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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	30.73	39.22	22	110.29	123.36	208.36
Trading Asset Securities	-	-	10.03	30.57	30.17	30.04
Cash & Short-Term Investments	30.73	39.22	32.03	140.85	153.53	238.41
Cash Growth	84.42%	22.44%	-77.26%	-8.26%	-35.60%	-13.50%
Accounts Receivable	18.81	5.6	7.16	6.93	10.96	9.21
Other Receivables	-	10.9	11.86	11.3	11.25	6.93
Receivables	18.81	16.5	19.02	18.23	22.21	60.75
Inventory	158.01	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	24.96	6.57	7.51	6.3	6.52	6.21
Total Current Assets	232.52	225.96	158.63	292.52	568.55	672.59
Property, Plant & Equipment	727.06	736.88	784.59	842.01	913.15	941.33
Long-Term Investments	-	124.24	124.73	-	-	-
Other Intangible Assets	8.14	8.76	11.18	13.84	15.77	18.17
Long-Term Deferred Tax Assets	22.28	22.6	59.77	90.27	32.67	31.39
Other Long-Term Assets	107.79	6.28	2.7	2.28	1.13	2.33
Total Assets	1,098	1,125	1,142	1,241	1,531	1,666
Accounts Payable	81.67	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	23.43	31	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	15.63	36.6
Current Portion of Leases	6.92	7.02	7.96	11.91	13.78	12.73
Other Current Liabilities	1.44	13.03	13.12	11.39	12.54	17.69
Total Current Liabilities	113.46	125.58	47.28	46.58	86.69	125.56
Long-Term Debt	-	-	-	-	-	14.53
Long-Term Leases	91.15	92.84	113.72	137.13	148.08	139.95
Pension & Post-Retirement Benefits	12.33	11.98	11.43	8.08	7.6	7.04
Other Long-Term Liabilities	5.76	5.8	6.72	8.49	7.66	7.74
Total Liabilities	222.69	236.19	179.14	200.27	250.02	294.81
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	-427.95	-417.17	-353.32	-266.22	-25.63	64.12
Comprehensive Income & Other	-3.83	-1.18	8.91	-	-	-
Total Common Equity	875.1	888.53	962.47	1,041	1,281	1,371
Minority Interest	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Shareholders' Equity	875.09	888.52	962.46	1,041	1,281	1,371
Total Liabilities & Equity	1,098	1,125	1,142	1,241	1,531	1,666
Total Debt	121.5	130.86	121.68	149.04	177.49	203.8
Net Cash (Debt)	-90.77	-91.65	-89.65	-8.18	-23.96	34.6
Net Cash Growth	-	-	-	-	-	26.79%
Net Cash Per Share	-0.09	-0.09	-0.09	-0.01	-0.02	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	119.06	100.38	111.35	245.95	481.86	547.03
Book Value Per Share	0.88	0.89	0.96	1.04	1.28	1.37
Tangible Book Value	866.96	879.77	951.29	1,027	1,265	1,353
Tangible Book Value Per Share	0.87	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

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