FRA:4QVA Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,436	3,749	5,378	3,457	2,611	2,975
Trading Asset Securities	93.01	92.8	92.29	94.25	94.42	94.92
Accounts Receivable	4,413	5,579	5,915	5,959	5,212	3,534
Other Receivables	839	929	657	633	867	344
Inventory	5,467	10,183	9,826	6,390	11,153	5,304
Prepaid Expenses	129	130	120	123	117	129
Other Current Assets	308.76	182.32	154.8	194.59	264.54	114.39
Total Current Assets	14,685	20,846	22,144	16,851	20,320	12,496
Property, Plant & Equipment	29,526	28,628	23,057	23,040	23,734	22,214
Goodwill	2,724	2,724	2,724	2,724	2,724	2,724
Other Intangible Assets	37.3	44.61	50.98	64.16	79.3	69.31
Long-Term Investments	2,496	2,450	2,425	2,280	2,210	2,131
Long-Term Loans Receivable	788.72	831.18	899.5	930.02	913.31	867.34
Long-Term Deferred Tax Assets	279.22	171.03	215.41	194.63	91.86	60.52
Other Long-Term Assets	2,142	1,195	1,329	988	821.75	825.91
Total Assets	52,678	56,890	52,845	47,072	50,894	41,388
Accounts Payable	3,972	3,144	4,471	4,687	6,666	3,506
Accrued Expenses	506	497	321	428	417	362
Short-Term Debt	3,606	8,189	6,869	4,295	5,574	3,363
Current Portion of Long-Term Debt	5,154	1,077	4,278	4,515	3,639	968.2
Current Portion of Leases	51.3	59.94	50.93	53.32	52.76	48.82
Current Income Taxes Payable	82.37	99.49	100.22	250.58	427.76	218.93
Other Current Liabilities	753.28	480.67	858.06	543.86	561.89	518.43
Total Current Liabilities	14,125	13,547	16,949	14,773	17,338	8,986
Long-Term Debt	14,625	17,826	12,093	8,687	9,259	12,531
Long-Term Leases	665.3	637.48	527.03	547.03	583.68	529.38
Pension & Post-Retirement Benefits	299.53	289.5	276.49	280.43	274.89	279.92
Long-Term Deferred Tax Liabilities	917.8	902.26	659.88	633.57	642.54	614.79
Other Long-Term Liabilities	6,686	6,566	6,425	6,271	6,003	5,583
Total Liabilities	37,319	39,768	36,930	31,191	34,101	28,524
Common Stock	918.93	918.93	918.93	918.93	918.93	918.93
Additional Paid-In Capital	1,874	1,874	1,874	1,874	1,874	1,874
Retained Earnings	12,119	13,329	12,561	12,102	12,870	10,164
Comprehensive Income & Other	62.19	633.58	220.5	620.74	743.6	-487.5
Total Common Equity	14,975	16,756	15,575	15,516	16,407	12,470
Minority Interest	384.64	365.82	338.97	363.89	386.09	393.56
Shareholders' Equity	15,359	17,122	15,914	15,880	16,793	12,864
Total Liabilities & Equity	52,678	56,890	52,845	47,072	50,894	41,388
Total Debt	24,102	27,789	23,819	18,097	19,108	17,441
Net Cash (Debt)	-20,573	-23,947	-18,348	-14,546	-16,402	-14,370
Net Cash Per Share	-11.19	-13.03	-9.98	-7.91	-8.92	-7.82
Filing Date Shares Outstanding	1,838	1,838	1,838	1,838	1,838	1,838
Total Common Shares Outstanding	1,838	1,838	1,838	1,838	1,838	1,838
Working Capital	560	7,299	5,195	2,078	2,981	3,510
Book Value Per Share	8.15	9.12	8.47	8.44	8.93	6.79
Tangible Book Value	12,213	13,987	12,800	12,728	13,604	9,677
Tangible Book Value Per Share	6.65	7.61	6.96	6.93	7.40	5.27
Land	-	9,427	8,667	8,726	8,693	7,896
Buildings	-	11,572	11,728	11,911	12,152	11,406
Machinery	-	16,706	12,049	6,636	11,756	10,743
Construction In Progress	-	1,322	699	683	950	823

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