K2 F&B Holdings Balance Sheet

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

Millions SGD. 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	4	7.16	7.39	5.95	6.92
Trading Asset Securities	0.43	0.05	0.05	0.98	0.85
Cash & Short-Term Investments	4.43	7.21	7.43	6.93	7.77
Cash Growth	-38.49%	-3.08%	7.27%	-10.79%	-23.87%
Accounts Receivable	0.36	0.19	0.29	0.3	0.22
Other Receivables	0.31	0.43	0.24	0.21	0.13
Receivables	0.67	0.61	0.53	0.51	0.35
Inventory	0.15	0.16	0.22	0.23	0.17
Prepaid Expenses	1.17	0.12	0.34	0.15	1.31
Other Current Assets	29.02	1.69	2.25	2.03	2.77
Total Current Assets	35.43	9.78	10.77	9.84	12.36
Property, Plant & Equipment	53.04	56.3	52.63	65.95	18.35
Long-Term Investments	0.24	0	0	-	-
Long-Term Deferred Tax Assets	0.04	0.03	0.05	0.07	0.05
Other Long-Term Assets	115.83	137.93	134.68	114.95	137.08
Total Assets	204.59	204.05	198.13	190.82	167.84
Accounts Payable	2.41	2.63	3.27	2.89	2.37
Accrued Expenses	6.29	2.99	2.56	1.65	1.61
Current Portion of Long-Term Debt	24.42	9.89	7.11	4.81	6.96
Current Portion of Leases	3.18	3.52	3.35	2.45	1.35
Current Income Taxes Payable	0.45	0.35	0.61	0.55	0.54
Current Unearned Revenue	-	0.62	0.52	0.4	0.06
Other Current Liabilities	-	3.22	2.95	2.19	1.76
Total Current Liabilities	36.75	23.22	20.38	14.93	14.65
Long-Term Debt	65.11	85.78	83.55	91.1	74.23
Long-Term Leases	3.06	4.79	6.46	6.4	6.43
Other Long-Term Liabilities	0.9	1.05	1.33	0.81	0.63
Total Liabilities	105.82	114.84	111.71	113.24	95.94
Common Stock	1.38	1.38	1.38	1.38	1.38
Additional Paid-In Capital	-	21.71	21.71	21.71	21.71
Retained Earnings	-	61.81	59.01	51.7	46.02
Comprehensive Income & Other	97.41	4.32	4.32	2.79	2.79
Total Common Equity	98.79	89.23	86.42	77.57	71.9
Minority Interest	-0.02	-0.02	-	-	-
Shareholders' Equity	98.78	89.21	86.42	77.57	71.9
Total Liabilities & Equity	204.59	204.05	198.13	190.82	167.84
Total Debt	95.76	103.99	100.47	104.76	88.96
Net Cash (Debt)	-91.33	-96.78	-93.03	-97.83	-81.19
Net Cash Per Share	-0.11	-0.12	-0.12	-0.12	-0.10
Filing Date Shares Outstanding	800	800	800	800	800
Total Common Shares Outstanding	800	800	800	800	800
Working Capital	-1.32	-13.44	-9.61	-5.09	-2.3
Book Value Per Share	0.12	0.11	0.11	0.10	0.09
Tangible Book Value	98.79	89.23	86.42	77.57	71.9
Tangible Book Value Per Share	0.12	0.11	0.11	0.10	0.09
Land	-	48.48	37.7	54.37	9.73
Machinery	-	5.98	5.12	5.02	3.2
Construction In Progress	-	-	4.98	0.96	-

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