Manila Water Company 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	5,853	6,924	7,437	10,753	8,812	13,338
Short-Term Investments	-	-	-	-	128.42	268.52
Accounts Receivable	5,804	5,071	3,663	3,351	3,472	3,617
Other Receivables	-	679.32	174.21	103.32	245.72	-91.5
Inventory	478.72	475.52	448.63	380.62	450.66	450.69
Other Current Assets	3,324	2,808	2,072	1,535	2,002	2,068
Total Current Assets	15,459	15,958	13,794	16,123	15,111	19,650
Property, Plant & Equipment	9,870	9,277	9,684	9,314	7,563	6,633
Goodwill	25,933	25,933	146.38	6.25	6.25	6.25
Other Intangible Assets	226,435	226,880	184,782	162,533	145,285	116,623
Long-Term Investments	7,293	6,944	7,186	11,192	15,435	14,536
Long-Term Loans Receivable	-	-	-	41.98	43.27	37.55
Long-Term Deferred Tax Assets	1,680	1,232	503.29	499.69	635.22	1,230
Long-Term Accounts Receivable	1,501	1,459	1,350	1,169	1,730	1,665
Other Long-Term Assets	13,338	12,242	10,498	8,809	8,996	5,136
Total Assets	301,510	299,926	227,944	209,687	194,804	165,517
Accounts Payable	22,874	12,849	11,303	10,061	10,522	8,922
Accrued Expenses	651.55	13,550	9,816	9,583	6,270	4,723
Short-Term Debt	1,893	1,893	250	135	252.87	-
Current Portion of Long-Term Debt	12,324	9,920	6,970	16,972	6,024	5,311
Current Unearned Revenue	322.5	292.66	502.68	389.57	347.15	522.31
Current Portion of Leases	129.65	131.51	96.51	117.03	120.86	115.02
Current Income Taxes Payable	1,234	1,138	717.44	339.12	415.03	131.74
Other Current Liabilities	-	26,324	201.23	28.04	132.8	210.57
Total Current Liabilities	39,429	66,099	29,856	37,624	24,085	19,936
Long-Term Debt	148,992	119,981	99,212	82,276	78,646	66,077
Long-Term Leases	245.34	274.83	305.1	215.35	315.49	246.7
Long-Term Unearned Revenue	1,604	1,585	1,189	921.42	590.11	151.55
Pension & Post-Retirement Benefits	552.83	473.7	500.17	388.22	288.21	146.93
Long-Term Deferred Tax Liabilities	5,412	4,906	3,138	1,052	338.02	263.64
Other Long-Term Liabilities	11,115	11,517	16,408	17,091	17,089	10,370
Total Liabilities	207,350	204,837	150,609	139,568	121,351	97,192
Common Stock	3,286	3,286	3,286	3,285	3,285	3,285
Additional Paid-In Capital	14,571	14,592	14,533	14,458	14,428	14,417
Retained Earnings	78,068	79,683	69,347	62,218	58,697	54,059
Treasury Stock	-5,555	-5,617	-5,702	-5,750	-43.31	-
Comprehensive Income & Other	-510.42	-736.53	-6,224	-5,304	-4,115	-4,811
Total Common Equity	89,859	91,208	75,240	68,907	72,252	66,950
Minority Interest	4,301	3,882	2,095	1,212	1,202	1,376
Shareholders' Equity	94,160	95,089	77,335	70,119	73,453	68,325
Total Liabilities & Equity	301,510	299,926	227,944	209,687	194,804	165,517
Total Debt	163,585	132,201	106,834	99,715	85,359	71,750
Net Cash (Debt)	-157,732	-125,277	-99,397	-88,962	-76,419	-58,144
Net Cash Per Share	-53.23	-42.35	-33.65	-30.15	-23.28	-17.70
Filing Date Shares Outstanding	2,963	2,960	2,953	2,951	3,282	3,285
Total Common Shares Outstanding	2,963	2,958	2,953	2,951	3,282	3,285
Working Capital	-23,970	-50,141	-16,062	-21,501	-8,974	-286.01
Book Value Per Share	30.32	30.84	25.47	23.35	22.01	20.38
Tangible Book Value	-162,509	-161,605	-109,689	-93,632	-73,039	-49,679
Tangible Book Value Per Share	-54.84	-54.64	-37.14	-31.73	-22.25	-15.12
Land	-	231.72	229.28	235.7	226.39	226.39
Machinery	-	13,758	11,476	10,985	9,427	8,151
Construction In Progress	-	134.98	2,306	2,249	1,440	1,384

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