Ayala Land Balance Sheet

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	20,721	18,497	21,508	17,066	11,885	13,971
Short-Term Investments	105.96	82.46	72.03	333.61	330.5	325.64
Trading Asset Securities	633.68	399.69	651.01	419.8	291.99	700.8
Cash & Short-Term Investments	21,461	18,979	22,231	17,820	12,508	14,998
Cash Growth	-4.00%	-14.63%	24.75%	42.47%	-16.60%	-18.32%
Accounts Receivable	114,036	111,751	108,063	105,530	102,151	100,097
Receivables	114,036	111,751	108,063	105,530	102,151	100,097
Inventory	263,769	261,546	252,671	238,407	181,793	148,967
Prepaid Expenses	22,334	22,459	22,328	20,825	19,402	19,175
Other Current Assets	36,289	34,470	30,367	30,376	44,004	45,315
Total Current Assets	457,889	449,205	435,661	412,958	359,857	328,553
Property, Plant & Equipment	57,685	56,910	49,833	53,070	48,573	53,935
Long-Term Investments	32,639	33,657	32,050	32,335	32,951	31,443
Other Intangible Assets	2,853	2,900	3,086	3,264	3,331	3,436
Long-Term Accounts Receivable	114,536	113,881	80,249	58,453	49,033	43,664
Long-Term Deferred Tax Assets	13,898	13,328	14,852	15,345	13,889	12,890
Other Long-Term Assets	334,131	327,483	303,023	271,208	272,021	271,543
Total Assets	1,014,853	997,364	918,755	846,632	779,655	745,464
Accounts Payable	145,427	148,724	131,593	112,906	95,187	87,252
Accrued Expenses	42,110	44,499	38,913	37,512	35,189	33,708
Short-Term Debt	55,644	32,236	20,671	16,905	6,547	16,783
Current Portion of Long-Term Debt	18,427	26,039	26,239	18,969	19,258	26,174
Current Portion of Leases	1,190	1,231	1,843	1,109	710.16	599.36
Current Income Taxes Payable	502.55	296.14	523.53	586.61	845.07	506.64
Current Unearned Revenue	11,724	8,781	14,907	29,988	26,689	23,859
Other Current Liabilities	22,077	21,020	14,433	16,201	18,098	19,343
Total Current Liabilities	297,102	282,828	249,123	234,177	202,524	208,224
Long-Term Debt	262,739	259,762	235,246	222,380	210,233	180,140
Long-Term Leases	17,225	17,449	16,935	17,414	17,992	17,238
Long-Term Unearned Revenue	3,190	3,194	7,047	13,919	15,231	17,033
Pension & Post-Retirement Benefits	3,000	2,973	3,147	2,769	1,871	2,104
Long-Term Deferred Tax Liabilities	9,817	9,902	10,468	7,324	5,849	6,520
Other Long-Term Liabilities	33,223	36,202	38,293	28,720	32,289	43,703
Total Liabilities	626,298	612,310	560,259	526,703	485,990	474,962
Common Stock	16,713	16,713	15,731	15,722	15,707	15,257
Additional Paid-In Capital	105,850	106,230	83,936	83,584	83,100	65,494
Retained Earnings	255,071	254,742	224,239	202,381	183,536	168,981
Treasury Stock	-64,534	-63,430	-30,128	-22,776	-19,081	-16,894
Comprehensive Income & Other	12,832	9,223	4,311	-6,356	-9,316	-1,524
Total Common Equity	325,932	323,478	298,089	272,554	253,946	231,314
Minority Interest	61,316	60,270	59,100	46,069	38,412	37,882
Shareholders' Equity	388,555	385,054	358,496	319,929	293,665	270,502
Total Liabilities & Equity	1,014,853	997,364	918,755	846,632	779,655	745,464
Total Debt	355,226	336,718	300,934	276,777	254,741	240,934
Net Cash (Debt)	-333,765	-317,739	-278,703	-258,957	-242,234	-225,936
Net Cash Per Share	-23.21	-21.97	-18.81	-17.28	-16.39	-15.34
Filing Date Shares Outstanding	14,308	14,340	14,700	14,942	15,065	14,811
Total Common Shares Outstanding	14,340	14,275	14,700	14,942	15,065	14,811
Working Capital	160,788	166,377	186,538	178,780	157,333	120,329
Book Value Per Share	22.73	22.66	20.28	18.24	16.86	15.62
Tangible Book Value	323,079	320,578	295,003	269,290	250,614	227,878
Tangible Book Value Per Share	22.53	22.46	20.07	18.02	16.64	15.39
Land	27,208	25,990	21,113	18,063	14,248	18,418
Machinery	28,146	29,285	28,856	30,830	27,844	26,711

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