Frontier Services Group 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	152.59	163.86	198.11	186.79	267.43
Short-Term Investments	-	29.74	23.63	20.98	37.04
Cash & Short-Term Investments	152.59	193.6	221.74	207.77	304.47
Cash Growth	-21.18%	-12.69%	6.72%	-31.76%	-20.01%
Accounts Receivable	208.39	245.63	302.64	293.68	207.54
Other Receivables	2.87	10.42	9.18	13.89	14.21
Receivables	211.26	256.05	311.82	307.57	221.75
Inventory	6.18	5.61	5	5.32	4.72
Prepaid Expenses	75.08	18.65	29.66	20.77	25.32
Other Current Assets	1.26	40.85	-	3.86	7.13
Total Current Assets	446.36	514.76	568.23	545.28	563.4
Property, Plant & Equipment	126.49	154.99	132.58	143.92	193.71
Long-Term Investments	13.02	11.23	49.56	46.89	44.38
Goodwill	-	160.66	212.35	238.53	238.53
Other Intangible Assets	106.77	35.1	44.28	67.36	81.46
Long-Term Deferred Tax Assets	0.23	-	0.13	0.07	6.25
Other Long-Term Assets	5.85	34.29	49.34	49.4	45.76
Total Assets	698.73	911.02	1,056	1,091	1,173
Accounts Payable	98.45	95.12	141.02	154.06	69.65
Accrued Expenses	-	34.45	44.76	41.94	33.35
Current Portion of Long-Term Debt	7	140	209.05	-	21.44
Current Portion of Leases	4.1	7.75	6.7	24.42	30.82
Current Income Taxes Payable	10.49	16.44	15.58	13.9	6.88
Current Unearned Revenue	-	-	3.93	9.09	34.16
Other Current Liabilities	157.53	188.16	98.87	101.48	85.96
Total Current Liabilities	277.56	481.93	519.91	344.88	282.26
Long-Term Debt	170	-	-	190.08	172.84
Long-Term Leases	2.57	0.75	2.4	5.11	34.41
Long-Term Deferred Tax Liabilities	29.82	31.09	31.18	38.39	43.77
Other Long-Term Liabilities	9.46	-	-	42.4	135.06
Total Liabilities	489.41	513.77	553.49	620.87	668.32
Common Stock	240.34	240.34	240.34	234.48	234.48
Additional Paid-In Capital	-	2,063	2,063	2,052	2,052
Retained Earnings	-	-1,957	-1,899	-1,950	-1,921
Comprehensive Income & Other	-151.83	-72.16	-20.69	15.7	19.63
Total Common Equity	88.51	273.65	382.92	351.74	384.64
Minority Interest	120.82	123.6	120.05	118.84	120.51
Shareholders' Equity	209.32	397.25	502.97	470.58	505.15
Total Liabilities & Equity	698.73	911.02	1,056	1,091	1,173
Total Debt	183.67	148.51	218.15	219.61	259.51
Net Cash (Debt)	-31.07	45.09	3.6	-11.84	44.96
Net Cash Growth	-	1154.33%	-	-	-82.45%
Net Cash Per Share	-0.01	0.02	0.00	-0.01	0.02
Filing Date Shares Outstanding	2,403	2,403	2,403	2,345	2,345
Total Common Shares Outstanding	2,403	2,403	2,403	2,345	2,345
Working Capital	168.8	32.83	48.32	200.4	281.14
Book Value Per Share	0.04	0.11	0.16	0.15	0.16
Tangible Book Value	-18.27	77.89	126.3	45.85	64.65
Tangible Book Value Per Share	-0.01	0.03	0.05	0.02	0.03
Buildings	-	1.1	1.89	-	-
Machinery	-	241.19	235.77	154.51	119.05
Leasehold Improvements	-	7.19	7.46	8.15	8.35

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