Citicore Renewable Energy 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5,272	8,329	2,403	1,473	-
Accounts Receivable	700.62	1,003	477.4	355.17	-
Other Receivables	47.02	132.44	3.82	2.17	-
Inventory	7.13	7.13	-	-	-
Prepaid Expenses	148.02	126.71	118.38	71.69	-
Other Current Assets	2,223	2,081	4,727	6,671	-
Total Current Assets	8,398	11,680	7,730	8,574	-
Property, Plant & Equipment	30,520	25,727	9,778	3,332	-
Goodwill	1,279	1,279	1,279	1,279	-
Other Intangible Assets	5.57	5.57	6.83	3.1	-
Long-Term Investments	367.3	367.3	424.82	206.69	-
Long-Term Deferred Tax Assets	16.58	1.07	3.11	0.23	-
Long-Term Accounts Receivable	136.97	144.34	207.75	240.93	-
Other Long-Term Assets	6,885	8,730	2,869	1,639	-
Total Assets	47,609	47,934	22,299	15,274	-
Accounts Payable	756.01	1,405	608.01	495.76	-
Accrued Expenses	510.5	645.88	379.91	235.98	-
Current Portion of Long-Term Debt	940.43	937.72	453.61	395.86	-
Current Unearned Revenue	3.4	2.4	2.4	2.4	-
Current Portion of Leases	9.15	8.81	9.5	4.88	-
Current Income Taxes Payable	-	-	-	0.84	-
Other Current Liabilities	930.43	885.77	127.26	104.51	-
Total Current Liabilities	3,150	3,886	1,581	1,240	-
Long-Term Debt	25,479	25,154	11,267	5,447	-
Long-Term Leases	709.32	615.2	594.7	235.59	-
Long-Term Unearned Revenue	13.83	14.43	16.83	19.23	-
Pension & Post-Retirement Benefits	26.46	26.89	40.62	18.98	-
Long-Term Deferred Tax Liabilities	19.46	19.26	4.82	4.57	-
Other Long-Term Liabilities	202.31	198.62	175.19	85.56	-
Total Liabilities	29,600	29,915	13,680	7,051	-
Common Stock	625	625	500	500	-
Additional Paid-In Capital	5,128	5,128	925.2	925.2	-
Retained Earnings	2,428	2,290	1,671	996.53	-
Comprehensive Income & Other	8,871	8,871	4,398	4,410	-
Total Common Equity	17,052	16,913	7,495	6,832	-
Minority Interest	956.89	1,106	1,124	1,391	-
Shareholders' Equity	18,009	18,019	8,619	8,223	-
Total Liabilities & Equity	47,609	47,934	22,299	15,274	-
Total Debt	27,138	26,716	12,325	6,083	-
Net Cash (Debt)	-21,866	-18,387	-9,921	-4,610	-
Net Cash Per Share	-2.57	-2.25	-1.39	-0.65	-
Filing Date Shares Outstanding	8,929	8,929	8,929	7,143	7,143
Total Common Shares Outstanding	8,929	8,929	7,143	7,143	7,143
Working Capital	5,248	7,794	6,150	7,333	-
Book Value Per Share	1.91	1.89	1.05	0.96	-
Tangible Book Value	15,767	15,628	6,209	5,549	-
Tangible Book Value Per Share	1.77	1.75	0.87	0.78	-
Land	6,375	6,153	4,418	54.29	-
Machinery	5,190	4,334	4,311	4,306	-
Construction In Progress	19,863	16,198	1,850	2	-

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