Indorama Ventures 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	35,747	27,356	17,496	18,683	21,211	16,215
Short-Term Investments	707.73	627.23	543.14	1,074	533.19	240.5
Cash & Short-Term Investments	36,455	27,983	18,039	19,757	21,744	16,456
Cash Growth	80.36%	55.13%	-8.70%	-9.14%	32.14%	-15.13%
Accounts Receivable	42,931	36,334	53,085	51,114	55,580	53,172
Other Receivables	9,305	9,387	8,905	10,327	11,931	9,764
Receivables	52,354	45,838	62,105	61,556	67,535	62,966
Inventory	81,372	79,210	92,855	96,657	115,872	88,979
Prepaid Expenses	1,847	1,388	920.21	1,745	1,636	1,764
Other Current Assets	13,298	12,222	10,197	9,639	8,920	6,694
Total Current Assets	185,326	166,642	184,116	189,354	215,708	176,859
Property, Plant & Equipment	288,334	282,434	284,540	327,375	333,024	303,127
Long-Term Investments	12,087	12,063	4,065	4,094	4,065	3,603
Goodwill	16,495	16,017	17,083	17,584	17,888	17,411
Other Intangible Assets	30,553	29,542	31,000	33,969	34,016	33,149
Long-Term Accounts Receivable	272.62	286.67	344.22	354.29	378.65	366.13
Long-Term Deferred Tax Assets	12,209	11,298	11,519	6,854	4,541	2,657
Long-Term Deferred Charges	-	680.98	697.51	703.6	668.56	720.12
Other Long-Term Assets	4,648	4,516	8,187	9,503	13,590	3,936
Total Assets	549,924	523,480	541,552	590,132	623,878	541,828
Accounts Payable	96,427	85,822	93,116	101,935	106,721	90,876
Accrued Expenses	9,916	8,233	9,653	12,254	12,340	10,881
Short-Term Debt	32,687	36,618	42,193	28,419	31,248	26,619
Current Portion of Long-Term Debt	24,865	22,207	28,916	38,536	33,777	17,371
Current Portion of Leases	2,397	2,365	2,474	2,448	2,255	1,831
Current Income Taxes Payable	1,794	1,317	1,564	1,643	2,899	3,030
Current Unearned Revenue	1,219	1,136	1,521	1,127	1,715	1,216
Other Current Liabilities	11,731	12,864	13,301	14,986	11,246	9,296
Total Current Liabilities	181,038	170,563	192,738	201,347	202,200	161,121
Long-Term Debt	203,962	194,592	178,870	173,838	178,388	170,043
Long-Term Leases	8,306	8,366	9,572	11,105	8,645	8,512
Pension & Post-Retirement Benefits	4,832	4,752	5,391	6,594	6,173	7,500
Long-Term Deferred Tax Liabilities	12,849	12,694	12,986	15,678	19,529	19,903
Other Long-Term Liabilities	2,896	3,563	3,066	3,502	8,057	3,747
Total Liabilities	413,882	394,529	402,622	412,064	422,993	370,825
Common Stock	5,615	5,615	5,615	5,615	5,615	5,615
Additional Paid-In Capital	60,331	60,331	60,331	60,331	60,331	60,331
Retained Earnings	55,015	58,294	70,008	93,755	111,997	88,492
Comprehensive Income & Other	3,050	-6,713	-10,003	4,661	8,047	4,330
Total Common Equity	124,011	117,527	125,951	164,362	185,990	158,769
Minority Interest	12,031	11,424	12,979	13,706	14,896	12,235
Shareholders' Equity	136,043	128,950	138,930	178,068	200,885	171,003
Total Liabilities & Equity	549,924	523,480	541,552	590,132	623,878	541,828
Total Debt	272,217	264,148	262,025	254,346	254,313	224,377
Net Cash (Debt)	-235,763	-236,164	-243,986	-234,590	-232,569	-207,921
Net Cash Per Share	-41.99	-42.06	-43.46	-41.78	-41.42	-37.03
Filing Date Shares Outstanding	5,615	5,615	5,615	5,615	5,615	5,615
Total Common Shares Outstanding	5,615	5,615	5,615	5,615	5,615	5,615
Working Capital	4,288	-3,921	-8,621	-11,993	13,507	15,738
Book Value Per Share	19.43	18.28	19.78	26.62	30.47	25.62
Tangible Book Value	76,963	71,967	77,869	112,810	134,086	108,209
Tangible Book Value Per Share	11.05	10.16	11.22	17.44	21.23	16.62
Land	-	27,975	16,513	17,275	16,323	14,518
Buildings	-	42,045	42,255	42,849	40,429	35,232
Machinery	-	355,861	363,000	387,410	374,065	326,046
Construction In Progress	-	28,333	35,896	37,743	35,335	32,526

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