Shrinkflex (Thailand) 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	25.96	20.69	16	30.96	99.1	110.74
Short-Term Investments	1.12	0.64	16.6	7.66	103.43	161.32
Cash & Short-Term Investments	27.09	21.32	32.6	38.62	202.53	272.06
Cash Growth	45.10%	-34.60%	-15.58%	-80.93%	-25.56%	5059.72%
Accounts Receivable	188.19	180.01	167.75	152.98	136.98	135.67
Other Receivables	23.32	18.75	16.11	6.86	0.38	0.3
Receivables	211.51	198.76	183.85	159.84	137.36	135.97
Inventory	244.56	256.42	250.38	241.09	216.96	115.78
Prepaid Expenses	2.19	4.41	3.96	2.83	2.04	1.93
Other Current Assets	2.11	2.86	0.95	6.76	1.59	0.75
Total Current Assets	487.44	483.78	471.75	449.14	560.48	526.49
Property, Plant & Equipment	615.45	651.21	607.04	576.85	367.49	296.2
Other Intangible Assets	3.59	4.34	5.12	5.28	5.03	4.87
Long-Term Deferred Tax Assets	8.46	7.78	7.31	6.62	4.65	4.4
Long-Term Deferred Charges	8.25	7.38	5.99	4.8	4.39	6.22
Other Long-Term Assets	4.72	4.71	4.77	3.66	1.75	4.69
Total Assets	1,128	1,159	1,102	1,046	943.79	842.88
Accounts Payable	93.32	106.14	94.28	92.14	64.94	54.93
Accrued Expenses	26.83	22.88	22.63	20.27	27.99	24.08
Short-Term Debt	26.4	47.61	72.44	3.42	8.04	3.15
Current Portion of Long-Term Debt	38.74	37.94	19.58	9.9	8.33	11.67
Current Portion of Leases	15.12	14.08	11.73	12.76	13.56	11.69
Current Income Taxes Payable	-	-	-	-	2.88	1.64
Current Unearned Revenue	3.39	2.83	1.43	1.61	0.64	0.07
Other Current Liabilities	9.59	16.93	10.66	48.51	13.99	7.33
Total Current Liabilities	213.4	248.41	232.76	188.6	140.37	114.55
Long-Term Debt	67.15	96.38	65.13	47.44	-	8.33
Long-Term Leases	34.46	44.19	39.62	46.52	59.27	57.29
Pension & Post-Retirement Benefits	11.15	9.94	8.31	7.37	6.12	4.96
Total Liabilities	326.15	398.93	345.82	289.93	205.76	185.14
Common Stock	220	220	220	220	220	220
Additional Paid-In Capital	378.76	378.76	378.76	378.76	378.76	378.76
Retained Earnings	203	161.52	157.4	157.67	139.27	58.99
Shareholders' Equity	801.76	760.27	756.16	756.43	738.03	657.75
Total Liabilities & Equity	1,128	1,159	1,102	1,046	943.79	842.88
Total Debt	181.87	240.21	208.5	120.03	89.21	92.13
Net Cash (Debt)	-154.78	-218.88	-175.9	-81.41	113.32	179.93
Net Cash Growth	-	-	-	-	-37.02%	-
Net Cash Per Share	-0.35	-0.50	-0.40	-0.19	0.26	0.62
Filing Date Shares Outstanding	440	440	440	440	440	440
Total Common Shares Outstanding	440	440	440	440	440	440
Working Capital	274.04	235.36	238.99	260.54	420.11	411.94
Book Value Per Share	1.82	1.73	1.72	1.72	1.68	1.49
Tangible Book Value	798.17	755.93	751.04	751.15	733	652.88
Tangible Book Value Per Share	1.81	1.72	1.71	1.71	1.67	1.48
Land	-	71.84	71.84	71.84	71.84	71.84
Buildings	-	188.11	188.11	-	-	-
Machinery	-	593.34	578.54	493.03	408.87	330.29
Construction In Progress	-	87.68	0.23	216.04	28.96	0.26
Leasehold Improvements	-	29.29	27.56	14.87	14.35	13.97

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