K2 F&B Holdings Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3.8	7.16	7.39	5.95	6.92	10.2
Trading Asset Securities	0.05	0.05	0.05	0.98	0.85	-
Cash & Short-Term Investments	3.85	7.21	7.43	6.93	7.77	10.2
Cash Growth	-40.63%	-3.08%	7.27%	-10.79%	-23.87%	-12.71%
Accounts Receivable	0.36	0.19	0.29	0.3	0.22	0.25
Other Receivables	0.35	0.43	0.24	0.21	0.13	0.57
Receivables	0.71	0.61	0.53	0.51	0.35	0.82
Inventory	0.11	0.16	0.22	0.23	0.17	0.17
Prepaid Expenses	1.07	0.12	0.34	0.15	1.31	0.43
Other Current Assets	1.02	1.69	2.25	2.03	2.77	2.69
Total Current Assets	6.75	9.78	10.77	9.84	12.36	14.32
Property, Plant & Equipment	53.71	56.3	52.63	65.95	18.35	7.03
Long-Term Investments	0	0	0	-	-	-
Long-Term Deferred Tax Assets	0.03	0.03	0.05	0.07	0.05	-
Other Long-Term Assets	137.8	137.93	134.68	114.95	137.08	126.41
Total Assets	198.29	204.05	198.13	190.82	167.84	147.76
Accounts Payable	2.47	2.63	3.27	2.89	2.37	2.4
Accrued Expenses	6.22	2.99	2.56	1.65	1.61	1.35
Current Portion of Long-Term Debt	8.11	9.89	7.11	4.81	6.96	3.26
Current Portion of Leases	3.39	3.52	3.35	2.45	1.35	0.31
Current Income Taxes Payable	0.27	0.35	0.61	0.55	0.54	0.19
Current Unearned Revenue	-	0.62	0.52	0.4	0.06	-
Other Current Liabilities	-	3.22	2.95	2.19	1.76	1.37
Total Current Liabilities	20.46	23.22	20.38	14.93	14.65	8.87
Long-Term Debt	83.97	85.78	83.55	91.1	74.23	71.03
Long-Term Leases	3.2	4.79	6.46	6.4	6.43	0.04
Other Long-Term Liabilities	1.19	1.05	1.33	0.81	0.63	0.48
Total Liabilities	108.82	114.84	111.71	113.24	95.94	80.42
Common Stock	1.38	1.38	1.38	1.38	1.38	1.38
Additional Paid-In Capital	21.71	21.71	21.71	21.71	21.71	21.71
Retained Earnings	62.07	61.81	59.01	51.7	46.02	41.45
Comprehensive Income & Other	4.33	4.32	4.32	2.79	2.79	2.79
Total Common Equity	89.49	89.23	86.42	77.57	71.9	67.33
Minority Interest	-0.02	-0.02	-	-	-	-
Shareholders' Equity	89.47	89.21	86.42	77.57	71.9	67.33
Total Liabilities & Equity	198.29	204.05	198.13	190.82	167.84	147.76
Total Debt	98.67	103.99	100.47	104.76	88.96	74.65
Net Cash (Debt)	-94.83	-96.78	-93.03	-97.83	-81.19	-64.44
Net Cash Per Share	-0.12	-0.12	-0.12	-0.12	-0.10	-0.08
Filing Date Shares Outstanding	800	800	800	800	800	800
Total Common Shares Outstanding	800	800	800	800	800	800
Working Capital	-13.71	-13.44	-9.61	-5.09	-2.3	5.45
Book Value Per Share	0.11	0.11	0.11	0.10	0.09	0.08
Tangible Book Value	89.49	89.23	86.42	77.57	71.9	67.33
Tangible Book Value Per Share	0.11	0.11	0.11	0.10	0.09	0.08
Land	-	48.48	37.7	54.37	9.73	6.23
Machinery	-	5.98	5.12	5.02	3.2	3.59
Construction In Progress	-	-	4.98	0.96	-	-

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