Polynet 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	125.1	254.38	191.95	409.97	11.09
Short-Term Investments	151.46	50	100	-	-
Cash & Short-Term Investments	276.55	304.38	291.95	409.97	11.09
Cash Growth	-9.14%	4.26%	-28.79%	3595.44%	-34.65%
Accounts Receivable	225.28	206.72	234.38	225.48	137.14
Other Receivables	2.97	2.88	6.51	0.01	0.01
Receivables	228.25	209.6	240.89	225.49	137.15
Inventory	69.7	59.94	51.26	63.76	57.65
Prepaid Expenses	2.42	2.02	1.86	2.08	2.86
Other Current Assets	1.37	0.97	1.77	5.54	5.74
Total Current Assets	578.29	576.92	587.73	706.85	214.5
Property, Plant & Equipment	932.55	927.8	970.7	969.05	912.76
Other Intangible Assets	3.06	4	4.92	4.52	4.49
Other Long-Term Assets	7.03	0.94	2.55	12.45	3.15
Total Assets	1,521	1,510	1,566	1,693	1,135
Accounts Payable	81	86.63	66.44	94.13	64.67
Accrued Expenses	3.56	6.29	2.86	1.86	4.43
Short-Term Debt	-	-	-	9.89	11
Current Portion of Long-Term Debt	1.3	1.23	1.87	63.58	80.59
Current Portion of Leases	19.63	24.08	28.32	28.8	29.97
Current Income Taxes Payable	16.96	5.56	24.5	3.23	14.46
Current Unearned Revenue	6.42	12.48	0.39	1.11	29.15
Other Current Liabilities	20.7	13.25	45.36	49.6	31
Total Current Liabilities	149.58	149.52	169.74	252.2	265.27
Long-Term Debt	0.11	1.41	3.35	124.55	180.77
Long-Term Leases	6.68	26.31	51.5	72.96	66.81
Pension & Post-Retirement Benefits	12.83	11.45	10.85	9.41	11.86
Long-Term Deferred Tax Liabilities	22.45	25.75	28.58	30.46	22.97
Total Liabilities	191.65	214.44	264.02	489.58	547.68
Common Stock	450	450	450	450	330
Additional Paid-In Capital	679.91	679.91	679.91	679.91	3.9
Retained Earnings	196.81	162.75	169.16	70.57	250.96
Comprehensive Income & Other	2.55	2.55	2.8	2.8	2.36
Shareholders' Equity	1,329	1,295	1,302	1,203	587.22
Total Liabilities & Equity	1,521	1,510	1,566	1,693	1,135
Total Debt	27.72	53.03	85.04	299.78	369.15
Net Cash (Debt)	248.83	251.34	206.91	110.19	-358.05
Net Cash Growth	-1.00%	21.48%	87.77%	-	-
Net Cash Per Share	0.55	0.56	0.46	0.32	-1.09
Filing Date Shares Outstanding	450	450	450	450	330
Total Common Shares Outstanding	450	450	450	450	330
Working Capital	428.7	427.4	417.99	454.65	-50.77
Book Value Per Share	2.95	2.88	2.89	2.67	1.78
Tangible Book Value	1,326	1,291	1,297	1,199	582.73
Tangible Book Value Per Share	2.95	2.87	2.88	2.66	1.77
Land	123.28	123.28	123.28	123.28	123.28
Buildings	690.97	636.76	634.01	578.25	538.93
Machinery	1,199	1,164	1,168	1,143	1,024
Construction In Progress	19	32.61	12.43	3.47	29.95

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