Ernest Borel 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	8.38	10.23	5.91	6.27	7.59
Short-Term Investments	0.95	1.78	2.41	1.52	1.77
Trading Asset Securities	35.81	24.72	32.41	-	-
Cash & Short-Term Investments	45.14	36.72	40.74	7.8	9.36
Cash Growth	22.93%	-9.85%	422.58%	-16.68%	-54.19%
Accounts Receivable	102.46	134.97	125.43	77.92	35.8
Other Receivables	9.67	3.32	3.36	3.83	4.22
Receivables	112.13	138.28	128.78	81.75	40.02
Inventory	285.59	288.12	324.78	322.28	372.68
Prepaid Expenses	1	2.47	2.01	5.65	5.03
Other Current Assets	-	-	5	6.5	-
Total Current Assets	443.86	465.6	501.31	423.97	427.08
Property, Plant & Equipment	27.44	43.65	57.11	23.09	39.42
Goodwill	-	-	27.93	-	-
Other Intangible Assets	20.89	36.8	59.39	-	-
Long-Term Deferred Tax Assets	3.77	4.54	7.36	-	-
Other Long-Term Assets	22.83	2.41	2.9	0.88	0.88
Total Assets	518.78	553	656	447.95	467.38
Accounts Payable	27.18	49.23	37.23	23.86	26.8
Accrued Expenses	9.69	13.15	11.23	6.96	9.16
Short-Term Debt	360.14	316.42	285.98	249.22	267.25
Current Portion of Long-Term Debt	27.62	19.92	30.93	29.39	12.22
Current Portion of Leases	3.68	4.53	7.63	4.94	5.1
Current Income Taxes Payable	-	1.23	1.47	1.49	1.45
Current Unearned Revenue	0.5	0.53	0.27	0.34	0.95
Other Current Liabilities	3.81	4.89	18.52	2.53	1.56
Total Current Liabilities	432.62	409.88	393.24	318.73	324.49
Long-Term Debt	1.23	1.79	2.31	3.46	3.49
Long-Term Leases	4.44	11.84	15.44	2.88	8.44
Pension & Post-Retirement Benefits	0.28	0.76	1.93	0.92	4.12
Long-Term Deferred Tax Liabilities	21.51	26.82	30.37	14.12	14.07
Other Long-Term Liabilities	-	-	44.91	-	-
Total Liabilities	460.08	451.1	488.21	340.1	354.61
Common Stock	3.6	3.6	3.6	3.47	3.47
Additional Paid-In Capital	-	212.74	212.74	182.1	182.1
Retained Earnings	-	-138.01	-90.07	-108.95	-96.88
Comprehensive Income & Other	55.11	23.58	41.52	31.21	24.08
Shareholders' Equity	58.71	101.91	167.79	107.84	112.78
Total Liabilities & Equity	518.78	553	656	447.95	467.38
Total Debt	397.1	354.5	342.29	289.89	296.49
Net Cash (Debt)	-351.96	-317.77	-301.55	-282.09	-287.14
Net Cash Per Share	-0.98	-0.88	-0.85	-0.81	-0.83
Filing Date Shares Outstanding	360.26	360.26	360.26	347.44	347.44
Total Common Shares Outstanding	360.26	360.26	360.26	347.44	347.44
Working Capital	11.24	55.72	108.07	105.24	102.59
Book Value Per Share	0.16	0.28	0.47	0.31	0.32
Tangible Book Value	37.82	65.1	80.47	107.84	112.78
Tangible Book Value Per Share	0.10	0.18	0.22	0.31	0.32
Land	-	27.62	29.77	27.14	40.66
Machinery	-	126.81	133.41	116.04	159.74
Leasehold Improvements	-	5.22	8.23	9.05	9.19

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