Master Style 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	103.29	110.48	191.02	626.9	97.77	181.51
Trading Asset Securities	-	10.01	-	1,117	145.62	125.14
Cash & Short-Term Investments	103.29	120.49	191.02	1,744	243.39	306.65
Cash Growth	-60.27%	-36.92%	-89.05%	616.68%	-20.63%	38.57%
Accounts Receivable	15.76	19.06	14.72	7.07	4.91	2.79
Receivables	85.76	89.06	14.72	7.07	4.91	2.79
Inventory	111.66	133.18	120.59	100.52	62.51	26.41
Other Current Assets	31.05	24.6	19.85	19.01	19.95	5.84
Total Current Assets	331.75	367.34	346.17	1,871	330.76	341.69
Property, Plant & Equipment	1,600	1,516	1,589	1,138	424.29	233.49
Long-Term Investments	2,221	2,223	2,267	361.83	-	-
Other Intangible Assets	4.91	5.16	6.33	6.72	6.74	8.02
Long-Term Deferred Tax Assets	14.09	13.33	12.5	7.77	9.08	4.52
Other Long-Term Assets	154.74	161.88	214.01	251.98	175.73	12.21
Total Assets	4,327	4,286	4,506	3,637	946.6	599.94
Accounts Payable	84.08	20.81	29.89	24.57	17.2	10.72
Accrued Expenses	-	52.51	57.39	56.15	43.09	26.45
Short-Term Debt	65	65	50	-	-	-
Current Portion of Long-Term Debt	115.02	114.87	114.17	-	-	-
Current Portion of Leases	3.21	3.06	1.69	1.63	15.41	6.97
Current Income Taxes Payable	36.11	24.53	75.72	63.52	46.31	24.29
Current Unearned Revenue	106.66	101.97	92.26	77.97	72.58	58.28
Other Current Liabilities	13.88	32.83	54.82	123.94	54	161.16
Total Current Liabilities	423.95	415.58	475.95	347.78	248.59	287.87
Long-Term Debt	91.94	120.76	235.76	-	-	-
Long-Term Leases	288.98	289.73	292.56	293.64	291.18	140.91
Pension & Post-Retirement Benefits	9.13	8.56	6.42	4.42	3.06	3.78
Other Long-Term Liabilities	0.22	0.22	0.24	0.21	0.02	0.73
Total Liabilities	814.22	834.85	1,011	646.05	542.85	433.29
Common Stock	301.71	301.71	301.71	264	190	101
Additional Paid-In Capital	2,305	2,305	2,305	2,305	109.33	-
Retained Earnings	905.4	844.38	887.84	421.99	104.42	66.31
Comprehensive Income & Other	-	-	-	-	-	-0.67
Shareholders' Equity	3,512	3,451	3,495	2,991	403.75	166.64
Total Liabilities & Equity	4,327	4,286	4,506	3,637	946.6	599.94
Total Debt	564.13	593.42	694.19	295.28	306.59	147.88
Net Cash (Debt)	-460.85	-472.93	-503.17	1,449	-63.2	158.78
Net Cash Growth	-	-	-	-	-	83.54%
Net Cash Per Share	-1.53	-1.57	-1.66	4.84	-0.29	1.25
Filing Date Shares Outstanding	301.71	301.71	301.71	301.71	238.86	126.97
Total Common Shares Outstanding	301.71	301.71	301.71	301.71	238.86	126.97
Working Capital	-92.2	-48.24	-129.78	1,523	82.16	53.82
Book Value Per Share	11.64	11.44	11.58	9.91	1.69	1.31
Tangible Book Value	3,507	3,446	3,488	2,984	397	158.62
Tangible Book Value Per Share	11.62	11.42	11.56	9.89	1.66	1.25
Buildings	-	511.49	493.85	305.3	73.21	71.5
Machinery	-	519.42	517.51	417.72	107.27	70.36
Construction In Progress	-	322.14	293.87	135.94	-	0.03