Pha Lai Thermal Power JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	111,201	395,415	25,466	23,486	60,341	526,546
Short-Term Investments	55,000	40,000	-	100,000	90,000	615,000
Accounts Receivable	1,377,314	1,063,154	1,699,284	1,862,504	1,823,672	593,811
Other Receivables	24,867	16,324	161,192	149,537	30,150	12,338
Inventory	846,556	725,513	682,318	709,144	496,386	500,637
Prepaid Expenses	-	1,843	1,023	34.42	313.51	839.98
Loans Receivable Current	-	-	-	-	188,167	188,167
Other Current Assets	271,201	248,102	161,209	84,530	44,673	51,756
Total Current Assets	2,686,139	2,490,350	2,730,493	2,929,235	2,733,702	2,489,096
Property, Plant & Equipment	212,057	218,465	245,036	297,671	348,723	366,671
Other Intangible Assets	900.42	990.77	266.17	984.87	1,706	788.86
Long-Term Investments	2,495,424	2,495,424	2,497,441	2,500,054	2,498,781	2,501,327
Long-Term Deferred Tax Assets	631.9	631.9	460.65	160.41	2,447	46,099
Other Long-Term Assets	32,769	40,743	59,991	49,812	40,174	44,585
Total Assets	5,427,922	5,246,605	5,533,688	5,777,918	5,625,533	5,448,566
Accounts Payable	757,002	663,789	798,613	555,443	478,187	521,722
Accrued Expenses	101,081	100,916	131,833	113,604	123,561	66,140
Current Income Taxes Payable	-	6,602	-	-	-	-
Other Current Liabilities	7,719	8,917	78,909	98,053	7,330	6,455
Total Current Liabilities	865,810	780,224	1,009,356	767,100	609,078	594,318
Total Liabilities	865,810	780,224	1,009,356	767,100	609,078	594,318
Common Stock	3,262,350	3,262,350	3,262,350	3,262,350	3,262,350	3,262,350
Additional Paid-In Capital	11,693	11,693	11,693	11,693	11,693	11,693
Retained Earnings	1,054,661	958,929	1,035,253	1,525,993	1,534,183	1,417,358
Treasury Stock	-87,388	-87,388	-87,388	-87,388	-87,388	-87,388
Comprehensive Income & Other	320,797	320,797	302,425	298,170	295,618	250,237
Total Common Equity	4,562,112	4,466,381	4,524,332	5,010,818	5,016,455	4,854,249
Shareholders' Equity	4,562,112	4,466,381	4,524,332	5,010,818	5,016,455	4,854,249
Total Liabilities & Equity	5,427,922	5,246,605	5,533,688	5,777,918	5,625,533	5,448,566
Net Cash (Debt)	166,201	435,415	25,466	123,486	150,341	1,141,546
Net Cash Growth	2268.83%	1609.82%	-79.38%	-17.86%	-86.83%	-36.17%
Net Cash Per Share	518.39	1358.07	79.43	385.16	468.92	3560.51
Filing Date Shares Outstanding	320.61	320.61	320.61	320.61	320.61	320.61
Total Common Shares Outstanding	320.61	320.61	320.61	320.61	320.61	320.61
Working Capital	1,820,329	1,710,126	1,721,136	2,162,135	2,124,624	1,894,778
Book Value Per Share	14229.34	13930.75	14111.50	15628.86	15646.45	15140.52
Tangible Book Value	4,561,212	4,465,390	4,524,066	5,009,833	5,014,749	4,853,460
Tangible Book Value Per Share	14226.53	13927.66	14110.67	15625.79	15641.12	15138.06
Buildings	1,713,157	1,708,813	1,708,813	1,708,813	1,708,813	1,708,813
Machinery	11,907,772	11,907,687	11,898,561	11,893,780	11,883,538	11,879,403
Construction In Progress	26,425	26,487	25,940	25,580	27,465	31,076

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