Carabao Group 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	1,483	1,384	1,184	936.05	1,134
Cash & Short-Term Investments	1,483	1,384	1,184	936.05	1,134
Cash Growth	7.13%	16.91%	26.48%	-17.47%	19.83%
Accounts Receivable	1,452	1,141	1,814	2,256	1,570
Other Receivables	295.22	233.24	272.57	116.82	87.41
Receivables	1,747	1,374	2,086	2,372	1,657
Inventory	1,905	2,224	2,295	2,718	2,337
Prepaid Expenses	53.19	52.14	68.26	80.84	98.65
Other Current Assets	200.76	104.94	168.16	240.01	154.52
Total Current Assets	5,389	5,139	5,802	6,347	5,382
Property, Plant & Equipment	13,258	12,376	12,875	12,852	12,980
Long-Term Investments	132.03	99.66	79.16	63.46	-
Goodwill	-	520.52	534.11	507.19	549
Other Intangible Assets	76.22	86.75	94.57	105.01	104.34
Long-Term Deferred Tax Assets	90.87	57.01	54.69	54.65	54.52
Other Long-Term Assets	99.78	99	103.9	109.96	116.05
Total Assets	19,046	18,378	19,544	20,039	19,186
Accounts Payable	743.26	716.57	909.14	882.69	650.57
Accrued Expenses	437.63	423.92	430.75	476.68	576.95
Short-Term Debt	457.25	81.57	1,225	3,518	2,812
Current Portion of Long-Term Debt	708.47	2,074	769.2	2,569	569.2
Current Portion of Leases	211.21	87.75	100.74	111.37	103.37
Current Income Taxes Payable	422.62	391.34	133.47	127.46	168.37
Other Current Liabilities	545.83	410.22	715.04	502.28	547
Total Current Liabilities	3,526	4,185	4,283	8,187	5,427
Long-Term Debt	418.08	525.78	3,326	555.45	3,123
Long-Term Leases	721.2	323.02	420.76	526.21	346.51
Long-Term Unearned Revenue	16.11	16.5	11.16	12.11	10.63
Pension & Post-Retirement Benefits	297.87	237.06	189.35	193	167.69
Total Liabilities	4,980	5,287	8,231	9,474	9,075
Common Stock	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	3,963	3,963	3,963	3,963	3,963
Retained Earnings	9,469	8,560	6,824	6,055	5,530
Comprehensive Income & Other	-328.78	-313.86	-295.81	-335.83	-283.33
Total Common Equity	14,103	13,209	11,491	10,683	10,209
Minority Interest	-36.28	-118.52	-178.3	-117.52	-98.5
Shareholders' Equity	14,066	13,091	11,312	10,565	10,111
Total Liabilities & Equity	19,046	18,378	19,544	20,039	19,186
Total Debt	2,516	3,092	5,842	7,280	6,954
Net Cash (Debt)	-1,033	-1,708	-4,658	-6,344	-5,819
Net Cash Per Share	-1.03	-1.71	-4.66	-6.34	-5.82
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	1,863	954.23	1,519	-1,840	-45.67
Book Value Per Share	14.10	13.21	11.49	10.68	10.21
Tangible Book Value	14,027	12,602	10,862	10,070	9,556
Tangible Book Value Per Share	14.03	12.60	10.86	10.07	9.56
Land	3,569	3,569	3,493	3,493	3,468
Buildings	4,875	4,688	4,676	4,202	4,097
Machinery	8,974	8,691	8,556	8,256	8,078
Construction In Progress	849.54	260.35	197.33	174.51	155.25

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