First Gen 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	532.74	978.21	676.8	974.57	816.19	724.66
Short-Term Investments	-	37.52	3.46	69.67	10.26	39.37
Trading Asset Securities	176.42	251	1.17	0.98	25.59	127.67
Accounts Receivable	154.97	133.68	505.16	467.82	489.09	379.03
Other Receivables	-	16.43	23.62	23.76	11.85	10.89
Inventory	231.97	241.05	299.39	248.78	194.13	206.94
Prepaid Expenses	-	35.41	34.75	41.63	25.22	22.07
Loans Receivable Current	-	0.98	0.78	0.82	0.78	0.87
Other Current Assets	70.68	23.95	40.55	44.54	20.34	26.68
Total Current Assets	1,167	1,718	1,586	1,873	1,593	1,538
Property, Plant & Equipment	2,649	2,876	3,507	3,035	2,637	2,720
Goodwill	-	812.25	834.61	871.51	867.15	946.94
Other Intangible Assets	1,093	318.13	330.94	16.8	19.69	25.64
Long-Term Investments	1,557	531.89	25.81	32.45	34.74	27.43
Long-Term Deferred Tax Assets	15.04	14.6	21.06	22.1	17.61	19.4
Long-Term Deferred Charges	-	-	0.91	2.67	-	2.04
Other Long-Term Assets	363.83	222.55	288.34	273.84	205.88	224.11
Total Assets	6,845	6,494	6,595	6,127	5,376	5,503
Accounts Payable	329.97	285.91	520.94	552.07	393.41	446.36
Accrued Expenses	-	26.19	63.3	51.46	20.22	24.47
Short-Term Debt	-	-	47	133.58	16	10
Current Portion of Long-Term Debt	233.15	239.63	261.18	319.88	346.15	423.16
Current Unearned Revenue	-	3.75	-	-	-	-
Current Portion of Leases	11.47	10.42	59.99	54.3	4.37	3.45
Current Income Taxes Payable	11.46	3.52	14.26	9.43	9.56	9.43
Other Current Liabilities	0.06	113.17	126.21	168.57	188.13	137.57
Total Current Liabilities	586.11	682.59	1,093	1,289	977.84	1,054
Long-Term Debt	1,472	1,751	1,660	1,136	1,245	1,297
Long-Term Leases	-	59.62	207.31	169.25	6.69	8.15
Pension & Post-Retirement Benefits	49.38	49.01	55.57	63.09	43.13	48.92
Long-Term Deferred Tax Liabilities	4.91	4.28	19.32	18.83	22.79	15.26
Other Long-Term Liabilities	893.59	90.82	111.02	148.75	120.84	106.42
Total Liabilities	3,006	2,637	3,146	2,826	2,416	2,530
Preferred Stock, Redeemable	68.95	90.49	85.67	85.67	85.67	85.67
Total Preferred Equity	-495.57	-578.45	-535.07	-535.07	-535.02	-433.67
Common Stock	60.36	75.12	75.12	75.12	75.12	75.12
Additional Paid-In Capital	1,079	1,368	1,324	1,324	1,324	1,324
Retained Earnings	2,500	2,865	2,544	2,348	2,100	1,891
Treasury Stock	-22.29	-26.17	-26.17	-26.17	-26.17	-26.17
Comprehensive Income & Other	46.01	-439.96	-619.17	-509.75	-524.33	-393.19
Total Common Equity	3,663	3,842	3,298	3,211	2,949	2,872
Minority Interest	671.07	593.34	686.25	624.95	545.64	535.19
Shareholders' Equity	3,839	3,857	3,449	3,301	2,960	2,973
Total Liabilities & Equity	6,845	6,494	6,595	6,127	5,376	5,503
Total Debt	1,717	2,060	2,235	1,813	1,618	1,742
Net Cash (Debt)	-1,007	-793.57	-1,554	-768.13	-766.12	-850.06
Net Cash Per Share	-0.28	-0.22	-0.43	-0.21	-0.21	-0.24
Filing Date Shares Outstanding	3,596	3,597	3,597	3,597	3,597	3,597
Total Common Shares Outstanding	3,596	3,597	3,597	3,597	3,597	3,597
Working Capital	580.67	1,036	492.82	583.28	615.62	483.73
Book Value Per Share	1.02	1.07	0.92	0.89	0.82	0.80
Tangible Book Value	2,570	2,711	2,132	2,323	2,062	1,899
Tangible Book Value Per Share	0.71	0.75	0.59	0.65	0.57	0.53
Land	-	20.03	63.75	64.35	62.53	64.27
Machinery	-	3,682	2,857	2,571	2,729	2,793
Construction In Progress	-	295.97	803.45	744.91	485.67	418.27

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