SP New Energy Balance Sheet

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	5,060	5,540	10,040	37.23	886.76	0.35
Short-Term Investments	-	603.67	611.08	15.55	-	-
Accounts Receivable	562.83	290.04	286.29	-	-	-
Other Receivables	15,579	1.32	1.32	651.12	-	-
Inventory	-	-	24.8	-	-	-
Prepaid Expenses	18.2	28.8	10.75	-	-	-
Other Current Assets	1,786	179.06	249.46	824.48	562.49	0.78
Total Current Assets	23,006	6,642	11,224	1,528	1,449	1.13
Property, Plant & Equipment	120,781	67,756	22,603	1,671	1,208	297.75
Goodwill	9.95	9.95	9.95	-	-	-
Other Intangible Assets	13,262	13,262	13,262	-	-	-
Long-Term Deferred Tax Assets	9.29	9.29	9.65	10.2	10.47	-
Long-Term Deferred Charges	-	-	75.06	-	-	-
Other Long-Term Assets	11,063	3,688	3,999	2,994	735.72	538.37
Total Assets	168,132	91,367	51,183	6,204	3,404	837.25
Accounts Payable	406.06	645.41	234.14	15.04	0.07	-
Accrued Expenses	1,159	1,376	188.51	2.84	12.24	6.65
Short-Term Debt	7,513	7,200	-	-	22.79	22.79
Current Portion of Long-Term Debt	167.91	235.89	366.85	-	-	-
Current Portion of Leases	17.64	25.4	8.96	4.54	4.54	14
Current Income Taxes Payable	93.7	15.89	21.71	-	-	-
Other Current Liabilities	1,572	543.56	646.71	70.11	0.7	0.08
Total Current Liabilities	10,929	10,042	1,467	92.53	40.33	43.52
Long-Term Debt	50,209	2,494	2,730	-	-	-
Long-Term Leases	363.47	365.05	381.11	298.6	289.34	275.52
Long-Term Deferred Tax Liabilities	12,351	12,348	4,087	-	-	0.9
Other Long-Term Liabilities	122.5	97.82	98.63	-	-	-
Total Liabilities	73,975	25,346	8,763	391.13	329.67	319.95
Preferred Stock, Redeemable	194.04	194.04	-	-	-	-
Common Stock	5,007	5,007	3,437	1,000	812.44	542.44
Additional Paid-In Capital	20,116	19,794	5,714	4,939	2,347	-
Retained Earnings	3,474	3,942	5,546	-126.13	-85.72	-25.14
Comprehensive Income & Other	47,182	33,740	24,688	-	-	-
Total Common Equity	75,780	62,484	39,385	5,813	3,074	517.3
Minority Interest	18,183	3,343	3,035	-	-	-
Shareholders' Equity	94,157	66,021	42,420	5,813	3,074	517.3
Total Liabilities & Equity	168,132	91,367	51,183	6,204	3,404	837.25
Total Debt	58,271	10,320	3,487	303.14	316.67	312.32
Net Cash (Debt)	-53,211	-4,177	7,165	-250.35	570.09	-311.97
Net Cash Per Share	-1.06	-0.08	0.30	-0.03	0.08	-0.68
Filing Date Shares Outstanding	50,073	50,073	34,373	10,000	8,124	1,830
Total Common Shares Outstanding	50,073	50,073	34,373	10,000	8,124	1,830
Working Capital	12,078	-3,400	9,757	1,436	1,409	-42.4
Book Value Per Share	1.51	1.25	1.15	0.58	0.38	0.28
Tangible Book Value	62,508	49,212	26,113	5,813	3,074	517.3
Tangible Book Value Per Share	1.25	0.98	0.76	0.58	0.38	0.28
Land	49,871	49,365	12,470	-	-	-
Buildings	1.54	1.54	1.54	-	-	-
Machinery	8,685	8,649	8,545	0.21	-	-
Construction In Progress	63,890	11,169	2,653	1,390	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.