Lopez 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	56,343	73,909	53,380	65,919	57,128	48,084
Short-Term Investments	486	2,884	200	3,857	572	2,010
Trading Asset Securities	-	14,795	173	243	1,575	6,613
Accounts Receivable	25,761	21,376	42,227	38,386	46,292	39,455
Other Receivables	-	828	1,628	2,311	1,099	1,284
Inventory	47,835	47,554	51,755	42,768	34,744	31,311
Prepaid Expenses	28,463	3,636	2,785	2,944	2,056	1,023
Restricted Cash	-	1,170	52	147	250	9
Other Current Assets	-	9,546	10,405	11,176	8,893	8,342
Total Current Assets	158,888	175,698	162,605	167,751	152,609	138,131
Property, Plant & Equipment	169,493	176,513	207,562	174,859	152,362	144,715
Goodwill	-	47,957	48,483	48,460	48,374	48,318
Other Intangible Assets	66,510	18,711	19,137	924	1,095	1,309
Long-Term Investments	128,337	64,471	30,803	29,150	30,296	27,729
Long-Term Deferred Tax Assets	1,901	1,927	2,107	2,121	1,620	1,823
Long-Term Deferred Charges	-	-	53	150	-	104
Long-Term Accounts Receivable	14,097	13,347	9,379	6,111	3,745	2,243
Other Long-Term Assets	92,567	82,919	47,520	43,521	38,325	37,128
Total Assets	631,793	581,543	527,649	473,047	428,426	401,500
Accounts Payable	50,419	25,328	32,078	30,097	25,457	25,944
Accrued Expenses	-	13,252	18,195	19,961	16,300	12,038
Short-Term Debt	1,651	1,250	3,889	8,666	1,762	1,310
Current Portion of Long-Term Debt	26,726	25,214	22,795	22,701	24,031	25,969
Current Unearned Revenue	-	2,238	4,829	2,868	1,082	1,209
Current Portion of Leases	-	376	3,048	3,111	352	283
Current Income Taxes Payable	1,192	459	1,162	1,013	646	574
Other Current Liabilities	-	11,883	8,588	7,840	8,120	7,096
Total Current Liabilities	79,988	80,000	94,584	96,257	77,750	74,423
Long-Term Debt	144,311	150,192	134,318	100,765	104,664	100,716
Long-Term Leases	-	2,779	8,780	10,135	1,086	1,218
Long-Term Unearned Revenue	-	3,060	1,287	315	1,006	474
Pension & Post-Retirement Benefits	4,973	4,921	5,078	5,013	4,944	5,536
Long-Term Deferred Tax Liabilities	12,288	11,867	2,884	3,367	3,852	3,663
Other Long-Term Liabilities	64,898	13,459	9,337	11,707	10,944	8,238
Total Liabilities	306,458	266,278	256,268	227,559	204,246	194,268
Common Stock	4,630	4,630	4,630	4,630	4,630	4,630
Additional Paid-In Capital	248	248	248	248	248	248
Retained Earnings	93,675	90,965	79,286	73,621	72,564	66,946
Treasury Stock	-3,176	-3,176	-3,176	-3,110	-3,110	-3,110
Comprehensive Income & Other	26,984	25,289	11,183	7,874	4,444	-3,643
Total Common Equity	122,361	117,956	92,171	83,263	78,776	65,071
Minority Interest	202,974	197,309	179,210	162,225	145,404	142,161
Shareholders' Equity	325,335	315,265	271,381	245,488	224,180	207,232
Total Liabilities & Equity	631,793	581,543	527,649	473,047	428,426	401,500
Total Debt	172,688	179,811	172,830	145,378	131,895	129,496
Net Cash (Debt)	-115,859	-88,223	-119,077	-75,359	-72,620	-72,789
Net Cash Per Share	-30.43	-23.17	-31.14	-19.68	-18.96	-18.16
Filing Date Shares Outstanding	3,807	3,807	3,807	3,830	4,542	4,542
Total Common Shares Outstanding	3,807	3,807	3,807	3,830	4,542	4,542
Working Capital	78,900	95,698	68,021	71,494	74,859	63,708
Book Value Per Share	32.14	30.98	24.21	21.74	17.34	14.33
Tangible Book Value	55,851	51,288	24,551	33,879	29,307	15,444
Tangible Book Value Per Share	14.67	13.47	6.45	8.85	6.45	3.40
Land	-	3,872	5,087	4,881	4,222	4,237
Machinery	-	121,513	97,249	81,545	96,213	92,446
Construction In Progress	-	18,906	48,500	43,123	28,582	22,149