United Paper 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
Cash & Equivalents	1,699	1,574	1,182	1,057	743.11	644.28
Short-Term Investments	800	700	803.57	900	500	-
Cash & Short-Term Investments	2,499	2,274	1,985	1,957	1,243	644.28
Cash Growth	19.01%	14.54%	1.43%	57.46%	92.95%	-3.62%
Accounts Receivable	1,054	892	952.12	961.45	1,059	1,191
Other Receivables	14.05	10.15	11.26	5.56	3.29	3.34
Receivables	1,068	902.15	963.38	967.01	1,063	1,194
Inventory	469.28	539.71	613.42	495.12	544.6	747
Prepaid Expenses	14.04	1.15	0.94	0.57	5.9	8.18
Other Current Assets	-	-	2.5	-	-	-
Total Current Assets	4,050	3,717	3,566	3,420	2,856	2,594
Property, Plant & Equipment	1,464	1,501	1,575	1,585	1,648	1,641
Long-Term Investments	-	-	-	-	50	-
Long-Term Deferred Tax Assets	35.75	35.8	37.78	42.04	55.25	41.65
Other Long-Term Assets	2.51	2.5	0.01	0.01	0.24	0.76
Total Assets	5,552	5,256	5,178	5,048	4,610	4,277
Accounts Payable	303.94	240.14	294.39	251.13	306.32	220.18
Accrued Expenses	76.24	66.88	73.62	73.57	72.03	85.26
Current Portion of Leases	3.28	3.27	3.59	2.39	3.73	3.88
Current Income Taxes Payable	100.88	57.64	38.42	53.89	46.74	57.69
Other Current Liabilities	21.99	18.23	22.21	5.77	11.88	2.9
Total Current Liabilities	506.34	386.16	432.23	386.75	440.71	369.9
Long-Term Leases	1.34	1.43	4.69	1.7	1.92	4.47
Pension & Post-Retirement Benefits	57.69	56.23	50.35	51.16	46.27	40.25
Other Long-Term Liabilities	2.19	2.18	1.97	2.96	2.3	1.87
Total Liabilities	567.56	446	489.24	442.57	491.19	416.5
Common Stock	650	650	650	650	650	650
Additional Paid-In Capital	174.46	174.46	174.46	174.46	174.46	174.46
Retained Earnings	4,160	3,986	3,864	3,781	3,294	3,036
Shareholders' Equity	4,985	4,810	4,689	4,605	4,119	3,861
Total Liabilities & Equity	5,552	5,256	5,178	5,048	4,610	4,277
Total Debt	4.63	4.69	8.28	4.09	5.66	8.35
Net Cash (Debt)	2,494	2,269	1,977	1,953	1,237	635.93
Net Cash Growth	19.21%	14.79%	1.22%	57.85%	94.59%	-4.21%
Net Cash Per Share	3.84	3.49	3.04	3.01	1.90	0.98
Filing Date Shares Outstanding	650	650	650	650	650	650
Total Common Shares Outstanding	650	650	650	650	650	650
Working Capital	3,543	3,331	3,133	3,033	2,416	2,224
Book Value Per Share	7.67	7.40	7.21	7.08	6.34	5.94
Tangible Book Value	4,985	4,810	4,689	4,605	4,119	3,861
Tangible Book Value Per Share	7.67	7.40	7.21	7.08	6.34	5.94
Land	-	143.08	143.08	143.08	138.58	138.58
Buildings	-	836.62	763.37	752	724.33	683.19
Machinery	-	3,707	3,493	3,414	3,402	3,335
Construction In Progress	-	35.93	207.22	282.77	210.66	130.4