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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	93.69	76.69	104.78	117.46	26.17	11.95
Short-Term Investments	0.17	0.17	0.16	-	-	-
Cash & Short-Term Investments	93.86	76.86	104.94	117.46	26.17	11.95
Cash Growth	16.38%	-26.76%	-10.66%	348.84%	118.94%	0.67%
Accounts Receivable	76.5	83.03	78.62	85.05	78.25	70.87
Other Receivables	2.15	3.19	2.88	3.23	2.66	7.64
Receivables	78.65	86.23	81.5	88.28	80.9	78.51
Inventory	27.07	16.79	14.51	11.18	10.1	6.81
Prepaid Expenses	5.88	8.08	6.14	5.84	3.01	3.5
Other Current Assets	16.67	18	1.6	2.21	9.64	1.28
Total Current Assets	222.14	205.96	208.68	224.97	129.82	102.05
Property, Plant & Equipment	1,391	1,429	1,522	1,175	669.07	716.8
Other Intangible Assets	7.1	7.71	8.13	9.22	-	-
Long-Term Accounts Receivable	3.92	4.06	-	-	-	-
Long-Term Deferred Tax Assets	4	2.84	1.01	1.03	0.75	0.7
Other Long-Term Assets	19.8	19.15	8.15	13.21	8.88	2.61
Total Assets	1,648	1,669	1,748	1,424	808.53	822.15
Accounts Payable	55.57	50.96	44.59	42.28	39.53	36.85
Accrued Expenses	6.65	5.72	7.6	11.28	9.86	7.29
Short-Term Debt	39.82	39.99	11.29	-	-	35.52
Current Portion of Long-Term Debt	84.5	86.56	97.25	69.2	44.38	33.22
Current Portion of Leases	40.21	41.22	55.94	78.64	45.06	44.57
Current Income Taxes Payable	9.07	7.74	0.32	0.85	3.56	2.44
Current Unearned Revenue	7.63	7.22	15.49	-	-	-
Other Current Liabilities	17.33	24.55	29.07	15.66	13.28	9.71
Total Current Liabilities	260.78	263.97	261.54	217.91	155.67	169.61
Long-Term Debt	298.87	319.02	405.77	148.35	66.71	77.08
Long-Term Leases	75.07	85.22	112.19	149.59	89.81	96.96
Pension & Post-Retirement Benefits	10.03	5.12	5.05	5.09	3.41	3.49
Long-Term Deferred Tax Liabilities	79.97	79.86	79.98	72.39	71.37	70.67
Other Long-Term Liabilities	10	10	10	10	10	10
Total Liabilities	734.72	763.19	874.53	603.33	396.98	427.81
Common Stock	480	480	480	480	340	340
Additional Paid-In Capital	283.31	283.31	283.31	283.31	-	-
Retained Earnings	157.88	145.27	113.31	60.09	73.74	56.54
Comprehensive Income & Other	-7.44	-3.21	-3.21	-3.21	-2.2	-2.2
Total Common Equity	913.74	905.37	873.41	820.19	411.55	394.34
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	913.74	905.37	873.41	820.19	411.55	394.34
Total Liabilities & Equity	1,648	1,669	1,748	1,424	808.53	822.15
Total Debt	538.47	572.01	682.46	445.78	245.97	287.35
Net Cash (Debt)	-444.61	-495.15	-577.52	-328.32	-219.8	-275.39
Net Cash Per Share	-0.46	-0.52	-0.60	-0.38	-0.32	-0.35
Filing Date Shares Outstanding	960	960	960	960	680	800
Total Common Shares Outstanding	960	960	960	960	680	800
Working Capital	-38.63	-58.01	-52.86	7.06	-25.85	-67.56
Book Value Per Share	0.95	0.94	0.91	0.85	0.61	0.49
Tangible Book Value	906.64	897.66	865.28	810.98	411.55	394.34
Tangible Book Value Per Share	0.94	0.94	0.90	0.84	0.61	0.49
Buildings	-	21.93	21.98	22.01	21.79	21.79
Machinery	-	1,936	1,983	1,590	1,061	1,095
Construction In Progress	-	2.53	2.82	4.49	3.52	4.43