Lankem Developments Balance Sheet

Financials in millions LKR. Fiscal year is April - March.

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	764.99	864.79	822.07	84.55	93.41	153.53
Short-Term Investments	-	243.52	364.64	217.13	22.41	40.46
Cash & Short-Term Investments	764.99	1,108	1,187	301.68	115.83	193.99
Cash Growth	2.47%	-6.61%	293.37%	160.46%	-40.29%	83.94%
Accounts Receivable	485.65	271.95	316.96	309.57	135.75	84.62
Other Receivables	732.15	562.43	522.6	171.13	251.27	273.75
Receivables	1,218	834.39	839.55	480.7	806.6	746.54
Inventory	1,135	1,140	941.62	1,175	484.71	524.79
Other Current Assets	-	1.07	4.63	1.07	1.07	1.07
Total Current Assets	3,118	3,083	2,973	1,958	1,408	1,466
Property, Plant & Equipment	3,683	3,596	3,367	3,208	3,157	3,220
Long-Term Investments	45.5	59.32	47.66	46.73	5.15	35.04
Goodwill	629.06	629.06	629.06	629.06	629.06	629.06
Long-Term Deferred Tax Assets	-	-	-	-	-	8.79
Other Long-Term Assets	1,991	1,977	1,832	1,533	1,439	1,290
Total Assets	9,467	9,345	8,848	7,375	6,639	6,649
Accounts Payable	1,086	122.97	87.11	172.5	33.65	29.09
Accrued Expenses	-	341.31	277.63	286.68	1,020	1,145
Short-Term Debt	259.17	1,069	1,029	840.88	1,072	533.73
Current Portion of Long-Term Debt	469.95	223.97	289.14	353.15	442.28	850.22
Current Portion of Leases	0	0	0	0	0.6	0.54
Current Income Taxes Payable	9.8	10.96	1.68	10.16	21.54	14
Other Current Liabilities	15.43	979.45	1,023	808.27	932.21	1,235
Total Current Liabilities	1,841	2,748	2,708	2,472	3,522	3,808
Long-Term Debt	531.05	245.87	262.87	588.88	830.59	945.64
Long-Term Leases	0.12	0.12	0.12	0.12	4.09	3.95
Long-Term Unearned Revenue	157.95	164.7	174.15	183.6	192.57	197.1
Pension & Post-Retirement Benefits	2,296	2,210	1,791	1,199	1,130	1,558
Long-Term Deferred Tax Liabilities	890.23	892.91	787.01	638.03	67.42	-
Total Liabilities	5,716	6,261	5,723	5,081	5,746	6,513
Common Stock	2,158	1,558	1,558	1,558	1,558	1,558
Retained Earnings	207.67	266.83	169.62	68.86	-868.22	-1,214
Comprehensive Income & Other	-102.7	-92.38	-105.22	-106.16	-103.26	-83.6
Total Common Equity	2,263	1,732	1,622	1,521	586.53	260.36
Minority Interest	1,488	1,352	1,503	773.64	306.05	-123.94
Shareholders' Equity	3,751	3,084	3,125	2,294	892.58	136.42
Total Liabilities & Equity	9,467	9,345	8,848	7,375	6,639	6,649
Total Debt	1,260	1,539	1,582	1,783	2,349	2,334
Net Cash (Debt)	-495.3	-430.68	-394.85	-1,481	-2,234	-2,140
Net Cash Per Share	-3.31	-3.59	-3.29	-12.34	-18.61	-17.83
Filing Date Shares Outstanding	160	120	120	120	120	120
Total Common Shares Outstanding	160	120	120	120	120	120
Working Capital	1,277	335.67	264.72	-513.18	-2,114	-2,342
Book Value Per Share	14.14	14.44	13.52	12.67	4.89	2.17
Tangible Book Value	1,634	1,103	993.34	891.65	-42.54	-368.7
Tangible Book Value Per Share	10.21	9.19	8.28	7.43	-0.35	-3.07
Land	-	24.5	22.4	22.4	22.4	19.81
Buildings	-	689.64	680.07	663.45	653.28	635.84
Machinery	-	1,792	1,437	1,188	1,071	1,060
Construction In Progress	-	1.77	0.85	3.35	2.79	7.04
Leasehold Improvements	-	2,887	2,845	2,783	2,701	2,642

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