Vestland Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	15.03	39.88	41.34	21.32	3.89
Short-Term Investments	-	93.42	57	22.43	19.79
Cash & Short-Term Investments	15.03	133.3	98.34	43.76	23.68
Cash Growth	-88.73%	35.55%	124.73%	84.82%	19.35%
Accounts Receivable	673.68	478.23	305.33	135.97	96.33
Other Receivables	94.16	0.45	0.23	0.15	8.66
Receivables	767.84	478.68	305.56	136.12	104.99
Prepaid Expenses	-	5.37	3.52	2.08	0.28
Other Current Assets	-	-	-	0.67	1.83
Total Current Assets	782.87	617.36	407.42	182.63	130.78
Property, Plant & Equipment	37.01	30.65	14.64	12.34	11.07
Long-Term Deferred Tax Assets	-	-	-	-	0.1
Other Long-Term Assets	88.25	66.36	60.06	32	26.8
Total Assets	908.13	714.37	482.12	226.97	168.75
Accounts Payable	244.75	191.77	120.19	87.34	68.27
Accrued Expenses	-	11.99	5.96	4.5	1.36
Short-Term Debt	350.38	274.29	154.2	24.61	6.3
Current Portion of Long-Term Debt	1.19	1.92	1.74	1.59	1.37
Current Portion of Leases	0.87	0.9	0.49	0.19	1.03
Current Income Taxes Payable	4.38	5.77	2.89	4.44	2.27
Current Unearned Revenue	32.19	12.66	20.74	1.81	2.82
Other Current Liabilities	29.83	11.42	11.09	11.02	18.57
Total Current Liabilities	663.59	510.73	317.29	135.51	102
Long-Term Debt	15.39	9.34	10.68	19.25	19.19
Long-Term Leases	2.08	2.27	0.65	0.6	1.11
Long-Term Deferred Tax Liabilities	0.04	0.04	0.04	0.04	-
Total Liabilities	681.11	522.39	328.66	155.41	122.3
Common Stock	100.6	100.6	100.6	46.46	1.75
Retained Earnings	171.13	136.09	97.58	69.81	44.7
Comprehensive Income & Other	-44.71	-44.71	-44.71	-44.71	-
Shareholders' Equity	227.02	191.98	153.46	71.56	46.45
Total Liabilities & Equity	908.13	714.37	482.12	226.97	168.75
Total Debt	369.92	288.73	167.76	46.25	29
Net Cash (Debt)	-354.89	-155.43	-69.42	-2.49	-5.33
Net Cash Per Share	-0.38	-0.16	-0.07	-0.00	-
Filing Date Shares Outstanding	944.31	944.31	944.31	944.31	774.31
Total Common Shares Outstanding	944.31	944.31	944.31	774.31	-
Working Capital	119.27	106.63	90.13	47.12	28.78
Book Value Per Share	0.24	0.20	0.16	0.09	-
Tangible Book Value	227.02	191.98	153.46	71.56	46.45
Tangible Book Value Per Share	0.24	0.20	0.16	0.09	-
Buildings	-	16.36	9.38	9.38	-
Machinery	-	10.88	9.4	9.57	5.63
Construction In Progress	-	7.65	-	-	7.65
Order Backlog	-	1,900	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.