Applicad 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	380.68	263.95	184.51	166.24	360.82
Short-Term Investments	-	61.66	124.5	141.82	1
Cash & Short-Term Investments	380.68	325.61	309.02	308.05	361.82
Cash Growth	16.91%	5.37%	0.31%	-14.86%	-0.14%
Accounts Receivable	108.84	155.52	99.37	84.41	161.79
Other Receivables	12.03	28.79	18.96	17.23	10.92
Receivables	120.88	184.31	118.33	101.64	172.71
Inventory	48.68	44.77	47.77	65	46.84
Other Current Assets	257.74	164.2	129.44	108.64	0.7
Total Current Assets	807.98	718.89	604.55	583.34	582.07
Property, Plant & Equipment	99.31	95.44	112.69	119.04	104.41
Other Intangible Assets	19.77	23.78	25.19	24.42	16.84
Long-Term Accounts Receivable	-	-	-	-	17.07
Long-Term Deferred Tax Assets	12.89	10.66	12.14	14.62	11.5
Other Long-Term Assets	41.9	50.19	37.58	31.01	1.03
Total Assets	981.86	898.97	792.15	772.44	732.92
Accounts Payable	65.5	84.53	78.75	90.59	82.65
Accrued Expenses	47.94	46.55	46.35	38.23	39.93
Current Portion of Leases	8.93	6.03	5.87	3.85	2.29
Current Income Taxes Payable	7.84	0.41	-	-	3.48
Current Unearned Revenue	269.98	238.04	183.52	189.61	170.7
Other Current Liabilities	0.27	0.03	-	0.19	-
Total Current Liabilities	400.46	375.59	314.49	322.47	299.05
Long-Term Leases	8.43	9.02	12.2	8.64	1.48
Long-Term Unearned Revenue	65.11	80.72	57.02	44.32	29.73
Pension & Post-Retirement Benefits	60.99	50.53	50.51	50.22	45.25
Other Long-Term Liabilities	1.19	1.36	1.1	1.09	0.21
Total Liabilities	536.18	517.22	435.32	426.74	375.71
Common Stock	140	140	140	140	140
Additional Paid-In Capital	146.73	146.73	146.73	146.73	146.73
Retained Earnings	159.1	93.43	68.56	57.04	67.77
Comprehensive Income & Other	-1.21	1.39	1.6	2.17	2.97
Total Common Equity	444.62	381.55	356.89	345.93	357.46
Minority Interest	1.06	0.19	-0.05	-0.23	-0.25
Shareholders' Equity	445.68	381.74	356.83	345.7	357.21
Total Liabilities & Equity	981.86	898.97	792.15	772.44	732.92
Total Debt	17.37	15.05	18.07	12.49	3.77
Net Cash (Debt)	363.32	310.56	290.95	295.56	358.05
Net Cash Growth	16.99%	6.74%	-1.56%	-17.45%	-0.15%
Net Cash Per Share	1.30	1.11	1.04	1.06	1.28
Filing Date Shares Outstanding	280	280	280	280	280
Total Common Shares Outstanding	280	280	280	280	280
Working Capital	407.52	343.3	290.06	260.87	283.03
Book Value Per Share	1.59	1.36	1.27	1.24	1.28
Tangible Book Value	424.85	357.77	331.7	321.5	340.62
Tangible Book Value Per Share	1.52	1.28	1.18	1.15	1.22
Land	19.92	19.92	19.92	19.92	19.92
Buildings	24.75	28.14	27.79	27.84	22.8
Machinery	125.17	116.41	118.89	118.67	104.41
Construction In Progress	-	-	-	0.91	0.59

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