Ginebra San Miguel 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	15,002	11,331	9,881	5,457	2,379
Cash & Short-Term Investments	15,002	11,331	9,881	5,457	2,379
Cash Growth	32.40%	14.67%	81.06%	129.38%	-15.62%
Accounts Receivable	2,237	1,038	676.13	962.1	781.13
Other Receivables	-	904.29	946.71	314.07	257.14
Receivables	2,237	1,942	1,623	1,276	1,038
Inventory	7,510	7,607	8,083	7,003	8,730
Prepaid Expenses	1,208	832.16	747.1	819.25	1,090
Other Current Assets	-	17.13	25.25	9.34	31.71
Total Current Assets	25,958	21,729	20,359	14,566	13,269
Property, Plant & Equipment	6,201	6,458	5,143	4,829	4,412
Long-Term Investments	1,500	1,500	1,500	1,500	-
Goodwill	126.86	126.86	126.86	126.86	126.86
Other Intangible Assets	-	30.72	27.79	28.42	37.2
Long-Term Deferred Tax Assets	644.1	625.09	562.78	524.96	499.57
Other Long-Term Assets	912.94	62.67	48.06	37.8	51.57
Total Assets	35,343	30,533	27,768	21,612	18,397
Accounts Payable	5,953	5,456	5,582	5,378	5,019
Short-Term Debt	-	-	1,000	-	-
Current Portion of Long-Term Debt	-	-	-	165.43	165.42
Current Portion of Leases	26.51	32.11	25.8	32.97	56.86
Current Income Taxes Payable	2,318	1,808	1,736	719.85	590.14
Other Current Liabilities	-	210	112.44	162.02	124.7
Total Current Liabilities	8,297	7,507	8,456	6,459	5,956
Long-Term Debt	-	-	-	-	165.43
Long-Term Leases	21.61	39.63	30.6	75.78	134.25
Pension & Post-Retirement Benefits	1,012	1,046	880.89	635.75	621.92
Total Liabilities	9,331	8,592	9,367	7,170	6,878
Common Stock	399.06	345.63	345.63	345.63	345.63
Additional Paid-In Capital	2,539	2,539	2,539	2,539	2,539
Retained Earnings	27,545	23,450	19,772	15,589	12,617
Treasury Stock	-3,670	-1,947	-1,947	-1,947	-1,947
Comprehensive Income & Other	-801.9	-777.64	-640.05	-415.73	-366.35
Total Common Equity	26,012	23,610	20,070	16,111	13,188
Shareholders' Equity	26,012	21,940	18,400	14,442	11,519
Total Liabilities & Equity	35,343	30,533	27,768	21,612	18,397
Total Debt	48.13	71.73	1,056	274.17	521.95
Net Cash (Debt)	14,954	11,259	8,825	5,183	1,857
Net Cash Growth	32.82%	27.59%	70.26%	179.08%	-13.44%
Net Cash Per Share	52.22	39.32	30.82	18.10	6.49
Filing Date Shares Outstanding	286.47	286.33	286.33	286.33	286.33
Total Common Shares Outstanding	286.47	286.33	286.33	286.33	286.33
Working Capital	17,661	14,223	11,903	8,107	7,313
Book Value Per Share	90.80	82.46	70.09	56.27	46.06
Tangible Book Value	25,885	23,452	19,915	15,956	13,024
Tangible Book Value Per Share	90.36	81.91	69.55	55.73	45.49
Land	-	1,268	1,259	1,241	1,133
Buildings	-	2,950	2,684	2,602	2,310
Machinery	-	10,827	10,509	9,826	9,345
Construction In Progress	-	1,738	426.42	305.4	336.17
Leasehold Improvements	-	143.5	136.5	85.58	63.68

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