Philippine Racing Club 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	221.47	177.19	150.48	370.16	287.01	378.79
Trading Asset Securities	264.41	304.42	352.32	337.82	303.54	211.04
Cash & Short-Term Investments	485.88	481.6	502.8	707.99	590.55	589.84
Cash Growth	20.78%	-4.22%	-28.98%	19.89%	0.12%	-17.97%
Accounts Receivable	255.4	348.12	339.04	372.5	501.17	651.81
Other Receivables	0.11	1.39	2.76	3.69	-	9.53
Receivables	255.51	349.51	341.8	376.19	501.17	661.34
Inventory	2,415	2,441	2,493	2,462	1,617	1,678
Prepaid Expenses	73.36	81.72	75.14	10.46	66.58	9.69
Other Current Assets	24.46	21.22	15.52	22.98	-	12.24
Total Current Assets	3,255	3,375	3,429	3,579	2,775	2,951
Property, Plant & Equipment	42.6	54.4	53.55	64.58	245.18	261.6
Long-Term Investments	1,137	1,305	1,473	1,404	1,286	875.14
Goodwill	0.12	0.12	0.12	0.12	-	0.12
Long-Term Accounts Receivable	0.93	0.93	117.8	-	278.07	294.13
Long-Term Deferred Charges	-	-	-	-	-	0.68
Other Long-Term Assets	3,365	2,878	2,609	2,399	2,354	2,195
Total Assets	7,800	7,614	7,682	7,447	6,938	6,578
Accounts Payable	246.44	284.92	192.21	306.74	484.38	138.61
Accrued Expenses	258.45	271.68	278.77	251.41	-	227.67
Current Portion of Long-Term Debt	299.65	330.79	244.93	407.33	400.66	245.51
Current Portion of Leases	-	0.94	0.41	1.56	-	1.32
Current Income Taxes Payable	16.73	-	0.08	0.03	0.03	14.88
Current Unearned Revenue	38.44	34.37	27.21	7.41	9.85	81.23
Other Current Liabilities	302.98	305.42	309.1	310.35	228.77	288.34
Total Current Liabilities	1,163	1,228	1,053	1,285	1,124	997.55
Long-Term Debt	431.82	405.85	453.56	469.89	221.55	581.26
Long-Term Leases	-	3.77	-	0.41	-	3.42
Long-Term Unearned Revenue	2.94	2.94	-	-	3.43	3.43
Pension & Post-Retirement Benefits	-	-	-	-	-	28.28
Long-Term Deferred Tax Liabilities	531.31	437.61	479.29	313.27	375.35	375.26
Other Long-Term Liabilities	30.68	26.91	13.93	13.96	33.42	30.65
Total Liabilities	2,159	2,105	1,999	2,082	1,757	2,020
Common Stock	585.69	585.69	585.69	585.69	585.69	585.61
Additional Paid-In Capital	39.95	39.95	39.95	39.95	39.95	39.95
Retained Earnings	5,004	4,706	4,708	4,458	4,378	4,145
Treasury Stock	-678.2	-678.2	-678.2	-678.2	-678.2	-678.2
Comprehensive Income & Other	700.3	867.57	1,038	970.26	865.01	475.93
Total Common Equity	5,652	5,521	5,694	5,375	5,191	4,568
Minority Interest	-11.62	-11.62	-11.13	-10.56	-10.2	-9.63
Shareholders' Equity	5,641	5,509	5,683	5,365	5,181	4,559
Total Liabilities & Equity	7,800	7,614	7,682	7,447	6,938	6,578
Total Debt	731.46	741.34	698.89	879.2	622.21	831.5
Net Cash (Debt)	-245.58	-259.74	-196.09	-171.21	-31.66	-241.66
Net Cash Per Share	-0.48	-0.51	-0.39	-0.34	-0.06	-0.48
Filing Date Shares Outstanding	546.71	546.71	507.66	546.71	507.66	507.66
Total Common Shares Outstanding	546.71	546.71	507.66	546.71	507.66	507.66
Working Capital	2,092	2,147	2,376	2,294	1,651	1,954
Book Value Per Share	10.34	10.10	11.22	9.83	10.23	9.00
Tangible Book Value	5,652	5,521	5,694	5,375	5,191	4,568
Tangible Book Value Per Share	10.34	10.10	11.22	9.83	10.23	9.00
Land	-	-	-	3.96	177.79	173.83
Buildings	762.36	803.08	801.36	800.96	800.92	804.76
Machinery	280.85	279.44	276.79	274.25	267.41	260.89

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