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 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	182.81	128.2	177.19	150.48	370.16	287.01
Trading Asset Securities	210.84	284.79	304.42	352.32	337.82	303.54
Cash & Short-Term Investments	393.65	412.99	481.6	502.8	707.99	590.55
Cash Growth	-11.97%	-14.25%	-4.22%	-28.98%	19.89%	0.12%
Accounts Receivable	132.69	104.17	184.93	339.04	372.5	501.17
Other Receivables	11.66	8.17	1.39	2.76	3.69	-
Receivables	144.34	112.34	186.32	341.8	376.19	501.17
Inventory	2,395	2,405	2,441	2,493	2,462	1,617
Prepaid Expenses	90.21	74.45	81.72	75.14	10.46	66.58
Other Current Assets	22.4	29.45	21.22	15.52	22.98	-
Total Current Assets	3,045	3,034	3,212	3,429	3,579	2,775
Property, Plant & Equipment	46.76	45.39	54.4	53.55	64.58	245.18
Long-Term Investments	955.86	1,234	1,305	1,473	1,404	1,286
Goodwill	0.12	0.12	0.12	0.12	0.12	-
Long-Term Accounts Receivable	9.38	9.38	0.93	117.8	-	278.07
Other Long-Term Assets	2,640	2,462	2,878	2,609	2,399	2,354
Total Assets	6,697	6,785	7,451	7,682	7,447	6,938
Accounts Payable	101.49	217.51	284.92	192.21	306.74	484.38
Accrued Expenses	305.17	240.29	271.68	278.77	251.41	-
Current Portion of Long-Term Debt	304.45	300.85	330.79	244.93	407.33	400.66
Current Portion of Leases	1.28	1.69	0.94	0.41	1.56	-
Current Income Taxes Payable	0.05	0.05	-	0.08	0.03	0.03
Current Unearned Revenue	75.82	58.86	34.37	27.21	7.41	9.85
Other Current Liabilities	377.53	316.21	305.42	309.1	310.35	228.77
Total Current Liabilities	1,166	1,135	1,228	1,053	1,285	1,124
Long-Term Debt	406.46	406.46	405.85	453.56	469.89	221.55
Long-Term Leases	3.77	3.5	3.77	-	0.41	-
Long-Term Unearned Revenue	0.47	0.47	2.94	-	-	3.43
Long-Term Deferred Tax Liabilities	324.06	300.38	428.7	479.29	313.27	375.35
Other Long-Term Liabilities	18.61	33.98	26.91	13.93	13.96	33.42
Total Liabilities	1,919	1,880	2,096	1,999	2,082	1,757
Common Stock	585.69	585.69	585.69	585.69	585.69	585.69
Additional Paid-In Capital	39.95	39.95	39.95	39.95	39.95	39.95
Retained Earnings	4,314	4,184	4,552	4,708	4,458	4,378
Treasury Stock	-678.2	-678.2	-678.2	-678.2	-678.2	-678.2
Comprehensive Income & Other	528.85	785.43	867.57	1,038	970.26	865.01
Total Common Equity	4,790	4,917	5,367	5,694	5,375	5,191
Minority Interest	-12.11	-12.11	-11.62	-11.13	-10.56	-10.2
Shareholders' Equity	4,778	4,905	5,355	5,683	5,365	5,181
Total Liabilities & Equity	6,697	6,785	7,451	7,682	7,447	6,938
Total Debt	715.96	712.5	741.34	698.89	879.2	622.21
Net Cash (Debt)	-322.3	-299.51	-259.74	-196.09	-171.21	-31.66
Net Cash Per Share	-0.63	-0.59	-0.51	-0.39	-0.34	-0.06
Filing Date Shares Outstanding	546.71	546.71	546.71	507.66	546.71	507.66
Total Common Shares Outstanding	546.71	546.71	546.71	507.66	546.71	507.66
Working Capital	1,880	1,899	1,984	2,376	2,294	1,651
Book Value Per Share	8.76	8.99	9.82	11.22	9.83	10.23
Tangible Book Value	4,790	4,917	5,366	5,694	5,375	5,191
Tangible Book Value Per Share	8.76	8.99	9.82	11.22	9.83	10.23
Land	-	-	-	-	3.96	177.79
Buildings	1,316	796.69	803.08	801.36	800.96	800.92
Machinery	-268.55	276.72	279.44	276.79	274.25	267.41