Ipa Investments Group JSC Balance Sheet

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

Millions VND. 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	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	58,959	65,503	83,665	47,757	116,729
Short-Term Investments	-	4,000	-	-	-
Trading Asset Securities	1,700,136	744,160	369,310	979,867	1,017
Accounts Receivable	129,034	120,800	78,119	24,401	39,561
Other Receivables	99,885	52,499	76,759	97,130	147,420
Inventory	32,116	24,657	15,457	12,729	9,180
Prepaid Expenses	4,515	2,935	1,400	784.48	303.17
Loans Receivable Current	717,594	894,229	1,349,752	2,125,927	3,807,698
Other Current Assets	11,059	46,891	892,652	28,455	28,421
Total Current Assets	2,753,297	1,955,676	2,867,114	3,317,050	4,150,329
Property, Plant & Equipment	638,293	659,530	693,932	756,594	792,289
Goodwill	44,675	50,462	60,186	43,385	50,851
Other Intangible Assets	-	139,920	167,965	29,010	531.2
Long-Term Investments	7,539,070	5,738,904	4,927,655	4,323,502	3,172,072
Long-Term Deferred Tax Assets	86,311	86,531	88,061	83,050	17,681
Other Long-Term Assets	171,615	40,107	31,226	221,659	218,250
Total Assets	11,233,261	8,671,129	8,836,137	8,774,251	8,402,003
Accounts Payable	7,251	5,290	8,033	4,661	6,201
Accrued Expenses	244,955	195,559	205,701	218,522	163,110
Short-Term Debt	346,432	259.53	317,260	2,080	1,180
Current Portion of Long-Term Debt	-	112,000	3,013,008	512,869	712,456
Current Unearned Revenue	80	91,895	81,283	81,011	80,941
Current Income Taxes Payable	-	44,651	15,251	8,121	56,656
Other Current Liabilities	11,293	19,239	31,324	11,712	10,341
Total Current Liabilities	610,011	468,893	3,671,860	838,976	1,030,884
Long-Term Debt	5,660,351	3,661,774	1,062,238	4,072,169	3,588,153
Long-Term Deferred Tax Liabilities	55,910	37,826	40,136	49,170	48,414
Other Long-Term Liabilities	5,385	4,011	1,300	1,295	567
Total Liabilities	6,331,657	4,172,505	4,775,534	4,961,610	4,668,017
Common Stock	2,138,358	2,138,358	2,138,358	2,138,358	1,781,965
Additional Paid-In Capital	-	-	-	-	93,994
Retained Earnings	2,519,900	1,972,713	1,605,523	1,231,358	1,466,635
Treasury Stock	-	-	-23,032	-	-
Comprehensive Income & Other	32,686	32,686	32,686	32,318	22,043
Total Common Equity	4,690,943	4,143,757	3,753,534	3,402,033	3,364,637
Minority Interest	210,661	354,867	307,070	410,608	369,349
Shareholders' Equity	4,901,604	4,498,624	4,060,604	3,812,641	3,733,986
Total Liabilities & Equity	11,233,261	8,671,129	8,836,137	8,774,251	8,402,003
Total Debt	6,006,783	3,774,033	4,392,505	4,587,117	4,301,788
Net Cash (Debt)	-4,247,688	-2,960,370	-3,939,530	-3,559,493	-4,184,042
Net Cash Per Share	-19865.43	-13844.13	-18423.16	-16645.92	-19566.62
Filing Date Shares Outstanding	213.72	213.84	213.84	213.84	213.84
Total Common Shares Outstanding	213.72	213.84	213.84	213.84	213.84
Working Capital	2,143,286	1,486,783	-804,747	2,478,074	3,119,445
Book Value Per Share	21949.19	19378.22	17553.35	15909.56	15734.68
Tangible Book Value	4,646,268	3,953,375	3,525,384	3,329,638	3,313,255
Tangible Book Value Per Share	21740.15	18487.90	16486.41	15571.01	15494.39
Buildings	-	842,870	842,870	842,625	842,625
Machinery	-	351,359	340,964	338,692	336,224
Construction In Progress	-	53,062	44,475	55,551	40,059

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