Waterfront Philippines 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 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	424.14	359.55	393.36	475.95	583.89	843.8
Short-Term Investments	9.52	0.91	2.86	1.28	-	12.96
Cash & Short-Term Investments	433.66	360.45	396.21	477.23	583.89	856.75
Cash Growth	-0.08%	-9.03%	-16.98%	-18.27%	-31.85%	-28.07%
Accounts Receivable	339.06	531.68	1,033	903.67	873.87	259.99
Other Receivables	1,709	562.48	546.82	-	2,240	455.27
Receivables	2,270	1,860	3,259	3,448	3,361	2,510
Inventory	33.44	32.1	31.25	24.95	29.1	23.87
Prepaid Expenses	118.29	42.84	39.62	248.46	248.4	56.91
Other Current Assets	-0	408.32	835.88	659.16	-	242.17
Total Current Assets	2,855	2,704	4,562	4,858	4,223	3,690
Property, Plant & Equipment	13,392	14,152	11,796	11,840	11,119	10,290
Long-Term Investments	72.54	72.54	68.38	70.26	69.94	69.94
Long-Term Deferred Tax Assets	205.62	205.62	200.79	259.31	270.41	268.49
Other Long-Term Assets	7,461	7,457	5,789	4,389	4,726	850.44
Total Assets	23,986	24,591	22,416	21,417	20,409	17,001
Accounts Payable	527.26	543.8	246.67	1,187	1,693	644.13
Accrued Expenses	154.82	395.89	729.67	-	-	866.03
Short-Term Debt	-	-	-	-	-	1
Current Portion of Long-Term Debt	241	241	296	340	595	1,010
Current Portion of Leases	2.74	2.79	3.94	2.8	0.12	1.34
Current Income Taxes Payable	38.07	38.07	65.81	76.47	54.33	40.28
Current Unearned Revenue	-	-	-	-	-	0.29
Other Current Liabilities	800.26	419.1	343.38	63.52	32.95	114.85
Total Current Liabilities	1,764	1,641	1,685	1,670	2,375	2,678
Long-Term Debt	1,840	1,900	2,140	2,435	2,775	-
Long-Term Leases	144.21	144.21	148.12	146.11	128.02	128.13
Long-Term Unearned Revenue	-	159.02	232.44	-	-	-
Pension & Post-Retirement Benefits	9.71	-	-	-	-	-
Long-Term Deferred Tax Liabilities	2,063	2,887	2,375	2,453	2,400	2,092
Other Long-Term Liabilities	1,412	1,253	1,152	1,624	463.09	432.97
Total Liabilities	7,233	7,984	7,733	8,328	8,141	5,331
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	2,931	3,535	3,337	2,281	2,052	1,847
Comprehensive Income & Other	8,932	6,983	5,798	6,003	5,758	5,403
Total Common Equity	15,068	13,724	12,340	11,489	11,015	10,455
Minority Interest	1,686	2,884	2,343	1,599	1,252	1,215
Shareholders' Equity	16,754	16,607	14,683	13,089	12,267	11,670
Total Liabilities & Equity	23,986	24,591	22,416	21,417	20,409	17,001
Total Debt	2,228	2,288	2,588	2,924	3,498	1,141
Net Cash (Debt)	-1,794	-1,928	-2,192	-2,447	-2,914	-283.83
Net Cash Per Share	-0.72	-0.77	-0.88	-0.98	-1.17	-0.11
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	1,091	1,063	2,877	3,188	1,847	1,012
Book Value Per Share	6.03	5.49	4.94	4.60	4.41	4.18
Tangible Book Value	15,068	13,724	12,340	11,489	11,015	10,455
Tangible Book Value Per Share	6.03	5.49	4.94	4.60	4.41	4.18
Land	-	7,553	5,807	5,539	4,726	4,226
Buildings	-	8,148	7,538	7,523	7,401	7,434
Machinery	-	2,235	1,988	1,977	1,976	1,575
Construction In Progress	-	1,106	1,027	994.18	896.3	644.35
Leasehold Improvements	-	26.34	26.34	26.3	25.06	25.06