Fraser and Neave Balance Sheet

Financials in millions SGD. Fiscal year is October - September.

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	334.66	299.41	245.77	259.62	233.51	404.02
Short-Term Investments	-	64.09	283.87	172.21	41.08	67.78
Cash & Short-Term Investments	334.66	363.5	529.64	431.83	274.59	471.8
Cash Growth	-29.01%	-31.37%	22.65%	57.27%	-41.80%	65.27%
Accounts Receivable	374.28	328.73	322.05	298.67	293.3	262.23
Other Receivables	88.88	18.84	84.09	88.66	32.15	32.89
Receivables	463.17	348.32	406.34	387.61	325.71	295.57
Inventory	327.63	315.62	332.3	324.7	387.21	297.58
Prepaid Expenses	-	9.5	8	8.1	6.66	6.87
Other Current Assets	45.94	116.25	59.73	11.95	72.4	5.97
Total Current Assets	1,171	1,153	1,336	1,164	1,067	1,078
Property, Plant & Equipment	1,176	1,154	1,009	946.43	811.33	760.02
Long-Term Investments	2,657	2,365	2,523	2,680	2,897	2,873
Goodwill	-	169.93	172.67	166.78	102.71	101.93
Other Intangible Assets	263.24	81.49	84.45	84.39	47.43	49.14
Long-Term Deferred Tax Assets	9.69	10.45	9.34	9.49	5.48	4.7
Long-Term Deferred Charges	-	11.24	11.2	13.43	17.17	19.67
Other Long-Term Assets	116.14	89.01	56.86	57.3	33.23	35.43
Total Assets	5,394	5,034	5,202	5,122	4,981	4,921
Accounts Payable	249.05	219.7	237.71	226.08	229.23	182.75
Accrued Expenses	-	157.44	159.18	134.6	130.25	125.14
Current Portion of Long-Term Debt	303.22	351.57	233.1	339.21	51.61	427.57
Current Portion of Leases	8.28	6.85	7.16	7.46	10.98	11.65
Current Income Taxes Payable	33.12	25.11	37.68	31.1	42.26	49.35
Current Unearned Revenue	-	39.55	46.5	35.66	34.15	26.35
Other Current Liabilities	264.76	62.87	74.77	60.51	42.73	43.43
Total Current Liabilities	858.43	863.1	796.1	834.62	541.19	866.23
Long-Term Debt	1,055	736.89	931.99	794.4	837.67	506.46
Long-Term Leases	31.84	30.37	27.63	31.53	35.39	36.54
Pension & Post-Retirement Benefits	13.97	13.74	12.49	12.15	12.74	15.76
Long-Term Deferred Tax Liabilities	56.97	53.11	46.27	46.36	33.39	28.44
Other Long-Term Liabilities	9.4	16.4	7.26	0.24	18.03	16.6
Total Liabilities	2,026	1,714	1,822	1,719	1,478	1,470
Common Stock	865.72	865.72	865.72	863.8	861.46	858.83
Retained Earnings	2,487	2,468	2,407	2,336	2,276	2,217
Treasury Stock	-1.25	-1.38	-0.94	-	-	-
Comprehensive Income & Other	-555.05	-560.28	-406.96	-252.55	-67.6	-56.47
Total Common Equity	2,797	2,772	2,865	2,947	3,070	3,019
Minority Interest	571.72	548.59	515.77	455.29	432.95	431.77
Shareholders' Equity	3,368	3,320	3,381	3,403	3,502	3,451
Total Liabilities & Equity	5,394	5,034	5,202	5,122	4,981	4,921
Total Debt	1,398	1,126	1,200	1,173	935.65	982.22
Net Cash (Debt)	-1,064	-762.19	-670.24	-740.77	-661.06	-510.42
Net Cash Per Share	-0.73	-0.52	-0.46	-0.51	-0.45	-0.35
Filing Date Shares Outstanding	1,456	1,455	1,455	1,455	1,454	1,452
Total Common Shares Outstanding	1,456	1,456	1,456	1,455	1,454	1,452
Working Capital	312.97	290.08	539.91	329.58	525.38	211.55
Book Value Per Share	1.92	1.90	1.97	2.03	2.11	2.08
Tangible Book Value	2,533	2,520	2,608	2,696	2,919	2,868
Tangible Book Value Per Share	1.74	1.73	1.79	1.85	2.01	1.98
Land	-	57.43	58.01	54.34	36.66	39.01
Buildings	-	537.16	452.98	426.66	411.14	332.65
Machinery	-	949.34	926.44	832.82	803.9	782.21
Construction In Progress	-	130.08	84.57	102.34	86.71	118.81

Source: S&P Global Market Intelligence. Standard template. Financial Sources.