MFEC 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	615.74	199.32	256.26	281.97	141.84
Trading Asset Securities	26.07	134.17	58.94	48.48	57.85
Cash & Short-Term Investments	641.8	333.49	315.2	330.45	199.69
Cash Growth	92.45%	5.80%	-4.62%	65.48%	-12.52%
Accounts Receivable	2,143	2,599	2,833	2,688	2,620
Other Receivables	252.9	297.73	262.55	181.91	203.26
Receivables	2,494	2,972	3,158	2,916	2,849
Inventory	273.33	167.39	172.9	392.9	324.94
Prepaid Expenses	1,439	1,798	2,125	1,511	1,239
Other Current Assets	143.58	121.53	121.31	137.65	83.44
Total Current Assets	4,992	5,392	5,892	5,288	4,696
Property, Plant & Equipment	310.28	278.66	305.75	153.23	161.19
Long-Term Investments	477.04	407.7	386.96	226.97	179.37
Goodwill	278.18	257.97	257.97	257.97	257.97
Other Intangible Assets	28.81	20.79	20.14	9.98	20.1
Long-Term Deferred Tax Assets	82.79	62.66	58.31	65.28	55.56
Long-Term Deferred Charges	-	-	-	1.63	2.85
Other Long-Term Assets	468.07	479.3	461.23	272.88	283.49
Total Assets	6,645	6,941	7,382	6,276	5,657
Accounts Payable	968.59	864.3	1,177	841.28	917.7
Accrued Expenses	318.25	324.61	340.19	333.79	313.59
Short-Term Debt	70.95	296.34	484.07	628.06	405
Current Portion of Leases	34.4	26.89	27.61	50.79	43.7
Current Income Taxes Payable	4.78	1.85	1.09	1.36	1.83
Current Unearned Revenue	1,944	2,236	2,202	1,890	1,525
Other Current Liabilities	230.21	164.06	199.19	207.23	142.74
Total Current Liabilities	3,571	3,914	4,431	3,953	3,350
Long-Term Leases	154.34	149.78	168.12	81.37	107.48
Pension & Post-Retirement Benefits	261.46	228.77	205.57	179.26	181.01
Other Long-Term Liabilities	46.52	23.23	19.8	4.92	4.82
Total Liabilities	4,034	4,316	4,825	4,218	3,643
Common Stock	441.45	441.45	441.45	441.45	441.45
Additional Paid-In Capital	986.74	986.74	986.74	986.74	986.74
Retained Earnings	1,179	1,181	1,101	611.04	551.06
Comprehensive Income & Other	-22.54	-4.47	5.88	-9.58	9.09
Total Common Equity	2,585	2,605	2,535	2,030	1,988
Minority Interest	25.84	19.78	22.2	28.17	25.39
Shareholders' Equity	2,611	2,624	2,557	2,058	2,014
Total Liabilities & Equity	6,645	6,941	7,382	6,276	5,657
Total Debt	259.68	473.01	679.81	760.22	556.19
Net Cash (Debt)	382.12	-139.52	-364.61	-429.77	-356.5
Net Cash Per Share	0.87	-0.32	-0.83	-0.97	-0.80
Filing Date Shares Outstanding	441.45	441.45	441.45	441.45	441.45
Total Common Shares Outstanding	441.45	441.45	441.45	441.45	441.45
Working Capital	1,421	1,478	1,460	1,335	1,347
Book Value Per Share	5.86	5.90	5.74	4.60	4.50
Tangible Book Value	2,278	2,326	2,257	1,762	1,710
Tangible Book Value Per Share	5.16	5.27	5.11	3.99	3.87
Buildings	68.74	66.5	75.85	50.32	50.66
Machinery	399.59	345.83	395.06	419.5	404.16
Construction In Progress	-	-	-	0.04	-
Order Backlog	8,153	7,262	7,563	7,527	6,384

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