Villar Land Holdings 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 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	655.26	506.49	981.17	919.37	1,924	1,544
Cash & Short-Term Investments	655.26	506.49	981.17	919.37	1,924	1,544
Cash Growth	-28.40%	-48.38%	6.72%	-52.22%	24.67%	-44.79%
Accounts Receivable	14,754	14,160	14,253	12,694	11,476	11,088
Other Receivables	86.69	178.98	103.83	3,400	43	38.78
Receivables	14,841	14,339	14,357	16,094	11,519	11,126
Inventory	6,474	6,943	6,780	6,615	8,163	8,270
Prepaid Expenses	314.33	318.27	313.82	-	332.16	331.03
Other Current Assets	3,883	2,384	2,114	865.74	2,401	2,251
Total Current Assets	26,168	24,492	24,545	24,494	24,339	23,523
Property, Plant & Equipment	352.55	384.63	226.24	257.27	296.41	314.41
Long-Term Accounts Receivable	2,986	2,068	3,089	3,086	2,076	2,541
Other Long-Term Assets	8,818	8,805	117.47	123.55	114.17	176.94
Total Assets	38,324	35,750	27,978	27,961	26,826	26,555
Accounts Payable	2,865	1,743	1,407	2,033	1,184	1,188
Accrued Expenses	652.35	589.2	538.85	-	614.97	596.46
Short-Term Debt	-	-	-	-	952.08	952.62
Current Portion of Long-Term Debt	1,257	1,846	792.14	3,219	2,967	2,114
Current Portion of Leases	9.98	9.98	10.04	12.73	9.73	8.46
Current Income Taxes Payable	4.88	11.62	15.48	8.64	13.68	19.5
Current Unearned Revenue	1,855	1,744	2,324	3,045	2,716	2,952
Other Current Liabilities	11,184	10,825	1,960	1,652	1,186	1,703
Total Current Liabilities	17,828	16,769	7,047	9,971	9,643	9,534
Long-Term Debt	3,598	3,211	4,458	3,166	3,859	5,093
Long-Term Leases	8.35	8.35	15.05	27.92	25.35	10.2
Long-Term Unearned Revenue	2.65	2.65	37.44	48.73	-	-
Pension & Post-Retirement Benefits	80.37	80.37	95.69	92.79	103.02	98.24
Long-Term Deferred Tax Liabilities	1,308	1,256	1,181	1,050	939.68	1,153
Other Long-Term Liabilities	1,126	754.08	1,027	912.31	872.38	827.85
Total Liabilities	23,951	22,081	13,861	15,268	15,442	16,715
Common Stock	644.12	644.12	644.12	644.12	644.12	644.12
Additional Paid-In Capital	2,970	2,970	2,970	2,970	2,970	2,970
Retained Earnings	10,728	10,024	10,494	9,077	7,784	6,246
Comprehensive Income & Other	30.21	30.21	8.99	0.48	-15.01	-20.87
Shareholders' Equity	14,373	13,668	14,117	12,692	11,384	9,840
Total Liabilities & Equity	38,324	35,750	27,978	27,961	26,826	26,555
Total Debt	4,873	5,076	5,275	6,425	7,812	8,177
Net Cash (Debt)	-4,218	-4,569	-4,294	-5,506	-5,888	-6,634
Net Cash Per Share	-6.55	-7.09	-6.67	-8.55	-9.14	-10.30
Filing Date Shares Outstanding	644.12	644.12	644.12	644.12	644.12	644.12
Total Common Shares Outstanding	644.12	644.12	644.12	644.12	644.12	644.12
Working Capital	8,340	7,723	17,498	14,523	14,696	13,989
Book Value Per Share	22.31	21.22	21.92	19.70	17.67	15.28
Tangible Book Value	14,373	13,668	14,117	12,692	11,384	9,840
Tangible Book Value Per Share	22.31	21.22	21.92	19.70	17.67	15.28
Buildings	246.4	240.69	213.85	212.2	208.84	206.07
Machinery	782.55	644.55	488.61	492.54	496.84	458.9
Leasehold Improvements	73.5	73.5	70.06	60.78	59.1	49.77

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