Lorenzo Shipping 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	43.95	78.31	102.8	99.13	62.53	131.88
Cash & Short-Term Investments	43.95	78.31	102.8	99.13	62.53	131.88
Cash Growth	-56.54%	-23.82%	3.70%	58.54%	-52.59%	-15.54%
Accounts Receivable	312.29	303.33	406.2	568.07	681.93	725.64
Other Receivables	55.22	64.15	92.87	83.28	71.25	55.56
Receivables	367.51	367.47	499.07	651.34	753.18	781.2
Inventory	19.83	19.83	49.22	61.47	78.45	63.35
Prepaid Expenses	11.87	9.64	12.03	12.39	10.48	7.22
Other Current Assets	221.23	187.26	136.7	191.15	124.51	31.17
Total Current Assets	664.4	662.51	799.81	1,015	1,029	1,015
Property, Plant & Equipment	822.49	879.59	1,168	1,417	1,287	1,290
Other Intangible Assets	1.05	1.27	2.16	3.06	3.96	-
Long-Term Deferred Tax Assets	-	-	6.72	7	-	-
Other Long-Term Assets	758.98	759.05	732.6	651.29	610.34	548.15
Total Assets	2,247	2,302	2,710	3,093	2,930	2,853
Accounts Payable	972.16	939.2	1,051	1,088	1,176	1,155
Accrued Expenses	162.61	144.68	169.64	223.28	151.27	248.09
Short-Term Debt	356.86	385.71	413.91	341.96	320.64	368.27
Current Portion of Long-Term Debt	17.08	22.79	122.91	91.94	101.58	93.59
Current Portion of Leases	47.75	69.15	51.45	65.25	33.83	44.69
Current Income Taxes Payable	4.38	4.42	5.56	8.2	8.97	13.74
Other Current Liabilities	185.88	191.78	255.93	265.98	313.12	40.98
Total Current Liabilities	1,747	1,758	2,071	2,085	2,106	1,964
Long-Term Debt	209.92	209.92	149.21	272.12	288.53	237.25
Long-Term Leases	85.71	85.71	182.54	164.3	53.8	59.33
Pension & Post-Retirement Benefits	69.98	70.85	106.65	105.61	76.55	85.88
Long-Term Deferred Tax Liabilities	3.61	3.61	-	-	24.21	19.55
Other Long-Term Liabilities	-	-	-	-	-	150.31
Total Liabilities	2,116	2,128	2,509	2,627	2,549	2,517
Common Stock	991.18	991.18	825.65	555.65	555.65	555.65
Additional Paid-In Capital	459.79	459.79	459.79	459.79	459.79	459.79
Retained Earnings	-1,832	-1,733	-1,132	-589.82	-685.61	-704.21
Treasury Stock	-3.13	-3.13	-3.13	-3.13	-3.13	-3.13
Comprehensive Income & Other	515.14	460.14	49.89	44.04	54.79	28.74
Shareholders' Equity	130.96	174.6	200.6	466.54	381.5	336.85
Total Liabilities & Equity	2,247	2,302	2,710	3,093	2,930	2,853
Total Debt	717.33	773.29	920.03	935.57	798.38	803.13
Net Cash (Debt)	-673.38	-694.97	-817.23	-836.44	-735.86	-671.25
Net Cash Per Share	-0.65	-0.70	-0.99	-1.51	-1.33	-1.21
Filing Date Shares Outstanding	990.17	990.17	824.64	554.64	554.64	554.64
Total Common Shares Outstanding	990.17	990.17	824.64	554.64	554.64	554.64
Working Capital	-1,082	-1,095	-1,271	-1,069	-1,077	-949.38
Book Value Per Share	0.13	0.18	0.24	0.84	0.69	0.61
Tangible Book Value	129.91	173.33	198.43	463.47	377.55	336.85
Tangible Book Value Per Share	0.13	0.18	0.24	0.84	0.68	0.61
Land	-	182.18	182.18	175.9	175.9	157.05
Buildings	-	19.01	19.01	18.74	15.26	14.45
Machinery	-	2,452	3,083	3,510	3,367	3,266
Construction In Progress	-	0.27	8.48	-	14.55	-
Leasehold Improvements	-	66.07	65.17	65.17	65.02	64.67