HKT Trust and HKT Balance Sheet

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

Millions HKD. 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	1,957	1,850	1,630	1,997	2,411
Short-Term Investments	475	688	443	459	832
Trading Asset Securities	21	-	-	-	-
Cash & Short-Term Investments	2,453	2,538	2,073	2,456	3,243
Cash Growth	-3.35%	22.43%	-15.59%	-24.27%	10.01%
Accounts Receivable	3,872	3,331	3,371	3,916	4,683
Other Receivables	2	7	2	-	8
Receivables	3,874	3,338	3,373	3,916	4,691
Inventory	1,546	1,503	959	1,607	1,218
Prepaid Expenses	4,019	1,032	796	989	785
Restricted Cash	187	179	211	375	187
Other Current Assets	40	2,295	2,031	1,817	1,011
Total Current Assets	12,119	10,885	9,443	11,160	11,135
Property, Plant & Equipment	32,171	30,194	29,266	28,183	27,337
Long-Term Investments	1,070	2,109	1,149	1,084	1,077
Goodwill	49,813	49,799	49,806	49,803	49,809
Other Intangible Assets	20,656	18,628	17,592	17,182	16,376
Long-Term Accounts Receivable	236	261	324	285	300
Long-Term Deferred Tax Assets	731	790	895	968	758
Long-Term Deferred Charges	3,249	3,052	2,920	1,755	1,611
Other Long-Term Assets	1,107	1,095	723	775	1,209
Total Assets	121,152	116,813	112,118	111,195	109,612
Accounts Payable	10,929	10,141	8,130	7,549	7,212
Accrued Expenses	6,723	6,991	6,340	6,304	4,536
Short-Term Debt	5,968	4,016	1,133	4,004	126
Current Portion of Long-Term Debt	-	-	151	98	-
Current Portion of Leases	891	1,028	1,070	1,049	1,023
Current Income Taxes Payable	1,954	1,888	1,576	1,909	1,523
Current Unearned Revenue	1,659	1,415	1,450	1,410	1,513
Other Current Liabilities	330	342	279	286	270
Total Current Liabilities	28,454	25,821	20,129	22,609	16,203
Long-Term Debt	38,691	37,421	43,518	40,111	43,756
Long-Term Leases	1,619	825	979	925	1,162
Long-Term Unearned Revenue	937	973	980	1,031	1,159
Long-Term Deferred Tax Liabilities	6,290	5,746	5,498	5,048	4,674
Other Long-Term Liabilities	6,767	6,382	5,632	5,042	5,461
Total Liabilities	82,758	77,168	76,736	74,766	72,415
Common Stock	8	8	8	3.79	3.79
Additional Paid-In Capital	-	7,860	7,860	34,110	34,067
Retained Earnings	-	6,486	1,751	2,458	3,120
Treasury Stock	-	-42	-52	-64	-33
Comprehensive Income & Other	36,813	23,970	25,745	-142.58	-20.58
Total Common Equity	36,821	38,282	35,312	36,365	37,137
Minority Interest	1,573	1,363	70	60	56
Shareholders' Equity	38,394	39,645	35,382	36,429	37,197
Total Liabilities & Equity	121,152	116,813	112,118	111,195	109,612
Total Debt	47,169	43,290	46,851	46,187	46,067
Net Cash (Debt)	-44,716	-40,752	-44,778	-43,731	-42,824
Net Cash Per Share	-5.90	-5.38	-5.91	-5.77	-5.65
Filing Date Shares Outstanding	7,577	7,580	7,579	7,579	7,575
Total Common Shares Outstanding	7,577	7,580	7,579	7,579	7,575
Working Capital	-16,335	-14,936	-10,686	-11,449	-5,068
Book Value Per Share	4.86	5.05	4.66	4.80	4.90
Tangible Book Value	-33,648	-30,145	-32,086	-30,620	-29,048
Tangible Book Value Per Share	-4.44	-3.98	-4.23	-4.04	-3.83
Buildings	-	1,353	1,353	1,353	1,353
Machinery	-	71,829	71,169	70,370	68,690
Construction In Progress	-	2,993	2,683	2,321	2,296

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