NL Development 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	275.79	233.51	127.36	61.66	80.53
Short-Term Investments	-	0.2	58.74	16.79	-
Trading Asset Securities	-	316.5	210.1	141.26	107.3
Cash & Short-Term Investments	275.79	550.21	396.2	219.71	187.82
Cash Growth	-49.88%	38.87%	80.33%	16.98%	-56.35%
Accounts Receivable	533.44	477.02	623.83	731.54	706.35
Other Receivables	-	11.16	3.93	2.39	5.49
Receivables	533.44	488.17	627.75	733.93	711.84
Inventory	66.09	110.74	84.69	77.47	86.87
Prepaid Expenses	-	7.15	6.58	6.8	7.33
Other Current Assets	209.06	20.16	30.71	9.89	19.46
Total Current Assets	1,084	1,176	1,146	1,048	1,013
Property, Plant & Equipment	189.28	194.43	180.42	185.16	199.01
Other Intangible Assets	7.6	9.5	11.35	12.4	13.69
Long-Term Accounts Receivable	25.65	12.66	33.13	16.18	100.36
Long-Term Deferred Tax Assets	2.32	1.41	2.33	0.45	2.81
Other Long-Term Assets	65.75	96.4	70.61	72.56	88.39
Total Assets	1,375	1,491	1,444	1,335	1,418
Accounts Payable	400.95	315.89	527.02	448.1	405.49
Accrued Expenses	-	12.67	27	22.78	13.81
Current Portion of Leases	1.72	3.35	3.3	1.38	1.58
Current Income Taxes Payable	-	-	-	-	2.82
Current Unearned Revenue	95.57	157.72	143.8	135.32	169.67
Other Current Liabilities	-	78.91	86.87	83.54	70.06
Total Current Liabilities	498.24	568.54	788	691.11	663.43
Long-Term Leases	8.77	12.11	15.6	11.84	3.92
Pension & Post-Retirement Benefits	35.6	28.13	24.15	21.73	29.88
Other Long-Term Liabilities	53.28	66.04	76.81	49.77	100.69
Total Liabilities	595.89	674.83	904.56	774.45	797.92
Common Stock	500	500	370	370	350
Additional Paid-In Capital	199.13	199.13	-	-	-
Retained Earnings	60.55	97.45	149.8	170.68	249.85
Comprehensive Income & Other	19.42	19.42	19.42	19.42	19.45
Total Common Equity	779.1	815.99	539.22	560.1	619.3
Minority Interest	0	0	0	0	0.37
Shareholders' Equity	779.1	815.99	539.22	560.1	619.67
Total Liabilities & Equity	1,375	1,491	1,444	1,335	1,418
Total Debt	10.5	15.46	18.9	13.22	5.5
Net Cash (Debt)	265.29	534.74	377.3	206.49	182.32
Net Cash Growth	-50.39%	41.73%	82.72%	13.26%	-57.30%
Net Cash Per Share	0.53	1.10	1.02	0.58	0.52
Filing Date Shares Outstanding	500	500	370	370	350
Total Common Shares Outstanding	500	500	370	370	350
Working Capital	586.15	607.88	357.93	356.69	349.89
Book Value Per Share	1.56	1.63	1.46	1.51	1.77
Tangible Book Value	771.5	806.49	527.87	547.7	605.61
Tangible Book Value Per Share	1.54	1.61	1.43	1.48	1.73
Land	-	57	57	57	57
Buildings	-	132.79	132.74	132.74	42.79
Machinery	-	210.77	190.19	183.23	278.64
Construction In Progress	-	-	0.74	-	-

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