Southern Hydropower 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	Dec '21 Dec 31, 2021
Cash & Equivalents	239,738	213,453	48,964	58,888	219,130	152,635
Short-Term Investments	10,243	5,243	16,770	-	30,000	634.7
Accounts Receivable	87,847	203,325	236,062	239,588	118,514	130,467
Other Receivables	792.95	1,013	206.18	713.07	757.84	63.12
Inventory	7,440	7,353	5,805	6,112	6,232	6,052
Prepaid Expenses	354.28	444.8	723.91	169	226.79	263.08
Other Current Assets	7,309	7,502	901.58	2,058	3,610	2,187
Total Current Assets	353,725	438,335	309,432	307,529	378,471	292,301
Property, Plant & Equipment	993,275	1,019,374	1,110,767	1,231,853	1,386,263	1,536,239
Other Intangible Assets	3,080	3,113	2,720	2,746	2,773	2,837
Long-Term Investments	-	-	5,243	-	-	-
Other Long-Term Assets	8,653	9,143	16,298	3,673	1,484	1,136
Total Assets	1,358,733	1,469,965	1,444,460	1,545,801	1,768,990	1,832,514
Accounts Payable	3,588	8,906	3,067	4,124	2,277	2,680
Accrued Expenses	11,933	48,431	32,049	31,306	34,440	51,494
Short-Term Debt	-	-	-	-	-	18,268
Current Portion of Long-Term Debt	-	-	29,000	90,000	120,000	160,203
Current Income Taxes Payable	6,109	15,601	14,378	8,836	21,654	4,358
Other Current Liabilities	31,655	27,951	27,281	26,200	24,390	19,845
Total Current Liabilities	53,285	100,888	105,776	160,465	202,762	256,849
Long-Term Debt	-	-	-	29,000	119,000	239,000
Total Liabilities	53,285	100,888	105,776	189,465	321,762	495,849
Common Stock	1,012,064	1,012,064	1,012,064	1,012,064	1,012,064	937,102
Retained Earnings	293,384	357,013	326,621	344,272	435,165	399,563
Shareholders' Equity	1,305,448	1,369,077	1,338,685	1,356,336	1,447,228	1,336,665
Total Liabilities & Equity	1,358,733	1,469,965	1,444,460	1,545,801	1,768,990	1,832,514
Total Debt	-	-	29,000	119,000	239,000	417,471
Net Cash (Debt)	249,981	218,696	36,734	-60,112	10,130	-264,202
Net Cash Growth	241.80%	495.35%	-	-	-	-
Net Cash Per Share	2470.02	2160.89	362.96	-593.96	100.09	-2610.53
Filing Date Shares Outstanding	101.21	101.21	101.21	101.21	101.21	101.21
Total Common Shares Outstanding	101.21	101.21	101.21	101.21	101.21	101.21
Working Capital	300,439	337,447	203,657	147,064	175,709	35,452
Book Value Per Share	12898.87	13527.58	13227.28	13401.69	14299.78	13207.23
Tangible Book Value	1,302,367	1,365,964	1,335,965	1,353,590	1,444,456	1,333,828
Tangible Book Value Per Share	12868.44	13496.82	13200.40	13374.55	14272.38	13179.20
Buildings	2,399,460	2,399,460	2,399,353	2,399,353	2,399,353	2,398,353
Machinery	715,018	714,525	712,537	712,309	711,670	710,241
Construction In Progress	12,991	13,313	1,571	4,922	4,566	668.78

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