Modernform Group 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	713.95	606.66	563.07	368.48	698.25	677.33
Trading Asset Securities	13.34	13.59	22.45	28.02	33.26	29.14
Cash & Short-Term Investments	727.29	620.25	585.53	396.51	731.5	706.47
Cash Growth	14.33%	5.93%	47.67%	-45.80%	3.54%	44.31%
Accounts Receivable	264.9	424.27	435.23	437.87	345.61	425.86
Other Receivables	4.23	5.14	6.78	8.37	4.98	6.77
Receivables	269.13	429.41	442	466.35	350.6	432.62
Inventory	932.85	911.87	1,032	1,176	1,142	992.19
Other Current Assets	94.58	83.92	84.33	75.62	55.32	44.48
Total Current Assets	2,024	2,045	2,144	2,115	2,279	2,176
Property, Plant & Equipment	362.93	386.06	398.11	432.86	568.18	621.24
Long-Term Investments	413.46	418.91	411.26	483.31	342.2	288.57
Other Intangible Assets	7.74	7.81	10.23	12.86	13.8	14.64
Long-Term Accounts Receivable	19.1	15.18	14.61	17.83	41.84	50.84
Long-Term Deferred Tax Assets	37.92	40.93	32.6	40.15	40	40.58
Other Long-Term Assets	207.17	219.18	232.11	250.2	130.43	151.14
Total Assets	3,079	3,154	3,275	3,352	3,416	3,343
Accounts Payable	229.53	148.55	131.06	172.9	246.77	161.56
Accrued Expenses	-	56.66	25.21	28.36	16.08	17.87
Short-Term Debt	227.21	230.04	179.38	215.69	220.84	193.56
Current Portion of Long-Term Debt	-	5.26	9.6	9.6	1.23	1.23
Current Portion of Leases	18.65	19.36	18.59	17.42	17.23	16.14
Current Income Taxes Payable	4.28	14.19	6.39	7.28	7.78	12.87
Current Unearned Revenue	311.94	212.86	279.77	261.68	253.34	254.14
Other Current Liabilities	23.57	87.55	114.99	106.43	117.73	120.87
Total Current Liabilities	815.18	774.47	765	819.37	881	778.24
Long-Term Debt	-	-	5.26	14.86	0.62	1.85
Long-Term Leases	34.38	39.9	17.45	27.67	25.29	42.41
Pension & Post-Retirement Benefits	146.71	159.05	161.1	185.03	185.86	193.33
Other Long-Term Liabilities	17.22	20.01	19.1	19.54	-	-
Total Liabilities	1,013	993.42	967.91	1,066	1,093	1,016
Common Stock	750	750	750	750	750	750
Additional Paid-In Capital	879.52	879.52	879.52	879.52	879.52	879.52
Retained Earnings	712.17	801.24	734.48	690.22	703.67	760.23
Treasury Stock	-189.97	-189.97	-	-	-	-
Comprehensive Income & Other	-96.24	-89.93	-64.76	-42.24	-17.91	-73.53
Total Common Equity	2,055	2,151	2,299	2,277	2,315	2,316
Minority Interest	10.53	9.31	8.07	7.97	7.54	10.72
Shareholders' Equity	2,066	2,160	2,307	2,285	2,323	2,327
Total Liabilities & Equity	3,079	3,154	3,275	3,352	3,416	3,343
Total Debt	280.24	294.56	230.29	285.25	265.21	255.2
Net Cash (Debt)	447.05	325.69	355.24	111.26	466.29	451.27
Net Cash Growth	12.76%	-8.32%	219.28%	-76.14%	3.33%	52.62%
Net Cash Per Share	0.63	0.45	0.47	0.15	0.64	0.60
Filing Date Shares Outstanding	675	675	750	750	750	750
Total Common Shares Outstanding	675	675	750	750	750	750
Working Capital	1,209	1,271	1,379	1,295	1,398	1,398
Book Value Per Share	3.05	3.19	3.07	3.04	3.09	3.09
Tangible Book Value	2,048	2,143	2,289	2,265	2,301	2,302
Tangible Book Value Per Share	3.03	3.17	3.05	3.02	3.07	3.07
Land	-	183.31	182.89	182.89	295.44	295.21
Buildings	-	1,013	998.03	995.78	1,007	997.44
Machinery	-	587.22	617.94	613.41	648.21	646.52
Construction In Progress	-	0.29	6.87	3.25	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.