Shell Pilipinas 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	2,090	2,776	2,958	1,797	2,957	1,684
Short-Term Investments	-	104.36	165.28	16.24	-	-
Cash & Short-Term Investments	2,090	2,880	3,123	1,813	2,957	1,684
Cash Growth	-26.25%	-7.78%	72.26%	-38.69%	75.58%	-73.22%
Accounts Receivable	19,827	16,164	16,879	15,436	18,645	11,971
Other Receivables	-	3,762	4,122	2,377	3,554	3,541
Receivables	19,827	19,926	21,001	17,813	22,199	15,513
Inventory	29,795	14,848	14,858	14,854	17,940	15,853
Prepaid Expenses	6,615	24.38	10.73	10.3	4.49	2.24
Other Current Assets	744.61	5,032	5,634	4,592	6,732	3,423
Total Current Assets	59,072	42,711	44,626	39,082	49,833	36,476
Property, Plant & Equipment	46,185	46,701	48,024	51,692	47,376	41,384
Long-Term Investments	71.71	1,199	1,247	1,008	843.02	665.08
Other Intangible Assets	-	1.19	1.19	1.19	1.19	1.19
Long-Term Accounts Receivable	-	467.96	110.28	94.68	100.31	101.59
Long-Term Deferred Tax Assets	2,550	2,295	2,507	2,651	3,038	4,131
Other Long-Term Assets	24,405	24,648	20,592	21,394	15,845	12,391
Total Assets	132,285	118,023	117,108	115,922	117,036	95,149
Accounts Payable	43,957	17,815	15,488	15,568	24,181	18,001
Accrued Expenses	-	1,625	3,031	2,603	3,259	2,362
Short-Term Debt	12,200	19,340	26,881	24,290	17,827	8,220
Current Portion of Long-Term Debt	-	-	-	-	9,000	-
Current Portion of Leases	-	2,644	2,793	2,700	2,069	1,686
Other Current Liabilities	17.54	1,795	2,345	2,687	3,435	2,436
Total Current Liabilities	56,175	43,220	50,538	47,849	59,771	32,704
Long-Term Debt	20,000	20,000	15,000	15,000	6,000	15,000
Long-Term Leases	16,651	17,009	16,233	18,266	18,126	15,929
Other Long-Term Liabilities	3,042	3,020	3,156	4,526	4,210	5,344
Total Liabilities	95,868	83,249	84,927	85,641	88,107	68,978
Common Stock	1,681	1,681	1,681	1,681	1,681	1,681
Additional Paid-In Capital	21,858	21,858	21,858	21,858	21,858	21,858
Retained Earnings	9,948	8,331	6,221	4,971	3,788	1,326
Treasury Stock	-507.11	-507.11	-507.11	-507.11	-507.11	-507.11
Comprehensive Income & Other	3,437	3,411	2,928	2,279	2,110	1,814
Shareholders' Equity	36,416	34,774	32,181	30,282	28,929	26,172
Total Liabilities & Equity	132,285	118,023	117,108	115,922	117,036	95,149
Total Debt	48,851	58,993	60,907	60,256	53,022	40,835
Net Cash (Debt)	-46,761	-56,113	-57,784	-58,443	-50,065	-39,151
Net Cash Per Share	-28.98	-34.78	-35.81	-36.22	-31.03	-24.27
Filing Date Shares Outstanding	1,617	1,613	1,613	1,613	1,613	1,613
Total Common Shares Outstanding	1,617	1,613	1,613	1,613	1,613	1,613
Working Capital	2,897	-509.86	-5,912	-8,767	-9,938	3,771
Book Value Per Share	22.52	21.55	19.95	18.77	17.93	16.22
Tangible Book Value	36,416	34,772	32,180	30,280	28,928	26,170
Tangible Book Value Per Share	22.52	21.55	19.94	18.77	17.93	16.22
Machinery	-	32,187	31,109	30,649	34,726	34,329
Construction In Progress	-	4,441	5,338	6,317	5,693	2,390
Leasehold Improvements	-	30,854	30,085	29,772	27,199	25,398

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