Waterfront Philippines 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	333.95	393.36	475.95	583.89	843.8	1,178
Short-Term Investments	-	2.86	1.28	-	12.96	12.86
Cash & Short-Term Investments	333.95	396.21	477.23	583.89	856.75	1,191
Cash Growth	-19.27%	-16.98%	-18.27%	-31.85%	-28.07%	72.26%
Accounts Receivable	3,691	1,033	386.6	873.87	259.99	164.56
Other Receivables	3,269	546.82	515.91	2,240	455.27	363.13
Receivables	7,081	3,285	3,449	3,361	2,510	3,009
Inventory	37.62	31.25	24.95	29.1	23.87	22.7
Prepaid Expenses	131.92	15.27	47.84	248.4	56.91	53.46
Other Current Assets	-	834.59	859.6	-	242.17	147.17
Total Current Assets	7,584	4,562	4,858	4,223	3,690	4,424
Property, Plant & Equipment	9,393	11,796	11,840	11,119	10,290	8,659
Long-Term Investments	18.38	68.38	70.26	69.94	69.94	69.74
Long-Term Deferred Tax Assets	282.5	187.42	248.6	270.41	268.49	167.67
Other Long-Term Assets	3,643	5,798	4,390	4,726	850.44	924.69
Total Assets	20,921	22,412	21,406	20,409	17,001	15,243
Accounts Payable	652.14	246.67	718.32	1,693	644.13	658.3
Accrued Expenses	942.72	1,458	1,071	-	866.03	1,196
Short-Term Debt	-	1	1	-	1	4.12
Current Portion of Long-Term Debt	728.9	671	715	595	1,010	627.66
Current Portion of Leases	-	3.94	2.8	0.12	1.34	1.19
Current Income Taxes Payable	-	65.81	76.47	54.33	40.28	65.33
Current Unearned Revenue	-	-	-	-	0.29	0.61
Other Current Liabilities	395.58	85.33	73.85	32.95	114.85	121.43
Total Current Liabilities	2,719	2,531	2,658	2,375	2,678	2,675
Long-Term Debt	1,903	2,140	2,435	2,775	-	635.11
Long-Term Leases	-	148.12	146.11	128.02	128.13	129.47
Long-Term Unearned Revenue	-	232.44	232.44	-	-	-
Pension & Post-Retirement Benefits	7.37	8.74	0.34	-	-	-
Long-Term Deferred Tax Liabilities	1,636	2,374	2,572	2,400	2,092	1,983
Other Long-Term Liabilities	926.19	250.14	241.87	463.09	432.97	418.94
Total Liabilities	7,192	7,685	8,286	8,141	5,331	5,841
Common Stock	2,499	2,499	2,499	2,499	2,499	2,499
Additional Paid-In Capital	706.36	706.36	706.36	706.36	706.36	706.36
Retained Earnings	3,694	3,381	2,313	2,052	1,847	1,114
Comprehensive Income & Other	5,032	5,798	6,003	5,758	5,403	4,000
Total Common Equity	11,931	12,384	11,521	11,015	10,455	8,320
Minority Interest	1,799	2,343	1,599	1,252	1,215	1,083
Shareholders' Equity	13,730	14,727	13,121	12,267	11,670	9,402
Total Liabilities & Equity	20,921	22,412	21,406	20,409	17,001	15,243
Total Debt	2,632	2,964	3,300	3,498	1,141	1,398
Net Cash (Debt)	-2,298	-2,568	-2,823	-2,914	-283.83	-206.52
Net Cash Per Share	-0.92	-1.03	-1.13	-1.17	-0.11	-0.08
Filing Date Shares Outstanding	2,499	2,499	2,499	2,499	2,499	2,499
Total Common Shares Outstanding	2,499	2,499	2,499	2,499	2,499	2,499
Working Capital	4,865	2,031	2,200	1,847	1,012	1,749
Book Value Per Share	4.77	4.96	4.61	4.41	4.18	3.33
Tangible Book Value	11,931	12,384	11,521	11,015	10,455	8,320
Tangible Book Value Per Share	4.77	4.96	4.61	4.41	4.18	3.33
Land	-	5,807	5,539	4,726	4,226	3,305
Buildings	-	7,537	7,523	7,401	7,434	6,521
Machinery	-	1,985	1,977	1,976	1,575	1,519
Construction In Progress	-	1,027	994.18	896.3	644.35	576.52
Leasehold Improvements	-	26.34	26.3	25.06	25.06	25.06

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