Arctic Paper S.A. (WSE: ATC)

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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	254.46	500.45	481.93	167.93	255.56	265.89
Cash & Short-Term Investments	254.46	500.45	481.93	167.93	255.56	265.89
Cash Growth	-48.57%	3.84%	186.99%	-34.29%	-3.88%	32.20%
Accounts Receivable	476.78	415.42	503.39	359.16	253.98	262.9
Other Receivables	23.78	0.85	0.63	51.78	48.77	44.54
Receivables	500.56	416.27	504.02	410.94	302.75	307.45
Inventory	511.87	444.93	601.21	402.87	365.49	353.77
Other Current Assets	28.59	68.97	295.46	105.78	18.34	27.74
Total Current Assets	1,295	1,431	1,883	1,088	942.14	954.85
Property, Plant & Equipment	1,343	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	45.42	58.46	63.9	56.67	43.25	38.47
Long-Term Deferred Tax Assets	1.56	3.18	5.2	14.3	25.12	24.35
Other Long-Term Assets	25.49	51.32	164.66	63.14	29.68	36.83
Total Assets	2,723	2,723	3,254	2,389	2,137	2,036
Accounts Payable	447.74	447.92	551.21	476.1	349.38	377.07
Accrued Expenses	91.33	105.53	133.17	121.11	115.18	118.08
Short-Term Debt	7	4.88	8.06	0.18	0.19	0.17
Current Portion of Long-Term Debt	95.61	43.86	35.39	87.63	138.47	152.73
Current Portion of Leases	-	-	-	8.85	9.77	8.69
Current Income Taxes Payable	24.93	29.49	55.04	3.91	11.04	4.28
Current Unearned Revenue	7.85	8.71	14.84	7.16	5.62	-
Other Current Liabilities	0.3	1.24	9.2	17.13	9.37	27.07
Total Current Liabilities	674.76	641.62	806.91	722.07	639.02	688.1
Long-Term Debt	124.33	104.2	162.32	162.11	212.01	233.75
Long-Term Leases	-	-	-	28.26	25.96	29.52
Long-Term Unearned Revenue	7.08	8.11	10.51	13.87	14.63	-
Long-Term Deferred Tax Liabilities	109.76	121.21	177.75	106.63	71.45	70.82
Other Long-Term Liabilities	5.1	5.1	1.26	1.35	4.55	19.32
Total Liabilities	940.67	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	-	443.81	407.98	-	-	-
Retained Earnings	742.02	862.04	837.7	226.11	96.51	19.47
Comprehensive Income & Other	641.64	68.3	272.65	616.74	584.18	518.15
Total Common Equity	1,453	1,443	1,588	912.14	749.98	606.91
Minority Interest	329.83	358.08	464.56	330.86	283.06	263.62
Shareholders' Equity	1,783	1,802	2,052	1,243	1,033	870.53
Total Liabilities & Equity	2,723	2,723	3,254	2,389	2,137	2,036
Total Debt	226.94	152.94	205.77	287.02	386.4	424.86
Net Cash (Debt)	27.53	347.51	276.16	-119.1	-130.83	-158.97
Net Cash Growth	-91.02%	25.83%	-	-	-	-
Net Cash Per Share	0.40	5.02	3.99	-1.72	-1.89	-2.29
Filing Date Shares Outstanding	69.29	69.29	69.29	69.29	69.29	69.29
Total Common Shares Outstanding	69.29	69.29	69.29	69.29	69.29	69.29
Working Capital	620.71	789	1,076	365.45	303.13	266.75
Book Value Per Share	20.97	20.83	22.91	13.16	10.82	8.76
Tangible Book Value	1,400	1,377	1,515	846.05	697.07	568.44
Tangible Book Value Per Share	20.20	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.