Television Broadcasts 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	794.07	647.32	658.83	963.86	1,175
Short-Term Investments	10.28	64.1	128.45	129.98	49.12
Cash & Short-Term Investments	804.35	711.42	787.28	1,094	1,224
Cash Growth	13.06%	-9.63%	-28.03%	-10.62%	-64.26%
Accounts Receivable	901.89	751.61	867.6	840.05	1,002
Other Receivables	622.04	572.85	498.62	481.95	555.56
Receivables	1,524	1,324	1,366	1,322	1,557
Inventory	14	16.29	30.72	96.22	83.61
Other Current Assets	1,480	1,591	1,592	1,555	1,334
Total Current Assets	3,822	3,643	3,776	4,067	4,199
Property, Plant & Equipment	805.21	926.99	1,072	1,278	1,397
Long-Term Investments	298.21	313.18	687.51	930.34	1,346
Goodwill	-	-	85.13	85.13	85.13
Other Intangible Assets	138	162.46	211.45	255.15	284.87
Long-Term Deferred Tax Assets	381.9	381.21	381.45	391.1	283.92
Other Long-Term Assets	13.67	18.58	35.41	38.56	54.51
Total Assets	5,459	5,446	6,249	7,045	7,650
Accounts Payable	213.78	179.7	234.69	276.88	180
Accrued Expenses	548.89	525.42	522.23	513.13	416.82
Short-Term Debt	622.39	308.06	448.2	208.64	45
Current Portion of Long-Term Debt	428.3	543.23	164.08	390.48	1,948
Current Portion of Leases	14.7	18.29	32.7	46.86	32.05
Current Income Taxes Payable	2.59	2.2	6.79	8.54	22.93
Current Unearned Revenue	111.16	163.42	190.22	184.29	171.38
Other Current Liabilities	174.74	140	140	140	140
Total Current Liabilities	2,117	1,880	1,739	1,769	2,956
Long-Term Debt	1,060	1,278	1,676	1,577	15.93
Long-Term Leases	5.94	16.6	8.59	36.7	18.04
Long-Term Deferred Tax Liabilities	42.14	45.18	55.71	58.07	66.8
Other Long-Term Liabilities	2.74	29.49	30.71	-	-
Total Liabilities	3,227	3,250	3,510	3,441	3,057
Common Stock	771.83	771.83	665.23	664.04	664.04
Retained Earnings	1,664	1,814	2,305	3,037	3,844
Comprehensive Income & Other	-101.27	-322.08	-219.05	-202.26	-149.44
Total Common Equity	2,334	2,264	2,752	3,499	4,359
Minority Interest	-102.21	-68.34	-12.35	105.22	234.21
Shareholders' Equity	2,232	2,196	2,739	3,604	4,593
Total Liabilities & Equity	5,459	5,446	6,249	7,045	7,650
Total Debt	2,131	2,164	2,330	2,260	2,059
Net Cash (Debt)	-1,327	-1,453	-1,542	-1,166	-834.86
Net Cash Per Share	-2.84	-3.24	-3.52	-2.66	-1.91
Filing Date Shares Outstanding	466.96	466.96	438.22	438	438
Total Common Shares Outstanding	466.96	466.96	438.22	438	438
Working Capital	1,706	1,763	2,037	2,298	1,243
Book Value Per Share	5.00	4.85	6.28	7.99	9.95
Tangible Book Value	2,196	2,102	2,455	3,159	3,989
Tangible Book Value Per Share	4.70	4.50	5.60	7.21	9.11
Land	-	1,280	1,331	1,356	1,344
Machinery	-	4,625	4,623	4,605	4,559
Leasehold Improvements	-	62.19	62.18	68.16	66.64

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