NL Development 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	129.51	233.51	127.36	61.66	80.53	428.67
Short-Term Investments	0.31	0.2	58.74	16.79	-	-
Trading Asset Securities	237.97	316.5	210.1	141.26	107.3	1.63
Cash & Short-Term Investments	367.79	550.21	396.2	219.71	187.82	430.3
Cash Growth	-47.98%	38.87%	80.33%	16.98%	-56.35%	142.75%
Accounts Receivable	548.52	477.02	623.83	731.54	706.35	354.44
Other Receivables	10.71	11.16	3.93	2.39	5.49	16.58
Receivables	559.24	488.17	627.75	733.93	711.84	371.02
Inventory	55.5	110.74	84.69	77.47	86.87	46.22
Prepaid Expenses	11.78	7.15	6.58	6.8	7.33	7.59
Other Current Assets	22.63	20.16	30.71	9.89	19.46	28.02
Total Current Assets	1,017	1,176	1,146	1,048	1,013	883.15
Property, Plant & Equipment	192.56	194.43	180.42	185.16	199.01	208.07
Other Intangible Assets	8.07	9.5	11.35	12.4	13.69	9.47
Long-Term Accounts Receivable	24.53	12.66	33.13	16.18	100.36	73.4
Long-Term Deferred Tax Assets	1.68	1.41	2.33	0.45	2.81	9.32
Other Long-Term Assets	93.48	96.4	70.61	72.56	88.39	90.75
Total Assets	1,337	1,491	1,444	1,335	1,418	1,274
Accounts Payable	251.34	315.89	527.02	448.1	405.49	360.79
Accrued Expenses	8.75	12.67	27	22.78	13.81	13.57
Current Portion of Leases	2	3.35	3.3	1.38	1.58	1.62
Current Income Taxes Payable	-	-	-	-	2.82	-
Current Unearned Revenue	136.61	157.72	143.8	135.32	169.67	97.75
Other Current Liabilities	73.13	78.91	86.87	83.54	70.06	58.66
Total Current Liabilities	471.83	568.54	788	691.11	663.43	532.38
Long-Term Leases	9.21	12.11	15.6	11.84	3.92	1.66
Pension & Post-Retirement Benefits	31.66	28.13	24.15	21.73	29.88	26.2
Other Long-Term Liabilities	50.45	66.04	76.81	49.77	100.69	123.57
Total Liabilities	563.15	674.83	904.56	774.45	797.92	683.81
Common Stock	500	500	370	370	350	350
Additional Paid-In Capital	199.13	199.13	-	-	-	-
Retained Earnings	55.55	97.45	149.8	170.68	249.85	220.52
Comprehensive Income & Other	19.42	19.42	19.42	19.42	19.45	19.45
Total Common Equity	774.1	815.99	539.22	560.1	619.3	589.97
Minority Interest	0	0	0	0	0.37	0.37
Shareholders' Equity	774.1	815.99	539.22	560.1	619.67	590.34
Total Liabilities & Equity	1,337	1,491	1,444	1,335	1,418	1,274
Total Debt	11.21	15.46	18.9	13.22	5.5	3.28
Net Cash (Debt)	356.58	534.74	377.3	206.49	182.32	427.02
Net Cash Growth	-48.38%	41.73%	82.72%	13.26%	-57.30%	152.00%
Net Cash Per Share	0.71	1.10	1.02	0.58	0.52	1.25
Filing Date Shares Outstanding	500	500	370	370	350	350
Total Common Shares Outstanding	500	500	370	370	350	350
Working Capital	545.11	607.88	357.93	356.69	349.89	350.77
Book Value Per Share	1.55	1.63	1.46	1.51	1.77	1.69
Tangible Book Value	766.03	806.49	527.87	547.7	605.61	580.5
Tangible Book Value Per Share	1.53	1.61	1.43	1.48	1.73	1.66
Land	-	57	57	57	57	57
Buildings	-	132.79	132.74	132.74	42.79	42.65
Machinery	-	210.77	190.19	183.23	278.64	267.51
Construction In Progress	-	-	0.74	-	-	-

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