Capex Balance Sheet

Financials in millions ARS. Fiscal year is May - April.

Millions ARS. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Cash & Equivalents	40,299	9,204	22,014	8,769	3,862	4,239
Short-Term Investments	46,754	11,881	1,991	2,170	12,868	5,362
Accounts Receivable	55,148	33,537	94,034	48,067	6,682	4,530
Other Receivables	43,070	20,819	23,672	16,384	3,346	771.35
Inventory	18,987	14,453	19,316	14,807	8,663	2,426
Prepaid Expenses	-	-	-	-	-	262.29
Loans Receivable Current	-	-	-	-	12.36	-
Other Current Assets	-	14,941	14,387	1,082	731.24	1,858
Total Current Assets	204,258	104,835	175,415	91,278	36,163	19,449
Property, Plant & Equipment	1,223,222	1,060,446	1,082,329	726,054	140,241	64,654
Goodwill	-	598.67	598.67	-	-	-
Other Intangible Assets	9,098	7,148	6,271	-	-	-
Long-Term Investments	-	-	-	-	6,760	9,893
Long-Term Deferred Tax Assets	6,740	5,837	6,243	4,846	107.27	5.22
Other Long-Term Assets	84,010	66,712	57,259	33,710	7,700	3,059
Total Assets	1,527,328	1,245,577	1,328,116	855,888	190,971	97,059
Accounts Payable	66,616	66,351	70,911	68,844	14,899	6,562
Accrued Expenses	11,973	14,330	17,709	10,983	2,719	2,416
Short-Term Debt	234,407	5,802	752.65	-	-	-
Current Portion of Long-Term Debt	-	129,010	112,328	13,059	3,219	2,133
Current Portion of Leases	-	1,274	1,516	666.24	274.73	210.29
Current Income Taxes Payable	-	0.01	0.77	1,553	3,208	83
Other Current Liabilities	2,780	26,336	22,550	14,937	2,675	74.67
Total Current Liabilities	315,776	243,102	225,768	110,041	26,996	11,480
Long-Term Debt	480,932	363,290	408,576	241,345	57,393	37,593
Long-Term Leases	-	574.95	1,722	-	170.92	248.8
Long-Term Deferred Tax Liabilities	67,678	76,061	136,834	91,578	14,467	5,297
Other Long-Term Liabilities	61,300	42,821	42,054	33,607	3,430	2,319
Total Liabilities	925,687	725,849	814,954	476,571	102,458	56,938
Common Stock	179.8	179.8	179.8	179.8	179.8	179.8
Additional Paid-In Capital	79.69	79.69	79.69	79.69	79.69	79.69
Retained Earnings	367,137	326,167	296,670	235,277	54,307	20,979
Comprehensive Income & Other	230,937	190,705	213,464	141,500	33,309	18,546
Total Common Equity	598,334	517,131	510,393	377,037	87,875	39,784
Minority Interest	3,307	2,597	2,768	2,280	638.01	336.16
Shareholders' Equity	601,641	519,727	513,162	379,317	88,513	40,121
Total Liabilities & Equity	1,527,328	1,245,577	1,328,116	855,888	190,971	97,059
Total Debt	715,339	499,950	524,895	255,071	61,058	40,186
Net Cash (Debt)	-628,287	-478,866	-500,890	-244,132	-44,329	-30,585
Net Cash Per Share	-3494.33	-2663.29	-2785.78	-1357.78	-246.54	-170.10
Filing Date Shares Outstanding	179.8	179.8	179.8	179.8	179.8	179.8
Total Common Shares Outstanding	179.8	179.8	179.8	179.8	179.8	179.8
Working Capital	-111,518	-138,267	-50,353	-18,763	9,167	7,968
Book Value Per Share	3327.73	2876.11	2838.64	2096.95	488.73	221.27
Tangible Book Value	589,236	509,384	503,524	377,037	87,875	39,784
Tangible Book Value Per Share	3277.13	2833.02	2800.43	2096.95	488.73	221.27
Land	-	35,448	31,648	19,186	5,691	3,342
Machinery	-	11,075	10,797	7,332	110,314	901.57
Construction In Progress	-	99,100	40,255	41,920	10,943	2,709

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