Tea Smallholder Factories 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	16.98	4.64	14.03	6.27	4.25	4.29
Short-Term Investments	50	-	-	52.04	216.13	187.27
Cash & Short-Term Investments	66.98	4.64	14.03	58.31	220.38	191.56
Cash Growth	34.71%	-66.91%	-75.94%	-73.54%	15.05%	36.84%
Accounts Receivable	162.68	45.48	46.62	57.31	55.34	36.67
Other Receivables	2.31	33.12	32.65	40.39	24.51	31.3
Receivables	164.99	80.23	81.09	99.19	80.95	68.63
Inventory	551.2	410.06	338.86	491.67	241.29	253.61
Other Current Assets	7.69	11.15	7.12	5.53	2.89	3.23
Total Current Assets	790.87	506.09	441.09	654.7	545.5	517.02
Property, Plant & Equipment	940.54	978.41	971.85	1,022	741.69	817.44
Goodwill	7.3	7.3	7.3	7.3	7.3	7.3
Other Intangible Assets	-	-	0.3	0.7	1.1	1.5
Long-Term Deferred Charges	0.06	3.2	4.99	6.14	0.54	0.48
Other Long-Term Assets	813.2	813.2	785.47	603.26	582.8	424.61
Total Assets	2,553	2,314	2,220	2,305	1,884	1,771
Accounts Payable	267.23	182.03	139.83	191.19	151.69	130.45
Accrued Expenses	-	1.37	1.21	1.23	0.26	0.24
Short-Term Debt	-	20.61	24.26	0.76	2.08	0
Current Income Taxes Payable	-	-	-	37.63	0.61	2.92
Current Unearned Revenue	-	-	-	-	8.54	8.54
Other Current Liabilities	108.78	33.4	34.77	132.16	55.61	36.38
Total Current Liabilities	376.01	237.42	200.06	362.97	218.81	178.53
Long-Term Unearned Revenue	0.37	0.39	0.41	0.43	0.45	0.47
Pension & Post-Retirement Benefits	52.53	38.91	43.13	35.08	38.53	45.55
Long-Term Deferred Tax Liabilities	332.67	324.21	303.52	287.74	110.15	99.05
Other Long-Term Liabilities	-	0	0	-	-	-
Total Liabilities	761.58	600.93	547.12	686.22	367.94	323.59
Common Stock	150	150	150	150	150	150
Retained Earnings	940.74	862.62	843	838.57	755.04	768.71
Comprehensive Income & Other	700.21	700.21	680.33	630.3	610.63	529.02
Shareholders' Equity	1,791	1,713	1,673	1,619	1,516	1,448
Total Liabilities & Equity	2,553	2,314	2,220	2,305	1,884	1,771
Total Debt	-	20.61	24.26	0.76	2.08	0
Net Cash (Debt)	66.98	-15.97	-10.23	57.54	218.29	191.55
Net Cash Growth	34.71%	-	-	-73.64%	13.96%	37.33%
Net Cash Per Share	2.22	-0.53	-0.34	1.92	7.28	6.39
Filing Date Shares Outstanding	30	30	30	30	30	30
Total Common Shares Outstanding	30	30	30	30	30	30
Working Capital	414.86	268.67	241.03	291.73	326.69	338.5
Book Value Per Share	59.70	57.09	55.78	53.96	50.52	48.26
Tangible Book Value	1,784	1,706	1,666	1,611	1,507	1,439
Tangible Book Value Per Share	59.45	56.85	55.52	53.70	50.24	47.96
Land	-	170.21	163.93	177.4	122.24	111.63
Buildings	-	571.43	546.75	564.37	451.43	495.5
Machinery	-	512.53	479.39	457.82	350.79	332.67
Construction In Progress	-	7.83	33.96	54.46	6.18	34.29

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