SBS Transit 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	Mar '26 Mar 31, 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	-	384.32	384.99	371.97	345.3	204.03
Cash & Short-Term Investments	476.42	384.32	384.99	371.97	345.3	204.03
Cash Growth	23.60%	-0.17%	3.50%	7.72%	69.24%	138.47%
Accounts Receivable	-	233.74	229.39	196.86	155.15	179.38
Other Receivables	-	89.83	86.61	72.24	76.38	54.39
Receivables	-	323.57	316.01	269.1	231.53	233.77
Inventory	-	126.78	133.78	119.88	102.65	101.48
Prepaid Expenses	-	20.85	31.76	33.53	28.12	17.76
Other Current Assets	474.07	2.13	2.01	1.85	1.49	1.85
Total Current Assets	950.49	857.64	868.54	796.32	709.09	558.89
Property, Plant & Equipment	-	220.22	271.95	353.55	480.87	563.2
Long-Term Deferred Tax Assets	-	15.16	20.18	20.86	20.75	27.07
Other Long-Term Assets	220.96	-	-	1.48	0.49	4.63
Total Assets	1,171	1,093	1,161	1,172	1,211	1,154
Accounts Payable	-	1.74	6.64	6.26	6.96	8.93
Accrued Expenses	-	227.25	206.23	242.33	268.62	228.17
Current Portion of Leases	-	8.61	12.13	10.52	11.12	11.13
Current Income Taxes Payable	-	16.71	23.75	28.29	36.26	33.88
Current Unearned Revenue	-	3.57	3.28	2.91	3.16	2.84
Other Current Liabilities	412.41	91.3	118.4	121.99	96.17	98.46
Total Current Liabilities	412.41	349.17	370.42	412.3	422.29	383.41
Long-Term Leases	-	3.13	5.58	8.79	68.01	80.48
Long-Term Unearned Revenue	-	2.82	3.73	4.06	4.35	4.77
Long-Term Deferred Tax Liabilities	-	13.08	17.99	22.42	26.62	44.62
Other Long-Term Liabilities	58.94	42.22	43.47	42.53	43.61	38.94
Total Liabilities	471.35	410.42	441.19	490.11	564.87	552.22
Common Stock	102.44	102.44	101.44	100.78	100.5	100.5
Retained Earnings	592.94	577.35	616.21	540.44	505.75	460.32
Comprehensive Income & Other	3.72	2.07	1.83	40.86	40.07	40.75
Total Common Equity	699.1	681.86	719.47	682.08	646.32	601.57
Minority Interest	1	0.75	-	-	-	-
Shareholders' Equity	700.1	682.6	719.47	682.08	646.32	601.57
Total Liabilities & Equity	1,171	1,093	1,161	1,172	1,211	1,154
Total Debt	-	11.74	17.71	19.31	79.12	91.61
Net Cash (Debt)	476.42	372.58	367.28	352.66	266.18	112.42
Net Cash Growth	23.60%	1.44%	4.15%	32.49%	136.77%	-
Net Cash Per Share	1.52	1.19	1.17	1.13	0.85	0.36
Filing Date Shares Outstanding	312.58	312.58	312.2	311.97	311.86	311.86
Total Common Shares Outstanding	312.58	312.58	312.21	311.97	311.86	311.86
Working Capital	538.08	508.47	498.12	384.02	286.8	175.48
Book Value Per Share	2.24	2.18	2.30	2.19	2.07	1.93
Tangible Book Value	699.1	681.86	719.47	682.08	646.32	601.57
Tangible Book Value Per Share	2.24	2.18	2.30	2.19	2.07	1.93
Land	-	-	-	46.88	46.68	46.93
Machinery	-	1,073	1,098	1,099	1,101	1,102
Construction In Progress	-	10.27	7.48	3.77	7.82	4.83
Leasehold Improvements	-	68	71.01	68.64	68.02	67.35

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