RL Commercial REIT 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
Property, Plant & Equipment	161,508	161,470	109,430	63,837	56,702	59,804
Cash & Equivalents	5,183	4,143	3,294	1,789	1,015	1,373
Accounts Receivable	2,010	1,331	1,327	311.78	718.82	449.98
Other Receivables	55.03	73.08	14.42	4.78	7.74	0.07
Other Current Assets	192.06	234.55	124.86	88.36	88.44	84.31
Other Long-Term Assets	565.94	507.39	350.7	267.29	183.95	11.32
Total Assets	169,515	167,759	114,540	66,298	58,715	61,723
Current Portion of Leases	12.45	12.22	11.42	-	-	-
Long-Term Leases	779.8	777.55	768.04	267.42	257.37	247.64
Accounts Payable	1,591	1,201	412.48	254.67	44.56	52.12
Accrued Expenses	1,046	1,016	1,422	578.09	676.6	209.99
Current Income Taxes Payable	612.97	359.45	337.63	84.66	61.48	75.25
Current Unearned Revenue	79.59	85.27	106.6	114.13	101.5	41.93
Other Current Liabilities	1,109	653.25	884.51	413.33	290.79	136.9
Long-Term Unearned Revenue	111.72	128.99	149.03	112.69	96.55	110.83
Other Long-Term Liabilities	1,817	1,337	1,037	746.28	728.72	814.21
Total Liabilities	7,159	5,571	5,129	2,571	2,258	1,689
Common Stock	19,549	19,549	15,714	10,727	10,727	9,949
Additional Paid-In Capital	109,815	109,815	83,004	54,125	54,125	49,023
Retained Earnings	32,992	32,824	10,693	-1,125	-8,394	1,062
Shareholders' Equity	162,356	162,188	109,411	63,727	56,458	60,034
Total Liabilities & Equity	169,515	167,759	114,540	66,298	58,715	61,723
Total Debt	792.25	789.78	779.47	267.42	257.37	247.64
Net Cash (Debt)	4,391	3,353	2,514	1,521	757.34	1,126
Net Cash (Debt) Growth	102.81%	33.36%	65.26%	100.89%	-32.72%	-
Net Cash Per Share	0.25	0.20	0.21	0.14	0.07	0.27
Filing Date Shares Outstanding	19,549	19,549	15,714	10,727	10,727	9,949
Total Common Shares Outstanding	19,549	19,549	15,714	10,727	10,727	9,949
Book Value Per Share	8.31	8.30	6.96	5.94	5.26	6.03
Tangible Book Value	162,356	162,188	109,411	63,727	56,458	60,034
Tangible Book Value Per Share	8.31	8.30	6.96	5.94	5.26	6.03
Buildings	160,631	160,581	108,495	63,362	56,197	59,270