FN Factory Outlet 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	39.22	22	110.29	123.36	208.36
Trading Asset Securities	-	10.03	30.57	30.17	30.04
Cash & Short-Term Investments	39.22	32.03	140.85	153.53	238.41
Cash Growth	22.44%	-77.26%	-8.26%	-35.60%	-13.50%
Accounts Receivable	5.6	7.16	6.93	10.96	9.21
Other Receivables	10.9	11.86	11.3	11.25	6.93
Receivables	16.5	19.02	18.23	22.21	60.75
Inventory	161.7	96.8	123.27	382.98	364.1
Prepaid Expenses	1.97	3.26	3.88	3.3	3.13
Other Current Assets	6.57	7.51	6.3	6.52	6.21
Total Current Assets	225.96	158.63	292.52	568.55	672.59
Property, Plant & Equipment	736.88	784.59	842.01	913.15	941.33
Long-Term Investments	124.24	124.73	-	-	-
Other Intangible Assets	8.76	11.18	13.84	15.77	18.17
Long-Term Deferred Tax Assets	22.6	59.77	90.27	32.67	31.39
Other Long-Term Assets	6.28	2.7	2.28	1.13	2.33
Total Assets	1,125	1,142	1,241	1,531	1,666
Accounts Payable	63.64	21.68	19.19	39.66	50.56
Accrued Expenses	10.88	4.52	4.09	5.08	7.98
Short-Term Debt	31	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	15.63	36.6
Current Portion of Leases	7.02	7.96	11.91	13.78	12.73
Other Current Liabilities	13.03	13.12	11.39	12.54	17.69
Total Current Liabilities	125.58	47.28	46.58	86.69	125.56
Long-Term Debt	-	-	-	-	14.53
Long-Term Leases	92.84	113.72	137.13	148.08	139.95
Pension & Post-Retirement Benefits	11.98	11.43	8.08	7.6	7.04
Other Long-Term Liabilities	5.8	6.72	8.49	7.66	7.74
Total Liabilities	236.19	179.14	200.27	250.02	294.81
Common Stock	500	500	500	500	500
Additional Paid-In Capital	806.88	806.88	806.88	806.88	806.88
Retained Earnings	-417.17	-353.32	-266.22	-25.63	64.12
Comprehensive Income & Other	-1.18	8.91	-	-	-
Total Common Equity	888.53	962.47	1,041	1,281	1,371
Minority Interest	-0.01	-0.01	-0.01	-0.01	-0.01
Shareholders' Equity	888.52	962.46	1,041	1,281	1,371
Total Liabilities & Equity	1,125	1,142	1,241	1,531	1,666
Total Debt	130.86	121.68	149.04	177.49	203.8
Net Cash (Debt)	-91.65	-89.65	-8.18	-23.96	34.6
Net Cash Growth	-	-	-	-	26.79%
Net Cash Per Share	-0.09	-0.09	-0.01	-0.02	0.03
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	100.38	111.35	245.95	481.86	547.03
Book Value Per Share	0.89	0.96	1.04	1.28	1.37
Tangible Book Value	879.77	951.29	1,027	1,265	1,353
Tangible Book Value Per Share	0.88	0.95	1.03	1.27	1.35
Land	286.33	286.26	282.79	281.6	280.02
Buildings	697.33	726.79	717.59	732.5	707.58
Machinery	218.89	278.05	274.4	270.83	268.21
Construction In Progress	1.19	0.09	6.52	6.51	18.25

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