Terra Mauricia Balance Sheet

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

Millions MUR. 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	649.9	1,147	1,105	1,215	505.8	437.3
Cash & Short-Term Investments	649.9	1,147	1,105	1,215	505.8	437.3
Cash Growth	-26.52%	3.78%	-9.04%	140.25%	15.66%	-11.03%
Accounts Receivable	-	1,813	1,900	1,260	1,337	956.8
Other Receivables	-	647.7	653.4	496.3	191	172.8
Receivables	-	2,462	2,555	1,758	1,529	1,130
Inventory	-	2,622	2,189	1,925	1,482	1,404
Prepaid Expenses	-	120.2	55.1	105.4	82.9	20.6
Other Current Assets	5,033	49.7	279.7	580.9	1,269	531.9
Total Current Assets	5,683	6,401	6,183	5,585	4,869	3,524
Property, Plant & Equipment	-	11,966	11,789	12,144	10,677	11,350
Long-Term Investments	-	5,764	4,957	4,217	4,317	3,647
Goodwill	-	10.4	10.4	9.9	-	-
Other Intangible Assets	-	205.3	209.6	214.5	193.1	196.1
Long-Term Accounts Receivable	-	63.9	57.3	53.2	50.7	45.6
Long-Term Deferred Tax Assets	-	224.4	199.2	185	216.7	253.2
Other Long-Term Assets	22,121	3,323	3,140	2,648	1,960	1,761
Total Assets	27,804	27,958	26,545	25,056	22,283	20,777
Accounts Payable	-	613.2	820.2	558.7	734.9	537
Accrued Expenses	-	896.3	591	517.6	342.6	326.7
Short-Term Debt	-	1,221	1,310	1,214	968.6	910.6
Current Portion of Long-Term Debt	-	43.1	117.9	109.8	70	348
Current Portion of Leases	-	72.3	63.2	49.1	36.5	3.9
Current Income Taxes Payable	-	14.2	25.3	9	42.9	26
Current Unearned Revenue	-	512.1	385.2	510.7	158.7	73.4
Other Current Liabilities	3,725	539.4	489.2	687.6	947.8	185.9
Total Current Liabilities	3,725	3,912	3,802	3,656	3,302	2,412
Long-Term Debt	4,070	3,269	3,272	3,352	3,098	2,645
Long-Term Leases	-	84.3	68.2	39.5	12.9	29.5
Long-Term Unearned Revenue	-	33	26.5	65.5	-	-
Pension & Post-Retirement Benefits	-	748.4	754.9	735.7	628.8	865.1
Long-Term Deferred Tax Liabilities	-	159.9	145.5	145.6	242.5	256.9
Other Long-Term Liabilities	-	22.2	3.5	7	-	-
Total Liabilities	7,795	8,229	8,072	8,002	7,284	6,208
Common Stock	11,976	11,976	11,976	11,976	11,976	11,976
Retained Earnings	3,519	3,334	2,303	1,456	504.7	309.7
Comprehensive Income & Other	2,998	2,970	2,921	2,636	1,679	1,308
Total Common Equity	18,493	18,280	17,200	16,068	14,159	13,594
Minority Interest	1,515	1,449	1,273	985.7	840.1	975.4
Shareholders' Equity	20,009	19,729	18,473	17,054	15,000	14,569
Total Liabilities & Equity	27,804	27,958	26,545	25,056	22,283	20,777
Total Debt	4,070	4,690	4,831	4,765	4,186	3,937
Net Cash (Debt)	-3,420	-3,543	-3,726	-3,549	-3,680	-3,499
Net Cash Per Share	-15.03	-15.57	-16.38	-15.60	-16.17	-15.38
Filing Date Shares Outstanding	227.55	227.55	227.55	227.55	227.55	227.55
Total Common Shares Outstanding	227.55	227.55	227.55	227.55	227.55	227.55
Working Capital	1,957	2,489	2,382	1,928	1,567	1,113
Book Value Per Share	81.27	80.33	75.59	70.61	62.23	59.74
Tangible Book Value	18,493	18,064	16,980	15,844	13,966	13,397
Tangible Book Value Per Share	81.27	79.39	74.62	69.63	61.38	58.88
Land	-	9,004	9,024	9,425	8,383	8,846
Buildings	-	1,214	1,183	1,147	1,035	3,422
Machinery	-	6,309	5,984	5,919	5,396	5,443
Construction In Progress	-	48.1	5.4	7.4	7.5	0.9

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