TVD Holdings 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	26.11	27.79	70.43	387.99	84.66
Short-Term Investments	278.62	42.53	-	-	-
Cash & Short-Term Investments	304.73	70.32	70.43	387.99	84.66
Cash Growth	333.32%	-0.16%	-81.85%	358.29%	-56.46%
Accounts Receivable	9.22	27.46	44.35	90.15	97.68
Other Receivables	66.68	34.49	16.42	53.61	41.11
Receivables	107.26	111.62	80.54	156.89	138.79
Inventory	6.57	14.58	5	196.28	295.41
Prepaid Expenses	1.19	20.74	45.89	28.04	31.15
Other Current Assets	0.24	4.67	24.52	94.67	1.61
Total Current Assets	419.99	221.94	226.38	863.86	551.63
Property, Plant & Equipment	169.92	558.89	439.04	498.22	501.37
Long-Term Investments	-	-	13.97	23.33	18.33
Goodwill	2.24	1.73	-	15.26	15.26
Other Intangible Assets	27.88	61.8	30.22	92.44	87.02
Long-Term Deferred Tax Assets	79.4	192.17	219.27	181.58	72.4
Other Long-Term Assets	220.48	38.16	78.17	92.91	133.78
Total Assets	1,080	1,509	1,479	1,972	1,380
Accounts Payable	76.26	245.66	294.91	257.37	164.96
Accrued Expenses	26.93	81.27	90.94	56.47	86.36
Short-Term Debt	204.82	169.51	206.7	438.11	288.17
Current Portion of Long-Term Debt	1.2	1.2	2.5	-	-
Current Portion of Leases	6.77	96.35	45.42	65.79	86.69
Current Income Taxes Payable	-	3.41	1.52	0.26	-
Current Unearned Revenue	0.84	-	37.61	4.1	0.43
Other Current Liabilities	45.36	51.34	38.53	42.12	48
Total Current Liabilities	362.18	648.74	718.14	864.22	674.61
Long-Term Debt	3.6	4.8	25.14	-	-
Long-Term Leases	15.41	158.36	67.64	33.45	22.63
Long-Term Unearned Revenue	-	-	-	43.26	35
Pension & Post-Retirement Benefits	13.67	20.15	26.55	47.46	56.45
Other Long-Term Liabilities	3.24	0.01	0.47	1.56	6.38
Total Liabilities	398.1	832.05	837.95	989.95	795.08
Common Stock	876.18	876.18	876.18	855.8	447.71
Additional Paid-In Capital	544.68	544.68	772.09	937.79	529.7
Retained Earnings	-732.28	-743.09	-1,008	-775.47	-433.46
Comprehensive Income & Other	-7.1	-17.27	0.85	-13.47	-0.03
Total Common Equity	681.49	660.51	641.29	1,005	543.91
Minority Interest	-	16.71	-	-22.21	40.78
Shareholders' Equity	681.49	677.22	641.29	982.44	584.69
Total Liabilities & Equity	1,080	1,509	1,479	1,972	1,380
Total Debt	231.8	430.22	347.41	537.35	397.49
Net Cash (Debt)	72.93	-359.89	-276.98	-149.36	-312.83
Net Cash Per Share	0.04	-0.21	-0.16	-0.10	-0.36
Filing Date Shares Outstanding	1,752	1,752	1,752	1,712	895.41
Total Common Shares Outstanding	1,752	1,752	1,752	1,712	895.41
Working Capital	57.81	-426.8	-491.76	-0.36	-122.98
Book Value Per Share	0.39	0.38	0.37	0.59	0.61
Tangible Book Value	651.37	596.98	611.07	896.95	441.64
Tangible Book Value Per Share	0.37	0.34	0.35	0.52	0.49
Land	71.57	108.37	108.37	211.04	211.04
Buildings	103.06	154.97	154.97	154.78	152.79
Machinery	40.27	207.74	235.02	350.29	360.72
Construction In Progress	-	-	-	2.43	-
Leasehold Improvements	112.75	131.74	140.78	208.87	187.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.