Arctic Paper S.A. (STO:ARP)

Arctic Paper Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	287.58	500.45	481.93	167.93	255.56
Cash & Short-Term Investments	287.58	500.45	481.93	167.93	255.56
Cash Growth	-42.54%	3.84%	186.99%	-34.29%	-3.88%
Accounts Receivable	360.74	364.42	503.39	359.16	253.98
Other Receivables	84.19	51.85	0.63	51.78	48.77
Receivables	444.93	416.27	504.02	410.94	302.75
Inventory	495.04	444.93	601.21	402.87	365.49
Other Current Assets	37.08	68.97	295.46	105.78	18.34
Total Current Assets	1,265	1,431	1,883	1,088	942.14
Property, Plant & Equipment	1,419	1,166	1,125	1,155	1,085
Long-Term Investments	5.06	4.89	4.26	2.94	1.68
Goodwill	7.84	8.23	8.85	9.42	9.66
Other Intangible Assets	38.2	58.46	63.9	56.67	43.25
Long-Term Deferred Tax Assets	6.45	3.18	5.2	14.3	25.12
Other Long-Term Assets	15.71	51.32	164.66	63.14	29.68
Total Assets	2,757	2,723	3,254	2,389	2,137
Accounts Payable	405.47	412.92	551.21	476.1	349.38
Accrued Expenses	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	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	17.93	29.49	55.04	3.91	11.04
Current Unearned Revenue	9.13	8.71	14.84	7.16	5.62
Other Current Liabilities	10.79	25.94	9.2	17.13	9.37
Total Current Liabilities	612.68	641.62	806.91	722.07	639.02
Long-Term Debt	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	6.6	8.11	10.51	13.87	14.63
Long-Term Deferred Tax Liabilities	110.32	121.21	177.75	106.63	71.45
Other Long-Term Liabilities	38.48	5.96	1.26	1.35	4.55
Total Liabilities	988.24	921.37	1,202	1,146	1,104
Common Stock	69.29	69.29	69.29	69.29	69.29
Additional Paid-In Capital	625.73	443.81	407.98	-	-
Retained Earnings	765.92	862.04	837.7	226.11	96.51
Comprehensive Income & Other	-5.65	68.3	272.65	616.74	584.18
Total Common Equity	1,455	1,443	1,588	912.14	749.98
Minority Interest	313.43	358.08	464.56	330.86	283.06
Shareholders' Equity	1,769	1,802	2,052	1,243	1,033
Total Liabilities & Equity	2,757	2,723	3,254	2,389	2,137
Total Debt	257.14	152.08	205.77	287.02	386.4
Net Cash (Debt)	30.44	348.37	276.16	-119.1	-130.83
Net Cash Growth	-91.26%	26.15%	-	-	-
Net Cash Per Share	0.44	5.03	3.99	-1.72	-1.89
Filing Date Shares Outstanding	69.29	69.29	69.29	69.29	69.29
Total Common Shares Outstanding	69.29	69.29	69.29	69.29	69.29
Working Capital	651.96	789	1,076	365.45	303.13
Book Value Per Share	21.00	20.83	22.91	13.16	10.82
Tangible Book Value	1,409	1,377	1,515	846.05	697.07
Tangible Book Value Per Share	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.