Thai Airways International PCL (BKK:THAI)

BKK:THAI Balance Sheet

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	84,703	84,212	52,939	34,540	5,515	8,674
Cash & Short-Term Investments	84,703	84,212	52,939	34,540	5,515	8,674
Cash Growth	2.56%	59.07%	53.27%	526.33%	-36.42%	-59.96%
Accounts Receivable	15,426	9,017	11,402	9,659	5,146	2,603
Other Receivables	241.12	3,263	5,080	3,472	3,129	3,080
Receivables	15,667	12,280	16,482	13,131	8,275	5,683
Inventory	4,692	4,000	5,254	4,449	4,132	4,241
Prepaid Expenses	-	2,006	3,058	4,142	1,952	594.48
Other Current Assets	40,265	32,511	16,343	3,542	4,922	1,059
Total Current Assets	145,327	135,009	94,076	59,804	24,796	20,251
Property, Plant & Equipment	111,699	112,392	109,627	107,837	104,145	158,950
Long-Term Investments	687.9	681.95	574.69	511	515.31	909.95
Other Intangible Assets	90.62	100.52	121.67	166.07	213.38	274.43
Long-Term Deferred Tax Assets	10,998	10,998	10,995	9,599	8,275	6,070
Other Long-Term Assets	30,928	33,327	23,596	20,260	23,275	22,842
Total Assets	299,730	292,508	238,991	198,178	161,219	209,297
Accounts Payable	28,947	8,040	2,284	4,739	8,973	19,498
Accrued Expenses	-	15,543	18,375	12,504	7,673	17,226
Short-Term Debt	-	-	-	39	-	14,990
Current Portion of Long-Term Debt	493.23	-	-	453.75	-	95,015
Current Portion of Leases	9,080	9,510	7,187	1,980	605.96	123,796
Current Income Taxes Payable	4.79	11.03	7.92	4.5	-	0.01
Current Unearned Revenue	38,948	38,754	37,576	35,679	17,753	16,158
Other Current Liabilities	0.83	4,729	8,767	8,258	12,343	15,413
Total Current Liabilities	77,474	76,587	74,196	63,657	47,348	302,096
Long-Term Debt	39,376	38,134	80,157	74,390	64,674	-
Long-Term Leases	69,238	81,097	77,074	85,142	74,595	5.24
Pension & Post-Retirement Benefits	7,182	7,287	5,649	5,428	6,202	17,279
Other Long-Term Liabilities	34,484	43,815	45,057	40,586	39,651	18,581
Total Liabilities	227,753	246,920	282,133	269,202	232,470	337,962
Common Stock	36,794	283,033	21,828	21,828	21,828	21,828
Additional Paid-In Capital	-	-	1,863	1,863	1,863	1,863
Retained Earnings	26,212	-104,136	-75,880	-103,848	-104,674	-161,898
Comprehensive Income & Other	8,898	-133,387	8,975	9,075	9,660	9,465
Total Common Equity	71,904	45,510	-43,214	-71,083	-71,323	-128,742
Minority Interest	73.01	78.67	71.4	58.08	72.63	77.63
Shareholders' Equity	71,977	45,589	-43,142	-71,025	-71,250	-128,665
Total Liabilities & Equity	299,730	292,508	238,991	198,178	161,219	209,297
Total Debt	118,187	128,741	164,418	162,004	139,875	233,807
Net Cash (Debt)	-33,484	-44,529	-111,478	-127,464	-134,360	-225,133
Net Cash Per Share	-1.40	-10.34	-51.07	-58.40	-61.55	-103.14
Filing Date Shares Outstanding	28,303	28,303	2,183	2,183	2,183	2,183
Total Common Shares Outstanding	28,303	28,303	2,183	2,183	2,183	2,183
Working Capital	67,853	58,422	19,880	-3,853	-22,553	-281,845
Book Value Per Share	2.54	1.61	-19.80	-32.57	-32.68	-58.98
Tangible Book Value	71,814	45,410	-43,336	-71,249	-71,536	-129,017
Tangible Book Value Per Share	2.54	1.60	-19.85	-32.64	-32.77	-59.11
Land	-	9,092	9,570	9,570	9,570	12,624
Buildings	-	14,854	14,697	14,774	15,124	16,790
Machinery	-	155,335	171,783	218,781	179,952	247,788
Construction In Progress	-	403	105	437	181	183

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