Pilatus Marine 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	Mar '25 Mar 31, 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	80.49	104.94	117.46	26.17	11.95	11.74
Short-Term Investments	0.16	-	-	-	-	0.13
Cash & Short-Term Investments	80.65	104.94	117.46	26.17	11.95	11.87
Cash Growth	-33.02%	-10.66%	348.84%	118.94%	0.67%	-
Accounts Receivable	78.97	78.62	85.05	78.25	70.87	56.06
Other Receivables	2.5	2.88	3.23	2.66	7.64	15.75
Receivables	81.47	81.5	88.28	80.9	78.51	124.3
Inventory	10.39	14.51	11.18	10.1	6.81	5.74
Prepaid Expenses	6.01	6.14	5.84	3.01	3.5	1.86
Other Current Assets	11.91	1.6	2.21	9.64	1.28	2.93
Total Current Assets	190.44	208.68	224.97	129.82	102.05	146.71
Property, Plant & Equipment	1,492	1,522	1,175	669.07	716.8	805.31
Other Intangible Assets	7.81	8.13	9.22	-	-	-
Long-Term Deferred Tax Assets	2.03	1.01	1.03	0.75	0.7	1.7
Other Long-Term Assets	8.65	8.15	13.21	8.88	2.61	5.87
Total Assets	1,705	1,748	1,424	808.53	822.15	959.59
Accounts Payable	44.97	44.59	42.28	39.53	36.85	38.13
Accrued Expenses	12.47	12.89	11.28	9.86	7.29	8.37
Short-Term Debt	9.8	11.29	-	-	35.52	64.23
Current Portion of Long-Term Debt	93.36	97.25	69.2	44.38	33.22	31.02
Current Portion of Leases	45.95	55.94	78.64	45.06	44.57	75.06
Current Income Taxes Payable	0.32	0.32	0.85	3.56	2.44	1.23
Other Current Liabilities	27.7	39.26	15.66	13.28	9.71	45.08
Total Current Liabilities	234.56	261.54	217.91	155.67	169.61	263.11
Long-Term Debt	383.42	405.77	148.35	66.71	77.08	74.8
Long-Term Leases	103.71	112.19	149.59	89.81	96.96	123.02
Long-Term Deferred Tax Liabilities	82.37	79.98	72.39	71.37	70.67	68.67
Other Long-Term Liabilities	10	10	10	10	10	10
Total Liabilities	818.94	874.53	603.33	396.98	427.81	543.42
Common Stock	480	480	480	340	340	400
Additional Paid-In Capital	283.31	283.31	283.31	-	-	-
Retained Earnings	126.26	113.31	60.09	73.74	56.54	18.37
Comprehensive Income & Other	-3.21	-3.21	-3.21	-2.2	-2.2	-2.2
Total Common Equity	886.36	873.41	820.19	411.55	394.34	416.18
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	886.36	873.41	820.19	411.55	394.34	416.18
Total Liabilities & Equity	1,705	1,748	1,424	808.53	822.15	959.59
Total Debt	636.23	682.46	445.78	245.97	287.35	368.13
Net Cash (Debt)	-555.58	-577.52	-328.32	-219.8	-275.39	-356.25
Net Cash Per Share	-0.58	-0.60	-0.38	-0.32	-0.35	-0.45
Filing Date Shares Outstanding	960	960	960	680	800	800
Total Common Shares Outstanding	960	960	960	680	800	800
Working Capital	-44.12	-52.86	7.06	-25.85	-67.56	-116.4
Book Value Per Share	0.92	0.91	0.85	0.61	0.49	0.52
Tangible Book Value	878.55	865.28	810.98	411.55	394.34	416.18
Tangible Book Value Per Share	0.92	0.90	0.84	0.61	0.49	0.52
Buildings	-	21.98	22.01	21.79	21.79	21.79
Machinery	-	1,983	1,590	1,061	1,095	1,226
Construction In Progress	-	2.82	4.49	3.52	4.43	29.75

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