Primex 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	27.83	151.08	28.58	37.77	67.02	29.2
Cash & Short-Term Investments	27.83	151.08	28.58	37.77	67.02	29.2
Cash Growth	-21.01%	428.67%	-24.34%	-43.65%	129.55%	-58.17%
Accounts Receivable	106.28	97.12	53.02	73.62	47.07	47.34
Receivables	106.28	97.12	53.02	73.62	47.07	47.34
Inventory	2,888	2,875	3,234	3,042	2,954	1,997
Prepaid Expenses	-	37.95	3.68	3.49	3.09	36.42
Other Current Assets	309.15	282.17	328.77	316.36	253.5	45.89
Total Current Assets	3,331	3,444	3,648	3,474	3,325	2,156
Property, Plant & Equipment	1,095	945.17	790.07	637.31	9.62	15.39
Long-Term Investments	241.08	259.76	228.35	228.35	228.35	214.3
Long-Term Accounts Receivable	77.86	77.86	13.06	5.62	7.21	9.49
Long-Term Deferred Tax Assets	3.47	3.47	2.28	1.21	1.22	1.08
Other Long-Term Assets	625.39	610.73	480.64	481.05	495.86	510.52
Total Assets	5,374	5,341	5,162	4,827	4,067	2,907
Accounts Payable	562.68	388.38	345.36	364.95	62.39	233
Accrued Expenses	-	1.1	1.14	1.93	7.33	4.09
Current Portion of Long-Term Debt	-	362.14	579.02	448.4	23.2	23.1
Current Portion of Leases	4.97	4.97	3.33	2.61	4.12	5.58
Current Income Taxes Payable	-	-	-	2.07	-	2.61
Current Unearned Revenue	12	33.11	60.29	29.07	27.52	28.08
Other Current Liabilities	26.78	172.74	236.04	165.26	406.96	290.31
Total Current Liabilities	1,349	962.44	1,225	1,014	531.52	586.77
Long-Term Debt	1,944	2,263	1,769	1,777	1,450	683.35
Long-Term Leases	13.83	13.83	13.28	-	2.61	5.05
Pension & Post-Retirement Benefits	12.05	12.05	11.17	9.62	8.87	9.11
Long-Term Deferred Tax Liabilities	41.46	41.46	33.39	4.07	0.96	6.47
Other Long-Term Liabilities	-	-	-	-	9.25	15.54
Total Liabilities	3,360	3,293	3,052	2,805	2,004	1,306
Common Stock	468.83	468.83	468.83	468.83	468.83	400.34
Additional Paid-In Capital	1,086	1,086	1,086	1,086	1,086	654.85
Retained Earnings	491.79	505.48	517	428.53	469.93	507.32
Treasury Stock	-69.8	-49.8	-	-	-	-
Comprehensive Income & Other	36.73	36.79	37.85	38.36	38.43	38.05
Total Common Equity	2,014	2,048	2,110	2,022	2,064	1,601
Shareholders' Equity	2,014	2,048	2,110	2,022	2,064	1,601
Total Liabilities & Equity	5,374	5,341	5,162	4,827	4,067	2,907
Total Debt	2,705	2,644	2,365	2,228	1,480	717.08
Net Cash (Debt)	-2,677	-2,493	-2,336	-2,190	-1,413	-687.88
Net Cash Per Share	-1.16	-1.07	-1.00	-0.93	-0.65	-0.40
Filing Date Shares Outstanding	2,303	2,316	2,344	2,344	2,344	2,002
Total Common Shares Outstanding	2,303	2,316	2,344	2,344	2,344	2,002
Working Capital	1,982	2,481	2,423	2,459	2,793	1,569
Book Value Per Share	0.87	0.88	0.90	0.86	0.88	0.80
Tangible Book Value	2,014	2,048	2,110	2,022	2,064	1,601
Tangible Book Value Per Share	0.87	0.88	0.90	0.86	0.88	0.80
Land	-	39.27	-	-	-	-
Machinery	-	60.78	55.65	55.59	49.83	49.59
Construction In Progress	-	883.29	767.43	627.45	-	-
Leasehold Improvements	-	7.88	7.88	7.88	7.88	7.88

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