Thai Group Holdings 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
Investments in Debt Securities	41,343	44,321	39,264	36,640	34,441	39,926
Investments in Equity & Preferred Securities	13,619	13,058	12,236	11,988	12,786	13,495
Policy Loans	-	-	-	545.94	543.37	546.65
Other Investments	-	-	-	179.65	91.22	296.9
Total Investments	57,667	59,701	54,169	52,268	51,305	59,097
Cash & Equivalents	2,739	3,721	3,386	2,952	3,329	2,657
Reinsurance Recoverable	4,277	3,987	2,188	5,259	5,317	6,081
Other Receivables	1,730	2,350	3,062	3,708	3,145	4,478
Property, Plant & Equipment	18,104	18,012	16,953	16,901	16,626	15,451
Other Intangible Assets	1,464	1,481	1,473	1,498	1,569	1,632
Other Current Assets	630.59	853	803.41	1,429	596.3	693.86
Long-Term Deferred Tax Assets	2,177	1,982	1,945	1,919	1,821	1,060
Other Long-Term Assets	1,786	187.2	107.24	150.45	443.86	411.37
Total Assets	90,573	92,274	84,087	86,085	84,151	91,562
Accrued Expenses	7.97	907.19	973.51	748.93	824.67	1,216
Insurance & Annuity Liabilities	53,430	54,043	48,438	48,488	47,003	51,089
Unpaid Claims	4,751	4,991	3,028	-	-	-
Unearned Premiums	-	-	-	3,463	3,196	6,858
Reinsurance Payable	197.64	224.68	244.24	2,313	3,032	3,884
Current Portion of Long-Term Debt	2,304	2,482	4,327	2,864	2,026	2,130
Current Portion of Leases	1.74	1.87	1.41	5.43	342.58	198.69
Short-Term Debt	9,697	11,617	2,983	2,744	12,069	9,829
Current Income Taxes Payable	221.92	198.04	279.6	91.82	17.88	81.82
Long-Term Debt	6,947	4,229	12,158	14,479	3,406	3,534
Long-Term Leases	0.78	1.23	1.95	0.25	763.23	452.44
Long-Term Deferred Tax Liabilities	227.82	242.5	310.03	322.22	485.18	155.76
Other Current Liabilities	165.91	829.03	33.42	35.95	89.99	118.35
Other Long-Term Liabilities	2,060	1,218	887.65	1,330	1,014	1,433
Total Liabilities	80,305	81,289	73,955	77,158	74,531	81,545
Common Stock	7,521	7,521	7,521	7,521	7,521	7,521
Additional Paid-In Capital	18,224	18,224	18,224	18,224	18,224	18,224
Retained Earnings	8,530	8,321	8,136	7,225	7,190	4,136
Comprehensive Income & Other	-24,287	-23,417	-24,107	-24,356	-23,559	-19,902
Total Common Equity	9,988	10,649	9,774	8,614	9,376	9,980
Minority Interest	279.25	336.22	357.42	313.5	244.73	37.23
Shareholders' Equity	10,268	10,986	10,132	8,927	9,620	10,017
Total Liabilities & Equity	90,573	92,274	84,087	86,085	84,151	91,562
Filing Date Shares Outstanding	752.1	752.1	752.1	752.1	752.1	752.1
Total Common Shares Outstanding	752.1	752.1	752.1	752.1	752.1	752.1
Total Debt	18,951	18,331	19,470	20,093	18,607	16,144
Net Cash (Debt)	-16,212	-14,610	-16,084	-17,141	-15,278	-13,486
Net Cash Per Share	-21.47	-19.43	-21.39	-22.79	-20.31	-17.93
Book Value Per Share	13.28	14.16	13.00	11.45	12.47	13.27
Tangible Book Value	8,525	9,168	8,302	7,115	7,807	8,348
Tangible Book Value Per Share	11.33	12.19	11.04	9.46	10.38	11.10
Land	-	2,791	2,683	2,792	2,788	2,741
Buildings	-	1,042	926.18	941.47	964.29	970.84
Machinery	-	729.89	861.61	793.55	844.85	880.98
Construction In Progress	-	1,116	377.15	217.74	186.75	83.62