Demco 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	55.45	146.69	102.19	82.45	86.84
Cash & Short-Term Investments	55.45	146.69	102.19	82.45	86.84
Cash Growth	-62.20%	43.56%	23.94%	-5.06%	-3.67%
Accounts Receivable	1,268	1,272	1,084	1,224	1,043
Other Receivables	-	56.35	80.14	78.17	113.78
Receivables	1,271	1,331	1,175	1,309	1,161
Inventory	151.07	413.37	566.11	400.18	319.02
Prepaid Expenses	-	26.77	25.6	18.4	21.79
Other Current Assets	57.94	82.38	73.97	69.08	67.46
Total Current Assets	1,535	2,000	1,943	1,879	1,656
Property, Plant & Equipment	397.51	401.69	396.6	366.9	316.36
Long-Term Investments	3,660	3,880	3,824	3,841	4,006
Other Intangible Assets	298.77	306.49	147.64	734.23	742.15
Long-Term Accounts Receivable	32.41	27.96	20.48	36.84	51.69
Long-Term Deferred Tax Assets	7.16	10.25	8.22	6.76	7.08
Other Long-Term Assets	67.87	68.41	80.03	97.42	168.8
Total Assets	5,999	6,695	6,419	6,962	6,949
Accounts Payable	573.93	340.48	372.61	299.39	237.25
Accrued Expenses	4.88	103.33	94.62	63.23	97.31
Short-Term Debt	1,011	1,252	1,097	1,575	1,203
Current Portion of Long-Term Debt	10.55	10.55	9.1	25.88	185.23
Current Portion of Leases	12.95	12.68	12.09	5.33	5.32
Current Unearned Revenue	333.59	369.85	419.42	158.39	167.92
Other Current Liabilities	90.38	559.32	439.77	401.15	325.68
Total Current Liabilities	2,038	2,648	2,445	2,528	2,222
Long-Term Debt	62.28	72.83	83.38	54.82	54.46
Long-Term Leases	40.84	39.64	49.24	4.55	3.98
Pension & Post-Retirement Benefits	82.39	82.59	81.14	82.29	101.84
Long-Term Deferred Tax Liabilities	169.13	196.7	173.09	209.58	221.03
Other Long-Term Liabilities	0.48	0.26	0.09	0.34	0.59
Total Liabilities	2,393	3,040	2,832	2,880	2,603
Common Stock	750.98	750.98	730.34	730.34	730.34
Additional Paid-In Capital	2,120	2,120	2,068	2,068	2,068
Retained Earnings	-225.01	-237.03	-175.95	373.98	502.64
Comprehensive Income & Other	960.29	1,021	964.71	909.22	1,044
Total Common Equity	3,606	3,655	3,587	4,082	4,345
Minority Interest	0.52	0.52	0.52	0.53	0.53
Shareholders' Equity	3,606	3,655	3,588	4,082	4,345
Total Liabilities & Equity	5,999	6,695	6,419	6,962	6,949
Total Debt	1,138	1,388	1,251	1,665	1,452
Net Cash (Debt)	-1,083	-1,241	-1,149	-1,583	-1,365
Net Cash Per Share	-1.69	-1.70	-1.57	-2.17	-1.87
Filing Date Shares Outstanding	750.98	750.98	730.34	730.34	730.34
Total Common Shares Outstanding	750.98	750.98	730.34	730.34	730.34
Working Capital	-502.43	-647.59	-501.92	-649.31	-565.26
Book Value Per Share	4.80	4.87	4.91	5.59	5.95
Tangible Book Value	3,307	3,348	3,439	3,347	3,603
Tangible Book Value Per Share	4.40	4.46	4.71	4.58	4.93
Land	-	75.26	71.25	71	71
Buildings	-	84.27	81.87	79.97	79.97
Machinery	-	475.28	422.67	423.87	379.99
Construction In Progress	-	64.89	87.56	82.21	34.44

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