Tangerine Beach Hotels 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	222.46	298.97	178.42	32.63	95.51	45.92
Short-Term Investments	235.6	133.14	115.83	364.83	401.9	502.58
Cash & Short-Term Investments	458.06	432.11	294.25	397.45	497.41	548.5
Cash Growth	30.85%	46.85%	-25.97%	-20.10%	-9.31%	-4.46%
Accounts Receivable	101.34	163.84	281.89	103.4	40.77	27.91
Other Receivables	5.34	20.64	18.15	13.7	13.31	8.21
Receivables	106.68	184.5	300.32	117.71	54.23	36.29
Inventory	46.5	34.74	37.51	33.83	20.18	14.06
Prepaid Expenses	-	16.23	10.16	11.07	16.16	2.84
Other Current Assets	65.91	-0	-	-	0	-
Total Current Assets	677.14	667.57	642.23	560.06	587.98	601.68
Property, Plant & Equipment	2,944	2,918	2,502	2,540	2,535	2,390
Long-Term Investments	853.09	836.36	762.65	713.28	814.4	719.13
Other Intangible Assets	0.29	0.5	0.79	0.27	0.61	1.01
Total Assets	4,475	4,423	3,908	3,813	3,938	3,712
Accounts Payable	174.59	47.99	55.21	35.95	20.12	23.54
Accrued Expenses	-	29.93	24.84	14.01	3.27	5.42
Short-Term Debt	59.3	89.76	67.65	61.4	29.08	17.73
Current Portion of Long-Term Debt	12	12	-	16	12.01	15
Current Portion of Leases	1.31	1.02	0.87	0.85	0.79	1.56
Current Income Taxes Payable	-	-	-	0.17	2.31	1.01
Current Unearned Revenue	-	21.75	8.97	11.92	19.2	7.65
Other Current Liabilities	10.92	46.22	45.72	48.36	23.02	18.1
Total Current Liabilities	258.12	248.67	203.27	188.66	109.79	90
Long-Term Debt	1	10	-	-	7.99	10
Long-Term Leases	0.95	1.69	2.71	4.05	4.91	9.15
Pension & Post-Retirement Benefits	47.21	42.15	36.11	27.6	27.17	24.98
Long-Term Deferred Tax Liabilities	770.23	769.35	684.83	697.87	331.04	305.68
Total Liabilities	1,078	1,072	926.92	918.18	480.9	439.81
Common Stock	244.8	244.8	244.8	244.8	244.8	244.8
Retained Earnings	1,061	1,020	957.36	882.42	1,081	1,182
Comprehensive Income & Other	2,092	2,086	1,779	1,768	2,132	1,846
Shareholders' Equity	3,397	3,351	2,981	2,895	3,457	3,272
Total Liabilities & Equity	4,475	4,423	3,908	3,813	3,938	3,712
Total Debt	74.56	114.47	71.23	82.3	54.78	53.43
Net Cash (Debt)	383.5	317.63	223.01	315.15	442.63	495.07
Net Cash Growth	50.41%	42.43%	-29.24%	-28.80%	-10.59%	-9.35%
Net Cash Per Share	19.21	15.88	11.15	15.76	22.13	24.75
Filing Date Shares Outstanding	20	20	20	20	20	20
Total Common Shares Outstanding	20	20	20	20	20	20
Working Capital	419.02	418.9	438.96	371.4	478.18	511.68
Book Value Per Share	169.87	167.55	149.05	144.76	172.86	163.62
Tangible Book Value	3,397	3,350	2,980	2,895	3,457	3,271
Tangible Book Value Per Share	169.85	167.52	149.01	144.74	172.83	163.57
Land	-	1,568	1,248	1,248	1,248	1,164
Buildings	-	1,164	1,196	1,182	1,114	1,087
Machinery	-	545.81	475.98	477.93	471.47	472.47

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