Banyan Tree Holdings 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	110.84	115.43	130.7	92.8	112.33
Short-Term Investments	1.82	1.32	1.36	73.25	72.37
Trading Asset Securities	-	-	-	-	2.01
Cash & Short-Term Investments	112.66	116.75	132.07	166.04	186.71
Cash Growth	-3.50%	-11.60%	-20.46%	-11.07%	248.80%
Accounts Receivable	109.97	86.52	83.13	75.48	57.66
Other Receivables	17.29	17.05	11.69	21.08	43.5
Receivables	127.26	103.57	94.81	96.56	101.16
Inventory	345.6	256.22	193.92	190.72	215.44
Prepaid Expenses	8.64	9.1	8.81	6.3	4.76
Other Current Assets	7.34	8.35	11.38	4.58	3.8
Total Current Assets	601.5	493.99	440.98	464.19	511.86
Property, Plant & Equipment	928.71	897.12	853.36	572.81	585.39
Long-Term Investments	95.85	80.44	76.89	126.96	140.15
Goodwill	95.72	97.25	97.25	2.6	2.6
Other Intangible Assets	85.76	93.66	99.48	38.16	36.77
Long-Term Accounts Receivable	53.83	27.76	19.6	17.29	22.44
Long-Term Deferred Tax Assets	54.84	39.79	31.01	29.37	21.04
Long-Term Deferred Charges	7.98	7.25	7.42	-	-
Other Long-Term Assets	88.36	102.21	89.07	105.93	103.28
Total Assets	2,013	1,839	1,732	1,357	1,424
Accounts Payable	42.23	31.64	33.64	24.83	22.1
Accrued Expenses	70.02	74.84	69.56	52.92	39.05
Short-Term Debt	-	-	-	96.84	96.84
Current Portion of Long-Term Debt	161.98	94.4	92.73	104.24	196.05
Current Portion of Leases	5.48	5.2	5.54	2.71	2.29
Current Income Taxes Payable	22.85	18.73	18.33	9.13	11.52
Current Unearned Revenue	212.4	199.53	129.85	95.04	69.29
Other Current Liabilities	18.69	36.63	25.83	10.7	27
Total Current Liabilities	533.64	460.98	375.48	396.4	464.13
Long-Term Debt	258.27	232.79	260.13	233.11	233.17
Long-Term Leases	62.83	71.6	74.48	31.5	32.1
Pension & Post-Retirement Benefits	6.46	6.93	6.64	5.02	5.21
Long-Term Deferred Tax Liabilities	240.77	216.85	197.01	131.75	128.89
Other Long-Term Liabilities	19.29	19.36	53.06	26.41	21.99
Total Liabilities	1,121	1,009	966.8	824.17	885.5
Common Stock	250.67	250.67	250.67	250.67	247.58
Retained Earnings	170.86	138.66	106.07	67.87	65.43
Treasury Stock	-0.42	-0.55	-0.5	-0.62	-0.71
Comprehensive Income & Other	371.91	358.49	334.74	166.58	175.95
Total Common Equity	793.01	747.27	690.98	484.5	488.25
Minority Interest	98.28	83.68	73.97	48.65	49.84
Shareholders' Equity	891.29	830.95	764.94	533.15	538.09
Total Liabilities & Equity	2,013	1,839	1,732	1,357	1,424
Total Debt	488.56	404	432.88	468.38	560.45
Net Cash (Debt)	-375.9	-287.25	-300.81	-302.34	-373.75
Net Cash Per Share	-0.43	-0.33	-0.35	-0.32	-0.44
Filing Date Shares Outstanding	866.9	866.46	867.06	866.85	860.99
Total Common Shares Outstanding	866.9	866.62	867.06	866.85	857.58
Working Capital	67.86	33.01	65.5	67.8	47.73
Book Value Per Share	0.91	0.86	0.80	0.56	0.57
Tangible Book Value	611.53	556.37	494.25	443.74	448.88
Tangible Book Value Per Share	0.71	0.64	0.57	0.51	0.52
Land	559.26	556.97	532.33	338.17	343.61
Buildings	292.33	257.73	188.67	260.16	299.87
Machinery	214.58	192.72	170.18	164.39	170.33
Construction In Progress	24.08	20.52	14.26	9.77	12.65
Leasehold Improvements	-	-	48.79	45.5	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.