Mud & Hound 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	52.06	75.46	113.74	224.41	206.47
Trading Asset Securities	-	-	-	9.2	19.31
Cash & Short-Term Investments	52.06	75.46	113.74	233.61	225.78
Cash Growth	-31.01%	-33.65%	-51.31%	3.47%	37.10%
Accounts Receivable	46.93	58.1	60.84	57.61	61.29
Other Receivables	8.08	10.63	4.96	15.14	14.57
Receivables	55.01	68.74	65.8	72.75	75.85
Inventory	168.49	186.22	214.58	200.47	177.74
Prepaid Expenses	16.9	29.4	33.89	40.49	37.25
Other Current Assets	41.57	32.04	41.53	32.08	31.17
Total Current Assets	334.03	391.86	469.53	579.41	547.78
Property, Plant & Equipment	1,168	1,655	1,968	1,909	1,548
Goodwill	1,644	1,880	1,940	1,940	1,940
Other Intangible Assets	589.54	616.46	652.54	677.01	715.33
Other Long-Term Assets	159.3	171.25	152.91	147.36	145.3
Total Assets	3,895	4,715	5,183	5,252	4,897
Accounts Payable	223.5	199.65	248.25	213.21	176.95
Accrued Expenses	113.55	95.73	98.82	116.45	140.4
Short-Term Debt	451.08	220.26	253.12	220.69	233.35
Current Portion of Long-Term Debt	619.05	551.85	114.08	641.08	241.74
Current Portion of Leases	243.95	312.66	345.41	320.71	198.38
Current Income Taxes Payable	-	1.73	6.24	3.01	2.11
Current Unearned Revenue	13.48	7.37	6.3	14.79	11.18
Other Current Liabilities	130.54	120.09	166.75	131.9	127.29
Total Current Liabilities	1,795	1,509	1,239	1,662	1,131
Long-Term Debt	552.55	706.74	1,017	527.32	839.26
Long-Term Leases	329.34	526.14	636.2	732.01	567.41
Pension & Post-Retirement Benefits	19.89	24.11	22.21	20.1	19.42
Long-Term Deferred Tax Liabilities	73.91	116.44	129.68	123.29	158.82
Other Long-Term Liabilities	61.33	58.47	60.83	60.02	70.36
Total Liabilities	2,832	2,941	3,105	3,125	2,787
Common Stock	1,053	1,053	1,053	1,053	1,053
Additional Paid-In Capital	1,793	1,793	1,793	1,793	1,953
Retained Earnings	-1,862	-1,192	-882.18	-870.1	-1,055
Comprehensive Income & Other	239.97	225.12	198.89	212.34	198.94
Total Common Equity	1,224	1,879	2,163	2,188	2,151
Minority Interest	-161.47	-105.61	-84.89	-60.6	-40.94
Shareholders' Equity	1,062	1,774	2,078	2,128	2,110
Total Liabilities & Equity	3,895	4,715	5,183	5,252	4,897
Total Debt	2,196	2,318	2,366	2,442	2,080
Net Cash (Debt)	-2,144	-2,242	-2,252	-2,208	-1,854
Net Cash Per Share	-2.04	-2.13	-2.14	-2.10	-1.76
Filing Date Shares Outstanding	1,053	1,053	1,053	1,053	1,053
Total Common Shares Outstanding	1,053	1,053	1,053	1,053	1,053
Working Capital	-1,461	-1,117	-769.46	-1,082	-583.62
Book Value Per Share	1.16	1.78	2.05	2.08	2.04
Tangible Book Value	-1,010	-617.27	-429.62	-428.55	-504.39
Tangible Book Value Per Share	-0.96	-0.59	-0.41	-0.41	-0.48
Buildings	751.63	924.99	993.98	19.54	797.72
Machinery	777.6	856.4	870.5	1,718	699.1
Construction In Progress	1.34	4.49	24.32	31.58	30.38

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