GMM Grammy 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	1,081	843.41	672.86	764.16	563.25
Cash & Short-Term Investments	1,081	843.41	672.86	764.16	563.25
Cash Growth	28.13%	25.35%	-11.95%	35.67%	-22.60%
Accounts Receivable	304.53	395.81	561.94	409.89	279.35
Other Receivables	311.99	611.99	643.65	715.48	557.84
Receivables	616.52	1,008	1,206	1,125	837.19
Inventory	234.26	271.34	223.5	290.54	221.42
Prepaid Expenses	29.9	33.92	49.81	34.77	44.62
Other Current Assets	41.16	239.87	364.78	637.27	692.16
Total Current Assets	2,003	2,396	2,517	2,852	2,359
Property, Plant & Equipment	1,164	813.4	849.85	775.51	449.86
Long-Term Investments	2,810	2,929	1,121	1,100	1,043
Other Intangible Assets	1,853	1,442	1,062	697.28	383.7
Long-Term Deferred Tax Assets	228.56	216.11	174.99	191.21	203.39
Long-Term Deferred Charges	191.43	249.17	307.07	364.82	422.56
Other Long-Term Assets	166.29	186.74	209.97	190.21	198.07
Total Assets	8,416	8,232	6,241	6,171	5,059
Accounts Payable	614.92	643.06	896.98	740.93	581.92
Accrued Expenses	574.84	846.14	831.12	834.94	687.86
Short-Term Debt	425	380	673	480	800
Current Portion of Long-Term Debt	100	-	133.3	155	362.5
Current Portion of Leases	53.84	66.09	63.74	53.22	87.96
Current Income Taxes Payable	9.54	37.6	36.07	4.01	2.48
Current Unearned Revenue	604.06	708.56	263.64	441.68	219.84
Other Current Liabilities	57.92	103.62	47.85	102.47	67.03
Total Current Liabilities	2,440	2,785	2,946	2,812	2,810
Long-Term Debt	114.21	-	857.85	897.3	261.21
Long-Term Leases	977.63	579.22	681.48	597.5	253.21
Long-Term Unearned Revenue	26.8	34.84	42.88	50.92	58.96
Pension & Post-Retirement Benefits	198.33	194.44	189.8	174.37	175.05
Long-Term Deferred Tax Liabilities	0.1	0.1	0.1	0.1	17.92
Other Long-Term Liabilities	-	-	0.2	0.2	0.52
Total Liabilities	3,757	3,594	4,718	4,533	3,576
Common Stock	819.95	819.95	819.95	819.95	819.95
Additional Paid-In Capital	501.66	501.66	501.66	492.99	492.99
Retained Earnings	243.05	308.58	127.97	260.54	94.13
Comprehensive Income & Other	2,790	2,744	-43.61	-42.45	-41.6
Total Common Equity	4,355	4,375	1,406	1,531	1,365
Minority Interest	303.92	264	117.26	107.09	116.91
Shareholders' Equity	4,659	4,639	1,523	1,638	1,482
Total Liabilities & Equity	8,416	8,232	6,241	6,171	5,059
Total Debt	1,671	1,025	2,409	2,183	1,765
Net Cash (Debt)	-589.99	-181.9	-1,737	-1,419	-1,202
Net Cash Per Share	-0.72	-0.22	-2.10	-1.71	-1.47
Filing Date Shares Outstanding	819.95	819.95	819.95	819.95	819.95
Total Common Shares Outstanding	819.95	819.95	819.95	819.95	819.95
Working Capital	-437.59	-388.73	-429.16	39.85	-450.96
Book Value Per Share	5.31	5.34	1.71	1.87	1.67
Tangible Book Value	2,502	2,933	343.85	833.74	981.77
Tangible Book Value Per Share	3.05	3.58	0.42	1.02	1.20
Machinery	608.95	661.61	895.6	767.02	786.16
Construction In Progress	2.69	27.37	16.33	42.81	10.5
Leasehold Improvements	287.31	340.13	-2.38	258.64	258.71

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