Cebu Air 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	23,063	21,683	19,916	15,596	19,175	18,805
Trading Asset Securities	-	-	-	-	60.91	-
Cash & Short-Term Investments	23,063	21,683	19,916	15,596	19,236	18,805
Cash Growth	21.01%	8.87%	27.70%	-18.93%	2.30%	334.88%
Accounts Receivable	-	2,856	2,201	1,447	1,668	1,178
Other Receivables	3,829	577.45	952.86	1,096	923.22	800.94
Receivables	3,829	3,433	3,154	2,543	2,591	1,979
Inventory	4,867	4,571	4,634	4,016	2,533	1,777
Prepaid Expenses	-	1,021	951.56	202.13	26.88	57.38
Restricted Cash	-	-	-	1,259	832.06	778.04
Other Current Assets	7,390	8,513	8,427	4,618	4,576	2,931
Total Current Assets	39,150	39,220	37,082	28,234	29,795	26,327
Property, Plant & Equipment	210,586	209,834	185,580	146,080	108,015	104,613
Long-Term Investments	577.12	564.34	447.44	300.44	221.88	335.17
Goodwill	1,546	1,546	1,034	721.65	721.65	721.65
Other Intangible Assets	-	1,837	1,837	852.69	852.69	852.69
Long-Term Deferred Tax Assets	9,256	9,127	8,404	8,174	5,567	3,438
Other Long-Term Assets	4,346	2,542	3,784	2,821	1,983	1,966
Total Assets	265,461	264,670	238,167	187,185	147,156	138,254
Accounts Payable	21,893	6,949	8,958	11,204	8,636	3,743
Accrued Expenses	-	16,722	14,448	13,595	10,570	11,255
Short-Term Debt	-	-	5,568	-	-	4,462
Current Portion of Long-Term Debt	5,038	4,746	4,024	5,093	3,699	3,855
Current Portion of Leases	14,975	14,782	13,470	9,229	5,851	5,048
Current Income Taxes Payable	3.47	4.55	5.16	2.86	-	1.27
Current Unearned Revenue	23,309	22,815	21,588	15,223	13,653	5,077
Other Current Liabilities	38.06	466.59	472.69	343.12	1,400	1,964
Total Current Liabilities	65,256	66,485	68,534	54,689	43,809	35,406
Long-Term Debt	66,974	61,390	52,931	47,044	50,103	54,284
Long-Term Leases	106,713	110,544	100,160	73,411	42,597	27,422
Long-Term Unearned Revenue	-	-	-	413.62	260.28	-
Pension & Post-Retirement Benefits	952.77	928.06	998.26	893.24	759.34	424.82
Other Long-Term Liabilities	6,858	6,303	5,520	5,955	12,511	10,106
Total Liabilities	246,754	245,649	228,143	182,406	150,041	127,644
Common Stock	947.45	637.7	637.36	634.91	626.07	613.24
Additional Paid-In Capital	4,518	4,508	4,494	20,659	20,596	20,544
Retained Earnings	14,460	14,880	5,404	-16,266	-24,189	-10,209
Treasury Stock	-1,391	-1,386	-955.71	-950.88	-950.88	-950.88
Comprehensive Income & Other	248.36	167.86	135.85	391.86	715.2	283.65
Total Common Equity	18,784	18,808	9,715	4,468	-3,202	10,281
Minority Interest	-75.99	-96.11	-	-	-	-
Shareholders' Equity	18,708	19,021	10,025	4,778	-2,885	10,610
Total Liabilities & Equity	265,461	264,670	238,167	187,185	147,156	138,254
Total Debt	193,700	191,461	176,153	134,777	102,251	95,073
Net Cash (Debt)	-170,637	-169,778	-156,238	-119,181	-83,015	-76,268
Net Cash Per Share	-154.35	-136.35	-124.74	-95.47	-134.94	-126.25
Filing Date Shares Outstanding	432.92	612.6	624.27	621.99	616.31	612.06
Total Common Shares Outstanding	432.92	612.6	624.27	621.99	616.31	612.06
Working Capital	-26,106	-27,265	-31,452	-26,455	-14,014	-9,079
Book Value Per Share	43.39	30.70	15.56	7.18	-5.20	16.80
Tangible Book Value	17,238	15,425	6,844	2,894	-4,777	8,706
Tangible Book Value Per Share	39.82	25.18	10.96	4.65	-7.75	14.22
Machinery	-	95,052	78,801	75,415	75,719	88,354
Construction In Progress	-	23,142	22,926	17,992	14,231	14,708
Leasehold Improvements	-	2,347	2,253	2,151	2,057	1,999

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