SPC Power Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	6,994	4,659	4,743	4,031	2,984
Accounts Receivable	503.5	358.87	489.72	630.69	344.07
Other Receivables	106.79	42.38	145.48	40.72	138.96
Inventory	352.48	366.92	399.39	467.55	389.82
Prepaid Expenses	21.64	18.81	15.81	15.08	15.09
Other Current Assets	21.55	31.46	81.81	110.28	68.01
Total Current Assets	8,000	5,477	5,875	5,296	3,940
Property, Plant & Equipment	426.96	450.03	736.63	734.72	731.77
Goodwill	-	-	32.52	32.52	32.52
Other Intangible Assets	-	0.61	2.17	3.26	4.34
Long-Term Investments	5,023	5,782	5,831	5,445	5,513
Long-Term Deferred Tax Assets	31.48	33.86	35.46	34.23	28.97
Other Long-Term Assets	40.22	21.89	18.37	61.79	101.94
Total Assets	13,521	11,765	12,531	11,608	10,353
Accounts Payable	254.52	183.58	343.79	520.17	329.06
Accrued Expenses	5.95	9.35	91.94	58.49	37.91
Current Portion of Leases	2.39	2.39	2.2	1.83	2.66
Current Income Taxes Payable	71.3	33.34	10.92	33.97	6.88
Other Current Liabilities	1,528	247.7	421.52	198.37	169.72
Total Current Liabilities	1,862	476.36	870.37	812.82	546.22
Long-Term Leases	2.11	4.73	7.36	9.56	-
Pension & Post-Retirement Benefits	34.18	31.08	37.17	43.73	34.77
Long-Term Deferred Tax Liabilities	7.75	14.57	19.73	20.65	0.63
Other Long-Term Liabilities	46.05	97.42	288.82	321.45	348.87
Total Liabilities	1,953	624.18	1,223	1,208	930.49
Common Stock	1,569	1,569	1,569	1,569	1,569
Additional Paid-In Capital	86.81	86.81	86.81	86.81	86.81
Retained Earnings	10,011	9,584	9,598	8,727	7,754
Treasury Stock	-131.01	-131.01	-131.01	-131.01	-131.01
Comprehensive Income & Other	17.04	16.76	17.5	14.29	6.25
Total Common Equity	11,553	11,126	11,141	10,267	9,286
Minority Interest	15.13	14.8	166.91	132.48	136.44
Shareholders' Equity	11,569	11,141	11,308	10,399	9,422
Total Liabilities & Equity	13,521	11,765	12,531	11,608	10,353
Total Debt	4.49	7.12	9.56	11.39	2.66
Net Cash (Debt)	6,989	4,652	4,733	4,020	2,981
Net Cash Growth	50.26%	-1.73%	17.75%	34.84%	-24.29%
Net Cash Per Share	4.67	3.11	3.16	2.69	1.99
Filing Date Shares Outstanding	1,497	1,497	1,497	1,497	1,497
Total Common Shares Outstanding	1,497	1,497	1,497	1,497	1,497
Working Capital	6,137	5,001	5,005	4,483	3,394
Book Value Per Share	7.72	7.43	7.44	6.86	6.20
Tangible Book Value	11,553	11,126	11,106	10,231	9,249
Tangible Book Value Per Share	7.72	7.43	7.42	6.84	6.18
Land	75.14	75.14	87.75	87.47	87.47
Buildings	59.36	59.36	67.56	66.49	66.49
Machinery	1,200	1,175	1,477	1,358	1,350
Construction In Progress	13.87	2.88	7.98	46.45	9.23

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.