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 2025	FY 2024	FY 2023	FY 2022	FY 2022
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	Jun '22 Jun 30, 2022
Cash & Equivalents	6,991	7,646	5,540	10,040	37.23	886.76
Short-Term Investments	-	244.86	15	611.08	15.55	-
Accounts Receivable	522.92	559.06	200.96	286.29	-	-
Other Receivables	12,548	12,246	237.56	128.24	651.12	-
Inventory	-	-	-	24.8	-	-
Prepaid Expenses	-	39.82	28.8	10.75	-	-
Other Current Assets	1,545	868.2	620.57	122.54	824.48	562.49
Total Current Assets	21,607	21,604	6,642	11,224	1,528	1,449
Property, Plant & Equipment	166,096	152,398	67,756	22,603	1,671	1,208
Goodwill	-	-	9.95	9.95	-	-
Other Intangible Assets	13,262	13,262	13,262	13,262	-	-
Long-Term Investments	-	20.29	20.27	-	-	-
Long-Term Deferred Tax Assets	32.36	32.36	9.29	9.65	10.2	10.47
Long-Term Deferred Charges	-	1,235	-	75.06	-	-
Other Long-Term Assets	14,640	11,094	3,668	3,999	2,994	735.72
Total Assets	215,637	199,645	91,367	51,183	6,204	3,404
Accounts Payable	2,533	732.92	645.41	234.14	15.04	0.07
Accrued Expenses	3,061	1,956	1,376	188.51	2.84	12.24
Short-Term Debt	7,629	9,976	7,587	-	-	22.79
Current Portion of Long-Term Debt	77.93	218.38	235.89	366.85	-	-
Current Portion of Leases	68.24	22.43	25.4	8.96	4.54	4.54
Current Income Taxes Payable	203.08	132.23	15.89	21.71	-	-
Other Current Liabilities	6,104	5,667	156.7	646.71	70.11	0.7
Total Current Liabilities	19,677	18,704	10,042	1,467	92.53	40.33
Long-Term Debt	79,456	68,324	2,494	2,730	-	-
Long-Term Leases	377.92	376.07	365.05	381.11	298.6	289.34
Long-Term Deferred Tax Liabilities	15,032	14,960	12,348	4,087	-	-
Other Long-Term Liabilities	2.42	84.27	97.83	98.63	-	-
Total Liabilities	114,545	102,449	25,346	8,763	391.13	329.67
Preferred Stock, Redeemable	194.04	194.04	194.04	-	-	-
Common Stock	5,007	5,007	5,007	3,437	1,000	812.44
Additional Paid-In Capital	19,794	19,794	19,794	5,714	4,939	2,347
Retained Earnings	-197.43	-154.36	3,942	5,546	-126.13	-85.72
Comprehensive Income & Other	61,497	60,882	33,740	24,688	-	-
Total Common Equity	85,907	85,529	62,484	39,385	5,813	3,074
Minority Interest	14,991	11,473	3,343	3,035	-	-
Shareholders' Equity	101,092	97,196	66,021	42,420	5,813	3,074
Total Liabilities & Equity	215,637	199,645	91,367	51,183	6,204	3,404
Total Debt	87,609	78,916	10,707	3,487	303.14	316.67
Net Cash (Debt)	-80,618	-71,026	-5,152	7,165	-250.35	570.09
Net Cash Per Share	-1.61	-1.42	-0.10	0.30	-0.03	0.08
Filing Date Shares Outstanding	50,073	50,073	50,073	34,373	10,000	8,124
Total Common Shares Outstanding	50,073	50,073	50,073	34,373	10,000	8,124
Working Capital	1,930	2,900	-3,400	9,757	1,436	1,409
Book Value Per Share	1.72	1.71	1.25	1.15	0.58	0.38
Tangible Book Value	72,645	72,267	49,212	26,113	5,813	3,074
Tangible Book Value Per Share	1.45	1.44	0.98	0.76	0.58	0.38
Land	62,545	62,545	49,365	12,470	-	-
Buildings	1.79	1.79	1.54	1.54	-	-
Machinery	8,708	8,629	8,581	8,545	0.21	-
Construction In Progress	96,612	82,980	11,237	2,653	1,390	-