Major Development PCL Balance Sheet

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	95.25	272.37	362.29	1,008	539.05	1,548
Cash & Short-Term Investments	95.25	272.37	362.29	1,008	539.05	1,548
Cash Growth	-74.73%	-24.82%	-64.04%	86.91%	-65.18%	298.30%
Accounts Receivable	19.91	28.81	21.48	18.41	19.16	15.39
Other Receivables	137.17	125.18	101.81	126.71	159.14	119.57
Receivables	240.69	296.89	389.89	413.76	178.3	379.76
Inventory	10,400	10,352	10,119	6,677	7,030	8,445
Other Current Assets	166.19	164.79	421.42	361.09	424.79	928.5
Total Current Assets	10,902	11,086	11,293	8,459	8,172	11,301
Property, Plant & Equipment	1,145	1,981	2,023	2,063	2,223	2,685
Long-Term Investments	499.38	560.36	340.02	225.52	103.93	108.51
Other Intangible Assets	18.25	18.88	21.6	19.3	16.5	19.64
Long-Term Deferred Tax Assets	183.3	251.6	246.66	181.17	120.26	164.29
Other Long-Term Assets	4,365	3,506	3,190	5,119	4,540	4,284
Total Assets	17,571	17,678	17,368	16,467	15,967	18,763
Accounts Payable	397.57	240	270.29	266.99	234.3	574.86
Accrued Expenses	-	110.32	98.17	137.35	82.91	130.93
Short-Term Debt	898.23	282.07	173.15	150	178.31	239.54
Current Portion of Long-Term Debt	6,072	5,223	2,675	3,432	3,514	4,840
Current Portion of Leases	2.66	4.46	3.81	8.93	11.31	10.09
Current Income Taxes Payable	6.05	3.95	9.45	19.15	0.26	45.36
Other Current Liabilities	538.26	487.17	643.64	565.87	770.44	1,421
Total Current Liabilities	7,914	6,351	3,874	4,580	4,791	7,262
Long-Term Debt	5,559	6,491	8,420	6,514	5,514	5,476
Long-Term Leases	14.39	21.94	20.72	23.23	19.24	26.62
Pension & Post-Retirement Benefits	75.11	68.01	60.13	51.09	52.14	54.94
Long-Term Deferred Tax Liabilities	299.93	310.92	307.48	299.38	250.34	266.9
Other Long-Term Liabilities	71.51	65.63	44.13	38.42	29.9	23.47
Total Liabilities	13,934	13,309	12,726	11,507	10,657	13,110
Common Stock	860.41	860.41	860.41	860.41	860.41	860.41
Additional Paid-In Capital	875.27	875.27	875.27	875.27	875.27	875.27
Retained Earnings	1,695	2,346	2,615	2,945	3,306	3,670
Comprehensive Income & Other	208.76	289.46	291.8	279.7	267.55	247.46
Total Common Equity	3,639	4,371	4,643	4,960	5,309	5,654
Minority Interest	-2.69	-1.94	-0.89	-0.08	0.41	-
Shareholders' Equity	3,637	4,369	4,642	4,960	5,310	5,654
Total Liabilities & Equity	17,571	17,678	17,368	16,467	15,967	18,763
Total Debt	12,546	12,022	11,293	10,128	9,237	10,593
Net Cash (Debt)	-12,450	-11,750	-10,931	-9,121	-8,697	-9,045
Net Cash Per Share	-14.51	-13.66	-12.70	-10.60	-10.11	-10.51
Filing Date Shares Outstanding	860.41	860.41	860.41	860.41	860.41	860.41
Total Common Shares Outstanding	860.41	860.41	860.41	860.41	860.41	860.41
Working Capital	2,987	4,736	7,419	3,879	3,381	4,040
Book Value Per Share	4.23	5.08	5.40	5.76	6.17	6.57
Tangible Book Value	3,621	4,353	4,621	4,941	5,293	5,634
Tangible Book Value Per Share	4.21	5.06	5.37	5.74	6.15	6.55
Land	-	-	-	807.2	892.56	1,125
Buildings	-	1,696	1,707	1,683	1,693	1,839
Machinery	-	376.16	360.26	354.11	358.58	388.34
Construction In Progress	-	2.74	0.12	0.02	2.11	8.43

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