First Philippine Holdings Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	73,135	52,728	65,250	56,138	47,476
Short-Term Investments	2,884	200	3,857	572	2,010
Trading Asset Securities	14,765	81	54	1,426	6,511
Accounts Receivable	21,376	42,227	38,386	46,292	39,455
Other Receivables	550	1,494	2,116	949	1,144
Inventory	47,554	51,755	42,768	34,744	31,311
Prepaid Expenses	3,636	2,785	2,944	2,056	1,023
Restricted Cash	1,170	52	147	250	9
Other Current Assets	9,757	12,063	11,303	9,006	8,448
Total Current Assets	174,827	163,385	166,825	151,433	137,387
Property, Plant & Equipment	176,503	207,545	174,836	152,358	144,701
Goodwill	47,957	48,483	48,460	48,373	48,318
Other Intangible Assets	18,711	19,137	924	1,096	1,309
Long-Term Investments	65,635	31,322	29,630	24,534	21,241
Long-Term Deferred Tax Assets	1,927	2,107	2,121	1,620	1,823
Long-Term Deferred Charges	-	53	150	-	104
Long-Term Accounts Receivable	13,347	9,379	6,111	3,745	2,243
Other Long-Term Assets	82,519	45,527	43,118	38,300	37,027
Total Assets	581,426	526,938	472,175	421,459	394,153
Accounts Payable	25,292	32,072	30,090	25,457	25,944
Accrued Expenses	8,995	14,701	16,741	13,461	11,943
Short-Term Debt	1,250	3,889	8,666	1,762	1,310
Current Portion of Long-Term Debt	25,194	22,795	22,659	24,031	25,969
Current Unearned Revenue	2,108	4,841	2,880	1,190	1,220
Current Portion of Leases	371	3,043	3,118	352	280
Current Income Taxes Payable	459	1,162	1,013	646	574
Other Current Liabilities	16,204	11,929	10,928	10,687	7,005
Total Current Liabilities	79,873	94,432	96,095	77,586	74,245
Long-Term Debt	150,144	134,318	100,765	104,664	100,757
Long-Term Leases	2,774	8,769	10,107	1,086	1,177
Long-Term Unearned Revenue	3,060	1,287	315	1,006	474
Pension & Post-Retirement Benefits	4,921	5,109	5,041	4,944	5,420
Long-Term Deferred Tax Liabilities	11,768	2,750	3,272	3,759	3,575
Other Long-Term Liabilities	13,503	9,301	11,686	10,944	8,296
Total Liabilities	266,043	255,966	227,281	203,989	193,944
Common Stock	6,096	6,096	6,096	6,096	6,096
Additional Paid-In Capital	4,076	4,076	4,076	4,076	4,076
Retained Earnings	182,489	163,532	150,821	139,219	127,497
Treasury Stock	-13,384	-10,028	-9,974	-9,429	-8,537
Comprehensive Income & Other	16,070	2,027	-2,250	-7,206	-12,571
Total Common Equity	195,347	165,703	148,769	132,756	116,561
Minority Interest	120,036	105,269	96,125	84,714	83,648
Shareholders' Equity	315,383	270,972	244,894	217,470	200,209
Total Liabilities & Equity	581,426	526,938	472,175	421,459	394,153
Total Debt	179,733	172,814	145,315	131,895	129,493
Net Cash (Debt)	-88,949	-119,805	-76,154	-73,759	-73,496
Net Cash Per Share	-200.48	-258.55	-162.83	-152.44	-146.84
Filing Date Shares Outstanding	424.5	462.71	463.59	472.62	487.32
Total Common Shares Outstanding	424.5	462.71	463.59	472.62	487.32
Working Capital	94,954	68,953	70,730	73,847	63,142
Book Value Per Share	460.18	358.11	320.91	280.89	239.19
Tangible Book Value	128,679	98,083	99,385	83,287	66,934
Tangible Book Value Per Share	303.13	211.97	214.38	176.22	137.35
Land	3,872	5,087	4,881	4,222	4,237
Machinery	215,992	163,852	141,361	151,939	144,196
Construction In Progress	18,906	48,500	43,123	28,582	22,149

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