Ayala Balance Sheet

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

Millions PHP. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	64,210	66,902	75,502	74,784	73,847	90,484
Short-Term Investments	2,359	403.53	723.57	1,427	5,511	930.94
Trading Asset Securities	7,633	5,731	11,314	7,307	11,676	7,530
Cash & Short-Term Investments	74,201	73,036	87,539	83,518	91,035	98,945
Cash Growth	-13.27%	-16.57%	4.81%	-8.26%	-7.99%	1.04%
Accounts Receivable	181,040	166,901	160,578	162,657	165,207	147,806
Receivables	181,040	166,901	160,578	162,657	165,207	147,806
Inventory	309,442	290,709	273,208	260,402	220,650	190,871
Prepaid Expenses	23,535	24,312	23,756	22,170	20,704	19,880
Restricted Cash	-	-	-	8,828	-	-
Other Current Assets	54,003	44,900	39,481	37,921	44,185	39,771
Total Current Assets	642,222	599,858	584,563	575,495	541,782	497,272
Property, Plant & Equipment	269,379	233,774	202,693	172,553	136,975	117,680
Long-Term Investments	476,905	461,808	434,180	391,297	358,350	330,016
Goodwill	-	30,333	29,883	30,060	33,286	11,412
Other Intangible Assets	47,373	10,018	9,469	10,324	11,639	11,909
Long-Term Accounts Receivable	190,520	186,473	151,065	119,341	96,029	83,301
Long-Term Deferred Tax Assets	19,418	18,563	20,220	19,460	18,371	16,294
Long-Term Deferred Charges	22,388	22,089	22,477	17,074	13,510	18,727
Other Long-Term Assets	350,362	328,652	294,775	273,108	268,602	262,375
Total Assets	2,018,567	1,891,567	1,749,326	1,608,713	1,478,545	1,348,986

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	177,545	169,285	153,112	132,755	121,413	108,540
Accrued Expenses	62,474	62,459	54,223	53,678	48,960	41,240
Short-Term Debt	134,129	81,298	75,556	49,871	36,527	34,712
Current Portion of Long-Term Debt	66,789	46,564	60,875	49,461	31,497	31,494
Current Portion of Leases	3,665	3,326	4,648	3,070	2,365	2,110
Current Income Taxes Payable	1,132	716.58	820.44	1,076	1,272	803.5
Current Unearned Revenue	-	-	-	-	-	320.07
Other Current Liabilities	36,429	41,109	40,056	59,451	66,981	48,875
Total Current Liabilities	482,164	404,757	389,291	349,363	309,015	268,095
Long-Term Debt	588,527	576,625	530,328	490,511	484,464	412,311
Long-Term Leases	29,951	28,324	28,794	27,636	27,979	25,504
Long-Term Unearned Revenue	-	-	-	-	492.01	-
Pension & Post-Retirement Benefits	5,976	5,938	5,952	5,331	3,500	4,021
Long-Term Deferred Tax Liabilities	15,822	14,076	15,383	11,459	9,194	9,181
Other Long-Term Liabilities	52,785	52,000	53,996	49,472	48,603	64,563
Total Liabilities	1,175,226	1,081,719	1,023,744	933,772	883,246	783,673

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	31,521	31,512	31,478	31,475	31,461	31,451
Additional Paid-In Capital	76,574	76,376	57,246	54,980	49,982	49,544
Retained Earnings	419,366	388,402	335,194	297,883	267,836	260,112
Treasury Stock	-15,145	-15,145	-14,221	-14,546	-13,071	-12,383
Comprehensive Income & Other	20,671	23,318	17,601	19,547	23,654	26,807
Total Common Equity	532,987	504,462	427,300	389,339	359,863	355,532
Minority Interest	303,154	298,186	291,082	278,403	228,237	202,581
Shareholders' Equity	843,341	809,849	725,582	674,941	595,299	565,313
Total Liabilities & Equity	2,018,567	1,891,567	1,749,326	1,608,713	1,478,545	1,348,986

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	823,061	736,137	700,201	620,549	582,831	506,130
Net Cash (Debt)	-748,860	-663,101	-612,662	-537,031	-491,796	-407,186
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1207.48	-1064.78	-986.26	-866.81	-793.08	-652.93
Filing Date Shares Outstanding	620.42	620.04	623.6	619.81	619.15	619.7
Total Common Shares Outstanding	620.42	620.04	623.6	619.81	619.14	619.7
Working Capital	160,058	195,101	195,272	226,133	232,767	229,178
Book Value Per Share	859.08	813.60	685.22	628.16	581.23	573.71
Tangible Book Value	485,614	464,111	387,947	348,955	314,937	332,211
Tangible Book Value Per Share	782.72	748.52	622.11	563.01	508.67	536.08
Land	-	37,938	31,700	34,305	28,566	46,032
Machinery	-	154,547	109,799	70,989	66,014	68,683
Construction In Progress	-	56,362	73,138	83,309	53,232	9,039