IPM Holdings Balance Sheet

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	96.41	72.66	25.39	65.43	25.53	7.09
Cash & Short-Term Investments	96.41	72.66	25.39	65.43	25.53	7.09
Cash Growth	172.45%	186.16%	-61.19%	156.30%	260.12%	-80.73%
Accounts Receivable	416.48	442.91	614.53	897.13	922.74	948.52
Other Receivables	13.18	14.39	13.69	29.62	1.77	1.84
Receivables	417.55	445.19	643.11	957.75	924.51	950.36
Inventory	0.18	1.11	3.57	1.76	0.25	-
Prepaid Expenses	41.08	42.96	49.62	35.33	17.45	4.03
Other Current Assets	37.2	38.98	37.34	22.12	23.95	10.68
Total Current Assets	592.43	600.9	759.03	1,082	991.69	972.16
Property, Plant & Equipment	270.5	281.1	218.57	180.43	211.4	222.31
Long-Term Investments	121.32	121.32	180.32	210.99	185.39	165.27
Other Intangible Assets	2.01	2.48	4.34	6.2	4.99	6.24
Long-Term Deferred Tax Assets	26.81	26.81	24.69	12.3	13.62	11.33
Other Long-Term Assets	522.6	523.14	418.45	98.66	130.62	125.82
Total Assets	1,536	1,556	1,605	1,591	1,569	1,534
Accounts Payable	2.91	3.4	6.82	7.17	1.05	10.33
Accrued Expenses	70.09	73.28	54.35	33.17	25.25	27.72
Short-Term Debt	55	55	25	-	85	88
Current Portion of Leases	0.54	0.54	1.02	0.89	-	-
Current Income Taxes Payable	-	-	1.97	2.03	2.22	-
Other Current Liabilities	39.83	46.84	69.79	104.04	107.01	103.1
Total Current Liabilities	168.37	179.06	158.94	147.3	220.53	229.15
Long-Term Leases	-	-	0.54	1.55	-	-
Pension & Post-Retirement Benefits	4.53	4.53	3.76	3.22	2.66	3.46
Other Long-Term Liabilities	116.81	116.81	109.06	50.06	31.28	29.08
Total Liabilities	289.72	300.4	272.29	202.13	254.47	261.69
Common Stock	690	690	690	690	690	690
Retained Earnings	462.57	469.81	529.14	571.97	512.16	481.88
Comprehensive Income & Other	-300.12	-300.12	-300.05	-300.08	-298.7	-298.89
Total Common Equity	852.45	859.68	919.09	961.89	903.46	872.99
Minority Interest	393.5	395.65	414.02	426.96	410.79	399.46
Shareholders' Equity	1,246	1,255	1,333	1,389	1,314	1,272
Total Liabilities & Equity	1,536	1,556	1,605	1,591	1,569	1,534
Total Debt	55.54	55.54	26.56	2.44	85	88
Net Cash (Debt)	40.87	17.12	-1.17	62.99	-59.47	-80.91
Net Cash Per Share	0.06	0.02	-0.00	0.09	-0.09	-0.12
Filing Date Shares Outstanding	690	690	690	690	690	690
Total Common Shares Outstanding	690	690	690	690	690	690
Working Capital	424.05	421.83	600.09	935.09	771.16	743.01
Book Value Per Share	1.24	1.25	1.33	1.39	1.31	1.27
Tangible Book Value	850.44	857.21	914.75	955.69	898.47	866.75
Tangible Book Value Per Share	1.23	1.24	1.33	1.39	1.30	1.26
Land	132.91	132.91	132.91	132.91	132.91	133.41
Buildings	1.59	1.59	1.59	1.59	30.83	30.83
Machinery	147.97	147.18	144.32	138.29	132.62	132.56
Construction In Progress	3.47	3.47	2.84	14	9.84	3.38
Leasehold Improvements	11.13	11.13	10.88	4.42	0.79	0.79

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