TRC Construction 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	45.66	8.95	27.03	15.71	52.94	89.78
Cash & Short-Term Investments	45.66	8.95	27.03	15.71	52.94	89.78
Cash Growth	-18.01%	-66.88%	72.08%	-70.33%	-41.03%	-50.72%
Accounts Receivable	1,878	2,206	2,551	2,913	2,591	1,962
Other Receivables	87.45	68.92	36.14	80.26	89.87	14.21
Receivables	1,968	2,280	2,593	3,011	2,702	1,977
Inventory	-	-	-	1.61	1.61	1.68
Prepaid Expenses	-	-	-	15.12	14.01	16.53
Other Current Assets	384.4	419.2	545.29	508	472.98	705.93
Total Current Assets	2,398	2,708	3,165	3,551	3,244	2,791
Property, Plant & Equipment	715.67	756.91	549.13	586.66	637.61	647.98
Long-Term Investments	389.82	100.97	102.22	123.99	138.89	123.58
Other Intangible Assets	3.46	4.68	6.92	9.1	11.18	13.27
Long-Term Deferred Tax Assets	5.46	9.82	9.01	20.51	27.3	42.48
Other Long-Term Assets	76.19	131.42	94.51	61.72	36.71	35.63
Total Assets	3,589	3,712	3,927	4,353	4,095	3,653
Accounts Payable	890.22	784.66	877.89	694.48	712.89	651.4
Accrued Expenses	271.53	172.98	106.71	92.04	60.15	58.81
Short-Term Debt	947.33	999.26	1,178	1,013	796.62	709.46
Current Portion of Long-Term Debt	13.2	-	-	-	-	-
Current Portion of Leases	16.21	16.03	10.81	10.38	13.05	16.71
Current Income Taxes Payable	-	-	-	0.24	1.28	-
Current Unearned Revenue	303.36	407.66	559.81	617.56	910.99	923.92
Other Current Liabilities	897.67	1,306	1,358	1,560	1,161	768.36
Total Current Liabilities	3,340	3,686	4,091	3,988	3,656	3,129
Long-Term Debt	125.72	138.92	-	-	-	-
Long-Term Leases	9.77	14.78	12.7	7.8	8.21	15.67
Pension & Post-Retirement Benefits	29.98	52.17	47.83	38.71	61.27	82.11
Long-Term Deferred Tax Liabilities	49.44	49.44	-	-	-	-
Other Long-Term Liabilities	13.89	13.89	13.89	16.38	2.49	20
Total Liabilities	3,568	3,956	4,166	4,051	3,728	3,246
Common Stock	2,097	1,498	1,198	1,198	1,198	1,198
Additional Paid-In Capital	27.74	179.76	-	-	-	-
Retained Earnings	-2,319	-2,137	-1,454	-913.84	-812.14	-776.78
Comprehensive Income & Other	212.96	213.52	15.11	15.82	13.16	14.44
Total Common Equity	18.26	-245.93	-240.66	300.37	399.41	436.05
Minority Interest	1.95	1.95	1.95	2.46	-31.61	-29.02
Shareholders' Equity	20.21	-243.98	-238.71	302.83	367.8	407.03
Total Liabilities & Equity	3,589	3,712	3,927	4,353	4,095	3,653
Total Debt	1,112	1,169	1,202	1,031	817.88	741.84
Net Cash (Debt)	-1,067	-1,160	-1,175	-1,016	-764.94	-652.06
Net Cash Per Share	-0.91	-1.18	-1.47	-1.27	-0.96	-0.82
Filing Date Shares Outstanding	1,398	998.66	798.93	798.93	798.93	798.93
Total Common Shares Outstanding	1,398	998.66	798.93	798.93	798.93	798.93
Working Capital	-941.61	-978.59	-926.08	-436.26	-411.92	-338.13
Book Value Per Share	0.01	-0.25	-0.30	0.38	0.50	0.55
Tangible Book Value	14.8	-250.61	-247.58	291.27	388.23	422.78
Tangible Book Value Per Share	0.01	-0.25	-0.31	0.36	0.49	0.53
Land	-	389.24	142.06	142.06	142.06	142.06
Buildings	-	404.4	404.4	400.76	395.5	343.41
Machinery	-	600.43	657.49	811.37	803.64	787.68
Construction In Progress	-	6.02	6.21	16.63	31.61	75.13

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