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	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
Cash & Equivalents	13,656	8,329	2,403	1,473	-
Accounts Receivable	792.72	1,003	477.4	355.17	-
Other Receivables	37.91	132.44	3.82	2.17	-
Inventory	7.13	7.13	-	-	-
Prepaid Expenses	134.74	126.71	118.38	71.69	-
Other Current Assets	1,807	2,081	4,727	6,671	-
Total Current Assets	16,436	11,680	7,730	8,574	-
Property, Plant & Equipment	47,566	25,727	9,778	3,332	-
Goodwill	1,279	1,279	1,279	1,279	-
Other Intangible Assets	18.87	5.57	6.83	3.1	-
Long-Term Investments	367.3	367.3	424.82	206.69	-
Long-Term Deferred Tax Assets	4.32	1.07	3.11	0.23	-
Long-Term Accounts Receivable	105.46	144.34	207.75	240.93	-
Other Long-Term Assets	4,666	8,730	2,869	1,639	-
Total Assets	70,443	47,934	22,299	15,274	-
Accounts Payable	441.88	1,405	608.01	495.76	-
Accrued Expenses	845.65	645.88	379.91	235.98	-
Current Portion of Long-Term Debt	4,393	937.72	453.61	395.86	-
Current Unearned Revenue	2.4	2.4	2.4	2.4	-
Current Portion of Leases	9.27	8.81	9.5	4.88	-
Current Income Taxes Payable	-	-	-	0.84	-
Other Current Liabilities	1,241	885.77	127.26	104.51	-
Total Current Liabilities	6,933	3,886	1,581	1,240	-
Long-Term Debt	37,649	25,154	11,267	5,447	-
Long-Term Leases	725.79	615.2	594.7	235.59	-
Long-Term Unearned Revenue	12.63	14.43	16.83	19.23	-
Pension & Post-Retirement Benefits	26.46	26.89	40.62	18.98	-
Long-Term Deferred Tax Liabilities	19.37	19.26	4.82	4.57	-
Other Long-Term Liabilities	169.33	198.62	175.19	85.56	-
Total Liabilities	45,535	29,915	13,680	7,051	-
Common Stock	781.25	625	500	500	-
Additional Paid-In Capital	11,568	5,128	925.2	925.2	-
Retained Earnings	2,975	2,290	1,671	996.53	-
Comprehensive Income & Other	8,869	8,871	4,398	4,410	-
Total Common Equity	24,194	16,913	7,495	6,832	-
Minority Interest	714.14	1,106	1,124	1,391	-
Shareholders' Equity	24,908	18,019	8,619	8,223	-
Total Liabilities & Equity	70,443	47,934	22,299	15,274	-
Total Debt	42,777	26,716	12,325	6,083	-
Net Cash (Debt)	-29,121	-18,387	-9,921	-4,610	-
Net Cash Per Share	-3.05	-2.25	-1.39	-0.65	-
Filing Date Shares Outstanding	11,161	8,929	8,929	7,143	7,143
Total Common Shares Outstanding	11,161	8,929	7,143	7,143	7,143
Working Capital	9,503	7,794	6,150	7,333	-
Book Value Per Share	2.17	1.89	1.05	0.96	-
Tangible Book Value	22,896	15,628	6,209	5,549	-
Tangible Book Value Per Share	2.05	1.75	0.87	0.78	-
Land	7,014	6,153	4,418	54.29	-
Machinery	4,341	4,334	4,311	4,306	-
Construction In Progress	37,178	16,198	1,850	2	-

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