Ginebra San Miguel 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	15,250	11,331	9,881	5,457	2,379	2,820
Cash & Short-Term Investments	15,250	11,331	9,881	5,457	2,379	2,820
Cash Growth	8.06%	14.67%	81.06%	129.38%	-15.62%	696.19%
Accounts Receivable	1,776	1,038	676.13	962.1	781.13	646.88
Other Receivables	74.39	904.29	946.71	314.07	257.14	306.82
Receivables	1,850	1,942	1,623	1,276	1,038	953.7
Inventory	7,696	7,607	8,083	7,003	8,730	5,947
Prepaid Expenses	1,640	832.16	747.1	819.25	1,090	1,070
Other Current Assets	4.14	17.13	25.25	9.34	31.71	83.84
Total Current Assets	26,440	21,729	20,359	14,566	13,269	10,874
Property, Plant & Equipment	6,555	6,458	5,143	4,829	4,412	4,378
Long-Term Investments	1,500	1,500	1,500	1,500	-	4.45
Goodwill	126.86	126.86	126.86	126.86	126.86	126.86
Other Intangible Assets	-	30.72	27.79	28.42	37.2	9.74
Long-Term Accounts Receivable	0.28	-	-	-	-	-
Long-Term Deferred Tax Assets	609.66	625.09	562.78	524.96	499.57	582.81
Other Long-Term Assets	93.16	62.67	48.06	37.8	51.57	77.87
Total Assets	35,325	30,533	27,768	21,612	18,397	16,054
Accounts Payable	-	5,456	5,582	5,378	5,019	5,018
Accrued Expenses	7,245	-	-	-	-	-
Short-Term Debt	-	-	1,000	-	-	-
Current Portion of Long-Term Debt	-	-	-	165.43	165.42	165.42
Current Portion of Leases	30.25	32.11	25.8	32.97	56.86	31.72
Current Income Taxes Payable	2,086	1,808	1,736	719.85	590.14	377.02
Other Current Liabilities	44.7	210	112.44	162.02	124.7	128.62
Total Current Liabilities	9,406	7,507	8,456	6,459	5,956	5,720
Long-Term Debt	-	-	-	-	165.43	330.85
Long-Term Leases	21.23	39.63	30.6	75.78	134.25	146.04
Pension & Post-Retirement Benefits	1,046	1,046	880.89	635.75	621.92	404.8
Total Liabilities	10,473	8,592	9,367	7,170	6,878	6,602
Common Stock	345.63	345.63	345.63	345.63	345.63	345.63
Additional Paid-In Capital	2,539	2,539	2,539	2,539	2,539	2,539
Retained Earnings	26,361	23,450	19,772	15,589	12,617	9,584
Treasury Stock	-1,947	-1,947	-1,947	-1,947	-1,947	-1,947
Comprehensive Income & Other	-777.64	-777.64	-640.05	-415.73	-366.35	-400.22
Total Common Equity	26,521	23,610	20,070	16,111	13,188	10,121
Shareholders' Equity	24,852	21,940	18,400	14,442	11,519	9,452
Total Liabilities & Equity	35,325	30,533	27,768	21,612	18,397	16,054
Total Debt	51.48	71.73	1,056	274.17	521.95	674.02
Net Cash (Debt)	15,198	11,259	8,825	5,183	1,857	2,146
Net Cash Growth	8.18%	27.59%	70.26%	179.08%	-13.44%	-
Net Cash Per Share	53.08	39.32	30.82	18.10	6.49	7.49
Filing Date Shares Outstanding	286.33	286.33	286.33	286.33	286.33	286.33
Total Common Shares Outstanding	286.33	286.33	286.33	286.33	286.33	286.33
Working Capital	17,034	14,223	11,903	8,107	7,313	5,154
Book Value Per Share	92.62	82.46	70.09	56.27	46.06	35.35
Tangible Book Value	26,394	23,452	19,915	15,956	13,024	9,985
Tangible Book Value Per Share	92.18	81.91	69.55	55.73	45.49	34.87
Land	1,392	1,268	1,259	1,241	1,133	990.28
Buildings	3,765	2,950	2,684	2,602	2,310	2,261
Machinery	11,198	10,827	10,509	9,826	9,345	9,114
Construction In Progress	1,052	1,738	426.42	305.4	336.17	168.75
Leasehold Improvements	158.26	143.5	136.5	85.58	63.68	108.41

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