Starflex 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	93.75	62.08	80.78	129.08	74.83
Cash & Short-Term Investments	93.75	62.08	80.78	129.08	74.83
Cash Growth	51.02%	-23.16%	-37.42%	72.49%	-55.59%
Accounts Receivable	375.64	313.97	309.49	242.32	311.7
Other Receivables	-	2.18	12.07	21.03	33.85
Receivables	375.64	316.14	321.56	263.35	345.54
Inventory	307.09	398.49	325.97	333.36	333.85
Other Current Assets	83.47	40.27	27.38	21.56	21.62
Total Current Assets	859.94	816.99	755.69	747.34	775.84
Property, Plant & Equipment	835.07	851.31	806.36	792.54	639.13
Long-Term Investments	496.25	496.86	413.45	36.83	5
Other Intangible Assets	9.02	8.45	3.49	0.73	2.13
Long-Term Deferred Tax Assets	9.09	0.02	11.21	6.65	8.96
Other Long-Term Assets	35.98	13.03	45.9	17.76	75.51
Total Assets	2,245	2,187	2,036	1,602	1,507
Accounts Payable	351.91	225.94	231.97	213.94	235.6
Accrued Expenses	-	55.54	45.92	35.66	30.06
Short-Term Debt	270.94	237.92	382.72	29.24	52.73
Current Portion of Long-Term Debt	94.2	86.53	87.77	76.82	54.25
Current Portion of Leases	5.5	7.54	9.65	8.02	13.56
Current Income Taxes Payable	-	-	14.97	7.08	3.52
Other Current Liabilities	0.1	24.3	48.02	27.73	29.23
Total Current Liabilities	722.64	637.75	821.01	398.49	418.94
Long-Term Debt	285.49	341.49	149.93	157.09	70.38
Long-Term Leases	4.79	10.29	18.19	18.22	14.02
Pension & Post-Retirement Benefits	74.77	56.76	46.46	42.69	42.94
Total Liabilities	1,088	1,046	1,036	616.48	546.27
Common Stock	410	410	410	410	410
Additional Paid-In Capital	303.01	303.01	303.01	302.99	302.99
Retained Earnings	686.07	595.74	397.19	272.38	247.31
Treasury Stock	-226.99	-150.02	-100.06	-	-
Comprehensive Income & Other	-14.42	-18.37	-9.64	-	-
Shareholders' Equity	1,158	1,140	1,001	985.37	960.3
Total Liabilities & Equity	2,245	2,187	2,036	1,602	1,507
Total Debt	660.91	683.76	648.26	289.39	204.93
Net Cash (Debt)	-567.17	-621.68	-567.47	-160.31	-130.1
Net Cash Per Share	-0.75	-0.80	-0.71	-0.20	-0.16
Filing Date Shares Outstanding	820.01	776.34	791.79	820	820
Total Common Shares Outstanding	820.01	776.34	791.79	820	820
Working Capital	137.31	179.23	-65.33	348.85	356.9
Book Value Per Share	1.41	1.47	1.26	1.20	1.17
Tangible Book Value	1,149	1,132	997.02	984.64	958.17
Tangible Book Value Per Share	1.40	1.46	1.26	1.20	1.17
Land	-	163.81	163.82	152.82	152.82
Machinery	-	1,022	942.94	641.76	568.15
Construction In Progress	-	58.18	34.52	251.44	138.18

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