FN Factory Outlet 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	15.98	22	110.29	123.36	208.36	94.37
Trading Asset Securities	10.16	10.03	30.57	30.17	30.04	181.24
Cash & Short-Term Investments	26.15	32.03	140.85	153.53	238.41	275.61
Cash Growth	-25.66%	-77.26%	-8.26%	-35.60%	-13.50%	39.21%
Accounts Receivable	21.32	7.16	6.93	10.96	9.21	6.58
Other Receivables	11.28	11.86	11.3	11.25	6.93	4.12
Receivables	32.6	19.02	18.23	22.21	60.75	10.7
Inventory	93.25	96.8	123.27	382.98	364.1	437.09
Prepaid Expenses	-	3.26	3.88	3.3	3.13	3.2
Other Current Assets	14.79	7.51	6.3	6.52	6.21	4.94
Total Current Assets	166.78	158.63	292.52	568.55	672.59	731.54
Property, Plant & Equipment	746.95	784.59	842.01	913.15	941.33	1,012
Long-Term Investments	124.96	124.73	-	-	-	-
Other Intangible Assets	9.53	11.18	13.84	15.77	18.17	20.5
Long-Term Deferred Tax Assets	24.04	59.77	90.27	32.67	31.39	17.95
Other Long-Term Assets	5.15	2.7	2.28	1.13	2.33	2.68
Total Assets	1,077	1,142	1,241	1,531	1,666	1,785
Accounts Payable	52.26	21.68	19.19	39.66	50.56	53.72
Accrued Expenses	-	4.52	4.09	5.08	7.98	2.62
Short-Term Debt	1.87	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	15.63	36.6	36.6
Current Portion of Leases	7.1	7.96	11.91	13.78	12.73	15.16
Other Current Liabilities	1.13	13.12	11.39	12.54	17.69	19.67
Total Current Liabilities	62.37	47.28	46.58	86.69	125.56	127.77
Long-Term Debt	-	-	-	-	14.53	48.96
Long-Term Leases	94.53	113.72	137.13	148.08	139.95	147.59
Pension & Post-Retirement Benefits	12.5	11.43	8.08	7.6	7.04	4.53
Other Long-Term Liabilities	5.34	6.72	8.49	7.66	7.74	17.29
Total Liabilities	174.73	179.14	200.27	250.02	294.81	346.15
Common Stock	500	500	500	500	500	500
Additional Paid-In Capital	806.88	806.88	806.88	806.88	806.88	806.88
Retained Earnings	-403.57	-353.32	-266.22	-25.63	64.12	131.77
Comprehensive Income & Other	-0.63	8.91	-	-	-	-
Total Common Equity	902.69	962.47	1,041	1,281	1,371	1,439
Minority Interest	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Shareholders' Equity	902.68	962.46	1,041	1,281	1,371	1,439
Total Liabilities & Equity	1,077	1,142	1,241	1,531	1,666	1,785
Total Debt	103.51	121.68	149.04	177.49	203.8	248.31
Net Cash (Debt)	-77.36	-89.65	-8.18	-23.96	34.6	27.29
Net Cash Growth	-	-	-	-	26.79%	-64.32%
Net Cash Per Share	-0.08	-0.09	-0.01	-0.02	0.03	0.03
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Working Capital	104.42	111.35	245.95	481.86	547.03	603.76
Book Value Per Share	0.90	0.96	1.04	1.28	1.37	1.44
Tangible Book Value	893.16	951.29	1,027	1,265	1,353	1,418
Tangible Book Value Per Share	0.89	0.95	1.03	1.27	1.35	1.42
Land	-	286.26	282.79	281.6	280.02	278.83
Buildings	-	726.79	717.59	732.5	707.58	684.19
Machinery	-	278.05	274.4	270.83	268.21	267.52
Construction In Progress	-	0.09	6.52	6.51	18.25	39.29

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