PCCW Limited 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	2,592	2,288	2,627	3,009	4,564
Short-Term Investments	475	729	506	510	912
Cash & Short-Term Investments	3,067	3,017	3,133	3,519	5,476
Cash Growth	1.66%	-3.70%	-10.97%	-35.74%	5.27%
Accounts Receivable	6,919	5,388	5,639	6,837	8,738
Other Receivables	647	30	27	751	54
Receivables	7,566	5,418	5,666	7,588	8,792
Inventory	1,705	2,122	1,608	2,065	1,444
Prepaid Expenses	5,284	1,403	1,026	1,104	1,104
Restricted Cash	187	205	211	375	187
Other Current Assets	852	2,866	2,567	2,395	1,618
Total Current Assets	18,661	15,031	14,211	17,046	18,621
Property, Plant & Equipment	32,779	30,916	29,861	28,872	28,207
Long-Term Investments	5,972	7,600	7,249	7,934	5,688
Goodwill	18,007	17,963	17,976	17,971	18,248
Other Intangible Assets	25,414	21,242	19,542	17,670	18,209
Long-Term Accounts Receivable	236	261	324	285	300
Long-Term Deferred Tax Assets	751	811	913	985	788
Long-Term Deferred Charges	2,298	3,653	3,581	3,193	2,754
Other Long-Term Assets	1,291	1,281	906	1,108	1,408
Total Assets	105,409	98,758	94,563	95,064	94,223
Accounts Payable	10,240	7,570	6,297	6,074	5,770
Accrued Expenses	8,515	8,455	8,255	8,991	8,485
Short-Term Debt	5,884	4,013	1,131	3,950	2,419
Current Portion of Long-Term Debt	42	41	151	98	-
Current Portion of Leases	969	1,103	1,107	1,130	1,120
Current Income Taxes Payable	2,213	2,153	1,853	2,185	1,827
Current Unearned Revenue	1,840	1,561	1,659	1,606	1,658
Other Current Liabilities	452	395	315	340	336
Total Current Liabilities	30,155	25,291	20,768	24,374	21,615
Long-Term Debt	53,873	48,754	51,599	45,794	44,501
Long-Term Leases	1,643	919	1,036	994	1,273
Long-Term Unearned Revenue	937	974	980	1,031	1,159
Pension & Post-Retirement Benefits	24	58	95	69	103
Long-Term Deferred Tax Liabilities	5,425	5,028	4,889	4,585	4,267
Other Long-Term Liabilities	6,546	6,220	5,495	5,452	5,823
Total Liabilities	98,603	87,244	84,862	82,299	78,741
Common Stock	12,954	12,954	12,954	12,954	12,954
Retained Earnings	-	-10,923	-9,973	-7,259	-4,470
Treasury Stock	-	-12	-10	-9	-11
Comprehensive Income & Other	-9,330	5,469	5,396	5,754	5,890
Total Common Equity	3,624	7,488	8,367	11,440	14,363
Minority Interest	3,182	4,026	1,334	1,325	1,119
Shareholders' Equity	6,806	11,514	9,701	12,765	15,482
Total Liabilities & Equity	105,409	98,758	94,563	95,064	94,223
Total Debt	62,411	54,830	55,024	51,966	49,313
Net Cash (Debt)	-59,344	-51,813	-51,891	-48,447	-43,837
Net Cash Per Share	-7.67	-6.70	-6.72	-6.27	-5.67
Filing Date Shares Outstanding	7,737	7,733	7,728	7,725	7,724
Total Common Shares Outstanding	7,737	7,733	7,728	7,725	7,724
Working Capital	-11,494	-10,260	-6,557	-7,328	-2,994
Book Value Per Share	-0.25	0.21	0.32	0.72	1.10
Tangible Book Value	-39,797	-31,717	-29,151	-24,201	-22,094
Tangible Book Value Per Share	-5.87	-4.86	-4.53	-3.89	-3.62
Land	-	1,585	1,585	1,585	1,599
Machinery	-	60,433	59,753	58,882	58,421
Construction In Progress	-	3,357	2,945	2,609	2,601

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