Oil Refineries Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	617	752	763	751.06	637.73	809.7
Short-Term Investments	-	2	67	54.7	31.69	4.49
Cash & Short-Term Investments	617	754	830	805.76	669.42	814.19
Cash Growth	-	-9.16%	3.01%	20.37%	-17.78%	62.38%
Accounts Receivable	282	593	620	588.87	595.33	370.51
Other Receivables	151	-	54	26.87	27.46	17.01
Receivables	433	596	690	628.1	633.8	393.59
Inventory	681	711	769	749.9	730.67	354.68
Prepaid Expenses	-	14	12	8.53	5.65	5.21
Other Current Assets	10	9	19	28.75	22.2	8.99
Total Current Assets	1,741	2,084	2,320	2,221	2,062	1,577
Property, Plant & Equipment	2,273	2,271	2,233	2,206	2,156	2,203
Long-Term Investments	113	24	27	25.99	16.33	1.35
Other Intangible Assets	32	31	29	23.81	19.98	23.03
Long-Term Deferred Tax Assets	-	9	4	-	-	-
Other Long-Term Assets	65	14	22	23.44	97.57	77.55
Total Assets	4,243	4,452	4,657	4,527	4,387	3,920
Accounts Payable	668	866	839	739.65	791.42	748.17
Accrued Expenses	-	64	66	76.89	114.62	71.1
Short-Term Debt	-	14	13	-	-	1.94
Current Portion of Long-Term Debt	202	204	260	266.28	303.9	202.43
Current Portion of Leases	-	22	14	5.34	7.49	10.44
Current Income Taxes Payable	-	45	101	13.01	16.93	-
Current Unearned Revenue	-	23	23	46.87	40.25	-
Other Current Liabilities	187	60	78	114.58	93.19	159.73
Total Current Liabilities	1,057	1,298	1,394	1,263	1,368	1,194
Long-Term Debt	1,205	927	941	1,072	1,272	1,314
Long-Term Leases	-	107	105	95.38	98.25	100.86
Pension & Post-Retirement Benefits	45	54	53	55.59	75.27	67.78
Long-Term Deferred Tax Liabilities	252	266	262	272.71	197.34	157.49
Other Long-Term Liabilities	6	36	45	24.37	3.29	6.38
Total Liabilities	2,565	2,688	2,800	2,783	3,014	2,840
Common Stock	811	811	811	807.85	807.6	807.6
Additional Paid-In Capital	31	31	31	125.71	32.76	32.76
Retained Earnings	836	909	970	810.39	478.8	227.49
Comprehensive Income & Other	-	13	45	-	53.44	11.75
Shareholders' Equity	1,678	1,764	1,857	1,744	1,373	1,080
Total Liabilities & Equity	4,243	4,452	4,657	4,527	4,387	3,920
Total Debt	1,407	1,274	1,333	1,439	1,682	1,630
Net Cash (Debt)	-790	-520	-503	-633.15	-1,012	-815.58
Net Cash Per Share	-0.25	-0.17	-0.16	-0.20	-0.32	-0.26
Filing Date Shares Outstanding	3,067	3,139	3,188	3,206	3,206	3,206
Total Common Shares Outstanding	3,067	3,139	3,188	3,206	3,206	3,206
Working Capital	684	786	926	958.4	693.93	382.86
Book Value Per Share	0.55	0.56	0.58	0.54	0.43	0.34
Tangible Book Value	1,646	1,733	1,828	1,720	1,353	1,057
Tangible Book Value Per Share	0.54	0.55	0.57	0.54	0.42	0.33
Land	-	135	132	127.11	126.03	123.2
Machinery	-	4,410	4,286	4,155	4,091	4,008

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