AREIT Balance Sheet

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	0.92	97,580	78,257	0.6	50,081	29,190
Cash & Equivalents	264.68	71.17	41.76	62.75	92.01	58.98
Accounts Receivable	1,443	1,372	691.42	855.21	405.97	130.18
Other Receivables	4,625	2,791	3,599	350.58	315.09	722.06
Loans Receivable Current	-	-	-	711.41	599.03	1,520
Other Current Assets	197.7	323.31	153.42	157.82	111.15	169.24
Other Long-Term Assets	140,284	21,085	10,530	65,548	4,899	3,309
Total Assets	146,816	123,223	93,272	67,686	56,504	35,100
Current Portion of Long-Term Debt	-	-	-	2,978	-	-
Current Portion of Leases	-	-	-	50.29	42.97	34.3
Long-Term Debt	-	-	-	-	2,957	-
Long-Term Leases	1,304	1,248	1,217	1,136	1,111	837.54
Accounts Payable	1,170	817.6	375.39	89.1	99.05	26.95
Accrued Expenses	84.67	77.94	159.07	774.75	228.52	148.49
Current Income Taxes Payable	36.77	98.03	202.77	90.77	61.78	54.44
Current Unearned Revenue	553.12	147.4	322.41	235.45	286.27	45.54
Other Current Liabilities	3,360	2,227	1,717	402.69	590.1	422.36
Long-Term Unearned Revenue	1,049	1,182	1,107	647.4	712.97	361.42
Other Long-Term Liabilities	1,721	1,915	1,667	810.08	577.23	361.28
Total Liabilities	11,420	9,852	9,862	7,613	7,616	2,292
Common Stock	37,831	32,772	24,359	18,284	15,762	10,930
Additional Paid-In Capital	72,224	56,368	36,320	20,022	11,333	785.68
Retained Earnings	26,015	24,904	23,404	22,441	22,465	21,765
Treasury Stock	-673.3	-673.3	-673.3	-673.3	-673.3	-673.3
Total Common Equity	135,396	113,371	83,410	60,073	48,888	32,808
Shareholders' Equity	135,396	113,371	83,410	60,073	48,888	32,808
Total Liabilities & Equity	146,816	123,223	93,272	67,686	56,504	35,100
Total Debt	3,444	3,386	4,313	4,563	5,060	871.84
Net Cash (Debt)	-3,180	-3,315	-4,271	-4,500	-4,968	-812.87
Net Cash Per Share	-1.00	-1.19	-2.21	-2.98	-3.36	-0.82
Filing Date Shares Outstanding	3,716	3,210	2,369	1,761	1,509	1,026
Total Common Shares Outstanding	3,716	3,210	2,369	1,761	1,509	1,026
Book Value Per Share	36.44	35.32	35.21	34.11	32.40	31.99
Tangible Book Value	135,396	113,371	83,410	60,073	48,888	32,808
Tangible Book Value Per Share	36.44	35.32	35.21	34.11	32.40	31.99

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.