Gallant Venture Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	119.65	117.83	109.14	127.79	134.08
Accounts Receivable	60.76	59.92	46.67	45.13	43.91
Inventory	624.46	610.36	609.22	606.28	604.96
Total Current Assets	804.87	788.11	765.02	779.2	782.95
Property, Plant & Equipment	333.48	155.5	167.47	142.53	138.12
Goodwill	23.36	-	-	-	-
Other Intangible Assets	3.35	2.97	0.11	0.12	0.19
Long-Term Investments	301.51	371.46	368.96	358.5	389.35
Long-Term Deferred Tax Assets	0.84	1.08	1.22	1.39	1.63
Long-Term Accounts Receivable	-	0.07	0.16	0.24	0.09
Other Long-Term Assets	561.86	147.8	96.55	96.6	97.47
Total Assets	2,029	1,467	1,399	1,379	1,410
Accounts Payable	26.5	10.08	7.23	6.26	6.22
Accrued Expenses	29.93	29.58	19.52	18.26	17.35
Current Portion of Long-Term Debt	506.44	47.07	71.17	47.05	23.01
Current Unearned Revenue	16.84	15.82	6.76	4.23	3.39
Current Portion of Leases	6.92	4.56	5.46	5.13	1.11
Current Income Taxes Payable	9.3	4.36	7.77	7.48	8.47
Other Current Liabilities	143.73	89.74	98.98	93.53	96.13
Total Current Liabilities	739.66	201.22	216.9	181.93	155.67
Long-Term Debt	-	461.22	311.18	328.73	362.39
Long-Term Leases	6.49	1.82	5.06	9.29	2.88
Long-Term Unearned Revenue	66.59	63.78	73.52	56.15	21.44
Pension & Post-Retirement Benefits	11.35	11.09	10.69	11.74	15.88
Long-Term Deferred Tax Liabilities	2.35	1.87	2.04	2.24	2.38
Other Long-Term Liabilities	593.26	38.77	32.37	29.67	28.09
Total Liabilities	1,420	779.77	651.75	619.76	588.72
Common Stock	1,963	1,963	1,963	1,963	1,963
Retained Earnings	-1,327	-1,338	-1,291	-1,277	-1,263
Treasury Stock	-0.05	-0.05	-0.05	-0.05	-0.05
Comprehensive Income & Other	-17.19	52.57	68.7	64.89	113.36
Total Common Equity	618.84	677.95	740.77	751.78	813.86
Minority Interest	-9.27	9.27	6.96	7.05	7.21
Shareholders' Equity	609.57	687.22	747.73	758.84	821.07
Total Liabilities & Equity	2,029	1,467	1,399	1,379	1,410
Total Debt	519.84	514.67	392.87	390.2	389.39
Net Cash (Debt)	-400.19	-396.84	-283.74	-262.41	-255.31
Net Cash Per Share	-0.07	-0.07	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	5,463	5,463	5,463	5,463	5,463
Total Common Shares Outstanding	5,463	5,463	5,463	5,463	5,463
Working Capital	65.21	586.89	548.12	597.26	627.28
Book Value Per Share	0.11	0.12	0.14	0.14	0.15
Tangible Book Value	592.13	674.98	740.66	751.66	813.68
Tangible Book Value Per Share	0.11	0.12	0.14	0.14	0.15
Land	97.42	97.39	92.35	92.27	96.33
Buildings	265.59	257.87	234.99	228.42	225.52
Machinery	484.77	470.82	470.83	470.04	470.22
Construction In Progress	159.97	6.53	39.11	8	2.71