Thachang Green Energy 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	243.66	375.92	476.61	596.43	54.47
Accounts Receivable	192.75	160.58	134.14	157.54	150.23
Other Receivables	-	27.81	31.93	40.11	71.77
Inventory	107.16	85.07	108.35	106.16	114.13
Other Current Assets	340.82	21.33	25.63	14.88	8.46
Total Current Assets	884.39	670.71	776.66	915.11	399.06
Property, Plant & Equipment	2,221	2,035	2,066	1,942	2,048
Other Intangible Assets	400.34	131.41	105.01	101.62	90.24
Long-Term Deferred Tax Assets	3.02	2.04	2.2	2.95	3.39
Long-Term Deferred Charges	341.52	320.36	232.86	157.69	105.95
Other Long-Term Assets	295.74	263.45	192.05	242.57	101.08
Total Assets	4,146	3,423	3,375	3,362	2,748
Accounts Payable	28.63	35.87	31.91	27.72	20.71
Short-Term Debt	49.9	-	-	-	-
Current Portion of Long-Term Debt	222.05	223.46	223.28	223.09	234.93
Current Portion of Leases	7.11	6.06	4.31	4.02	2.24
Current Income Taxes Payable	2.54	2.72	-	-	-
Other Current Liabilities	380.99	58.8	57.7	61.01	77.71
Total Current Liabilities	691.21	326.91	317.2	315.84	335.59
Long-Term Debt	150.34	372.4	595.86	819.15	1,206
Long-Term Leases	75.16	82.27	72.69	77	68.14
Pension & Post-Retirement Benefits	9.8	6.16	7.62	6.06	4.41
Long-Term Deferred Tax Liabilities	2.05	2.51	1.57	1.24	0.94
Other Long-Term Liabilities	106.8	55.15	50.06	47.29	49.95
Total Liabilities	1,035	845.39	1,045	1,267	1,665
Common Stock	1,256	1,100	1,100	1,100	800
Additional Paid-In Capital	1,018	863.34	863.34	863.34	-
Retained Earnings	905.64	681.89	436.17	201.71	353.08
Comprehensive Income & Other	-68.94	-67.64	-69.91	-69.91	-69.91
Total Common Equity	3,111	2,578	2,330	2,095	1,083
Minority Interest	0.07	0.07	0.06	0.06	0.01
Shareholders' Equity	3,111	2,578	2,330	2,095	1,083
Total Liabilities & Equity	4,146	3,423	3,375	3,362	2,748
Total Debt	504.55	684.18	896.14	1,123	1,511
Net Cash (Debt)	-260.89	-308.26	-419.53	-526.83	-1,457
Net Cash Per Share	-0.10	-0.13	-0.19	-0.29	-0.91
Filing Date Shares Outstanding	2,512	2,200	2,200	2,200	1,600
Total Common Shares Outstanding	2,512	2,200	2,200	2,200	1,600
Working Capital	193.17	343.8	459.45	599.27	63.46
Book Value Per Share	1.24	1.17	1.06	0.95	0.68
Tangible Book Value	2,710	2,446	2,225	1,994	992.93
Tangible Book Value Per Share	1.08	1.11	1.01	0.91	0.62
Land	-	285.85	241.88	33.14	19.07
Buildings	-	598.8	595.51	594.31	595.28
Machinery	-	1,908	1,899	1,859	1,854
Construction In Progress	-	54.33	13.85	1.32	2.19

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