Oil Refineries Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	615	752	763	751.06	637.73
Short-Term Investments	-	1	67	54.7	31.69
Cash & Short-Term Investments	615	753	830	805.76	669.42
Cash Growth	-18.33%	-9.28%	3.01%	20.37%	-17.78%
Accounts Receivable	543	593	620	588.87	595.33
Other Receivables	54	-	54	26.87	27.46
Receivables	604	596	690	628.1	633.8
Inventory	619	711	769	749.9	730.67
Prepaid Expenses	10	14	12	8.53	5.65
Other Current Assets	26	10	19	28.75	22.2
Total Current Assets	1,874	2,084	2,320	2,221	2,062
Property, Plant & Equipment	2,319	2,271	2,233	2,206	2,156
Long-Term Investments	137	27	27	25.99	16.33
Other Intangible Assets	34	31	29	23.81	19.98
Long-Term Deferred Tax Assets	10	9	4	-	-
Other Long-Term Assets	56	11	22	23.44	97.57
Total Assets	4,450	4,452	4,657	4,527	4,387
Accounts Payable	821	866	839	739.65	791.42
Accrued Expenses	66	64	66	76.89	114.62
Short-Term Debt	14	14	13	-	-
Current Portion of Long-Term Debt	177	204	260	266.28	303.9
Current Portion of Leases	23	22	14	5.34	7.49
Current Income Taxes Payable	20	45	101	13.01	16.93
Current Unearned Revenue	30	23	23	46.87	40.25
Other Current Liabilities	39	60	78	114.58	93.19
Total Current Liabilities	1,190	1,298	1,394	1,263	1,368
Long-Term Debt	1,082	927	941	1,072	1,272
Long-Term Leases	123	107	105	95.38	98.25
Pension & Post-Retirement Benefits	46	54	53	55.59	75.27
Long-Term Deferred Tax Liabilities	240	266	262	272.71	197.34
Other Long-Term Liabilities	23	36	45	24.37	3.29
Total Liabilities	2,704	2,688	2,800	2,783	3,014
Common Stock	812	811	811	807.85	807.6
Additional Paid-In Capital	32	31	31	125.71	32.76
Retained Earnings	905	909	970	810.39	478.8
Comprehensive Income & Other	-3	13	45	-	53.44
Shareholders' Equity	1,746	1,764	1,857	1,744	1,373
Total Liabilities & Equity	4,450	4,452	4,657	4,527	4,387
Total Debt	1,419	1,274	1,333	1,439	1,682
Net Cash (Debt)	-804	-521	-503	-633.15	-1,012
Net Cash Per Share	-0.26	-0.17	-0.16	-0.20	-0.32
Filing Date Shares Outstanding	3,105	3,139	3,188	3,206	3,206
Total Common Shares Outstanding	3,105	3,139	3,188	3,206	3,206
Working Capital	684	786	926	958.4	693.93
Book Value Per Share	0.56	0.56	0.58	0.54	0.43
Tangible Book Value	1,712	1,733	1,828	1,720	1,353
Tangible Book Value Per Share	0.55	0.55	0.57	0.54	0.42
Land	137	135	132	127.11	126.03
Machinery	4,521	4,410	4,286	4,155	4,091

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