Mabuhay Vinyl 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	1,185	1,195	680.07	596.6	642.75	1,037
Short-Term Investments	261.57	-	93.87	-	-	-
Cash & Short-Term Investments	1,447	1,195	773.94	596.6	642.75	1,037
Cash Growth	13.98%	54.45%	29.73%	-7.18%	-38.04%	-11.79%
Accounts Receivable	785.99	782.04	711.04	693.18	600.61	494.05
Other Receivables	25.17	15.44	14.75	6.27	7.95	4.13
Receivables	811.15	899.82	1,328	1,401	1,311	900.36
Inventory	282.03	495.82	325.53	449.38	315.29	238.31
Prepaid Expenses	-	47.94	44.28	32.5	26.9	19.71
Other Current Assets	204.14	3.35	5.42	7.79	19.45	-
Total Current Assets	2,744	2,642	2,477	2,488	2,315	2,196
Property, Plant & Equipment	1,329	1,327	1,546	1,178	1,055	925.71
Long-Term Investments	581.39	581.39	37.63	29.79	23.41	21.63
Other Intangible Assets	-	0.02	0.13	0.25	0.36	0.47
Long-Term Deferred Tax Assets	13.03	13.03	-	-	-	-
Other Long-Term Assets	29.89	21.7	269.04	254.17	54.92	25.58
Total Assets	4,698	4,588	4,334	3,956	3,452	3,171
Accounts Payable	339.24	230.39	149.63	186.47	52.35	46.99
Accrued Expenses	-	139.49	92.81	85.81	77.62	74.32
Current Portion of Leases	18.08	41.41	12.8	9.36	8.38	4.69
Current Income Taxes Payable	35.79	-	19.11	37.66	31.48	42.02
Current Unearned Revenue	-	3.16	3.16	3.16	7.4	4.68
Other Current Liabilities	26.91	61.53	80.55	65.55	56.45	57.32
Total Current Liabilities	420.03	475.99	358.06	388	233.68	230.02
Long-Term Leases	102.12	109.52	116.12	47.74	57.1	20.47
Pension & Post-Retirement Benefits	-	3.42	5.74	-	-	18.45
Long-Term Deferred Tax Liabilities	-	-	121.77	131.05	125.56	135.5
Other Long-Term Liabilities	1.79	1.79	1.79	1.79	1.79	1.79
Total Liabilities	523.94	590.72	603.48	568.59	418.13	406.24
Common Stock	661.31	661.31	661.31	661.31	661.31	661.31
Additional Paid-In Capital	176.59	176.59	176.59	176.59	176.59	176.59
Retained Earnings	3,346	3,170	2,479	2,136	1,803	1,594
Comprehensive Income & Other	-10.59	-10.59	405.04	404.19	384.56	322.75
Total Common Equity	4,174	3,998	3,722	3,379	3,026	2,754
Minority Interest	-	-	8.62	8.71	8.35	10.14
Shareholders' Equity	4,174	3,998	3,730	3,387	3,034	2,765
Total Liabilities & Equity	4,698	4,588	4,334	3,956	3,452	3,171
Total Debt	120.2	150.93	128.92	57.1	65.48	25.16
Net Cash (Debt)	1,327	1,044	645.02	539.5	577.27	1,012
Net Cash Growth	15.37%	61.92%	19.56%	-6.54%	-42.97%	-11.67%
Net Cash Per Share	2.02	1.58	0.98	0.82	0.87	1.53
Filing Date Shares Outstanding	661.31	661.31	661.31	661.31	661.31	661.31
Total Common Shares Outstanding	661.31	661.31	661.31	661.31	661.31	661.31
Working Capital	2,324	2,166	2,119	2,100	2,081	1,966
Book Value Per Share	6.31	6.05	5.63	5.11	4.58	4.17
Tangible Book Value	4,174	3,998	3,722	3,378	3,026	2,754
Tangible Book Value Per Share	6.31	6.05	5.63	5.11	4.58	4.16
Land	-	43.7	606.59	606.57	548.74	516.91
Buildings	-	411.79	334.57	334.57	326.49	322.15
Machinery	-	2,901	2,305	2,273	2,170	2,104
Construction In Progress	-	337.81	544.39	185.72	95.74	34.9
Leasehold Improvements	-	23.14	23.14	23.14	22.71	10.64

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