SM Investments 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	98,179	101,847	112,528	103,746	106,561	89,353
Short-Term Investments	799	717	794	747.84	534.87	547.04
Cash & Short-Term Investments	98,978	102,564	113,322	104,493	107,096	89,900
Cash Growth	-4.59%	-9.49%	8.45%	-2.43%	19.13%	13.42%
Accounts Receivable	91,083	93,657	90,999	78,206	83,612	75,514
Other Receivables	7,675	7,914	10,189	14,769	15,305	16,665
Receivables	98,758	101,571	101,188	92,976	98,917	92,179
Inventory	129,849	121,152	121,595	119,199	107,941	87,799
Prepaid Expenses	12,645	11,307	17,359	20,540	19,881	18,482
Other Current Assets	20,057	24,808	30,336	22,263	27,715	18,008
Total Current Assets	360,287	361,402	383,800	359,471	361,549	306,368
Property, Plant & Equipment	111,655	111,348	106,542	101,392	92,020	90,251
Long-Term Investments	514,381	512,189	475,086	460,356	431,443	395,758
Goodwill	34,259	34,259	34,259	34,148	34,148	33,771
Other Intangible Assets	6,127	6,127	6,127	6,127	6,454	7,342
Long-Term Accounts Receivable	91,358	94,302	79,064	70,600	48,930	49,519
Long-Term Deferred Tax Assets	5,507	5,413	5,459	6,462	5,210	4,877
Long-Term Deferred Charges	7,336	7,242	5,569	2,779	-	-
Other Long-Term Assets	695,879	679,519	603,146	544,882	499,672	469,549
Total Assets	1,826,789	1,811,801	1,699,052	1,586,219	1,479,426	1,362,807
Accounts Payable	112,228	125,481	125,209	116,682	100,815	88,828
Accrued Expenses	41,624	37,250	37,407	34,516	33,457	29,232
Short-Term Debt	57,595	20,223	24,074	13,414	20,812	27,167
Current Portion of Long-Term Debt	53,722	100,397	104,628	113,529	87,047	63,707
Current Portion of Leases	3,226	3,377	3,196	2,977	3,153	2,590
Current Income Taxes Payable	5,234	3,550	4,093	3,650	3,205	2,311
Current Unearned Revenue	-	7,234	9,154	7,054	11,902	10,916
Other Current Liabilities	46,968	39,742	35,407	38,940	32,635	36,878
Total Current Liabilities	320,597	337,254	343,168	330,762	293,025	261,629
Long-Term Debt	403,679	390,839	371,872	374,759	397,850	381,619
Long-Term Leases	34,837	35,172	33,192	32,342	32,237	31,101
Pension & Post-Retirement Benefits	5,001	5,052	5,443	6,935	4,867	3,839
Long-Term Deferred Tax Liabilities	21,011	21,138	19,445	18,129	16,798	15,676
Other Long-Term Liabilities	68,392	66,711	59,507	51,091	42,459	45,335
Total Liabilities	853,517	856,166	832,627	814,018	787,236	739,199
Common Stock	12,331	12,331	12,261	12,261	12,261	12,046
Additional Paid-In Capital	75,602	76,667	71,752	71,837	75,839	75,827
Retained Earnings	648,743	627,230	551,901	480,289	412,464	358,338
Treasury Stock	-13,507	-11,400	-66	-66.3	-66.3	-25.39
Comprehensive Income & Other	-14,285	-9,570	-8,544	-7,716	-3,609	1,419
Total Common Equity	708,884	695,258	627,304	556,605	496,889	447,605
Minority Interest	264,388	260,377	239,121	215,596	195,301	176,004
Shareholders' Equity	973,272	955,635	866,425	772,200	692,190	623,608
Total Liabilities & Equity	1,826,789	1,811,801	1,699,052	1,586,219	1,479,426	1,362,807
Total Debt	553,059	550,008	536,962	537,022	541,098	506,184
Net Cash (Debt)	-454,081	-447,444	-423,640	-432,528	-434,002	-416,284
Net Cash Per Share	-372.81	-366.76	-346.68	-353.95	-358.13	-345.58
Filing Date Shares Outstanding	1,218	1,221	1,222	1,222	1,222	1,205
Total Common Shares Outstanding	1,219	1,222	1,222	1,222	1,222	1,205
Working Capital	39,690	24,148	40,632	28,709	68,524	44,739
Book Value Per Share	581.55	568.89	513.33	455.48	406.61	371.58
Tangible Book Value	668,498	654,872	586,918	516,329	456,287	406,491
Tangible Book Value Per Share	548.42	535.85	480.28	422.52	373.39	337.45
Land	2,151	2,151	1,719	1,719	1,719	1,730
Buildings	23,700	24,160	22,825	20,773	19,893	19,822
Machinery	81,088	79,339	74,767	69,082	64,404	51,478
Construction In Progress	4,889	5,561	5,055	6,124	4,771	4,968
Leasehold Improvements	37,849	36,539	34,560	32,823	30,307	24,971