NSL Foods 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	265	227.5	133.93	115.15	459.33
Short-Term Investments	0.21	10.09	10	100	0
Trading Asset Securities	-	259.11	204.11	201.04	-
Cash & Short-Term Investments	265.21	496.7	348.04	416.19	459.33
Cash Growth	-46.61%	42.71%	-16.38%	-9.39%	4523.78%
Accounts Receivable	978.96	887.72	716.95	576.75	487.76
Other Receivables	36.7	13.03	3.89	2.91	1.08
Receivables	1,016	900.75	720.84	579.66	488.84
Inventory	448.09	320.44	274.38	267.1	188.84
Prepaid Expenses	17.86	21.69	12.67	15.76	7.44
Other Current Assets	13.54	13.63	5.24	2.7	2.46
Total Current Assets	1,760	1,753	1,361	1,281	1,147
Property, Plant & Equipment	1,577	1,189	1,050	969.7	925.79
Long-Term Investments	-	-	6.13	-	-
Goodwill	144.51	2.53	2.3	-	-
Other Intangible Assets	102.29	41.94	44.45	6.07	7.11
Long-Term Deferred Tax Assets	18.02	17.67	10.6	8.15	10.71
Other Long-Term Assets	71.01	73.26	25.09	24.34	20.37
Total Assets	3,673	3,077	2,500	2,290	2,111
Accounts Payable	714.88	651.25	523.71	458.75	405.87
Accrued Expenses	94.65	87.78	75.21	45.66	34.4
Short-Term Debt	100.59	71.71	60.21	58.79	38.66
Current Portion of Long-Term Debt	36.77	5.92	73.21	103.34	102.8
Current Portion of Leases	12.2	10.93	7.81	5.33	4.63
Current Income Taxes Payable	63.45	71.52	46.69	34.22	20.72
Current Unearned Revenue	4.63	5.37	7.33	-	-
Other Current Liabilities	95.14	127.29	65.14	67.48	21.11
Total Current Liabilities	1,122	1,032	859.31	773.56	628.18
Long-Term Debt	181.88	12.35	-	72.16	175.29
Long-Term Leases	83.99	55.85	14.41	7.37	5.58
Long-Term Unearned Revenue	0.79	5.01	9.88	-	-
Pension & Post-Retirement Benefits	62.04	48.81	39.6	30.47	49.83
Other Long-Term Liabilities	15.05	2.96	-	-	-
Total Liabilities	1,466	1,157	923.2	883.56	858.87
Common Stock	300	300	300	300	300
Additional Paid-In Capital	797.38	797.38	797.38	797.38	797.38
Retained Earnings	1,081	791.69	462.28	308.72	154.65
Comprehensive Income & Other	-0.15	-	-	-	-
Total Common Equity	2,178	1,889	1,560	1,406	1,252
Minority Interest	29.18	31.46	16.74	-	-
Shareholders' Equity	2,207	1,921	1,576	1,406	1,252
Total Liabilities & Equity	3,673	3,077	2,500	2,290	2,111
Total Debt	415.44	156.75	155.64	246.99	326.95
Net Cash (Debt)	-150.23	339.95	192.4	169.2	132.38
Net Cash Growth	-	76.69%	13.71%	27.81%	-
Net Cash Per Share	-0.50	1.13	0.64	0.56	0.49
Filing Date Shares Outstanding	300	300	300	300	300
Total Common Shares Outstanding	300	300	300	300	300
Working Capital	638.05	721.43	501.85	507.85	518.73
Book Value Per Share	7.26	6.30	5.20	4.69	4.17
Tangible Book Value	1,931	1,845	1,513	1,400	1,245
Tangible Book Value Per Share	6.44	6.15	5.04	4.67	4.15
Land	309.84	297.77	297.77	290.65	290.65
Buildings	899.44	808.8	736.49	702.42	693.81
Machinery	1,123	966.83	861.63	744.44	629.05
Construction In Progress	269.61	29.17	14.68	10.72	1.52

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