Maynilad Water Services 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	21,856	26,793	10,520	4,903	10,439	7,966
Short-Term Investments	286.48	272.62	231.7	237.99	223.79	223.68
Accounts Receivable	3,768	3,910	3,570	3,165	3,328	4,170
Other Receivables	870.9	758.01	538.89	457.94	503.81	341.94
Prepaid Expenses	606.28	504.52	400.95	198.44	71.68	239.06
Restricted Cash	-	-	-	-	296	396.52
Other Current Assets	1,566	1,458	1,498	1,426	1,228	692.78
Total Current Assets	28,955	33,696	16,760	10,388	16,090	14,030
Property, Plant & Equipment	2,470	2,531	1,963	1,890	1,574	1,772
Other Intangible Assets	207,243	200,373	168,339	140,919	121,188	107,472
Long-Term Investments	210.58	210.58	124.86	124.86	124.86	124.86
Other Long-Term Assets	9,353	10,549	10,984	10,381	4,401	4,239
Total Assets	248,881	247,360	198,171	163,704	143,378	127,636
Accounts Payable	5,983	6,454	6,550	4,892	4,629	4,806
Accrued Expenses	12,149	12,659	10,443	9,473	10,764	8,664
Current Portion of Long-Term Debt	2,735	2,643	4,186	2,588	3,806	2,357
Current Unearned Revenue	70.98	68.42	58	47.96	6,604	5,441
Current Portion of Leases	173.34	200.16	72.4	-	-	-
Current Income Taxes Payable	950.8	911.04	787.94	530.75	631.44	-
Other Current Liabilities	12,841	11,127	8,061	7,029	1,060	766.72
Total Current Liabilities	34,903	34,063	30,158	24,561	27,495	22,034
Long-Term Debt	95,425	89,915	79,461	59,214	43,108	35,305
Pension & Post-Retirement Benefits	428.62	424.75	870.81	285.73	151.79	396.2
Long-Term Deferred Tax Liabilities	2,368	2,334	1,738	1,525	1,037	811.3
Other Long-Term Liabilities	10,436	10,857	10,587	9,948	8,649	9,082
Total Liabilities	143,560	137,593	122,816	95,533	80,441	67,628
Common Stock	7,618	7,618	5,684	4,547	4,547	4,547
Additional Paid-In Capital	35,556	35,556	10,030	10,042	10,033	10,033
Retained Earnings	65,891	70,338	61,518	54,391	48,980	46,105
Treasury Stock	-3,115	-3,115	-960.56	-391.92	-349.05	-217.25
Comprehensive Income & Other	-628.71	-628.71	-916.76	-417.65	-273.4	-459.56
Shareholders' Equity	105,321	109,767	75,355	68,170	62,937	60,008
Total Liabilities & Equity	248,881	247,360	198,171	163,704	143,378	127,636
Total Debt	98,333	92,758	83,720	61,802	46,914	37,662
Net Cash (Debt)	-76,190	-65,692	-72,969	-56,661	-36,252	-29,472
Net Cash Per Share	-11.98	-11.11	-16.26	-12.46	-8.02	-6.51
Filing Date Shares Outstanding	7,403	7,403	5,613	4,458	4,458	4,458
Total Common Shares Outstanding	7,403	7,403	5,613	4,458	4,458	4,458
Working Capital	-5,948	-366.64	-13,399	-14,172	-11,405	-8,004
Book Value Per Share	14.23	14.83	13.43	15.29	14.12	13.46
Tangible Book Value	-101,922	-90,606	-92,984	-72,749	-58,250	-47,463
Tangible Book Value Per Share	-13.77	-12.24	-16.57	-16.32	-13.07	-10.65
Land	45.2	45.2	44.62	44.62	51.6	51.6
Machinery	6,366	6,274	5,796	5,456	5,123	4,994

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