earnings	394.42	368.51	326	280.3	264.64
Comprehensive Income & Other	-1.69	-2.66	-5.11	-5.93	-16.1
Shareholders' Equity	430.76	403.93	334.12	287.69	260.42
Total Liabilities & Equity	493.1	458.29	381.34	324.19	297.8
Net Cash (Debt)	66.72	60.94	53.49	53.99	53.72
Net Cash Growth	9.49%	13.92%	-0.92%	0.50%	79.82%
Net Cash Per Share	17.80	16.62	14.46	14.35	14.23
Filing Date Shares Outstanding	3.74	3.76	3.67	3.71	3.76
Total Common Shares Outstanding	3.74	3.76	3.67	3.71	3.76
Working Capital	158.57	141.24	118.35	111.31	103.51
Book Value Per Share	115.28	107.51	90.99	77.57	69.23
Tangible Book Value	426.96	399.03	329.22	282.79	255.52
Tangible Book Value Per Share	114.26	106.21	89.66	76.25	67.92
Land	18.36	16.21	13.98	13.15	12.61
Buildings	58.62	59.86	59.43	39.28	38.53
Machinery	311.7	300.19	307.47	307.04	297.6
Construction In Progress	102.42	91.11	67.45	58.63	38.82

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