Thac Mo Hydro 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	61,460	159,792	107,541	78,052	30,392	91,051
Short-Term Investments	678,766	767,800	455,000	246,500	752,000	433,000
Accounts Receivable	243,936	219,002	353,036	636,444	285,404	176,573
Other Receivables	19,013	25,744	25,225	17,451	45,411	46,795
Inventory	713.94	2,081	563.32	727.99	2,650	1,903
Prepaid Expenses	3,208	1,851	1,466	830.89	212.15	156.11
Other Current Assets	69,984	13,636	1,017	35,610	1,481	1,517
Total Current Assets	1,077,081	1,189,905	943,849	1,015,615	1,117,550	750,996
Property, Plant & Equipment	694,641	721,338	743,162	803,872	863,924	936,322
Other Intangible Assets	13,105	13,505	13,428	12,673	11,911	11,563
Long-Term Investments	309,859	314,859	310,559	296,178	285,518	275,443
Long-Term Deferred Tax Assets	421.87	421.87	552.37	770.5	813.36	943.86
Other Long-Term Assets	12,793	11,977	13,380	16,076	14,668	14,515
Total Assets	2,107,902	2,252,006	2,024,931	2,145,185	2,294,385	1,989,782
Accounts Payable	26,819	101,612	34,912	28,633	39,553	30,507
Accrued Expenses	44,815	45,830	47,093	69,404	55,666	57,333
Short-Term Debt	39,040	-	-	2,000	-	-
Current Portion of Long-Term Debt	-	52,054	51,904	55,854	54,854	43,262
Current Income Taxes Payable	-	47,428	56,002	54,559	62,728	11,674
Other Current Liabilities	16,881	84,492	15,000	15,422	12,958	12,352
Total Current Liabilities	127,556	331,416	204,911	225,872	225,760	155,127
Long-Term Debt	207,916	207,916	259,970	311,874	359,978	413,710
Other Long-Term Liabilities	19,011	19,643	20,146	20,559	20,700	19,080
Total Liabilities	354,483	558,974	485,027	558,304	606,437	587,918
Common Stock	700,000	700,000	700,000	700,000	700,000	700,000
Retained Earnings	675,724	611,467	517,179	593,307	888,718	600,895
Comprehensive Income & Other	344,151	344,151	284,664	254,130	56,454	56,454
Total Common Equity	1,719,875	1,655,618	1,501,843	1,547,438	1,645,173	1,357,350
Minority Interest	33,544	37,413	38,061	39,443	42,774	44,515
Shareholders' Equity	1,753,419	1,693,031	1,539,905	1,586,881	1,687,947	1,401,865
Total Liabilities & Equity	2,107,902	2,252,006	2,024,931	2,145,185	2,294,385	1,989,782
Total Debt	246,956	259,970	311,874	369,728	414,832	456,972
Net Cash (Debt)	493,270	667,622	250,667	-45,176	367,560	67,079
Net Cash Growth	141.87%	166.34%	-	-	447.95%	-83.35%
Net Cash Per Share	-	9537.46	3580.96	-645.37	5250.86	958.27
Filing Date Shares Outstanding	-	70	70	70	70	70
Total Common Shares Outstanding	-	70	70	70	70	70
Working Capital	949,525	858,489	738,938	789,743	891,791	595,869
Book Value Per Share	-	23651.68	21454.90	22106.25	23502.47	19390.71
Tangible Book Value	1,706,770	1,642,113	1,488,415	1,534,764	1,633,262	1,345,787
Tangible Book Value Per Share	-	23458.76	21263.08	21925.20	23332.32	19225.53
Buildings	-	1,757,770	1,751,411	1,749,805	1,737,970	1,731,815
Machinery	-	1,577,607	1,511,145	1,478,795	1,451,836	1,447,494
Construction In Progress	3,258	3,258	1,634	-	6,945	1,943

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