Applied DB PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	46.46	91.18	40.56	101.52	62.91
Cash & Short-Term Investments	46.46	91.18	40.56	101.52	62.91
Cash Growth	-49.05%	124.84%	-60.05%	61.36%	98.57%
Accounts Receivable	182.16	251.18	377.67	446.45	385.97
Other Receivables	34.96	39.46	78.97	37.58	21.12
Receivables	217.11	290.65	456.64	484.04	407.09
Inventory	99.09	137.13	382.95	510.58	455.35
Prepaid Expenses	2.38	1	-	-	-
Other Current Assets	-	-	-	15.7	-
Total Current Assets	365.04	519.97	880.14	1,112	925.35
Property, Plant & Equipment	204.74	196.21	506.25	501.4	514.58
Long-Term Investments	338.42	317.32	-	-	-
Other Intangible Assets	0.46	0.33	0.85	1.39	1.43
Long-Term Deferred Tax Assets	7.22	6.35	11.71	11.23	11.16
Other Long-Term Assets	3.95	13.39	11.74	0.54	1.51
Total Assets	919.83	1,054	1,411	1,626	1,454
Accounts Payable	95.27	144.37	243.37	238.04	256.24
Accrued Expenses	9.54	5.56	1.29	2.49	1.45
Short-Term Debt	105.73	208.55	440.17	616.13	330.45
Current Portion of Long-Term Debt	-	-	9.41	19.15	26.16
Current Portion of Leases	2.45	2.65	5.41	1.54	1.73
Current Income Taxes Payable	1.75	2.56	-	0.65	2.16
Current Unearned Revenue	3.3	0.36	-	-	-
Other Current Liabilities	16.48	12.94	31.03	49.8	62.16
Total Current Liabilities	234.53	376.99	730.69	927.81	680.35
Long-Term Debt	-	-	-	9.41	43.56
Long-Term Leases	11.69	14.62	36.18	2.79	2.9
Pension & Post-Retirement Benefits	25.82	27.11	43.22	42.65	43.71
Total Liabilities	272.04	418.73	810.09	982.66	770.51
Common Stock	363	363	363	363	363
Additional Paid-In Capital	202.51	202.51	202.51	202.51	202.51
Retained Earnings	82.26	69.25	35.03	78.16	118.03
Comprehensive Income & Other	0.02	0.08	0.06	0.06	-0.01
Shareholders' Equity	647.79	634.84	600.6	643.73	683.53
Total Liabilities & Equity	919.83	1,054	1,411	1,626	1,454
Total Debt	119.87	225.82	491.17	649.02	404.8
Net Cash (Debt)	-73.41	-134.63	-450.62	-547.51	-341.89
Net Cash Per Share	-0.10	-0.19	-0.62	-0.75	-0.47
Filing Date Shares Outstanding	726	726	726	726	726
Total Common Shares Outstanding	726	726	726	726	726
Working Capital	130.51	142.98	149.45	184.01	245
Book Value Per Share	0.89	0.87	0.83	0.89	0.94
Tangible Book Value	647.34	634.51	599.75	642.34	682.1
Tangible Book Value Per Share	0.89	0.87	0.83	0.88	0.94
Land	4.51	4.51	-	64.64	64.64
Buildings	128.36	125.63	-	345.99	338.7
Machinery	281.15	269.34	-	508.91	479.97
Construction In Progress	38.41	24.99	-	9.23	17.9

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.