N.D. Rubber 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	249.93	228.76	111.46	112.41	159.2
Cash & Short-Term Investments	249.93	228.76	111.46	112.41	159.2
Cash Growth	9.26%	105.23%	-0.84%	-29.39%	13.72%
Accounts Receivable	124.14	103.47	93.04	92.58	121.68
Other Receivables	17.04	21.02	12.41	8.94	8.93
Receivables	142.01	125.32	105.45	101.52	130.61
Inventory	119.36	165.39	172.4	152.13	146.82
Other Current Assets	6.55	3.66	5.05	4.45	4.55
Total Current Assets	517.84	523.13	394.36	370.51	441.19
Property, Plant & Equipment	643.51	604.14	524.14	528.97	569.13
Long-Term Investments	-	-	15.09	89.17	100.09
Other Intangible Assets	96.73	92.14	97.77	107.57	115.37
Long-Term Deferred Tax Assets	2.08	2.5	7.87	3.65	0.46
Other Long-Term Assets	0.48	-	-	-	-
Total Assets	1,263	1,225	1,039	1,100	1,226
Accounts Payable	77.26	82.67	75.29	64.46	88.5
Accrued Expenses	10.76	22.75	23.78	19.17	40.01
Short-Term Debt	72.5	82.38	86.32	111.64	130.53
Current Portion of Long-Term Debt	7.2	7.2	8.82	-	-
Current Portion of Leases	6.83	3.46	0.38	0.36	0.69
Current Income Taxes Payable	1.32	1.28	-	-	0.66
Other Current Liabilities	31.91	14.04	11.39	6.16	4.92
Total Current Liabilities	207.77	213.78	205.99	201.78	265.29
Long-Term Debt	10.2	17.4	33.22	-	-
Long-Term Leases	17	2.52	0.41	0.79	1.15
Pension & Post-Retirement Benefits	15.9	14.35	13.45	12.21	11.01
Long-Term Deferred Tax Liabilities	28.82	29.77	33.35	35.8	39.94
Total Liabilities	279.69	277.82	286.42	250.59	317.39
Common Stock	456.89	456.89	346.89	346.89	346.89
Additional Paid-In Capital	465.84	465.84	380.64	380.64	380.64
Retained Earnings	76.33	55.18	64.98	136.88	171.66
Comprehensive Income & Other	-18.7	-32.3	-41.27	-16.78	7.62
Total Common Equity	980.36	945.61	751.24	847.63	906.81
Minority Interest	2.52	1.24	1.57	1.65	2.05
Shareholders' Equity	982.88	946.85	752.81	849.28	908.86
Total Liabilities & Equity	1,263	1,225	1,039	1,100	1,226
Total Debt	113.72	112.96	129.16	112.79	132.37
Net Cash (Debt)	136.21	115.79	-17.7	-0.38	26.84
Net Cash Growth	17.63%	-	-	-	-
Net Cash Per Share	0.36	0.25	-0.05	-0.00	0.08
Filing Date Shares Outstanding	456.89	456.89	346.89	346.89	346.89
Total Common Shares Outstanding	456.89	456.89	346.89	346.89	346.89
Working Capital	310.07	309.35	188.37	168.73	175.89
Book Value Per Share	2.15	2.07	2.17	2.44	2.61
Tangible Book Value	883.63	853.47	653.48	740.06	791.44
Tangible Book Value Per Share	1.93	1.87	1.88	2.13	2.28
Land	103.34	101.71	99.94	103.66	105.31
Buildings	378.78	374.21	372.06	384.69	394.95
Machinery	816.22	743.37	650.07	598.68	581.82
Construction In Progress	-	-	-	1.27	14.81

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