Arctic Paper S.A. (STO: ARP)

Arctic Paper Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	307.67	500.45	481.93	167.93	255.56	265.89
Cash & Short-Term Investments	307.67	500.45	481.93	167.93	255.56	265.89
Cash Growth	0.14%	3.84%	186.99%	-34.29%	-3.88%	32.20%
Accounts Receivable	-	415.42	503.39	359.16	253.98	262.9
Other Receivables	475.7	0.85	0.63	51.78	48.77	44.54
Receivables	475.7	416.27	504.02	410.94	302.75	307.45
Inventory	505.34	444.93	601.21	402.87	365.49	353.77
Other Current Assets	19.73	68.97	295.46	105.78	18.34	27.74
Total Current Assets	1,308	1,431	1,883	1,088	942.14	954.85
Property, Plant & Equipment	1,262	1,166	1,125	1,155	1,085	979.85
Long-Term Investments	4.8	4.89	4.26	2.94	1.68	1.41
Goodwill	7.96	8.23	8.85	9.42	9.66	-
Other Intangible Assets	44.64	58.46	63.9	56.67	43.25	38.47
Long-Term Deferred Tax Assets	2.06	3.18	5.2	14.3	25.12	24.35
Other Long-Term Assets	29.41	51.32	164.66	63.14	29.68	36.83
Total Assets	2,660	2,723	3,254	2,389	2,137	2,036
Accounts Payable	465.17	447.92	551.21	476.1	349.38	377.07
Accrued Expenses	103.11	105.53	133.17	121.11	115.18	118.08
Short-Term Debt	13.38	4.88	8.06	0.18	0.19	0.17
Current Portion of Long-Term Debt	61.09	43.86	35.39	87.63	138.47	152.73
Current Portion of Leases	-	-	-	8.85	9.77	8.69
Current Income Taxes Payable	25.42	29.49	55.04	3.91	11.04	4.28
Current Unearned Revenue	9.63	8.71	14.84	7.16	5.62	-
Other Current Liabilities	0.29	1.24	9.2	17.13	9.37	27.07
Total Current Liabilities	678.1	641.62	806.91	722.07	639.02	688.1
Long-Term Debt	91.07	104.2	162.32	162.11	212.01	233.75
Long-Term Leases	-	-	-	28.26	25.96	29.52
Long-Term Unearned Revenue	7.57	8.11	10.51	13.87	14.63	-
Long-Term Deferred Tax Liabilities	109.65	121.21	177.75	106.63	71.45	70.82
Other Long-Term Liabilities	4.93	5.1	1.26	1.35	4.55	19.32
Total Liabilities	911.23	921.37	1,202	1,146	1,104	1,165
Common Stock	69.29	69.29	69.29	69.29	69.29	69.29
Additional Paid-In Capital	625.73	443.81	407.98	-	-	-
Retained Earnings	710.92	862.04	837.7	226.11	96.51	19.47
Comprensive Income & Other	17.06	68.3	272.65	616.74	584.18	518.15
Total Common Equity	1,423	1,443	1,588	912.14	749.98	606.91
Minority Interest	325.41	358.08	464.56	330.86	283.06	263.62
Shareholders' Equity	1,748	1,802	2,052	1,243	1,033	870.53
Total Liabilities & Equity	2,660	2,723	3,254	2,389	2,137	2,036
Total Debt	165.54	152.94	205.77	287.02	386.4	424.86
Net Cash (Debt)	142.13	347.51	276.16	-119.1	-130.83	-158.97
Net Cash Growth	6.01%	25.83%	-	-	-	-
Net Cash Per Share	2.05	5.02	3.99	-1.72	-1.89	-2.29
Filing Date Shares Outstanding	69.03	69.29	69.29	69.29	69.29	69.29
Total Common Shares Outstanding	69.03	69.29	69.29	69.29	69.29	69.29
Working Capital	630.34	789	1,076	365.45	303.13	266.75
Book Value Per Share	20.61	20.83	22.91	13.16	10.82	8.76
Tangible Book Value	1,370	1,377	1,515	846.05	697.07	568.44
Tangible Book Value Per Share	19.85	19.87	21.86	12.21	10.06	8.20
Land	-	-	-	583.68	555.71	483.1
Machinery	-	-	-	2,182	2,335	2,048
Construction In Progress	-	-	-	90.53	42.3	57.84

Source: S&P Capital IQ. Standard template. Financial Sources.