Arctic Paper S.A. (STO:ARP)

Arctic Paper Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	230.5	287.58	500.45	481.93	167.93	255.56
Cash & Short-Term Investments	230.5	287.58	500.45	481.93	167.93	255.56
Cash Growth	-49.65%	-42.54%	3.84%	186.99%	-34.29%	-3.88%
Accounts Receivable	477.13	360.74	364.42	503.39	359.16	253.98
Other Receivables	34.89	84.19	51.85	0.63	51.78	48.77
Receivables	512.01	444.93	416.27	504.02	410.94	302.75
Inventory	516.42	495.04	444.93	601.21	402.87	365.49
Other Current Assets	39.64	37.08	68.97	295.46	105.78	18.34
Total Current Assets	1,299	1,265	1,431	1,883	1,088	942.14
Property, Plant & Equipment	1,486	1,419	1,166	1,125	1,155	1,085
Long-Term Investments	5.17	5.06	4.89	4.26	2.94	1.68
Goodwill	8.12	7.84	8.23	8.85	9.42	9.66
Other Intangible Assets	48.9	38.2	58.46	63.9	56.67	43.25
Long-Term Deferred Tax Assets	6.23	6.45	3.18	5.2	14.3	25.12
Other Long-Term Assets	15.53	15.71	51.32	164.66	63.14	29.68
Total Assets	2,869	2,757	2,723	3,254	2,389	2,137
Accounts Payable	456.53	405.47	412.92	551.21	476.1	349.38
Accrued Expenses	102.29	111.95	115.82	133.17	121.11	115.18
Short-Term Debt	-	-	0.16	8.06	0.18	0.19
Current Portion of Long-Term Debt	266.17	52.65	43.86	35.39	87.63	138.47
Current Portion of Leases	-	4.76	4.72	-	8.85	9.77
Current Income Taxes Payable	0.42	17.93	29.49	55.04	3.91	11.04
Current Unearned Revenue	11.4	9.13	8.71	14.84	7.16	5.62
Other Current Liabilities	12.18	10.79	25.94	9.2	17.13	9.37
Total Current Liabilities	849	612.68	641.62	806.91	722.07	639.02
Long-Term Debt	47.84	179.11	79.31	162.32	162.11	212.01
Long-Term Leases	-	20.63	24.02	-	28.26	25.96
Long-Term Unearned Revenue	6.11	6.6	8.11	10.51	13.87	14.63
Long-Term Deferred Tax Liabilities	105.07	110.32	121.21	177.75	106.63	71.45
Other Long-Term Liabilities	61.96	38.48	5.96	1.26	1.35	4.55
Total Liabilities	1,090	988.24	921.37	1,202	1,146	1,104
Common Stock	69.29	69.29	69.29	69.29	69.29	69.29
Additional Paid-In Capital	625.73	625.73	443.81	407.98	-	-
Retained Earnings	752.5	765.92	862.04	837.7	226.11	96.51
Comprehensive Income & Other	19.51	-5.65	68.3	272.65	616.74	584.18
Total Common Equity	1,467	1,455	1,443	1,588	912.14	749.98
Minority Interest	311.48	313.43	358.08	464.56	330.86	283.06
Shareholders' Equity	1,779	1,769	1,802	2,052	1,243	1,033
Total Liabilities & Equity	2,869	2,757	2,723	3,254	2,389	2,137
Total Debt	314.01	257.14	152.08	205.77	287.02	386.4
Net Cash (Debt)	-83.51	30.44	348.37	276.16	-119.1	-130.83
Net Cash Growth	-	-91.26%	26.15%	-	-	-
Net Cash Per Share	-1.21	0.44	5.03	3.99	-1.72	-1.89
Filing Date Shares Outstanding	69.29	69.29	69.29	69.29	69.29	69.29
Total Common Shares Outstanding	69.29	69.29	69.29	69.29	69.29	69.29
Working Capital	449.58	651.96	789	1,076	365.45	303.13
Book Value Per Share	21.17	21.00	20.83	22.91	13.16	10.82
Tangible Book Value	1,410	1,409	1,377	1,515	846.05	697.07
Tangible Book Value Per Share	20.35	20.34	19.87	21.86	12.21	10.06
Land	-	578.36	570.81	-	583.68	555.71
Machinery	-	2,256	2,160	-	2,182	2,335
Construction In Progress	-	332.2	152.54	-	90.53	42.3

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