MODEC 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	1,302	1,261	1,020	495.75	809.23	640.63
Cash & Short-Term Investments	1,302	1,261	1,020	495.75	809.23	640.63
Cash Growth	79.96%	23.58%	105.78%	-38.74%	26.32%	32.91%
Accounts Receivable	816.79	756.86	595.81	481.11	378.97	1,198
Receivables	824.86	763.74	623.34	481.11	393.13	1,198
Inventory	-	-	-	-	-	184.74
Other Current Assets	278.49	400.58	404.59	439.21	856.09	184.9
Total Current Assets	2,405	2,425	2,048	1,416	2,058	2,209
Property, Plant & Equipment	64.5	71.52	50.35	64.72	51.3	45.81
Long-Term Investments	1,612	1,615	1,396	1,172	778.21	695.16
Goodwill	-	-	-	-	-	6.33
Other Intangible Assets	31.25	39.9	49.79	70.65	80.75	93.23
Long-Term Deferred Tax Assets	56.66	62.86	16.59	65.43	54.87	46.82
Other Long-Term Assets	22.22	0.03	0.01	0.02	0.04	0.02
Total Assets	4,508	4,523	3,912	3,156	3,422	3,464
Accounts Payable	1,301	1,335	1,197	927.55	1,355	1,466
Accrued Expenses	-	-	-	-	-	153.2
Short-Term Debt	-	55.88	58.15	-	-	29.08
Current Portion of Long-Term Debt	88.32	-	-	19.2	426.38	55.69
Current Portion of Leases	-	-	-	-	-	13.5
Current Income Taxes Payable	87.81	112.83	70.57	38.63	40.52	50.28
Other Current Liabilities	402.73	1,247	932.64	790.26	839.93	536.04
Total Current Liabilities	2,669	2,751	2,258	1,776	2,662	2,304
Long-Term Debt	331.59	461.6	516.11	376.67	0.05	45.99
Long-Term Leases	-	-	-	-	-	15.7
Pension & Post-Retirement Benefits	50.64	45.1	45.37	44.23	54.63	8.58
Long-Term Deferred Tax Liabilities	4.08	-	-	1.29	-	0.6
Other Long-Term Liabilities	68.31	59.98	50.81	111.83	151.12	168.68
Total Liabilities	3,123	3,318	2,870	2,310	2,868	2,544
Common Stock	190.5	191.62	191.66	284.08	281.97	291.86
Additional Paid-In Capital	168.5	169.96	188.26	282.46	280.39	283.91
Retained Earnings	915.68	726.99	525.47	131.83	85.85	545.17
Treasury Stock	-0.13	-1.09	-1.09	-1.09	-1.29	-1.64
Comprehensive Income & Other	64.04	99.94	94.62	119.51	-114.99	-233.48
Total Common Equity	1,339	1,187	998.93	816.79	531.94	885.81
Minority Interest	46.15	18.13	42.73	29.66	22.19	34.8
Shareholders' Equity	1,385	1,206	1,042	846.45	554.14	920.62
Total Liabilities & Equity	4,508	4,523	3,912	3,156	3,422	3,464
Total Debt	419.91	517.47	574.26	395.87	426.44	159.95
Net Cash (Debt)	881.6	743.21	445.89	99.88	382.79	480.67
Net Cash Growth	352.77%	66.68%	346.41%	-73.91%	-20.36%	119.11%
Net Cash Per Share	12.90	10.87	7.14	1.77	6.79	8.53
Filing Date Shares Outstanding	68.34	68.31	68.31	56.37	56.36	56.35
Total Common Shares Outstanding	68.34	68.31	68.31	56.37	56.36	56.35
Working Capital	-263.64	-326.02	-209.83	-359.57	-603.35	-95.44
Book Value Per Share	19.59	17.38	14.62	14.49	9.44	15.72
Tangible Book Value	1,307	1,148	949.14	746.13	451.2	786.25
Tangible Book Value Per Share	19.13	16.80	13.90	13.24	8.01	13.95
Order Backlog	-	12,944	16,818	10,934	11,671	11,987

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.