Infraset 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	21.76	117.86	225.13	49.12	139.24
Short-Term Investments	1.23	3.02	0.67	50	-
Trading Asset Securities	-	-	401.73	20.29	270.82
Cash & Short-Term Investments	22.99	120.88	627.53	119.41	410.06
Cash Growth	-80.98%	-80.74%	425.52%	-70.88%	114.78%
Accounts Receivable	1,304	1,684	703.32	843.97	619.53
Other Receivables	28.04	85.73	0.62	24.55	1.72
Receivables	1,332	1,770	703.94	868.53	621.25
Inventory	148.05	13.16	2.33	25.26	9.62
Prepaid Expenses	4.3	1.58	0.9	1.14	0.99
Other Current Assets	12.55	6.83	3.01	2.41	5.98
Total Current Assets	1,520	1,912	1,338	1,017	1,048
Property, Plant & Equipment	102.22	99.17	83.77	86.62	92.29
Long-Term Investments	114.9	88.32	80.46	55.8	51.38
Other Intangible Assets	2.14	1.87	1.93	1.39	0.52
Long-Term Accounts Receivable	189.41	283.16	361.5	276.43	7.18
Long-Term Deferred Tax Assets	6.86	6.15	2.25	2.1	2.66
Other Long-Term Assets	31.7	0.46	19.99	15.25	14.26
Total Assets	1,983	2,391	1,888	1,454	1,216
Accounts Payable	448.45	577.38	246.83	144.62	122.82
Accrued Expenses	42.9	49.28	42.52	47.78	51.09
Short-Term Debt	-	181.65	-	-	-
Current Portion of Long-Term Debt	57.12	57.1	57.06	-	3.83
Current Portion of Leases	4.04	4.46	4.22	2.72	3.17
Current Income Taxes Payable	-	4.21	-	0.82	-
Current Unearned Revenue	0.27	0.82	0.27	4.77	0.24
Other Current Liabilities	19.87	14.16	24.39	23.12	41.8
Total Current Liabilities	572.66	889.05	375.3	223.83	222.95
Long-Term Debt	-	57.12	114.22	-	-
Long-Term Leases	6.17	5.89	8.71	8.08	10.79
Pension & Post-Retirement Benefits	13.26	9.11	8.05	6.28	10.62
Other Long-Term Liabilities	5.59	4.6	5.3	6.63	7.48
Total Liabilities	597.68	965.78	511.58	244.82	251.84
Common Stock	406.39	406.39	406.39	375.08	308
Additional Paid-In Capital	672.19	672.19	672.19	578.28	377.03
Retained Earnings	306.25	346.85	297.46	256.17	279.29
Treasury Stock	-10.61	-	-	-	-
Comprehensive Income & Other	10.61	-	-	-	-
Shareholders' Equity	1,385	1,425	1,376	1,210	964.32
Total Liabilities & Equity	1,983	2,391	1,888	1,454	1,216
Total Debt	67.34	306.21	184.21	10.79	17.79
Net Cash (Debt)	-44.35	-185.34	443.32	108.62	392.27
Net Cash Growth	-	-	308.15%	-72.31%	134.88%
Net Cash Per Share	-0.05	-0.23	0.58	0.13	0.47
Filing Date Shares Outstanding	806.53	812.77	812.77	750.17	616
Total Common Shares Outstanding	806.53	812.77	812.77	750.17	616
Working Capital	947.61	1,023	962.42	792.92	824.94
Book Value Per Share	1.72	1.75	1.69	1.61	1.57
Tangible Book Value	1,383	1,424	1,374	1,208	963.8
Tangible Book Value Per Share	1.71	1.75	1.69	1.61	1.56
Land	40.77	40.58	35.38	35.38	35.38
Buildings	46.74	44.63	44.63	44.63	44.63
Machinery	52.63	43.43	23.61	21.23	20.7
Construction In Progress	0.15	0.15	0.15	1.33	0.19

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