FRA:L1PA Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	303.58	216.85	171	189.3	277.53	375.2
Short-Term Investments	-	-	-	-	-	39.34
Cash & Short-Term Investments	303.58	216.85	171	189.3	277.53	414.54
Cash Growth	55.69%	26.81%	-9.67%	-31.79%	-33.05%	-46.52%
Accounts Receivable	185.85	161.1	84.59	111.28	168.32	159.57
Other Receivables	88.98	45.45	45.41	-	23.34	-
Receivables	274.83	206.55	130	111.28	191.66	237.08
Inventory	282.79	287.51	298.11	249.22	331.39	414.38
Prepaid Expenses	-	4.65	7.58	53.88	59.7	69.98
Other Current Assets	-	69.03	49.94	47.95	103.04	103.13
Total Current Assets	861.2	784.59	656.63	651.63	963.32	1,239
Property, Plant & Equipment	393.98	400.59	443.37	540.67	688.27	724.55
Long-Term Investments	479.99	285.21	699.45	554.75	1,043	421.69
Goodwill	4.37	4.37	4.37	3.9	3.9	3.9
Other Intangible Assets	1,246	311.63	282.36	293.75	302.26	286.47
Long-Term Deferred Tax Assets	11.01	8.1	10.2	7.58	15.42	18.73
Long-Term Deferred Charges	-	823.39	794.29	729.74	620.26	558.49
Total Assets	2,996	2,618	2,891	2,782	3,637	3,253
Accounts Payable	133.03	141.97	74.15	101.3	62.6	73.73
Accrued Expenses	-	-	-	-	-	55.42
Short-Term Debt	46.91	42.32	25.39	-	12.26	141.38
Current Portion of Long-Term Debt	100.57	107.64	96.73	76.73	150.28	-
Current Portion of Leases	9.03	7.8	7.45	6.83	12.64	7.83
Current Income Taxes Payable	11.93	8.77	6.08	3.06	0.13	29.92
Current Unearned Revenue	-	-	-	-	-	135.13
Other Current Liabilities	511.92	462.76	439.02	462.18	684.67	500.65
Total Current Liabilities	813.39	771.25	648.82	650.1	922.58	944.05
Long-Term Debt	82.76	63.91	70.64	77.36	84.09	-
Long-Term Leases	4.36	5.63	3.93	2.57	7.87	7.5
Pension & Post-Retirement Benefits	129.79	122.79	110.1	96.23	111.97	104
Long-Term Deferred Tax Liabilities	94.42	84.23	73.43	73.9	79.23	81.99
Other Long-Term Liabilities	48.11	21.15	23.15	39.34	40	-
Total Liabilities	1,173	1,069	930.07	939.5	1,246	1,138
Common Stock	29.44	29.44	29.44	29.44	29.44	29.41
Additional Paid-In Capital	720.09	720.09	720.09	720.09	720.09	714.81
Retained Earnings	3,699	3,642	3,561	3,544	3,511	1,559
Comprehensive Income & Other	-2,505	-2,739	-2,271	-2,369	-1,796	-153.72
Total Common Equity	1,943	1,652	2,039	1,924	2,465	2,150
Minority Interest	-120.05	-102.89	-78.36	-81.58	-73.42	-34.42
Shareholders' Equity	1,823	1,549	1,961	1,843	2,391	2,115
Total Liabilities & Equity	2,996	2,618	2,891	2,782	3,637	3,253
Total Debt	243.63	227.3	204.14	163.49	267.14	156.71
Net Cash (Debt)	59.95	-10.45	-33.14	25.81	10.39	257.83
Net Cash Growth	-	-	-	148.36%	-95.97%	-57.54%
Net Cash Per Share	0.10	-0.02	-0.06	0.04	0.02	0.44
Filing Date Shares Outstanding	588.84	588.84	588.84	588.84	588.84	588.13
Total Common Shares Outstanding	588.84	588.84	588.84	588.84	588.84	588.13
Working Capital	47.8	13.33	7.81	1.53	40.74	295.05
Book Value Per Share	3.30	2.81	3.46	3.27	4.19	3.66
Tangible Book Value	693.39	1,336	1,752	1,626	2,158	1,859
Tangible Book Value Per Share	1.18	2.27	2.98	2.76	3.67	3.16
Buildings	-	217.54	225.35	232.29	259.65	258.5
Machinery	-	571.77	561.37	548.42	572.66	521.86
Construction In Progress	-	24.18	24.78	38.62	52.57	52.18
Leasehold Improvements	-	71.46	75.69	75.75	81	65.91

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