IPM 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	72.66	25.39	65.43	25.53	7.09
Cash & Short-Term Investments	72.66	25.39	65.43	25.53	7.09
Cash Growth	186.16%	-61.19%	156.30%	260.12%	-80.73%
Accounts Receivable	442.91	614.53	897.13	922.74	948.52
Other Receivables	14.39	13.69	29.62	1.77	1.84
Receivables	445.19	643.11	957.75	924.51	950.36
Inventory	1.11	3.57	1.76	0.25	-
Prepaid Expenses	42.96	49.62	35.33	17.45	4.03
Other Current Assets	38.98	37.34	22.12	23.95	10.68
Total Current Assets	600.9	759.03	1,082	991.69	972.16
Property, Plant & Equipment	281.1	218.57	180.43	211.4	222.31
Long-Term Investments	121.32	180.32	210.99	185.39	165.27
Other Intangible Assets	2.48	4.34	6.2	4.99	6.24
Long-Term Deferred Tax Assets	26.81	24.69	12.3	13.62	11.33
Other Long-Term Assets	523.14	418.45	98.66	130.62	125.82
Total Assets	1,556	1,605	1,591	1,569	1,534
Accounts Payable	3.4	6.82	7.17	1.05	10.33
Accrued Expenses	73.28	54.35	33.17	25.25	27.72
Short-Term Debt	55	25	-	85	88
Current Portion of Leases	0.54	1.02	0.89	-	-
Current Income Taxes Payable	-	1.97	2.03	2.22	-
Other Current Liabilities	46.84	69.79	104.04	107.01	103.1
Total Current Liabilities	179.06	158.94	147.3	220.53	229.15
Long-Term Leases	-	0.54	1.55	-	-
Pension & Post-Retirement Benefits	4.53	3.76	3.22	2.66	3.46
Other Long-Term Liabilities	116.81	109.06	50.06	31.28	29.08
Total Liabilities	300.4	272.29	202.13	254.47	261.69
Common Stock	690	690	690	690	690
Retained Earnings	469.81	529.14	571.97	512.16	481.88
Comprehensive Income & Other	-300.12	-300.05	-300.08	-298.7	-298.89
Total Common Equity	859.68	919.09	961.89	903.46	872.99
Minority Interest	395.65	414.02	426.96	410.79	399.46
Shareholders' Equity	1,255	1,333	1,389	1,314	1,272
Total Liabilities & Equity	1,556	1,605	1,591	1,569	1,534
Total Debt	55.54	26.56	2.44	85	88
Net Cash (Debt)	17.12	-1.17	62.99	-59.47	-80.91
Net Cash Per Share	0.02	-0.00	0.09	-0.09	-0.12
Filing Date Shares Outstanding	690	690	690	690	690
Total Common Shares Outstanding	690	690	690	690	690
Working Capital	421.83	600.09	935.09	771.16	743.01
Book Value Per Share	1.25	1.33	1.39	1.31	1.27
Tangible Book Value	857.21	914.75	955.69	898.47	866.75
Tangible Book Value Per Share	1.24	1.33	1.39	1.30	1.26
Land	132.91	132.91	132.91	132.91	133.41
Buildings	1.59	1.59	1.59	30.83	30.83
Machinery	147.18	144.32	138.29	132.62	132.56
Construction In Progress	3.47	2.84	14	9.84	3.38
Leasehold Improvements	11.13	10.88	4.42	0.79	0.79

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