J.R.W. Utility 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	360.86	280.85	343.57	251.39	712.71
Short-Term Investments	100.04	100.25	105.79	0.56	-
Cash & Short-Term Investments	460.9	381.1	449.36	251.95	712.71
Cash Growth	20.94%	-15.19%	78.35%	-64.65%	-48.55%
Accounts Receivable	2,564	2,744	2,752	2,904	2,017
Other Receivables	2.48	2.76	2.44	1.62	0.97
Receivables	2,567	2,746	2,755	2,905	2,018
Inventory	213.93	374.85	122.98	78.44	122.05
Other Current Assets	85.5	105.95	80.57	132.87	99.9
Total Current Assets	3,327	3,608	3,408	3,369	2,952
Property, Plant & Equipment	76.14	82.07	92.11	31.72	25.45
Long-Term Accounts Receivable	129.09	81.71	167.3	92.71	33.38
Long-Term Deferred Tax Assets	11.25	11.87	8.01	4.75	4.29
Other Long-Term Assets	305.99	304.57	310.22	238.66	239.52
Total Assets	3,850	4,089	3,985	3,736	3,255
Accounts Payable	602.33	555.38	336.83	312.36	289.41
Accrued Expenses	38.03	172.88	46.54	58.88	15.67
Short-Term Debt	211.06	105.79	140	349.37	-
Current Portion of Leases	2.86	2.84	2.76	2.62	0.93
Current Income Taxes Payable	11.66	2.71	-	-	18.87
Current Unearned Revenue	12.11	268.77	452.11	0.77	18.25
Other Current Liabilities	1,007	1,125	1,210	1,237	1,199
Total Current Liabilities	1,885	2,233	2,188	1,961	1,542
Long-Term Leases	2.98	1.35	3.63	1.43	0.45
Pension & Post-Retirement Benefits	36.49	33.13	29.66	23.8	21.46
Other Long-Term Liabilities	158.59	123.81	102.81	78.18	62.48
Total Liabilities	2,083	2,391	2,324	2,065	1,627
Common Stock	380	380	380	380	380
Additional Paid-In Capital	973.63	973.63	973.63	973.63	973.63
Retained Earnings	411.38	342.03	306.18	316.64	273.57
Comprehensive Income & Other	1.43	1.43	1.43	1.43	1.43
Shareholders' Equity	1,766	1,697	1,661	1,672	1,629
Total Liabilities & Equity	3,850	4,089	3,985	3,736	3,255
Total Debt	216.91	109.99	146.4	353.42	1.38
Net Cash (Debt)	243.99	271.12	302.96	-101.47	711.33
Net Cash Growth	-10.01%	-10.51%	-	-	-48.54%
Net Cash Per Share	0.32	0.36	0.40	-0.13	0.94
Filing Date Shares Outstanding	760	760	760	760	760
Total Common Shares Outstanding	760	760	760	760	760
Working Capital	1,442	1,375	1,220	1,407	1,410
Book Value Per Share	2.32	2.23	2.19	2.20	2.14
Tangible Book Value	1,766	1,697	1,661	1,672	1,629
Tangible Book Value Per Share	2.32	2.23	2.19	2.20	2.14
Land	51.52	51.52	51.52	5.92	5.92
Buildings	48.03	48.03	48.03	42.46	42.46
Machinery	46.24	47.19	45.97	39.27	30.22

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