V.L. Enterprise 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	74.61	43.13	116.96	122.97	193.06	177.26
Short-Term Investments	51.26	51.16	50.52	80.62	100.65	100.69
Cash & Short-Term Investments	125.87	94.28	167.49	203.59	293.71	277.95
Cash Growth	-16.38%	-43.71%	-17.73%	-30.68%	5.67%	2.17%
Accounts Receivable	105	95.59	90.52	87.24	64.47	74.92
Other Receivables	0.78	2.59	3.72	2.81	2.08	4.47
Receivables	105.78	98.18	94.25	90.05	66.55	79.39
Inventory	31.35	22.99	25.86	24.67	26.85	21.68
Prepaid Expenses	5.8	6.17	6.74	9.98	9.85	8.58
Other Current Assets	1.51	0.98	1.64	1.12	1.03	0.41
Total Current Assets	270.32	222.6	295.97	329.4	397.99	388.01
Property, Plant & Equipment	1,221	1,254	1,365	1,567	1,480	1,560
Other Intangible Assets	2.13	2.25	2.75	3.24	3.74	3.62
Other Long-Term Assets	0.06	0.06	0.07	0.07	0.07	0.09
Total Assets	1,493	1,479	1,664	1,900	1,882	1,952
Accounts Payable	73.56	50.48	61.29	59.12	62.46	49.33
Current Portion of Long-Term Debt	133.44	146.22	170.37	189.29	154.43	146.21
Current Portion of Leases	1.91	2.25	1.72	1.64	1.57	1.64
Current Income Taxes Payable	4.06	2.37	6.02	1.81	2.26	2.54
Other Current Liabilities	22.33	12.85	29.13	9.76	23.98	2.1
Total Current Liabilities	235.3	214.17	268.52	261.63	244.69	201.82
Long-Term Debt	152.98	177.44	323.66	587.37	670.43	824.86
Long-Term Leases	5.74	7.95	10.2	11.91	13.55	15.12
Pension & Post-Retirement Benefits	7.52	7.31	6.25	4.92	4.66	4.06
Long-Term Deferred Tax Liabilities	13.07	12.83	13.05	12.72	10.93	11.25
Total Liabilities	414.6	419.69	621.67	878.55	944.27	1,057
Common Stock	591.81	591.81	591.81	591.81	539	483.35
Additional Paid-In Capital	231.59	231.59	231.59	231.59	231.59	231.59
Retained Earnings	241.96	222.25	205.27	184.71	153.72	166.39
Comprehensive Income & Other	13.52	13.52	13.52	13.52	13.52	13.52
Shareholders' Equity	1,079	1,059	1,042	1,022	937.83	894.85
Total Liabilities & Equity	1,493	1,479	1,664	1,900	1,882	1,952
Total Debt	294.07	333.85	505.94	790.21	839.98	987.84
Net Cash (Debt)	-168.2	-239.57	-338.45	-586.62	-546.27	-709.89
Net Cash Per Share	-0.14	-0.20	-0.29	-0.51	-0.50	-0.75
Filing Date Shares Outstanding	1,184	1,184	1,184	1,184	1,078	966.69
Total Common Shares Outstanding	1,184	1,184	1,184	1,184	1,078	966.69
Working Capital	35.03	8.42	27.45	67.78	153.3	186.19
Book Value Per Share	0.91	0.89	0.88	0.86	0.87	0.93
Tangible Book Value	1,077	1,057	1,039	1,018	934.08	891.23
Tangible Book Value Per Share	0.91	0.89	0.88	0.86	0.87	0.92
Machinery	2,191	2,148	2,150	2,298	2,094	2,187
Construction In Progress	-	0.79	1.29	0.96	4.49	-
Leasehold Improvements	-	3.89	3.89	3.89	3.89	3.63