SBS Philippines 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	1,773	1,470	1,229	739.39	820.75	250.22
Cash & Short-Term Investments	1,773	1,470	1,229	739.39	820.75	250.22
Cash Growth	73.99%	19.61%	66.25%	-9.91%	228.01%	4.95%
Accounts Receivable	141.09	89.77	126.08	117.64	128.46	83.7
Other Receivables	13.24	7.27	4.88	4.6	10.99	7.62
Receivables	154.34	97.04	130.96	122.24	139.45	91.32
Inventory	722.13	775.49	775.36	793.9	837.7	776.37
Prepaid Expenses	13.21	8.66	8.86	8.59	7.02	9.18
Other Current Assets	30.67	27.46	186.61	823.71	689.15	489.49
Total Current Assets	2,693	2,379	2,331	2,488	2,494	1,617
Property, Plant & Equipment	213.1	225.6	269.63	257.42	243.04	68.9
Long-Term Investments	3,133	3,143	3,166	2,895	2,841	2,844
Other Intangible Assets	1.16	1.62	2.98	4.3	6.04	8.75
Long-Term Deferred Tax Assets	-	0.42	-	-	-	1.48
Other Long-Term Assets	2,969	2,969	3,062	3,046	3,188	3,385
Total Assets	9,010	8,718	8,832	8,690	8,772	7,924
Accounts Payable	52.53	33.11	59.74	44.31	68.42	26.3
Accrued Expenses	45.27	34.05	33.07	39.49	48.11	33.93
Short-Term Debt	248.45	291.44	240.11	205.78	327.14	160.7
Current Portion of Long-Term Debt	2,025	1,656	1,518	1,171	1,037	1,211
Current Portion of Leases	-	1.47	1.38	1.69	-	-
Current Income Taxes Payable	-	0.13	-	3.41	-	3.99
Total Current Liabilities	2,372	2,016	1,852	1,466	1,481	1,436
Long-Term Debt	88.41	132.61	307.16	485.26	612.4	-
Long-Term Leases	-	42.21	35.7	121.15	104.34	-
Pension & Post-Retirement Benefits	18.5	18.5	13.5	11.56	8.84	8.6
Long-Term Deferred Tax Liabilities	10.11	-	17.14	6.57	20.2	-
Other Long-Term Liabilities	2.55	2.55	1.93	-	5.21	5.21
Total Liabilities	2,491	2,212	2,228	2,090	2,232	1,450
Common Stock	1,891	1,891	1,550	1,550	1,550	1,550
Additional Paid-In Capital	2,243	2,243	2,243	2,243	2,243	2,243
Retained Earnings	1,692	1,680	1,760	1,742	2,037	1,953
Comprehensive Income & Other	-6.84	-6.84	337.3	337.44	-2.64	-3.39
Total Common Equity	5,819	5,807	5,890	5,872	5,827	5,743
Minority Interest	699.77	699.56	714.3	727.49	713.7	732.1
Shareholders' Equity	6,519	6,507	6,604	6,600	6,540	6,475
Total Liabilities & Equity	9,010	8,718	8,832	8,690	8,772	7,924
Total Debt	2,362	2,123	2,102	1,985	2,081	1,372
Net Cash (Debt)	-589.23	-653.28	-873.03	-1,246	-1,260	-1,122
Net Cash Per Share	-0.31	-0.35	-0.46	-0.66	-0.67	-0.59
Filing Date Shares Outstanding	1,891	1,891	1,891	1,891	1,891	1,891
Total Common Shares Outstanding	1,891	1,891	1,891	1,891	1,891	1,891
Working Capital	321.73	362.89	478.8	1,022	1,014	180.57
Book Value Per Share	3.08	3.07	3.11	3.11	3.08	3.04
Tangible Book Value	5,818	5,805	5,887	5,868	5,821	5,734
Tangible Book Value Per Share	3.08	3.07	3.11	3.10	3.08	3.03
Buildings	97.89	97.89	97.51	42.18	-	-
Machinery	120.4	118.41	111.43	107.64	85.87	78.38
Construction In Progress	-	-	-	-	27.38	14.85
Leasehold Improvements	18.47	18.47	16.63	16.54	12.41	12.35

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