Thai Union Feedmill 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	673.7	1,077	387.28	165.39	346.38
Short-Term Investments	350	-	200	50	200
Cash & Short-Term Investments	1,024	1,077	587.28	215.39	546.38
Cash Growth	-4.95%	83.40%	172.67%	-60.58%	358.12%
Accounts Receivable	847.5	766.58	722.51	771.04	630.91
Other Receivables	24.29	32.54	28.17	9.58	9.98
Receivables	871.79	799.11	750.68	780.62	640.89
Inventory	460.26	492.04	454.25	564.41	487.08
Prepaid Expenses	-	-	-	9.97	6.77
Other Current Assets	0.71	47.77	1.82	5.04	10.89
Total Current Assets	2,356	2,416	1,794	1,575	1,692
Property, Plant & Equipment	1,388	1,347	1,432	1,566	1,602
Other Intangible Assets	1.98	0.18	0.55	1.36	3.44
Long-Term Deferred Tax Assets	51.59	61.91	44.69	33.92	12.14
Other Long-Term Assets	31.13	31.07	49.45	25.41	33.6
Total Assets	3,830	3,856	3,321	3,202	3,344
Accounts Payable	355.08	429.68	417.78	424.37	420.39
Accrued Expenses	293.39	192.25	112.3	94.73	128.39
Short-Term Debt	194.44	147.79	61.13	48.62	-
Current Portion of Long-Term Debt	16.43	18.29	14.4	-	5.88
Current Portion of Leases	1.61	3.13	2.86	4.61	4.85
Current Income Taxes Payable	10.52	14.82	6.9	12.13	0.38
Current Unearned Revenue	17.97	6.61	5.97	6.65	13.13
Other Current Liabilities	14	84.75	12.97	28.98	16.72
Total Current Liabilities	903.45	897.33	634.3	620.09	589.73
Long-Term Debt	20.62	41.37	63.05	-	193.88
Long-Term Leases	1.88	9.74	2.45	3.73	8.73
Pension & Post-Retirement Benefits	178.64	171.2	168.11	133.05	146.55
Long-Term Deferred Tax Liabilities	-	-	-	-	1.24
Other Long-Term Liabilities	25.33	5.51	1.04	1.04	-
Total Liabilities	1,130	1,125	868.96	757.91	940.13
Common Stock	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	1,007	1,007	1,007	1,007	1,007
Retained Earnings	610.05	575.93	264.72	225.59	206.34
Comprehensive Income & Other	-79.56	-63.59	-43.67	-39.09	3.96
Total Common Equity	2,537	2,519	2,228	2,193	2,217
Minority Interest	162.33	211.36	223.83	250.65	186.28
Shareholders' Equity	2,700	2,731	2,452	2,444	2,403
Total Liabilities & Equity	3,830	3,856	3,321	3,202	3,344
Total Debt	234.99	220.32	143.89	56.96	213.33
Net Cash (Debt)	788.71	856.74	443.39	158.42	333.05
Net Cash Growth	-7.94%	93.22%	179.88%	-52.43%	-
Net Cash Per Share	0.79	0.86	0.44	0.16	0.39
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	1,453	1,519	1,160	955.34	1,102
Book Value Per Share	2.54	2.52	2.23	2.19	2.22
Tangible Book Value	2,535	2,519	2,227	2,192	2,214
Tangible Book Value Per Share	2.54	2.52	2.23	2.19	2.21
Land	323.81	345.74	359.48	384.8	365.44
Buildings	864.05	883.3	896.32	890.28	648.84
Machinery	1,717	1,620	1,828	1,682	1,562
Construction In Progress	73.46	138.25	39.88	151.25	451.46

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