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	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	80.92	104.94	117.46	26.17	11.95	11.74
Short-Term Investments	0.16	-	-	-	-	0.13
Cash & Short-Term Investments	81.08	104.94	117.46	26.17	11.95	11.87
Cash Growth	-23.28%	-10.66%	348.84%	118.94%	0.67%	-
Accounts Receivable	82.07	78.62	85.05	78.25	70.87	56.06
Other Receivables	10.9	2.88	3.23	2.66	7.64	15.75
Receivables	92.97	81.5	88.28	80.9	78.51	124.3
Inventory	16.11	14.51	11.18	10.1	6.81	5.74
Prepaid Expenses	5.02	6.14	5.84	3.01	3.5	1.86
Other Current Assets	1.65	1.6	2.21	9.64	1.28	2.93
Total Current Assets	196.83	208.68	224.97	129.82	102.05	146.71
Property, Plant & Equipment	1,456	1,522	1,175	669.07	716.8	805.31
Other Intangible Assets	8.36	8.13	9.22	-	-	-
Long-Term Deferred Tax Assets	2.55	1.01	1.03	0.75	0.7	1.7
Other Long-Term Assets	13.48	8.15	13.21	8.88	2.61	5.87
Total Assets	1,681	1,748	1,424	808.53	822.15	959.59
Accounts Payable	51.57	44.59	42.28	39.53	36.85	38.13
Accrued Expenses	9.5	12.89	11.28	9.86	7.29	8.37
Short-Term Debt	39.41	11.29	-	-	35.52	64.23
Current Portion of Long-Term Debt	88.63	97.25	69.2	44.38	33.22	31.02
Current Portion of Leases	42.3	55.94	78.64	45.06	44.57	75.06
Current Income Taxes Payable	0.26	0.32	0.85	3.56	2.44	1.23
Current Unearned Revenue	7.34	15.49	-	-	-	-
Other Current Liabilities	14.63	23.78	15.66	13.28	9.71	45.08
Total Current Liabilities	253.63	261.54	217.91	155.67	169.61	263.11
Long-Term Debt	339.13	405.77	148.35	66.71	77.08	74.8
Long-Term Leases	95.25	112.19	149.59	89.81	96.96	123.02
Pension & Post-Retirement Benefits	5	5.05	5.09	3.41	3.49	3.81
Long-Term Deferred Tax Liabilities	85.57	79.98	72.39	71.37	70.67	68.67
Other Long-Term Liabilities	10	10	10	10	10	10
Total Liabilities	788.58	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	132.3	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	892.4	873.41	820.19	411.55	394.34	416.18
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	892.4	873.41	820.19	411.55	394.34	416.18
Total Liabilities & Equity	1,681	1,748	1,424	808.53	822.15	959.59
Total Debt	604.71	682.46	445.78	245.97	287.35	368.13
Net Cash (Debt)	-523.63	-577.52	-328.32	-219.8	-275.39	-356.25
Net Cash Per Share	-0.55	-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	-56.8	-52.86	7.06	-25.85	-67.56	-116.4
Book Value Per Share	0.93	0.91	0.85	0.61	0.49	0.52
Tangible Book Value	884.04	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.