Tenaga Nasional Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10,023	15,213	17,225	4,056	5,635	5,023
Short-Term Investments	3,704	4,096	1,820	1,302	1,503	2,598
Trading Asset Securities	133.6	445.9	1,614	8,141	2,452	6,974
Accounts Receivable	13,043	8,720	8,758	8,454	7,626	6,694
Other Receivables	345.2	7,992	7,345	19,004	7,157	3,463
Inventory	2,425	2,544	2,758	3,291	1,977	1,584
Restricted Cash	194.4	198.4	231	274.1	325.2	508.4
Other Current Assets	996.3	1,100	897.5	533.5	347.7	958.9
Total Current Assets	30,864	40,308	40,648	45,056	27,023	27,803
Property, Plant & Equipment	163,282	156,668	156,039	153,982	148,817	147,502
Goodwill	-	733.4	824.1	421.4	438.4	434
Other Intangible Assets	937.1	219.1	446.4	172.2	-	-
Long-Term Investments	1,609	1,919	2,094	2,131	2,251	1,803
Long-Term Deferred Tax Assets	329.9	373.9	379.3	377.5	372.6	131
Long-Term Deferred Charges	8.9	8.9	4.7	1.3	0.8	-
Long-Term Accounts Receivable	3.7	503.3	6.1	7.4	8.7	10.1
Other Long-Term Assets	1,846	4,322	4,302	3,773	3,690	3,750
Total Assets	198,880	205,056	204,744	205,922	182,601	181,433
Accounts Payable	352.9	9,869	9,468	8,531	5,209	7,426
Accrued Expenses	645.5	3,269	2,797	2,971	2,538	2,477
Short-Term Debt	5,903	2,079	4,715	6,744	2,725	938
Current Portion of Long-Term Debt	-	4,197	2,616	6,518	4,268	5,471
Current Unearned Revenue	627	460.2	338.6	573.4	492.3	420.5
Current Portion of Leases	2,791	3,140	2,984	3,141	3,099	3,258
Current Income Taxes Payable	1,471	85.3	108.2	187.9	43.9	44.8
Other Current Liabilities	22,954	10,869	9,813	8,931	8,842	8,766
Total Current Liabilities	34,745	33,968	32,839	37,597	27,217	28,801
Long-Term Debt	50,979	51,135	54,450	50,622	44,724	43,219
Long-Term Leases	28,592	25,571	27,877	30,138	26,143	25,471
Long-Term Unearned Revenue	9,487	9,027	6,373	5,659	5,304	4,715
Pension & Post-Retirement Benefits	12,404	11,958	11,755	10,966	11,666	13,069
Long-Term Deferred Tax Liabilities	9,136	9,264	9,018	8,820	8,178	7,806
Other Long-Term Liabilities	1,898	1,565	1,349	1,154	975.3	902.3
Total Liabilities	147,241	142,486	143,661	144,956	124,208	123,983
Common Stock	12,810	12,700	12,500	12,204	11,928	11,675
Retained Earnings	44,196	54,634	53,009	52,776	51,494	52,401
Comprehensive Income & Other	-7,591	-6,963	-6,683	-6,463	-6,813	-8,243
Total Common Equity	49,416	60,371	58,826	58,517	56,608	55,833
Minority Interest	2,223	2,199	2,257	2,449	1,784	1,617
Shareholders' Equity	51,639	62,570	61,083	60,966	58,392	57,450
Total Liabilities & Equity	198,880	205,056	204,744	205,922	182,601	181,433
Total Debt	88,265	86,121	92,642	97,163	80,959	78,357
Net Cash (Debt)	-74,405	-66,366	-71,982	-83,663	-71,369	-63,762
Net Cash Per Share	-12.78	-11.42	-12.42	-14.49	-12.42	-11.14
Filing Date Shares Outstanding	5,823	5,813	5,787	5,753	5,726	5,705
Total Common Shares Outstanding	5,823	5,813	5,787	5,753	5,726	5,705
Working Capital	-3,881	6,340	7,810	7,459	-194.3	-998.8
Book Value Per Share	8.49	10.39	10.16	10.17	9.89	9.79
Tangible Book Value	48,478	59,419	57,555	57,924	56,170	55,399
Tangible Book Value Per Share	8.33	10.22	9.95	10.07	9.81	9.71
Land	-	3,717	3,702	3,388	3,166	2,844
Buildings	-	27,278	26,928	26,722	25,379	24,076
Machinery	-	117,695	113,749	107,696	103,022	96,603
Construction In Progress	-	17,038	14,500	12,296	12,231	14,872

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.