AoFrio Balance Sheet

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

Millions NZD. 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	1.34	2.09	3.3	2.84	5.95
Cash & Short-Term Investments	1.34	2.09	3.3	2.84	5.95
Cash Growth	-35.88%	-36.48%	16.06%	-52.31%	29.13%
Accounts Receivable	20.16	19.09	15.44	23	16.41
Other Receivables	0.5	1	0.8	0.66	0.6
Receivables	20.66	20.09	16.24	23.66	17.01
Inventory	7.48	9.43	8.8	11.27	4.6
Prepaid Expenses	0.44	0.39	0.24	0.62	0.84
Other Current Assets	-	-	0.25	0.14	-
Total Current Assets	29.93	32	28.83	38.53	28.4
Property, Plant & Equipment	6.14	5.78	5.48	1.16	1.72
Goodwill	3.42	3.25	3.19	3.15	3.13
Other Intangible Assets	0.56	0.6	0.54	0.42	0.41
Long-Term Deferred Tax Assets	10.58	10.37	10.36	10.54	6.05
Long-Term Deferred Charges	20.14	15.18	10.19	9.34	9.09
Total Assets	70.77	67.18	58.6	63.13	48.79
Accounts Payable	19.05	19.57	14.2	21.79	14.51
Accrued Expenses	3.96	4.54	3.03	3.31	4.66
Short-Term Debt	9.21	4.22	4	2.65	0.08
Current Portion of Long-Term Debt	0.02	0.02	0.67	0.72	0.42
Current Portion of Leases	0.37	0.27	0.18	0.08	0.23
Current Income Taxes Payable	-	-	0.02	-	-
Current Unearned Revenue	3.07	2.52	2.27	2.01	1.43
Other Current Liabilities	0.16	0.43	0.13	0.18	0.23
Total Current Liabilities	35.83	31.58	24.51	30.73	21.56
Long-Term Debt	0.33	0.34	0.31	0.47	0.51
Long-Term Leases	4.03	4	4.21	-	0.76
Long-Term Unearned Revenue	14.71	13.95	10.03	8.15	5.36
Other Long-Term Liabilities	-	-	-	-	0.32
Total Liabilities	54.89	49.86	39.06	39.35	28.51
Common Stock	135.82	135.58	135.58	135.58	135.56
Retained Earnings	-115.71	-113.62	-111.74	-108.21	-111.47
Comprehensive Income & Other	-4.24	-4.65	-4.29	-3.59	-3.8
Shareholders' Equity	15.87	17.31	19.54	23.78	20.29
Total Liabilities & Equity	70.77	67.18	58.6	63.13	48.79
Total Debt	13.95	8.84	9.38	3.92	2
Net Cash (Debt)	-12.6	-6.75	-6.08	-1.08	3.96
Net Cash Growth	-	-	-	-	53.51%
Net Cash Per Share	-0.03	-0.02	-0.01	-0.00	0.01
Filing Date Shares Outstanding	434.23	431.85	431.85	431.85	431.91
Total Common Shares Outstanding	434.23	431.85	431.85	431.85	431.91
Working Capital	-5.91	0.43	4.32	7.8	6.85
Book Value Per Share	0.04	0.04	0.05	0.06	0.05
Tangible Book Value	11.9	13.46	15.81	20.21	16.75
Tangible Book Value Per Share	0.03	0.03	0.04	0.05	0.04
Machinery	7.08	6.22	5.7	7.44	7.21

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