Fraser and Neave Balance Sheet

Financials in millions SGD. Fiscal year is October - September.

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	299.41	245.77	259.62	233.51	404.02
Short-Term Investments	64.09	283.87	172.21	41.08	67.78
Cash & Short-Term Investments	363.5	529.64	431.83	274.59	471.8
Cash Growth	-31.37%	22.65%	57.27%	-41.80%	65.27%
Accounts Receivable	328.73	322.05	298.67	293.3	262.23
Other Receivables	18.84	84.09	88.66	32.15	32.89
Receivables	348.32	406.34	387.61	325.71	295.57
Inventory	315.62	332.3	324.7	387.21	297.58
Prepaid Expenses	9.5	8	8.1	6.66	6.87
Other Current Assets	116.25	59.73	11.95	72.4	5.97
Total Current Assets	1,153	1,336	1,164	1,067	1,078
Property, Plant & Equipment	1,154	1,009	946.43	811.33	760.02
Long-Term Investments	2,365	2,523	2,680	2,897	2,873
Goodwill	169.93	172.67	166.78	102.71	101.93
Other Intangible Assets	81.49	84.45	84.39	47.43	49.14
Long-Term Deferred Tax Assets	10.45	9.34	9.49	5.48	4.7
Long-Term Deferred Charges	11.24	11.2	13.43	17.17	19.67
Other Long-Term Assets	89.01	56.86	57.3	33.23	35.43
Total Assets	5,034	5,202	5,122	4,981	4,921
Accounts Payable	219.7	237.71	226.08	229.23	182.75
Accrued Expenses	157.44	159.18	134.6	130.25	125.14
Current Portion of Long-Term Debt	351.57	233.1	339.21	51.61	427.57
Current Portion of Leases	6.85	7.16	7.46	10.98	11.65
Current Income Taxes Payable	25.11	37.68	31.1	42.26	49.35
Current Unearned Revenue	39.55	46.5	35.66	34.15	26.35
Other Current Liabilities	62.87	74.77	60.51	42.73	43.43
Total Current Liabilities	863.1	796.1	834.62	541.19	866.23
Long-Term Debt	736.89	931.99	794.4	837.67	506.46
Long-Term Leases	30.37	27.63	31.53	35.39	36.54
Pension & Post-Retirement Benefits	13.74	12.49	12.15	12.74	15.76
Long-Term Deferred Tax Liabilities	53.11	46.27	46.36	33.39	28.44
Other Long-Term Liabilities	16.4	7.26	0.24	18.03	16.6
Total Liabilities	1,714	1,822	1,719	1,478	1,470
Common Stock	865.72	865.72	863.8	861.46	858.83
Retained Earnings	2,468	2,407	2,336	2,276	2,217
Treasury Stock	-1.38	-0.94	-	-	-
Comprehensive Income & Other	-560.28	-406.96	-252.55	-67.6	-56.47
Total Common Equity	2,772	2,865	2,947	3,070	3,019
Minority Interest	548.59	515.77	455.29	432.95	431.77
Shareholders' Equity	3,320	3,381	3,403	3,502	3,451
Total Liabilities & Equity	5,034	5,202	5,122	4,981	4,921
Total Debt	1,126	1,200	1,173	935.65	982.22
Net Cash (Debt)	-762.19	-670.24	-740.77	-661.06	-510.42
Net Cash Per Share	-0.52	-0.46	-0.51	-0.45	-0.35
Filing Date Shares Outstanding	1,455	1,455	1,455	1,454	1,452
Total Common Shares Outstanding	1,456	1,456	1,455	1,454	1,452
Working Capital	290.08	539.91	329.58	525.38	211.55
Book Value Per Share	1.90	1.97	2.03	2.11	2.08
Tangible Book Value	2,520	2,608	2,696	2,919	2,868
Tangible Book Value Per Share	1.73	1.79	1.85	2.01	1.98
Land	57.43	58.01	54.34	36.66	39.01
Buildings	537.16	452.98	426.66	411.14	332.65
Machinery	949.34	926.44	832.82	803.9	782.21
Construction In Progress	130.08	84.57	102.34	86.71	118.81

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