MTR Corporation Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	44,242	21,836	15,575	10,241	10,752
Short-Term Investments	-	146	31	1,773	47
Trading Asset Securities	-	247	161	136	55
Cash & Short-Term Investments	44,242	22,229	15,767	12,150	10,854
Cash Growth	99.03%	40.98%	29.77%	11.94%	-9.56%
Accounts Receivable	4,116	8,552	5,739	4,310	4,297
Other Receivables	14,825	10,073	11,056	12,220	12,611
Receivables	18,941	18,625	16,795	16,530	16,908
Inventory	5,883	4,843	4,496	4,149	2,768
Other Current Assets	1,691	6,145	7,378	4,255	10,526
Total Current Assets	70,757	51,842	44,436	37,084	41,056
Property, Plant & Equipment	171,795	160,898	149,705	143,566	112,732
Long-Term Investments	20,890	14,845	13,616	13,242	13,874
Other Intangible Assets	41,661	39,654	36,720	35,584	34,783
Long-Term Deferred Tax Assets	509	521	603	606	599
Long-Term Deferred Charges	138	64	378	2,540	1,964
Other Long-Term Assets	93,188	99,675	100,968	94,459	87,074
Total Assets	398,938	367,499	346,426	327,081	292,082
Accounts Payable	16,609	17,989	16,790	15,585	14,203
Accrued Expenses	-	117	128	145	86
Short-Term Debt	49	847	1,379	1,592	1,650
Current Portion of Long-Term Debt	-	3,279	449	1,837	162
Current Portion of Leases	-	133	232	504	577
Current Income Taxes Payable	1,850	2,909	1,623	2,953	2,381
Other Current Liabilities	2,401	5,063	4,009	1,382	967
Total Current Liabilities	20,909	30,337	24,610	23,998	20,026
Long-Term Debt	88,999	72,623	57,388	43,633	41,061
Long-Term Leases	-	933	488	609	449
Long-Term Unearned Revenue	3,062	3,190	3,124	2,587	2,874
Pension & Post-Retirement Benefits	2,056	2,203	1,967	1,539	1,599
Long-Term Deferred Tax Liabilities	16,879	16,166	15,151	14,700	14,418
Other Long-Term Liabilities	50,638	55,914	64,842	60,103	31,618
Total Liabilities	182,543	181,366	167,570	147,169	112,045
Common Stock	61,287	61,287	61,083	60,547	60,184
Retained Earnings	-	123,454	115,688	116,228	115,439
Comprehensive Income & Other	154,424	884	1,573	2,511	4,091
Total Common Equity	215,711	185,625	178,344	179,286	179,714
Minority Interest	684	508	512	626	323
Shareholders' Equity	216,395	186,133	178,856	179,912	180,037
Total Liabilities & Equity	398,938	367,499	346,426	327,081	292,082
Total Debt	89,048	77,815	59,936	48,175	43,899
Net Cash (Debt)	-44,806	-55,586	-44,169	-36,025	-33,045
Net Cash Per Share	-7.20	-8.93	-7.11	-5.81	-5.34
Filing Date Shares Outstanding	6,214	6,225	6,217	6,202	6,193
Total Common Shares Outstanding	6,214	6,225	6,217	6,202	6,193
Working Capital	49,848	21,505	19,826	13,086	21,030
Book Value Per Share	30.93	29.82	28.69	28.91	29.02
Tangible Book Value	174,050	145,971	141,624	143,702	144,931
Tangible Book Value Per Share	24.23	23.45	22.78	23.17	23.40
Land	-	1,765	1,765	1,765	1,765
Buildings	-	3,620	3,938	4,089	4,201
Machinery	-	96,533	94,296	93,565	91,493
Construction In Progress	-	72,517	60,885	53,328	21,251

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