Gallant Venture Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	181.51	117.83	109.14	127.79	134.08	106.81
Accounts Receivable	491.87	59.92	46.67	45.13	43.91	33.24
Other Receivables	-	-	-	-	-	33.22
Inventory	611.1	610.36	609.22	606.28	604.96	605
Prepaid Expenses	-	-	-	-	-	4.07
Other Current Assets	-	-	-	-	-	0.21
Total Current Assets	1,284	788.11	765.02	779.2	782.95	782.55
Property, Plant & Equipment	155.36	155.5	167.47	142.53	138.12	143.85
Other Intangible Assets	2.85	2.97	0.11	0.12	0.19	0.2
Long-Term Investments	328.11	371.46	368.96	358.5	389.35	355.1
Long-Term Deferred Tax Assets	1.03	1.08	1.22	1.39	1.63	1.64
Long-Term Accounts Receivable	0.02	0.07	0.16	0.24	0.09	-
Other Long-Term Assets	134.51	147.8	96.55	96.6	97.47	108.01
Total Assets	1,906	1,467	1,399	1,379	1,410	1,391
Accounts Payable	13.5	10.08	7.23	6.26	6.22	5.98
Accrued Expenses	38.87	29.58	19.52	18.26	17.35	27.08
Current Portion of Long-Term Debt	73.82	47.07	71.17	47.05	23.01	339
Current Unearned Revenue	12.96	15.82	6.76	4.23	3.39	2.67
Current Portion of Leases	1.94	4.56	5.46	5.13	1.11	1.05
Current Income Taxes Payable	8.15	4.36	7.77	7.48	8.47	8.47
Other Current Liabilities	550.16	89.74	98.98	93.53	96.13	112.84
Total Current Liabilities	699.4	201.22	216.9	181.93	155.67	497.09
Long-Term Debt	419.35	461.22	311.18	328.73	362.39	4.27
Long-Term Leases	2.49	1.82	5.06	9.29	2.88	3.45
Long-Term Unearned Revenue	71.69	63.78	73.52	56.15	21.44	16.74
Pension & Post-Retirement Benefits	10.17	11.09	10.69	11.74	15.88	16.28
Long-Term Deferred Tax Liabilities	1.72	1.87	2.04	2.24	2.38	1.9
Other Long-Term Liabilities	38.19	38.77	32.37	29.67	28.09	25.97
Total Liabilities	1,243	779.77	651.75	619.76	588.72	565.7
Common Stock	1,963	1,963	1,963	1,963	1,963	1,959
Retained Earnings	-1,318	-1,338	-1,291	-1,277	-1,263	-1,207
Treasury Stock	-0.05	-0.05	-0.05	-0.05	-0.05	-0.05
Comprehensive Income & Other	8.58	52.57	68.7	64.89	113.36	60.93
Total Common Equity	654.32	677.95	740.77	751.78	813.86	812.09
Minority Interest	9.01	9.27	6.96	7.05	7.21	13.55
Shareholders' Equity	663.34	687.22	747.73	758.84	821.07	825.64
Total Liabilities & Equity	1,906	1,467	1,399	1,379	1,410	1,391
Total Debt	497.59	514.67	392.87	390.2	389.39	347.77
Net Cash (Debt)	-316.09	-396.84	-283.74	-262.41	-255.31	-240.96
Net Cash Per Share	-0.06	-0.07	-0.05	-0.05	-0.05	-0.04
Filing Date Shares Outstanding	5,463	5,463	5,463	5,463	5,463	5,425
Total Common Shares Outstanding	5,463	5,463	5,463	5,463	5,463	5,425
Working Capital	585.08	586.89	548.12	597.26	627.28	285.46
Book Value Per Share	0.12	0.12	0.14	0.14	0.15	0.15
Tangible Book Value	651.48	674.98	740.66	751.66	813.68	811.89
Tangible Book Value Per Share	0.12	0.12	0.14	0.14	0.15	0.15
Land	-	97.39	92.35	92.27	96.33	97.85
Buildings	-	257.87	234.99	228.42	225.52	223.32
Machinery	-	470.82	470.83	470.04	470.22	467.68
Construction In Progress	-	6.53	39.11	8	2.71	0.22

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