Macau E&M Holding Balance Sheet

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

Millions MOP. 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	118.08	99.93	114.73	19.73	49.64
Short-Term Investments	54.77	41.79	27.12	111.48	124.78
Cash & Short-Term Investments	172.85	141.72	141.85	131.21	174.42
Cash Growth	21.97%	-0.09%	8.11%	-24.77%	13.52%
Accounts Receivable	25.24	55.13	77.07	82.69	79.04
Other Receivables	2.88	1.03	0.59	0.89	1.16
Receivables	28.13	56.16	77.66	83.57	80.2
Prepaid Expenses	-	3.36	1.9	5.25	2.57
Other Current Assets	0.23	0.04	0.04	1.62	1.87
Total Current Assets	201.21	201.28	221.45	221.65	259.06
Property, Plant & Equipment	36.17	37.04	38.23	37.27	2.09
Other Long-Term Assets	0.03	0.1	-	0.96	13.79
Total Assets	237.41	238.42	259.67	259.87	274.94
Accounts Payable	0.14	5.72	15.73	9.86	4.06
Accrued Expenses	3.69	1.78	3.64	7.91	6.91
Current Portion of Long-Term Debt	2.2	0.55	0.52	0.51	-
Current Portion of Leases	0.17	0.05	0.1	0.6	0.66
Current Income Taxes Payable	0.04	0.03	0.03	1.01	3.19
Current Unearned Revenue	1.17	0.99	2.31	-	0.4
Other Current Liabilities	10.51	14.56	19.52	12.17	22.62
Total Current Liabilities	17.91	23.68	41.85	32.06	37.84
Long-Term Debt	14.26	11.76	12.3	12.81	-
Long-Term Leases	0.1	0.02	0.08	0.23	0.69
Total Liabilities	32.28	35.46	54.23	45.1	38.53
Common Stock	5.15	5.15	5.15	5.15	5.15
Additional Paid-In Capital	111.49	111.49	111.49	111.49	111.49
Retained Earnings	124.01	121.83	124.32	133.65	155.28
Comprehensive Income & Other	-35.51	-35.51	-35.51	-35.51	-35.51
Shareholders' Equity	205.13	202.96	205.45	214.78	236.41
Total Liabilities & Equity	237.41	238.42	259.67	259.87	274.94
Total Debt	16.73	12.38	13	14.15	1.35
Net Cash (Debt)	156.12	129.34	128.85	117.06	173.07
Net Cash Growth	20.71%	0.38%	10.07%	-32.36%	13.63%
Net Cash Per Share	0.31	0.26	0.26	0.23	0.35
Filing Date Shares Outstanding	500	500	500	500	500
Total Common Shares Outstanding	500	500	500	500	500
Working Capital	183.3	177.59	179.6	189.59	221.22
Book Value Per Share	0.41	0.41	0.41	0.43	0.47
Tangible Book Value	205.13	202.96	205.45	214.78	236.41
Tangible Book Value Per Share	0.41	0.41	0.41	0.43	0.47
Buildings	35.75	35.75	35.75	35.75	-
Machinery	0.59	0.57	0.87	0.98	0.95
Leasehold Improvements	3.21	3.21	3.21	1.98	1.43

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