TOA Paint (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	3,095	3,494	3,402	2,208	3,011	2,420
Short-Term Investments	238.83	138.49	-	-	-	-
Trading Asset Securities	4,097	3,672	4,340	4,115	4,611	4,224
Cash & Short-Term Investments	7,431	7,304	7,742	6,323	7,622	6,644
Cash Growth	10.15%	-5.65%	22.44%	-17.04%	14.72%	-3.05%
Accounts Receivable	2,989	3,082	3,654	3,551	3,141	2,848
Other Receivables	58.66	71.27	79.34	70.28	82.12	65.21
Receivables	3,057	3,162	3,743	3,631	3,233	2,913
Inventory	3,200	3,171	2,824	3,293	2,619	2,163
Prepaid Expenses	107.05	116.47	136.21	70.34	62.84	50.92
Other Current Assets	340.89	365.33	354.87	213.86	218.87	215.43
Total Current Assets	14,136	14,120	14,800	13,530	13,755	11,987
Property, Plant & Equipment	5,302	5,278	5,217	4,749	4,048	3,949
Long-Term Investments	282.28	421.87	124.93	-	-	5.71
Goodwill	336.13	336.13	355.34	355.34	49.57	-
Other Intangible Assets	92.89	149.84	216.16	239.92	253.95	196.95
Long-Term Accounts Receivable	233.76	216.06	208.68	185.28	166.61	128.21
Long-Term Deferred Tax Assets	197.36	195.41	164.72	168.1	147.69	147.09
Other Long-Term Assets	34.06	38.84	191.73	124.5	74.97	72.53
Total Assets	20,615	20,756	21,279	19,352	18,497	16,486
Accounts Payable	4,013	2,783	2,871	2,650	2,828	2,022
Accrued Expenses	-	1,006	967.73	952.39	748.36	794.84
Short-Term Debt	124.74	107.67	72.88	105.43	296.65	200
Current Portion of Long-Term Debt	109.62	81.49	79.04	3.3	0.12	-
Current Portion of Leases	199.27	183.08	190	162.4	151.51	151.98
Current Income Taxes Payable	166.47	253.56	315.34	206.62	205.62	272.76
Other Current Liabilities	155.36	507.82	432.65	368.4	357.29	248.78
Total Current Liabilities	4,768	4,923	4,929	4,449	4,588	3,690
Long-Term Debt	145.94	107.14	177.84	49.54	-	-
Long-Term Leases	710.73	792.31	932.6	916.81	1,026	945.54
Pension & Post-Retirement Benefits	521.23	483.06	334.12	352.09	417.23	437.57
Long-Term Deferred Tax Liabilities	69.41	75.82	82.55	89.28	6.96	-
Other Long-Term Liabilities	3.8	4.33	4.87	6.23	7.81	7.78
Total Liabilities	6,219	6,385	6,461	5,863	6,046	5,081
Common Stock	2,029	2,029	2,029	2,029	2,029	2,029
Additional Paid-In Capital	5,762	5,762	5,762	5,762	5,762	5,762
Retained Earnings	8,647	7,789	7,230	5,837	5,313	4,514
Treasury Stock	-1,478	-818.6	-	-	-	-
Comprehensive Income & Other	-1,248	-1,100	-949.27	-836.09	-816.73	-890.86
Total Common Equity	13,712	13,661	14,071	12,792	12,287	11,414
Minority Interest	683.61	709.23	747.01	697.8	164.27	-8.7
Shareholders' Equity	14,396	14,370	14,818	13,490	12,451	11,405
Total Liabilities & Equity	20,615	20,756	21,279	19,352	18,497	16,486
Total Debt	1,290	1,272	1,452	1,237	1,474	1,298
Net Cash (Debt)	6,140	6,033	6,289	5,085	6,147	5,346
Net Cash Growth	12.84%	-4.08%	23.68%	-17.28%	14.99%	-14.84%
Net Cash Per Share	3.13	3.00	3.10	2.51	3.03	2.63
Filing Date Shares Outstanding	1,939	1,992	2,029	2,029	2,029	2,029
Total Common Shares Outstanding	1,939	1,992	2,029	2,029	2,029	2,029
Working Capital	9,368	9,197	9,871	9,082	9,168	8,297
Book Value Per Share	7.07	6.86	6.93	6.30	6.06	5.63
Tangible Book Value	13,283	13,175	13,500	12,197	11,983	11,217
Tangible Book Value Per Share	6.85	6.61	6.65	6.01	5.91	5.53
Land	-	394.9	397.26	283.86	220.87	184.14
Buildings	-	3,367	3,335	2,896	2,463	2,388
Machinery	-	5,215	5,067	4,602	4,075	3,908
Construction In Progress	-	629.05	274.81	484.26	148.93	74.38

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