Banpu Power PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	11,322	6,513	7,591	9,352	4,055	2,635
Short-Term Investments	3.99	2.43	2.83	2.12	3.09	5.6
Trading Asset Securities	526.89	803.3	186.25	274.01	54.63	524.27
Accounts Receivable	1,520	2,177	2,172	2,086	1,754	1,311
Other Receivables	880.5	690.84	504.8	377.16	918.48	1,170
Inventory	209.94	1,329	1,519	1,274	1,101	1,186
Prepaid Expenses	-	307.24	329.02	277.72	159.41	150.12
Restricted Cash	-	500.45	-	-	-	-
Loans Receivable Current	2,899	9.03	9.31	9.61	3,482	2,705
Other Current Assets	210.76	174.45	394.95	190.52	142.45	194.9
Total Current Assets	17,573	12,507	12,710	13,843	11,670	9,883
Property, Plant & Equipment	7,878	32,811	36,140	37,995	23,442	24,442
Goodwill	41.65	40.05	43.11	43.4	43.83	42.39
Long-Term Investments	52,069	43,963	44,940	45,809	40,513	33,766
Long-Term Loans Receivable	3,958	3,822	2,849	56.7	644.22	5,479
Long-Term Deferred Tax Assets	461.05	442.12	484.4	621.2	722.07	602.76
Other Long-Term Assets	833.2	895.57	516.05	534.44	629.56	651.52
Total Assets	82,814	94,481	97,683	98,903	77,665	74,867
Accounts Payable	111.23	423.24	359.2	541.81	785.51	844.85
Accrued Expenses	170.58	1,319	1,662	1,686	1,884	1,107
Short-Term Debt	6,750	5,050	5,050	2,394	241.58	6,551
Current Portion of Long-Term Debt	2,506	5,807	1,878	1,659	5,617	1,439
Current Portion of Leases	11.87	10.06	10.13	8.88	12.7	12.76
Current Income Taxes Payable	1,266	73.69	85.74	115.25	29.04	0.96
Other Current Liabilities	872.08	699.03	1,588	3,484	814.94	1,012
Total Current Liabilities	11,688	13,382	10,633	9,888	9,385	10,968
Long-Term Debt	12,995	27,338	32,297	34,212	15,352	13,965
Long-Term Leases	123.38	3.38	13.61	21.1	4.46	18.27
Pension & Post-Retirement Benefits	55.19	63.81	59.3	33.93	59.96	29.21
Long-Term Deferred Tax Liabilities	719.35	206.65	190.16	70.83	71.5	24.78
Other Long-Term Liabilities	2.88	41.05	-	-	-	282.05
Total Liabilities	25,584	41,035	43,193	44,226	24,873	25,287
Common Stock	30,477	30,477	30,477	30,477	30,477	30,477
Additional Paid-In Capital	7,231	7,231	7,231	7,231	7,231	7,231
Retained Earnings	26,291	20,290	18,750	19,165	15,727	12,295
Comprehensive Income & Other	-7,799	-9,603	-6,830	-6,689	-4,955	-4,369
Total Common Equity	56,201	48,396	49,629	50,185	48,481	45,635
Minority Interest	1,030	5,050	4,861	4,492	4,310	3,944
Shareholders' Equity	57,230	53,446	54,490	54,677	52,792	49,579
Total Liabilities & Equity	82,814	94,481	97,683	98,903	77,665	74,867
Total Debt	22,387	38,208	39,248	38,294	21,228	21,987
Net Cash (Debt)	-10,534	-30,889	-31,468	-28,666	-17,115	-18,822
Net Cash Per Share	-3.46	-10.14	-10.33	-9.41	-5.62	-6.18
Filing Date Shares Outstanding	3,048	3,048	3,048	3,048	3,048	3,048
Total Common Shares Outstanding	3,048	3,048	3,048	3,048	3,048	3,048
Working Capital	5,885	-874.89	2,076	3,955	2,285	-1,086
Book Value Per Share	18.44	15.88	16.28	16.47	15.91	14.97
Tangible Book Value	56,159	48,356	49,586	50,141	48,437	45,593
Tangible Book Value Per Share	18.43	15.87	16.27	16.45	15.89	14.96
Land	-	157.93	50.96	51.31	35.6	34.42
Buildings	-	3,930	4,023	4,144	4,235	4,477
Machinery	-	39,555	42,005	42,306	26,416	26,553
Construction In Progress	-	184.71	55.11	71.83	167.44	6.52

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