D&L Industries 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	3,647	3,394	2,838	2,844	3,250	5,223
Trading Asset Securities	50.03	41.8	39.96	34.15	82.71	650.48
Cash & Short-Term Investments	3,697	3,436	2,878	2,878	3,333	5,874
Cash Growth	53.71%	19.39%	-0.01%	-13.64%	-43.26%	111.65%
Accounts Receivable	9,083	9,107	8,211	5,778	5,821	5,442
Other Receivables	-	5.76	1.33	2.11	0.31	1.87
Receivables	9,083	9,113	8,213	5,780	5,822	5,444
Inventory	15,842	12,462	11,372	9,056	8,745	7,326
Prepaid Expenses	8,408	0.02	0.02	0.04	0.03	0.97
Other Current Assets	-	7,784	5,933	4,868	4,137	3,142
Total Current Assets	37,030	32,795	28,396	22,583	22,036	21,786
Property, Plant & Equipment	13,509	13,781	13,660	13,153	12,437	8,814
Long-Term Investments	327.95	388.02	343.07	266.22	236.76	198
Goodwill	3,368	3,368	3,368	3,368	3,368	3,368
Other Intangible Assets	-	-	-	-	64.8	-
Long-Term Deferred Tax Assets	155.07	141.66	189.8	136.01	89.44	55.97
Other Long-Term Assets	2,335	2,538	2,413	3,119	2,528	2,104
Total Assets	56,724	53,012	48,369	42,625	40,760	36,326
Accounts Payable	6,403	2,746	3,691	2,869	3,156	2,571
Accrued Expenses	-	534.97	415.46	441.34	415.4	366.14
Short-Term Debt	19,140	21,350	17,850	10,900	10,520	8,850
Current Portion of Long-Term Debt	4,598	2,731	-	2,991	-	-
Current Portion of Leases	632.74	576.93	285.14	250.37	473.55	163.76
Current Income Taxes Payable	8.13	3.01	5.96	101.9	48.32	45.03
Other Current Liabilities	444.31	209.02	408.16	526.55	19.36	1.32
Total Current Liabilities	31,227	28,150	22,656	18,080	14,633	11,997
Long-Term Debt	1,215	1,215	3,240	3,245	4,958	4,940
Long-Term Leases	497.97	564.09	536.69	304.42	349.1	236.95
Pension & Post-Retirement Benefits	208.21	212.98	145.28	124.84	169.64	46.49
Long-Term Deferred Tax Liabilities	-	0.66	1.54	3.3	-	-
Total Liabilities	33,148	30,143	26,580	21,758	20,109	17,221
Common Stock	7,143	7,143	7,143	7,143	7,143	7,143
Additional Paid-In Capital	3,255	3,255	3,255	3,255	3,255	3,255
Retained Earnings	12,852	12,133	11,065	10,216	10,063	8,460
Comprehensive Income & Other	326.29	337.72	326.29	253.48	189.73	246.68
Total Common Equity	23,576	22,869	21,790	20,868	20,651	19,105
Shareholders' Equity	23,576	22,869	21,790	20,868	20,651	19,105
Total Liabilities & Equity	56,724	53,012	48,369	42,625	40,760	36,326
Total Debt	26,084	26,437	21,912	17,690	16,300	14,191
Net Cash (Debt)	-22,387	-23,001	-19,034	-14,812	-12,968	-8,317
Net Cash Per Share	-3.10	-3.22	-2.66	-2.07	-1.82	-1.16
Filing Date Shares Outstanding	7,167	7,143	7,143	7,143	7,143	7,143
Total Common Shares Outstanding	7,167	7,143	7,143	7,143	7,143	7,143
Working Capital	5,803	4,645	5,740	4,502	7,404	9,789
Book Value Per Share	3.29	3.20	3.05	2.92	2.89	2.67
Tangible Book Value	20,208	19,501	18,422	17,500	17,219	15,737
Tangible Book Value Per Share	2.82	2.73	2.58	2.45	2.41	2.20
Buildings	-	6,074	5,597	3,134	1,051	1,035
Machinery	-	12,608	12,172	9,282	6,045	5,823
Construction In Progress	-	1,184	1,329	5,624	9,592	6,329

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