Avarga 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	82.13	200.62	172.09	99.82	88.26
Short-Term Investments	-	0.06	0.07	0.08	0.07
Cash & Short-Term Investments	82.13	200.67	172.17	99.89	88.33
Cash Growth	-59.07%	16.56%	72.36%	13.09%	361.79%
Accounts Receivable	108.77	130.86	129.63	134.03	165.29
Other Receivables	8.87	20.18	20.03	25.04	9.06
Receivables	117.63	151.05	149.66	159.07	174.35
Inventory	177.49	172.31	182.69	234.5	242.56
Prepaid Expenses	3.77	3.72	5.6	5.19	4.68
Other Current Assets	-	0.11	-	0.22	-
Total Current Assets	381.03	527.85	510.11	498.87	509.92
Property, Plant & Equipment	109.46	129.96	136.5	156.77	173.94
Long-Term Investments	18.18	11.37	11.21	0.22	0.61
Goodwill	19.84	30.73	31.38	31.47	33.01
Other Intangible Assets	0.15	11.55	13.33	18.51	24.2
Long-Term Accounts Receivable	-	-	-	11.89	17.86
Long-Term Deferred Tax Assets	1.76	5.17	5.41	8.07	8.46
Other Long-Term Assets	4.49	1.78	-	-	-
Total Assets	534.91	718.42	707.94	725.8	767.98
Accounts Payable	99.71	46.53	45.26	44.83	59.37
Accrued Expenses	-	78.16	77.36	99.18	108.76
Short-Term Debt	10.63	-	-	-	-
Current Portion of Long-Term Debt	-	10.11	26.74	31.02	53.87
Current Portion of Leases	6.36	5.83	5.67	5.56	5.73
Current Income Taxes Payable	-	-	0.04	0.28	33.65
Other Current Liabilities	0.34	5.94	6.24	6.09	1.89
Total Current Liabilities	117.02	146.56	161.31	186.96	263.26
Long-Term Debt	-	-	-	-	9.14
Long-Term Leases	80.59	86.76	89.58	91.42	100.01
Long-Term Unearned Revenue	1.77	1.9	2.12	2.22	2.51
Long-Term Deferred Tax Liabilities	4.42	7.34	6.74	12.44	15.81
Other Long-Term Liabilities	-	0.03	0.15	0.26	0.39
Total Liabilities	203.8	242.59	259.89	293.3	391.12
Common Stock	169.6	169.6	169.6	169.6	169.6
Retained Earnings	154.37	242.92	219.33	208.04	157.13
Treasury Stock	-12.13	-12.13	-12.13	-12.13	-12.12
Comprehensive Income & Other	-55.63	-46.18	-40.36	-36.46	-20.79
Total Common Equity	256.21	354.2	336.44	329.04	293.82
Minority Interest	74.9	121.63	111.61	103.47	83.05
Shareholders' Equity	331.11	475.83	448.05	432.51	376.86
Total Liabilities & Equity	534.91	718.42	707.94	725.8	767.98
Total Debt	97.57	102.69	121.99	128	168.75
Net Cash (Debt)	-15.44	97.98	50.17	-28.11	-80.42
Net Cash Growth	-	95.29%	-	-	-
Net Cash Per Share	-0.17	1.08	0.55	-0.31	-0.88
Filing Date Shares Outstanding	90.83	90.83	90.83	90.83	90.84
Total Common Shares Outstanding	90.83	90.83	90.83	90.83	90.84
Working Capital	264.01	381.3	348.8	311.92	246.66
Book Value Per Share	2.82	3.90	3.70	3.62	3.23
Tangible Book Value	236.21	311.92	291.73	279.07	236.62
Tangible Book Value Per Share	2.60	3.43	3.21	3.07	2.60
Land	-	150.92	147.7	145.06	152.46
Machinery	-	101.67	100.39	100.39	97
Construction In Progress	-	-	-	-	0.1

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