Bangkok Aviation Fuel Services PCL (BKK:BAFS)

BKK:BAFS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	688.11	555.37	522.58	522.67	562.01	804.62
Short-Term Investments	144.71	93.82	94.55	99.69	100.74	177.16
Trading Asset Securities	-	-	-	-	13.95	12.79
Cash & Short-Term Investments	832.82	649.19	617.13	622.36	676.7	994.57
Cash Growth	26.61%	5.20%	-0.84%	-8.03%	-31.96%	-52.40%
Accounts Receivable	458.68	410.67	341.09	307.33	232.26	158.96
Other Receivables	-	110.46	95.38	82.24	82.39	5.44
Receivables	646.64	621.34	467.6	389.58	314.65	164.4
Inventory	77.58	78.23	75.73	40.75	49.99	43.11
Other Current Assets	100.78	197.74	853.56	1,442	2,430	697.5
Total Current Assets	1,658	1,547	2,014	2,495	3,472	1,900
Property, Plant & Equipment	15,227	15,061	15,271	16,273	17,491	15,374
Long-Term Investments	1,009	1,001	1,031	951.13	784.79	84.84
Goodwill	248.12	248.12	286.14	313.14	313.14	-
Other Intangible Assets	1,956	2,070	2,236	1,690	1,809	1,411
Long-Term Accounts Receivable	1,338	1,353	1,390	1,397	186.93	191.87
Long-Term Deferred Tax Assets	264.09	320.87	396.77	497.59	462.4	343.57
Other Long-Term Assets	132.52	133.16	101.18	107.67	127.89	161.59
Total Assets	22,022	21,801	22,727	23,724	24,647	19,467
Accounts Payable	368.41	81.09	139.15	51.57	50.95	40.78
Accrued Expenses	-	118.52	96.02	69.42	57.98	38.1
Short-Term Debt	-	700	-	300	700	-
Current Portion of Long-Term Debt	1,250	1,183	1,820	1,336	641.4	425.52
Current Portion of Leases	107.8	98.96	93.42	91.86	79.06	37.82
Current Income Taxes Payable	18.38	30.78	28.46	14.11	0.97	9.47
Current Unearned Revenue	94.18	105.72	111.04	83.04	89.62	-
Other Current Liabilities	33.45	179.86	128.74	200.24	299.28	110.49
Total Current Liabilities	1,872	2,498	2,417	2,146	1,919	662.17
Long-Term Debt	10,071	9,092	9,795	11,615	12,496	9,396
Long-Term Leases	1,611	1,645	1,599	1,534	1,159	1,366
Long-Term Unearned Revenue	1,224	1,282	1,362	1,442	1,523	-
Pension & Post-Retirement Benefits	670.7	648.55	687.37	850.99	963.87	1,163
Long-Term Deferred Tax Liabilities	129.77	132.71	133.52	138.5	143	0.82
Other Long-Term Liabilities	44.37	34.32	32.33	45.91	67.88	110.7
Total Liabilities	15,622	15,333	16,027	17,773	18,272	12,699
Common Stock	637.5	637.5	637.5	637.5	637.5	637.5
Additional Paid-In Capital	434.98	434.98	434.98	434.98	434.98	434.98
Retained Earnings	2,869	2,878	2,983	3,064	3,317	4,011
Comprehensive Income & Other	1,407	1,437	1,400	413	416.55	410.08
Total Common Equity	5,348	5,387	5,456	4,550	4,806	5,493
Minority Interest	1,052	1,080	1,245	1,402	1,569	1,274
Shareholders' Equity	6,400	6,468	6,700	5,952	6,376	6,767
Total Liabilities & Equity	22,022	21,801	22,727	23,724	24,647	19,467
Total Debt	13,039	12,719	13,308	14,877	15,075	11,226
Net Cash (Debt)	-12,207	-12,070	-12,691	-14,254	-14,398	-10,231
Net Cash Per Share	-16.75	-18.93	-19.91	-22.36	-22.59	-16.05
Filing Date Shares Outstanding	872.34	637.5	637.5	637.5	637.5	637.5
Total Common Shares Outstanding	872.34	637.5	637.5	637.5	637.5	637.5
Working Capital	-214.57	-951.84	-403.05	348.79	1,552	1,237
Book Value Per Share	6.13	6.90	7.00	7.14	7.54	8.62
Tangible Book Value	3,144	3,070	2,933	2,547	2,684	4,082
Tangible Book Value Per Share	3.60	3.26	3.05	4.00	4.21	6.40
Land	-	1,017	1,007	1,007	997.64	322.77
Buildings	-	122.42	97.28	94.91	69.57	61.46
Machinery	-	23,365	22,899	22,430	4,102	1,941
Construction In Progress	-	132.79	323.74	1,220	1,149	5,886
Leasehold Improvements	-	-	-	-	25.5	18.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.