Organización Terpel Balance Sheet

Financials in millions COP. Fiscal year is January - December.

Millions COP. 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	925,646	1,215,309	1,210,127	916,491	582,937	705,837
Cash & Short-Term Investments	925,646	1,215,309	1,210,127	916,491	582,937	705,837
Cash Growth	-19.04%	0.43%	32.04%	57.22%	-17.41%	16.40%
Accounts Receivable	1,361,805	1,238,916	1,277,039	1,462,614	1,635,678	1,134,681
Other Receivables	-	51,092	54,963	132,269	377,248	28,022
Receivables	1,361,805	1,290,008	1,332,002	1,594,883	2,012,926	1,162,702
Inventory	1,679,395	1,592,489	1,606,468	1,378,066	1,764,719	1,177,040
Prepaid Expenses	-	17,877	15,105	14,885	16,489	2,978
Other Current Assets	401,839	218,945	660,711	131,458	142,127	115,676
Total Current Assets	4,368,685	4,334,628	4,824,414	4,035,784	4,519,197	3,164,232
Property, Plant & Equipment	3,964,952	4,008,295	3,972,085	3,939,357	4,158,390	3,548,287
Long-Term Investments	20,136	20,596	17,138	19,001	16,667	8,798
Goodwill	316,636	318,718	334,301	328,052	362,704	339,602
Other Intangible Assets	559,464	542,466	646,450	642,896	821,846	784,762
Long-Term Accounts Receivable	302,556	308,808	309,974	308,626	292,638	273,278
Long-Term Deferred Tax Assets	40,888	42,987	56,808	48,988	60,583	32,063
Other Long-Term Assets	39,317	27,283	14,213	15,012	6,925	9,497
Total Assets	9,612,634	9,603,781	10,175,384	9,337,716	10,238,950	8,160,520
Accounts Payable	2,195,407	1,437,438	1,497,537	1,406,648	1,735,119	1,168,223
Accrued Expenses	137,368	345,290	308,297	462,968	246,394	218,933
Current Portion of Long-Term Debt	-	554,752	1,094,063	1,026,703	1,398,365	539,218
Current Portion of Leases	-	68,581	60,520	61,821	66,089	58,137
Current Income Taxes Payable	-	114,980	170,106	33,353	58,243	49,609
Other Current Liabilities	678,947	270,306	508,946	-	111,877	144,691
Total Current Liabilities	3,011,722	2,791,347	3,639,470	2,991,492	3,616,087	2,178,811
Long-Term Debt	-	2,308,366	1,960,237	2,364,698	2,169,910	2,160,164
Long-Term Leases	-	719,681	815,839	806,748	947,316	774,560
Pension & Post-Retirement Benefits	13,946	14,405	11,021	12,031	13,435	10,166
Long-Term Deferred Tax Liabilities	339,021	344,627	372,118	387,226	474,934	454,594
Other Long-Term Liabilities	2,968,696	12,694	26,941	24,151	8,586	6,918
Total Liabilities	6,333,385	6,191,121	6,825,626	6,586,346	7,230,268	5,585,213
Common Stock	195,999	195,999	195,999	195,999	195,999	195,999
Additional Paid-In Capital	219,366	219,366	219,366	219,366	219,366	219,366
Retained Earnings	2,517,511	2,619,971	2,256,996	1,921,579	1,803,221	1,664,765
Comprehensive Income & Other	346,063	377,014	677,025	414,100	789,690	494,848
Total Common Equity	3,278,939	3,412,350	3,349,387	2,751,045	3,008,276	2,574,978
Minority Interest	310.08	309.78	372.07	325.68	406.13	329.62
Shareholders' Equity	3,279,249	3,412,660	3,349,759	2,751,370	3,008,682	2,575,307
Total Liabilities & Equity	9,612,634	9,603,781	10,175,384	9,337,716	10,238,950	8,160,520
Total Debt	-	3,651,381	3,930,659	4,259,970	4,581,680	3,532,078
Net Cash (Debt)	925,646	-2,436,072	-2,720,532	-3,343,480	-3,998,744	-2,826,242
Net Cash Per Share	5102.06	-13427.47	-14995.39	-18429.04	-22040.81	-15578.06
Filing Date Shares Outstanding	181.42	181.42	181.42	181.42	181.42	181.42
Total Common Shares Outstanding	181.42	181.42	181.42	181.42	181.42	181.42
Working Capital	1,356,963	1,543,281	1,184,944	1,044,292	903,110	985,421
Book Value Per Share	18073.90	18808.65	18461.60	15163.58	16581.42	14193.11
Tangible Book Value	2,402,839	2,551,166	2,368,635	1,780,096	1,823,725	1,450,614
Tangible Book Value Per Share	13244.73	14061.86	13055.76	9811.77	10052.25	7995.69

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