NOVAQ Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	211.19	212.83	360.26	243.1	209.86
Short-Term Investments	-	-	7.11	6.79	-
Accounts Receivable	236.75	217.33	139.35	74.66	34.28
Other Receivables	328.94	260.95	219.79	62.55	24.06
Inventory	126.7	148.58	152.11	132.79	105.94
Prepaid Expenses	30.76	26	17.49	14.92	8.65
Restricted Cash	78.24	62.19	51.73	80.21	73.02
Other Current Assets	14.92	8.38	0.55	0.72	0.86
Total Current Assets	1,028	936.25	948.39	615.74	456.66
Property, Plant & Equipment	7,335	5,578	3,745	2,883	2,297
Goodwill	-	-	13.15	13.15	-
Other Intangible Assets	105.21	134.06	162.51	190.52	0.05
Long-Term Investments	11.95	55.47	177.78	90.22	-
Long-Term Accounts Receivable	3,930	3,736	2,902	1,486	632.4
Other Long-Term Assets	943.42	901.62	388.3	225.35	201.67
Total Assets	13,354	11,341	8,337	5,504	3,588
Accounts Payable	699.4	355.79	116.14	55.03	39.91
Accrued Expenses	205.08	190	175.13	104.46	51.77
Current Portion of Long-Term Debt	327.23	483.5	214.43	129.79	110.88
Current Unearned Revenue	60.41	50.82	30.17	15.27	3.75
Current Portion of Leases	7.53	4.23	3.25	1.85	1.21
Other Current Liabilities	24.11	10.96	2.83	4.49	3.34
Total Current Liabilities	1,324	1,095	541.95	310.9	210.85
Long-Term Debt	8,133	7,031	5,195	3,141	1,938
Long-Term Leases	18.04	15.64	16.71	18.71	9.95
Long-Term Unearned Revenue	1,044	940.19	585.45	282.55	103.06
Other Long-Term Liabilities	149.4	130.19	110.58	129.46	44.99
Total Liabilities	10,669	9,212	6,449	3,883	2,307
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,785	1,755	1,638	1,649	1,483
Retained Earnings	46.59	-228.58	-364.78	-459.72	-531
Total Common Equity	1,832	1,527	1,273	1,189	951.73
Minority Interest	853.45	602.02	614.37	432.12	328.95
Shareholders' Equity	2,685	2,129	1,887	1,622	1,281
Total Liabilities & Equity	13,354	11,341	8,337	5,504	3,588
Total Debt	8,486	7,534	5,429	3,291	2,060
Net Cash (Debt)	-8,275	-7,321	-5,062	-3,041	-1,850
Net Cash Per Share	-66.60	-61.86	-44.23	-27.43	-21.06
Filing Date Shares Outstanding	125.08	122.48	114.94	113.39	108.07
Total Common Shares Outstanding	125.07	122.47	114.94	113.39	100.41
Working Capital	-296.25	-159.04	406.44	304.85	245.8
Book Value Per Share	14.65	12.47	11.08	10.49	9.48
Tangible Book Value	1,726	1,393	1,097	985.83	951.68
Tangible Book Value Per Share	13.80	11.37	9.55	8.69	9.48
Machinery	7,591	5,584	3,800	2,973	2,338
Construction In Progress	499.02	530.18	329.89	188.52	160.62

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