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	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	132.99	360.86	280.85	343.57	251.39	712.71
Short-Term Investments	100.04	100.04	100.25	105.79	0.56	-
Cash & Short-Term Investments	233.03	460.9	381.1	449.36	251.95	712.71
Cash Growth	-15.60%	20.94%	-15.19%	78.35%	-64.65%	-48.55%
Accounts Receivable	2,638	2,564	2,744	2,752	2,904	2,017
Other Receivables	-	2.48	2.76	2.44	1.62	0.97
Receivables	2,638	2,567	2,746	2,755	2,905	2,018
Inventory	178.87	213.93	374.85	122.98	78.44	122.05
Other Current Assets	66.64	85.5	105.95	80.57	132.87	99.9
Total Current Assets	3,116	3,327	3,608	3,408	3,369	2,952
Property, Plant & Equipment	73.98	76.14	82.07	92.11	31.72	25.45
Long-Term Accounts Receivable	95.77	129.09	81.71	167.3	92.71	33.38
Long-Term Deferred Tax Assets	11.42	11.25	11.87	8.01	4.75	4.29
Other Long-Term Assets	309.5	305.99	304.57	310.22	238.66	239.52
Total Assets	3,607	3,850	4,089	3,985	3,736	3,255
Accounts Payable	1,437	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	93.5	211.06	105.79	140	349.37	-
Current Portion of Leases	2.89	2.86	2.84	2.76	2.62	0.93
Current Income Taxes Payable	11.66	11.66	2.71	-	-	18.87
Current Unearned Revenue	-	12.11	268.77	452.11	0.77	18.25
Other Current Liabilities	102.96	1,007	1,125	1,210	1,237	1,199
Total Current Liabilities	1,648	1,885	2,233	2,188	1,961	1,542
Long-Term Leases	2.42	2.98	1.35	3.63	1.43	0.45
Pension & Post-Retirement Benefits	37.33	36.49	33.13	29.66	23.8	21.46
Other Long-Term Liabilities	156.96	158.59	123.81	102.81	78.18	62.48
Total Liabilities	1,845	2,083	2,391	2,324	2,065	1,627
Common Stock	380	380	380	380	380	380
Additional Paid-In Capital	973.63	973.63	973.63	973.63	973.63	973.63
Retained Earnings	407.14	411.38	342.03	306.18	316.64	273.57
Comprehensive Income & Other	1.43	1.43	1.43	1.43	1.43	1.43
Shareholders' Equity	1,762	1,766	1,697	1,661	1,672	1,629
Total Liabilities & Equity	3,607	3,850	4,089	3,985	3,736	3,255
Total Debt	98.81	216.91	109.99	146.4	353.42	1.38
Net Cash (Debt)	134.22	243.99	271.12	302.96	-101.47	711.33
Net Cash Growth	141.01%	-10.01%	-10.51%	-	-	-48.54%
Net Cash Per Share	0.18	0.32	0.36	0.40	-0.13	0.94
Filing Date Shares Outstanding	760	760	760	760	760	760
Total Common Shares Outstanding	760	760	760	760	760	760
Working Capital	1,468	1,442	1,375	1,220	1,407	1,410
Book Value Per Share	2.32	2.32	2.23	2.19	2.20	2.14
Tangible Book Value	1,762	1,766	1,697	1,661	1,672	1,629
Tangible Book Value Per Share	2.32	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.