Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (QAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	374.79M	413.72M	71.60M	32.35M	27.62M
Cash & Short-Term Investments	374.79M	413.72M	71.60M	32.35M	27.62M
Receivables	247.55M	348.20M	257.12M	497.00M	243.33M
Inventory	400.49M	421.67M	431.15M	436.82M	430.06M
Current Assets	1.14B	1.18B	0.83B	0.97B	0.89B
PP&E	3.58B	3.52B	3.51B	3.51B	3.48B
Goodwill	6.79M	6.79M	6.79M	6.79M	6.79M
Intangible Assets	4.91M	5.67M	6.33M	7.14M	7.95M
Total Assets	6.11B	5.63B	5.25B	5.06B	4.90B
Liabilities
Accounts Payable	88.11M	177.00M	192.17M	215.07M	111.63M
Current Liabilities	739.41M	740.30M	732.64M	801.23M	689.10M
Long-Term Debt	1.94B	1.97B	1.64B	1.67B	1.71B
Short-Term Debt	355.94M	101.16M	108.45M	331.73M	260.35M
Total Debt	2.56B	2.60B	2.27B	2.35B	2.26B
Total Liabilities	2.79B	2.82B	2.48B	2.59B	2.49B
Equity & Ownership
Retained Earnings	585.17M	583.20M	532.87M	260.09M	301.91M
Total Equity	3.32B	2.82B	2.77B	2.47B	2.41B
Net Debt	2.18B	2.19B	2.19B	2.32B	2.23B
Shares Outstanding	2,143,984,962	2,143,984,959	2,143,984,959	2,143,984,959	2,143,984,962
Cash & Assets
Total Assets	6.11B	5.63B	5.25B	5.06B	4.90B
Total Current Assets	1.14B	1.18B	0.83B	0.97B	0.89B
Cash & Equivalents	374.79M	413.72M	71.60M	32.35M	27.62M
Cash & Short-Term Investments	374.79M	413.72M	71.60M	32.35M	27.62M
Net Cash (Debt)	-2.18B	-2.19B	-2.19B	-2.32B	-2.23B
Net Cash Per Share	-1.02	-1.02	-0.99	-1.12	-1.04
Cash Growth	+1,256.8%	+1,087.2%	+154.2%	-35.3%	-53.7%
Accounts Receivable	151.20M	348.20M	178.65M	497.00M	128.29M
Other Receivables	96.35M	—	78.47M	—	115.04M
Receivables	247.55M	348.20M	257.12M	497.00M	243.33M
Inventory	400.49M	421.67M	431.15M	436.82M	430.06M
Prepaid Expenses	90.92M	—	16.30M	—	150.36M
Construction In Progress	425.19M	—	—	—	668.45M
Land	55.20M	—	—	—	55.20M
Buildings	2.25B	—	—	—	1.99B
Machinery	1.41B	—	—	—	1.20B
Property, Plant & Equipment	3.58B	3.52B	3.51B	3.51B	3.48B
Goodwill	6.79M	6.79M	6.79M	6.79M	6.79M
Other Intangible Assets	4.91M	5.67M	6.33M	7.14M	7.95M
Other Current Assets	27.68M	0.60M	51.23M	0.40M	35.39M
Other Long-Term Assets	376.11M	89.09M	79.47M	—	—
Long-Term Leases	87.25M	87.22M	86.63M	100.39M	78.04M
Current Portion of Leases	0.08M	0.09M	0.08M	9.20M	0.08M
Loans & Investments
Long-Term Investments	994.48M	833.40M	818.32M	561.20M	523.69M
Liabilities & Obligations
Total Liabilities	2.79B	2.82B	2.48B	2.59B	2.49B
Total Liabilities & Equity	6.11B	5.63B	5.25B	5.06B	4.90B
Total Current Liabilities	739.41M	740.30M	732.64M	801.23M	689.10M
Accounts Payable	88.11M	177.00M	192.17M	215.07M	111.63M
Accrued Expenses	86.75M	—	1.58M	—	76.46M
Current Income Taxes Payable	1.80M	—	—	—	1.46M
Other Current Liabilities	33.30M	17.01M	2.66M	3.10M	27.96M
Pension & Post-Retirement Benefits	22.24M	21.22M	20.71M	20.07M	19.06M
Debt & Funding
Long-Term Debt	1.94B	1.97B	1.64B	1.67B	1.71B
Short-Term Debt	355.94M	101.16M	108.45M	331.73M	260.35M
Total Debt	2.56B	2.60B	2.27B	2.35B	2.26B
Current Portion of Long-Term Debt	173.42M	445.04M	427.69M	242.14M	211.15M
Equity & Book Value
Shareholders' Equity	3.32B	2.82B	2.77B	2.47B	2.41B
Total Common Equity	2.93B	2.79B	2.74B	2.46B	2.40B
Common Stock	2.14B	2.00B	2.00B	2.00B	1.90B
Retained Earnings	585.17M	583.20M	532.87M	260.09M	301.91M
Comprehensive Income & Other	200.92M	201.12M	201.12M	201.12M	201.12M
Minority Interest	390.29M	30.50M	30.49M	3.19M	3.01M
Book Value Per Share	1.37	1.30	1.28	1.15	1.12
Tangible Book Value	2.92B	2.77B	2.72B	2.45B	2.39B
Tangible Book Value Per Share	1.36	1.29	1.27	1.14	1.11
Filing Date Shares Outstanding	2.14B	2.14B	2.14B	2.14B	2.14B
Total Common Shares Outstanding	2.14B	2.14B	2.14B	2.14B	2.14B
Working Capital	402.02M	443.89M	94.76M	165.33M	197.66M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (QAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	374.79M	413.72M	71.60M	32.35M	27.62M
Cash & Short-Term Investments	374.79M	413.72M	71.60M	32.35M	27.62M
Receivables	247.55M	348.20M	257.12M	497.00M	243.33M
Inventory	400.49M	421.67M	431.15M	436.82M	430.06M
Current Assets	1.14B	1.18B	0.83B	0.97B	0.89B
PP&E	3.58B	3.52B	3.51B	3.51B	3.48B
Goodwill	6.79M	6.79M	6.79M	6.79M	6.79M
Intangible Assets	4.91M	5.67M	6.33M	7.14M	7.95M
Total Assets	6.11B	5.63B	5.25B	5.06B	4.90B
Liabilities
Accounts Payable	88.11M	177.00M	192.17M	215.07M	111.63M
Current Liabilities	739.41M	740.30M	732.64M	801.23M	689.10M
Long-Term Debt	1.94B	1.97B	1.64B	1.67B	1.71B
Short-Term Debt	355.94M	101.16M	108.45M	331.73M	260.35M
Total Debt	2.56B	2.60B	2.27B	2.35B	2.26B
Total Liabilities	2.79B	2.82B	2.48B	2.59B	2.49B
Equity & Ownership
Retained Earnings	585.17M	583.20M	532.87M	260.09M	301.91M
Total Equity	3.32B	2.82B	2.77B	2.47B	2.41B
Net Debt	2.18B	2.19B	2.19B	2.32B	2.23B
Shares Outstanding	2,143,984,962	2,143,984,959	2,143,984,959	2,143,984,959	2,143,984,962
Cash & Assets
Total Assets	6.11B	5.63B	5.25B	5.06B	4.90B
Total Current Assets	1.14B	1.18B	0.83B	0.97B	0.89B
Cash & Equivalents	374.79M	413.72M	71.60M	32.35M	27.62M
Cash & Short-Term Investments	374.79M	413.72M	71.60M	32.35M	27.62M
Net Cash (Debt)	-2.18B	-2.19B	-2.19B	-2.32B	-2.23B
Net Cash Per Share	-1.02	-1.02	-0.99	-1.12	-1.04
Cash Growth	+1,256.8%	+1,087.2%	+154.2%	-35.3%	-53.7%
Accounts Receivable	151.20M	348.20M	178.65M	497.00M	128.29M
Other Receivables	96.35M	—	78.47M	—	115.04M
Receivables	247.55M	348.20M	257.12M	497.00M	243.33M
Inventory	400.49M	421.67M	431.15M	436.82M	430.06M
Prepaid Expenses	90.92M	—	16.30M	—	150.36M
Construction In Progress	425.19M	—	—	—	668.45M
Land	55.20M	—	—	—	55.20M
Buildings	2.25B	—	—	—	1.99B
Machinery	1.41B	—	—	—	1.20B
Property, Plant & Equipment	3.58B	3.52B	3.51B	3.51B	3.48B
Goodwill	6.79M	6.79M	6.79M	6.79M	6.79M
Other Intangible Assets	4.91M	5.67M	6.33M	7.14M	7.95M
Other Current Assets	27.68M	0.60M	51.23M	0.40M	35.39M
Other Long-Term Assets	376.11M	89.09M	79.47M	—	—
Long-Term Leases	87.25M	87.22M	86.63M	100.39M	78.04M
Current Portion of Leases	0.08M	0.09M	0.08M	9.20M	0.08M
Loans & Investments
Long-Term Investments	994.48M	833.40M	818.32M	561.20M	523.69M
Liabilities & Obligations
Total Liabilities	2.79B	2.82B	2.48B	2.59B	2.49B
Total Liabilities & Equity	6.11B	5.63B	5.25B	5.06B	4.90B
Total Current Liabilities	739.41M	740.30M	732.64M	801.23M	689.10M
Accounts Payable	88.11M	177.00M	192.17M	215.07M	111.63M
Accrued Expenses	86.75M	—	1.58M	—	76.46M
Current Income Taxes Payable	1.80M	—	—	—	1.46M
Other Current Liabilities	33.30M	17.01M	2.66M	3.10M	27.96M
Pension & Post-Retirement Benefits	22.24M	21.22M	20.71M	20.07M	19.06M
Debt & Funding
Long-Term Debt	1.94B	1.97B	1.64B	1.67B	1.71B
Short-Term Debt	355.94M	101.16M	108.45M	331.73M	260.35M
Total Debt	2.56B	2.60B	2.27B	2.35B	2.26B
Current Portion of Long-Term Debt	173.42M	445.04M	427.69M	242.14M	211.15M
Equity & Book Value
Shareholders' Equity	3.32B	2.82B	2.77B	2.47B	2.41B
Total Common Equity	2.93B	2.79B	2.74B	2.46B	2.40B
Common Stock	2.14B	2.00B	2.00B	2.00B	1.90B
Retained Earnings	585.17M	583.20M	532.87M	260.09M	301.91M
Comprehensive Income & Other	200.92M	201.12M	201.12M	201.12M	201.12M
Minority Interest	390.29M	30.50M	30.49M	3.19M	3.01M
Book Value Per Share	1.37	1.30	1.28	1.15	1.12
Tangible Book Value	2.92B	2.77B	2.72B	2.45B	2.39B
Tangible Book Value Per Share	1.36	1.29	1.27	1.14	1.11
Filing Date Shares Outstanding	2.14B	2.14B	2.14B	2.14B	2.14B
Total Common Shares Outstanding	2.14B	2.14B	2.14B	2.14B	2.14B
Working Capital	402.02M	443.89M	94.76M	165.33M	197.66M

Financials

Quarterly (QAR)

Baladna

Quarterly (QAR)