APT Satellite Holdings 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	406.71	465.89	183.27	480.54	701.85
Short-Term Investments	2,330	1,984	1,968	1,273	665.35
Trading Asset Securities	-	-	-	-	1.98
Cash & Short-Term Investments	2,737	2,450	2,152	1,753	1,369
Cash Growth	11.72%	13.85%	22.74%	28.04%	5.58%
Accounts Receivable	201.36	147.46	125.56	100.43	139.54
Other Receivables	14.03	25.55	6.6	3.62	7.39
Receivables	215.38	173.01	132.16	104.05	146.93
Prepaid Expenses	22.29	11.04	5.31	7.33	12.44
Other Current Assets	1.52	0.37	-	-	-
Total Current Assets	2,976	2,634	2,289	1,864	1,529
Property, Plant & Equipment	3,273	3,635	4,033	4,330	4,718
Long-Term Investments	549.09	551.84	618.22	693.08	809.08
Other Intangible Assets	133.97	133.97	133.97	133.97	133.97
Long-Term Deferred Tax Assets	0.75	0.14	0.03	0.04	0.04
Other Long-Term Assets	10.44	11.56	11.4	104.88	106.2
Total Assets	6,943	6,966	7,085	7,127	7,295
Accounts Payable	4.62	3.84	5.25	6.84	10.4
Accrued Expenses	71.84	58.83	69.82	82.44	90.36
Current Portion of Leases	23.95	31.43	33.45	30.98	41.57
Current Income Taxes Payable	46.73	43.48	61.17	14.75	35.24
Current Unearned Revenue	42.29	60.12	51.86	47.8	46.76
Other Current Liabilities	25.88	16.94	12.02	9.05	5.6
Total Current Liabilities	215.3	214.62	233.56	191.84	229.93
Long-Term Leases	58.7	79.89	113.5	135.81	141.35
Long-Term Unearned Revenue	35.52	60.43	73.56	96.07	104.86
Pension & Post-Retirement Benefits	0.03	0.03	-	-	-
Long-Term Deferred Tax Liabilities	444.47	495.48	546.61	594.04	638.99
Other Long-Term Liabilities	25.33	26.98	37.3	42.09	46.12
Total Liabilities	779.34	877.44	1,005	1,060	1,161
Common Stock	92.86	92.86	92.86	92.86	92.86
Additional Paid-In Capital	1,742	1,742	1,742	1,742	1,742
Retained Earnings	4,246	4,188	4,159	4,126	4,131
Comprehensive Income & Other	83.11	65.44	87.23	106.5	168.61
Total Common Equity	6,163	6,088	6,081	6,067	6,134
Minority Interest	0.7	0.77	-	-	-
Shareholders' Equity	6,164	6,089	6,081	6,067	6,134
Total Liabilities & Equity	6,943	6,966	7,085	7,127	7,295
Total Debt	82.64	111.32	146.94	166.79	182.91
Net Cash (Debt)	2,654	2,338	2,005	1,586	1,186
Net Cash Growth	13.51%	16.64%	26.38%	33.72%	7.61%
Net Cash Per Share	2.86	2.52	2.16	1.71	1.28
Filing Date Shares Outstanding	928.57	928.57	928.57	928.57	928.57
Total Common Shares Outstanding	928.57	928.57	928.57	928.57	928.57
Working Capital	2,761	2,419	2,056	1,673	1,299
Book Value Per Share	6.64	6.56	6.55	6.53	6.61
Tangible Book Value	6,029	5,954	5,947	5,933	6,000
Tangible Book Value Per Share	6.49	6.41	6.40	6.39	6.46
Land	154.1	150.28	117.11	117.11	117.11
Machinery	6,639	6,642	6,570	6,570	6,571
Construction In Progress	97.93	58.75	20.73	6.42	0.82
Leasehold Improvements	78.12	78.11	77.68	77.72	77.82

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