IPM Holdings 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	62.42	25.39	65.43	25.53	7.09	36.79
Cash & Short-Term Investments	62.42	25.39	65.43	25.53	7.09	36.79
Cash Growth	-4.13%	-61.19%	156.30%	260.12%	-80.73%	238.40%
Accounts Receivable	506.96	614.53	897.13	922.74	948.52	995.96
Other Receivables	1.95	14.93	29.62	1.77	1.84	1.11
Receivables	508.91	644.34	957.75	924.51	950.36	1,014
Inventory	-	3.57	1.76	0.25	-	-
Prepaid Expenses	-	49.62	35.33	17.45	4.03	2.93
Other Current Assets	84.78	36.11	22.12	23.95	10.68	5.14
Total Current Assets	656.11	759.03	1,082	991.69	972.16	1,059
Property, Plant & Equipment	251.5	218.57	180.43	211.4	222.31	179.05
Long-Term Investments	178.33	178.33	210.99	185.39	165.27	124.19
Other Intangible Assets	2.94	4.34	6.2	4.99	6.24	1.57
Long-Term Deferred Tax Assets	24.69	24.69	12.3	13.62	11.33	13.1
Other Long-Term Assets	525.79	420.44	98.66	130.62	125.82	114.73
Total Assets	1,639	1,605	1,591	1,569	1,534	1,506
Accounts Payable	6.05	6.82	7.17	1.05	10.33	10.26
Accrued Expenses	68.91	54.35	33.17	25.25	27.72	44.83
Short-Term Debt	49.5	25	-	85	88	90
Current Portion of Leases	1.02	1.02	0.89	-	-	-
Current Income Taxes Payable	2.07	1.97	2.03	2.22	-	5.73
Other Current Liabilities	60.7	69.79	104.04	107.01	103.1	107.56
Total Current Liabilities	188.26	158.94	147.3	220.53	229.15	258.39
Long-Term Leases	0.54	0.54	1.55	-	-	-
Pension & Post-Retirement Benefits	3.76	3.76	3.22	2.66	3.46	2.45
Other Long-Term Liabilities	109.06	109.06	50.06	31.28	29.08	31.96
Total Liabilities	301.61	272.29	202.13	254.47	261.69	292.8
Common Stock	690	690	690	690	690	690
Retained Earnings	532.01	529.14	571.97	512.16	481.88	437.77
Comprehensive Income & Other	-300.05	-300.05	-300.08	-298.7	-298.89	-298.65
Total Common Equity	921.96	919.09	961.89	903.46	872.99	829.11
Minority Interest	415.79	414.02	426.96	410.79	399.46	383.65
Shareholders' Equity	1,338	1,333	1,389	1,314	1,272	1,213
Total Liabilities & Equity	1,639	1,605	1,591	1,569	1,534	1,506
Total Debt	51.06	26.56	2.44	85	88	90
Net Cash (Debt)	11.36	-1.17	62.99	-59.47	-80.91	-53.21
Net Cash Per Share	0.01	-0.00	0.09	-0.09	-0.12	-0.08
Filing Date Shares Outstanding	690	690	690	690	690	690
Total Common Shares Outstanding	690	690	690	690	690	690
Working Capital	467.85	600.09	935.09	771.16	743.01	800.93
Book Value Per Share	1.34	1.33	1.39	1.31	1.27	1.20
Tangible Book Value	919.01	914.75	955.69	898.47	866.75	827.55
Tangible Book Value Per Share	1.33	1.33	1.39	1.30	1.26	1.20
Land	132.91	132.91	132.91	132.91	133.41	114.36
Buildings	1.59	1.59	1.59	30.83	30.83	30.83
Machinery	145.64	144.32	138.29	132.62	132.56	128.33
Construction In Progress	2.84	2.84	14	9.84	3.38	31.89
Leasehold Improvements	11.13	10.88	4.42	0.79	0.79	0.79

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.