QAF Limited Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	204.76	214.06	209.4	215.68	216.79	88.71
Cash & Short-Term Investments	204.76	214.06	209.4	215.68	216.79	88.71
Cash Growth	8.56%	2.22%	-2.91%	-0.51%	144.40%	9.03%
Accounts Receivable	82.98	92.19	89.61	93.68	78.51	79.45
Other Receivables	21.24	15.2	13.48	14.48	16.13	24.68
Receivables	104.23	107.39	103.09	108.17	94.65	104.13
Inventory	45.72	57.58	58.23	54.01	54.33	50.9
Prepaid Expenses	-	2.9	3.35	2.65	6.99	7.19
Other Current Assets	-	2.06	5.91	7.58	1.71	307.93
Total Current Assets	354.7	383.99	379.98	388.08	374.47	558.86
Property, Plant & Equipment	208.32	218.63	231.52	230.36	222.61	239.81
Long-Term Investments	54.68	59.66	48.17	46.61	64.31	75.05
Other Intangible Assets	0.08	0.1	0.11	0.15	0.17	0.17
Long-Term Deferred Tax Assets	7.41	6.25	4.49	3.96	3.2	4.28
Total Assets	625.19	668.63	664.28	669.16	664.76	878.16
Accounts Payable	44.18	65.12	61.09	56.3	57.54	61.7
Accrued Expenses	-	34.2	37.67	39.52	37.17	36.42
Short-Term Debt	6.52	3.2	5.19	17.56	0.68	2.94
Current Portion of Long-Term Debt	-	1.56	4.72	6.03	6.02	4.53
Current Portion of Leases	3.27	2.34	3.68	2.18	3.37	3.33
Current Income Taxes Payable	4.78	4.81	4.51	4.63	2.6	3.24
Current Unearned Revenue	-	0.67	0.67	0.69	0.91	0.68
Other Current Liabilities	45.92	12.22	11.62	14.95	11.1	172.7
Total Current Liabilities	104.67	124.13	129.15	141.84	119.38	285.53
Long-Term Debt	-	-	1.7	6.42	14.15	25.57
Long-Term Leases	16.82	16.06	16.68	16.74	17.53	20.59
Long-Term Unearned Revenue	-	0.86	1.55	2.25	3.04	3.7
Pension & Post-Retirement Benefits	-	7.85	7.03	6.98	5.64	5.44
Long-Term Deferred Tax Liabilities	5.58	7.43	7.13	6.44	5.56	5
Other Long-Term Liabilities	8.61	-	-	-	-	-
Total Liabilities	135.68	156.33	163.24	180.68	165.3	345.83
Common Stock	277.04	277.04	277.04	277.04	277.04	277.04
Retained Earnings	238.84	259.94	249.03	243.19	245.41	267.66
Comprehensive Income & Other	-28.35	-26.7	-26.39	-33.38	-24.74	-14.15
Total Common Equity	487.53	510.29	499.68	486.85	497.71	530.55
Minority Interest	1.98	2.02	1.36	1.63	1.75	1.77
Shareholders' Equity	489.51	512.3	501.04	488.48	499.46	532.33
Total Liabilities & Equity	625.19	668.63	664.28	669.16	664.76	878.16
Total Debt	26.61	23.16	31.97	48.92	41.75	56.96
Net Cash (Debt)	178.15	190.9	177.44	166.75	175.04	31.75
Net Cash Growth	9.66%	7.59%	6.41%	-4.73%	451.31%	216.46%
Net Cash Per Share	0.31	0.33	0.31	0.29	0.30	0.06
Filing Date Shares Outstanding	575.27	575.27	575.27	575.27	575.27	575.27
Total Common Shares Outstanding	575.27	575.27	575.27	575.27	575.27	575.27
Working Capital	250.03	259.86	250.84	246.24	255.08	273.33
Book Value Per Share	0.85	0.89	0.87	0.85	0.87	0.92
Tangible Book Value	487.46	510.19	499.57	486.7	497.54	530.39
Tangible Book Value Per Share	0.85	0.89	0.87	0.85	0.86	0.92
Land	-	14.87	15.29	15.36	15.62	17.13
Buildings	-	8.77	8.58	8.81	9.04	9.7
Machinery	-	330.85	328.62	333.76	306.59	324.4
Construction In Progress	-	1.36	2.95	1.57	14.05	6.95
Leasehold Improvements	-	44.93	43.35	42.81	40.26	38.55