MODEC Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,961	1,325	1,261	1,020	495.75	809.23
Cash & Short-Term Investments	1,961	1,325	1,261	1,020	495.75	809.23
Cash Growth	31.71%	5.08%	23.58%	105.78%	-38.74%	26.32%
Accounts Receivable	517.8	976.18	756.86	595.81	481.11	378.97
Receivables	625.9	1,097	763.74	623.34	481.11	393.13
Other Current Assets	290.89	353.42	400.58	404.59	439.21	856.09
Total Current Assets	2,878	2,775	2,425	2,048	1,416	2,058
Property, Plant & Equipment	87.54	92.14	71.52	50.35	64.72	51.3
Long-Term Investments	1,590	1,593	1,615	1,396	1,172	778.21
Other Intangible Assets	26.1	28.48	39.9	49.79	70.65	80.75
Long-Term Deferred Tax Assets	38.69	44.53	62.86	16.59	65.43	54.87
Other Long-Term Assets	19.37	0.02	0.03	0.01	0.02	0.04
Total Assets	4,862	4,755	4,523	3,912	3,156	3,422
Accounts Payable	1,112	1,119	1,335	1,197	927.55	1,355
Short-Term Debt	-	237.28	55.88	58.15	-	-
Current Portion of Long-Term Debt	237.95	-	-	-	19.2	426.38
Current Income Taxes Payable	99.49	105.67	112.83	70.57	38.63	40.52
Other Current Liabilities	418.27	1,497	1,247	932.64	790.26	839.93
Total Current Liabilities	2,994	2,960	2,751	2,258	1,776	2,662
Long-Term Debt	182.7	182.3	461.6	516.11	376.67	0.05
Pension & Post-Retirement Benefits	51.24	51.44	45.1	45.37	44.23	54.63
Long-Term Deferred Tax Liabilities	3.61	3.51	-	-	1.29	-
Other Long-Term Liabilities	84.92	86	59.98	50.81	111.83	151.12
Total Liabilities	3,317	3,283	3,318	2,870	2,310	2,868
Common Stock	190.5	190.18	191.62	191.66	284.08	281.97
Additional Paid-In Capital	168.5	168.21	169.96	188.26	282.46	280.39
Retained Earnings	1,091	1,026	726.99	525.47	131.83	85.85
Treasury Stock	-0.13	-0.12	-1.09	-1.09	-1.09	-1.29
Comprehensive Income & Other	64.43	66.43	99.94	94.62	119.51	-114.99
Total Common Equity	1,515	1,450	1,187	998.93	816.79	531.94
Minority Interest	30.41	21.19	18.13	42.73	29.66	22.19
Shareholders' Equity	1,545	1,472	1,206	1,042	846.45	554.14
Total Liabilities & Equity	4,862	4,755	4,523	3,912	3,156	3,422
Total Debt	420.65	419.59	517.47	574.26	395.87	426.44
Net Cash (Debt)	1,541	905.18	743.21	445.89	99.88	382.79
Net Cash Growth	55.81%	21.79%	66.68%	346.41%	-73.91%	-20.36%
Net Cash Per Share	22.55	13.25	10.87	7.14	1.77	6.79
Filing Date Shares Outstanding	68.34	68.34	68.31	68.31	56.37	56.36
Total Common Shares Outstanding	68.34	68.34	68.31	68.31	56.37	56.36
Working Capital	-116.18	-184.84	-326.02	-209.83	-359.57	-603.35
Book Value Per Share	22.16	21.22	17.38	14.62	14.49	9.44
Tangible Book Value	1,489	1,422	1,148	949.14	746.13	451.2
Tangible Book Value Per Share	21.78	20.81	16.80	13.90	13.24	8.01
Order Backlog	-	18,589	12,944	16,818	10,934	11,671