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 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	774.58	704.4	606.66	563.07	368.48	698.25
Trading Asset Securities	11.82	13.51	13.59	22.45	28.02	33.26
Cash & Short-Term Investments	786.39	717.9	620.25	585.53	396.51	731.5
Cash Growth	12.50%	15.74%	5.93%	47.67%	-45.80%	3.54%
Accounts Receivable	316.67	302.66	424.27	435.23	437.87	345.61
Other Receivables	4.41	34.98	5.14	6.78	8.37	4.98
Receivables	331.1	367.72	429.41	442	466.35	350.6
Inventory	878.71	851.41	911.87	1,032	1,176	1,142
Other Current Assets	88.04	79.45	83.92	84.33	75.62	55.32
Total Current Assets	2,084	2,016	2,045	2,144	2,115	2,279
Property, Plant & Equipment	356.54	350.04	386.06	398.11	432.86	568.18
Long-Term Investments	430.65	409.08	418.91	411.26	483.31	342.2
Other Intangible Assets	6.52	7.12	7.81	10.23	12.86	13.8
Long-Term Accounts Receivable	12.35	10.97	15.18	14.61	17.83	41.84
Long-Term Deferred Tax Assets	35.06	36.39	40.93	32.6	40.15	40
Other Long-Term Assets	210.29	214.2	219.18	232.11	250.2	130.43
Total Assets	3,143	3,052	3,154	3,275	3,352	3,416
Accounts Payable	230.76	138.13	148.55	131.06	172.9	246.77
Accrued Expenses	-	29.18	56.66	25.21	28.36	16.08
Short-Term Debt	227.6	209.15	230.04	179.38	215.69	220.84
Current Portion of Long-Term Debt	-	-	5.26	9.6	9.6	1.23
Current Portion of Leases	21.11	18.8	19.36	18.59	17.42	17.23
Current Income Taxes Payable	13.36	8.61	14.19	6.39	7.28	7.78
Current Unearned Revenue	286	240.03	212.86	279.77	261.68	253.34
Other Current Liabilities	42.36	79.59	87.55	114.99	106.43	117.73
Total Current Liabilities	821.2	723.49	774.47	765	819.37	881
Long-Term Debt	-	-	-	5.26	14.86	0.62
Long-Term Leases	32.98	29.3	39.9	17.45	27.67	25.29
Pension & Post-Retirement Benefits	147.15	145.78	159.05	161.1	185.03	185.86
Other Long-Term Liabilities	17.86	17.11	20.01	19.1	19.54	-
Total Liabilities	1,019	915.68	993.42	967.91	1,066	1,093
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	769.28	786.4	801.24	734.48	690.22	703.67
Treasury Stock	-189.97	-189.97	-189.97	-	-	-
Comprehensive Income & Other	-95.81	-100.53	-89.93	-64.76	-42.24	-17.91
Total Common Equity	2,113	2,125	2,151	2,299	2,277	2,315
Minority Interest	10.78	10.54	9.31	8.07	7.97	7.54
Shareholders' Equity	2,124	2,136	2,160	2,307	2,285	2,323
Total Liabilities & Equity	3,143	3,052	3,154	3,275	3,352	3,416
Total Debt	281.69	257.25	294.56	230.29	285.25	265.21
Net Cash (Debt)	504.7	460.65	325.69	355.24	111.26	466.29
Net Cash Growth	25.21%	41.44%	-8.32%	219.28%	-76.14%	3.33%
Net Cash Per Share	0.70	0.63	0.45	0.47	0.15	0.64
Filing Date Shares Outstanding	675	675	675	750	750	750
Total Common Shares Outstanding	675	675	675	750	750	750
Working Capital	1,263	1,293	1,271	1,379	1,295	1,398
Book Value Per Share	3.13	3.15	3.19	3.07	3.04	3.09
Tangible Book Value	2,106	2,118	2,143	2,289	2,265	2,301
Tangible Book Value Per Share	3.12	3.14	3.17	3.05	3.02	3.07
Land	-	183.85	183.31	182.89	182.89	295.44
Buildings	-	1,023	1,013	998.03	995.78	1,007
Machinery	-	579.58	587.22	617.94	613.41	648.21
Construction In Progress	-	1.09	0.29	6.87	3.25	-

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