The Erawan Group PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,024	1,612	1,217	1,532	1,242	1,623
Cash & Short-Term Investments	1,024	1,612	1,217	1,532	1,242	1,623
Cash Growth	-17.47%	32.52%	-20.57%	23.33%	-23.45%	67.47%
Accounts Receivable	155.07	222.44	169.83	159.81	99.85	76.59
Other Receivables	117.58	165.41	240.48	202.23	202.42	173.19
Receivables	272.65	387.85	410.3	362.04	302.27	249.78
Inventory	42.32	42.82	48.96	43.47	39.31	46.21
Prepaid Expenses	-	106.78	88.77	67.64	56.61	32.38
Other Current Assets	192.32	29.71	120.75	21.34	1,015	11.26
Total Current Assets	1,531	2,180	1,885	2,026	2,655	1,962
Property, Plant & Equipment	23,475	23,629	21,396	19,285	19,409	18,826
Long-Term Investments	0.47	0.47	83.75	63.14	48.27	48.5
Other Intangible Assets	29.33	29.17	27.34	34.87	38.12	43.43
Long-Term Deferred Tax Assets	87.66	77.74	51	41.07	29.5	61.5
Other Long-Term Assets	337.68	330.28	231.81	261.51	270.23	273.45
Total Assets	25,461	26,246	23,675	21,712	22,450	21,215
Accounts Payable	180.07	266.01	226.85	234.51	142.68	144.67
Accrued Expenses	-	482.88	430.32	360.43	122.71	116.74
Short-Term Debt	610	685	820	300	690	1,410
Current Portion of Long-Term Debt	1,078	1,067	931.87	482.53	105.49	725.89
Current Portion of Leases	31.05	27.24	244.11	70.01	72.67	73.52
Current Income Taxes Payable	19.79	38.87	10.13	0.07	0.23	0.52
Current Unearned Revenue	-	0.17	-	-	-	-
Other Current Liabilities	722.1	413.76	394.65	314.06	355.22	341.01
Total Current Liabilities	2,641	2,981	3,058	1,762	1,489	2,812
Long-Term Debt	8,633	8,999	9,067	9,665	10,356	10,551
Long-Term Leases	3,843	3,910	4,285	3,717	3,703	3,705
Long-Term Unearned Revenue	-	-	0.17	2.19	4.22	6.24
Pension & Post-Retirement Benefits	184.89	172.07	134.7	127.59	134.56	130.03
Long-Term Deferred Tax Liabilities	640.29	656.85	533.62	557.34	606.82	52.29
Other Long-Term Liabilities	37.58	35.69	226.3	159.29	133.97	29.45
Total Liabilities	15,980	16,754	17,305	15,990	16,427	17,286
Common Stock	4,887	4,887	4,532	4,532	4,532	2,518
Additional Paid-In Capital	1,621	1,621	909.99	909.99	909.99	909.99
Retained Earnings	136.59	111.91	-829.62	-1,525	-1,488	518.67
Comprehensive Income & Other	2,039	2,092	1,718	1,782	2,058	-133.45
Total Common Equity	8,683	8,712	6,330	5,698	6,012	3,813
Minority Interest	797.66	780.02	40.37	23.15	10.66	115.81
Shareholders' Equity	9,481	9,492	6,370	5,722	6,023	3,929
Total Liabilities & Equity	25,461	26,246	23,675	21,712	22,450	21,215
Total Debt	14,195	14,688	15,348	14,235	14,927	16,465
Net Cash (Debt)	-13,172	-13,076	-14,132	-12,703	-13,685	-14,843
Net Cash Per Share	-2.70	-2.77	-3.02	-2.80	-3.76	-5.90
Filing Date Shares Outstanding	4,887	4,887	4,532	4,532	4,532	2,518
Total Common Shares Outstanding	4,887	4,887	4,532	4,532	4,532	2,518
Working Capital	-1,110	-801.23	-1,172	264.71	1,166	-850.14
Book Value Per Share	1.78	1.78	1.40	1.26	1.33	1.51
Tangible Book Value	8,654	8,683	6,302	5,664	5,974	3,769
Tangible Book Value Per Share	1.77	1.78	1.39	1.25	1.32	1.50
Land	-	7,072	5,333	4,450	4,426	2,458
Buildings	-	16,032	14,055	13,426	12,268	16,188
Machinery	-	2,738	2,522	2,494	2,355	3,029
Construction In Progress	-	240.85	890.26	284.96	1,008	718.8

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