Model N Balance Sheet

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	18,926	19,599	5,013	1,898
Cash & Short-Term Investments	18,926	19,599	5,013	1,898
Cash Growth	-3.44%	290.98%	164.13%	-
Accounts Receivable	158.61	51	-	-
Other Receivables	301.43	2,787	1,174	-
Receivables	460.04	2,838	1,174	-
Inventory	3,622	1,522	417.83	-
Prepaid Expenses	327.73	-	-	-
Other Current Assets	4,390	607.15	-	-
Total Current Assets	27,726	24,566	6,604	1,898
Property, Plant & Equipment	46,776	39,203	9,619	626.19
Long-Term Deferred Tax Assets	352.57	307.98	43.63	34.98
Other Long-Term Assets	1,000	1,490	-	-
Total Assets	75,855	65,567	16,267	2,559
Accounts Payable	259.42	1,157	922.86	-
Accrued Expenses	414.94	99.96	-	-
Current Portion of Long-Term Debt	3,185	4,009	1,600	-
Current Portion of Leases	660	-	-	-
Current Income Taxes Payable	720.64	976.18	75.36	26.15
Current Unearned Revenue	6.67	4.81	-	-
Other Current Liabilities	177.82	-	2,250	-
Total Current Liabilities	5,424	6,247	4,848	26.15
Long-Term Debt	7,420	5,284	5,600	-
Long-Term Leases	495	-	-	-
Other Long-Term Liabilities	-	1,255	2,436	-
Total Liabilities	14,942	14,186	13,083	185.14
Common Stock	40,645	40,381	100	100
Additional Paid-In Capital	9,635	9,635	-	-
Retained Earnings	10,415	1,301	3,042	2,234
Comprehensive Income & Other	201.08	50.89	42.49	40.27
Total Common Equity	60,896	51,368	3,184	2,374
Minority Interest	16.19	13.41	-	-
Shareholders' Equity	60,912	51,382	3,184	2,374
Total Liabilities & Equity	75,855	65,567	16,267	2,559
Total Debt	11,760	9,294	7,200	-
Net Cash (Debt)	7,166	10,306	-2,187	1,898
Net Cash Growth	-30.47%	-	-	-
Net Cash Per Share	5.72	145.06	-18.85	16.36
Filing Date Shares Outstanding	2,076	1,626	116	116
Total Common Shares Outstanding	1,626	1,626	116	116
Working Capital	22,301	18,319	1,756	1,872
Book Value Per Share	37.46	31.60	27.45	20.46
Tangible Book Value	60,896	51,368	3,184	2,374
Tangible Book Value Per Share	37.46	31.60	27.45	20.46
Land	18,682	11,428	-	-
Buildings	17,369	16,452	9,209	-
Machinery	16,408	16,148	1,295	937.9

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