Darco Water Technologies 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	9.8	7.96	12.84	19.83	23.43
Cash & Short-Term Investments	9.8	7.96	12.84	19.83	23.43
Cash Growth	23.23%	-38.05%	-35.23%	-15.38%	23.29%
Accounts Receivable	45.66	44.14	33.47	37.1	37.58
Other Receivables	3.67	1.69	1.53	2.08	2.09
Receivables	49.33	45.84	35.01	39.21	40.74
Inventory	2.1	2.06	2.41	3.54	4.54
Prepaid Expenses	-	0.21	0.25	0.81	0.37
Other Current Assets	1.25	1.57	1.89	4.85	3.87
Total Current Assets	62.48	57.62	52.4	68.24	72.95
Property, Plant & Equipment	3.85	6.14	5.7	5.49	6.23
Goodwill	0.91	0.91	0.91	0.91	0.91
Other Intangible Assets	12.63	13.88	14.39	10.89	1.81
Long-Term Deferred Tax Assets	0.82	0.83	0.84	0.87	0.97
Other Long-Term Assets	-	-	0	0.58	0.8
Total Assets	80.69	79.38	74.24	86.97	83.65
Accounts Payable	24.17	20.23	16.84	19.97	20.01
Accrued Expenses	-	2.54	2.15	2.29	1.62
Short-Term Debt	-	2.36	2.94	2.81	3.89
Current Portion of Long-Term Debt	7.02	2.26	0.07	0.06	0.12
Current Portion of Leases	0.51	0.54	0.38	0.23	0.29
Current Income Taxes Payable	0.01	0.01	0.01	0.34	0.42
Current Unearned Revenue	11.56	9.32	9.45	15.27	14.75
Other Current Liabilities	9.5	6.76	5.91	4.7	4.32
Total Current Liabilities	52.78	44	37.74	45.66	45.43
Long-Term Debt	-	0.64	2.87	0.77	0.88
Long-Term Leases	0.23	0.53	0.33	0.17	0.23
Long-Term Deferred Tax Liabilities	0.02	0.02	0.02	0.02	0
Other Long-Term Liabilities	3.86	3.94	3.69	3.36	-
Total Liabilities	56.89	49.13	44.65	49.97	46.54
Common Stock	76.77	76.77	76.77	76.77	76.77
Retained Earnings	-47.34	-41.88	-42.89	-37.47	-38.28
Comprehensive Income & Other	-5.02	-5.5	-5.76	-4.66	-3.68
Total Common Equity	24.41	29.38	28.12	34.64	34.81
Minority Interest	-0.61	0.87	1.47	2.36	2.31
Shareholders' Equity	23.79	30.25	29.59	37	37.11
Total Liabilities & Equity	80.69	79.38	74.24	86.97	83.65
Total Debt	7.76	6.31	6.58	4.04	5.41
Net Cash (Debt)	2.04	1.64	6.26	15.79	18.02
Net Cash Growth	24.29%	-73.77%	-60.33%	-12.36%	52.20%
Net Cash Per Share	0.02	0.02	0.07	0.17	0.19
Filing Date Shares Outstanding	93.83	93.83	93.83	93.83	93.83
Total Common Shares Outstanding	93.83	93.83	93.83	93.83	93.83
Working Capital	9.7	13.62	14.66	22.58	27.51
Book Value Per Share	0.26	0.31	0.30	0.37	0.37
Tangible Book Value	10.87	14.6	12.82	22.84	32.09
Tangible Book Value Per Share	0.12	0.16	0.14	0.24	0.34
Land	-	4.11	4.01	4.2	4.57
Buildings	-	0.83	0.79	0.83	0.89
Machinery	-	4.91	4.39	3.97	4
Construction In Progress	-	0.39	0.37	0.39	0.4

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