Ratch Group 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	10,960	14,253	8,930	23,563	34,341	6,961
Short-Term Investments	3,567	3,060	3,987	3,859	274.36	2,042
Trading Asset Securities	4,350	3,776	2,662	2,688	2,926	857.23
Accounts Receivable	11,438	10,204	6,457	7,197	14,565	12,821
Other Receivables	1,642	1,651	1,061	1,390	1,112	596.12
Inventory	2,654	2,653	2,446	2,513	1,946	1,902
Loans Receivable Current	10	10	10	-	-	-
Other Current Assets	775.9	730.48	493.2	407.56	319.77	136.49
Total Current Assets	35,397	36,337	26,044	41,618	55,484	25,316
Property, Plant & Equipment	51,271	49,769	49,948	55,283	56,113	38,138
Goodwill	9,473	9,107	9,855	9,734	9,940	169.24
Other Intangible Assets	8,157	8,205	8,806	9,533	9,575	6,905
Long-Term Investments	80,624	80,711	89,310	64,659	62,770	55,081
Long-Term Loans Receivable	7,086	6,856	7,172	5,512	5,238	3,309
Long-Term Deferred Tax Assets	305.33	327.94	138.85	-	-	97.67
Long-Term Deferred Charges	-	-	-	-	-	1,634
Long-Term Accounts Receivable	42,087	42,411	19,098	21,547	23,691	25,202
Other Long-Term Assets	4,781	4,280	3,964	5,592	6,766	1,163
Total Assets	239,183	238,004	214,337	213,479	229,578	157,015
Accounts Payable	5,521	5,614	3,937	6,303	11,443	9,414
Accrued Expenses	-	-	18.78	89.66	117.26	2.04
Short-Term Debt	10,334	12,028	11,845	1,945	8,685	5,365
Current Portion of Long-Term Debt	16,660	11,293	5,744	24,133	7,580	4,670
Current Portion of Leases	72.84	72.7	145.83	153.12	171.56	161.51
Current Income Taxes Payable	673.99	555.8	153.78	80.2	21.56	11.05
Other Current Liabilities	296.23	165.12	1,196	423.97	1,155	645.71
Total Current Liabilities	33,558	29,729	23,041	33,127	29,173	20,270
Long-Term Debt	78,997	88,379	72,543	60,418	79,353	49,417
Long-Term Leases	3,448	3,194	3,104	3,398	3,193	1,505
Pension & Post-Retirement Benefits	361.16	366.41	338.22	325.9	293.03	266.69
Long-Term Deferred Tax Liabilities	4,910	4,855	4,906	5,502	5,607	4,831
Other Long-Term Liabilities	4,386	3,833	4,032	3,575	4,555	1,447
Total Liabilities	125,660	130,357	107,963	106,345	122,175	77,738
Common Stock	21,750	21,750	21,750	21,750	21,750	14,500
Additional Paid-In Capital	19,280	19,280	19,280	19,280	19,280	1,532
Retained Earnings	69,763	68,534	65,794	63,147	61,460	59,374
Comprehensive Income & Other	-11,520	-16,113	-9,441	-6,179	-4,461	-5,070
Total Common Equity	99,272	93,451	97,382	97,997	98,029	70,336
Minority Interest	14,251	14,195	8,992	9,136	9,375	8,941
Shareholders' Equity	113,523	107,646	106,374	107,133	107,403	79,278
Total Liabilities & Equity	239,183	238,004	214,337	213,479	229,578	157,015
Total Debt	109,511	114,967	93,381	90,046	98,982	61,119
Net Cash (Debt)	-90,633	-93,878	-77,804	-59,936	-61,441	-51,259
Net Cash Per Share	-41.67	-43.16	-35.77	-27.56	-33.51	-35.35
Filing Date Shares Outstanding	2,175	2,175	2,175	2,175	2,175	1,450
Total Common Shares Outstanding	2,175	2,175	2,175	2,175	2,175	1,450
Working Capital	1,839	6,607	3,004	8,491	26,311	5,046
Book Value Per Share	45.64	42.97	44.77	45.06	45.07	48.51
Tangible Book Value	81,641	76,139	78,720	78,730	78,513	63,262
Tangible Book Value Per Share	37.54	35.01	36.19	36.20	36.10	43.63
Land	-	2,660	2,579	2,575	2,563	2,541
Buildings	-	1,037	761.4	762.21	719.69	814.9
Machinery	-	67,202	67,030	68,852	68,485	50,722
Construction In Progress	-	1,435	1,501	3,494	1,840	1,503

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