ZICO Holdings 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	3.84	3.44	4.73	5.17	5.88
Short-Term Investments	-	0.68	0.85	5.21	0.81
Cash & Short-Term Investments	3.84	4.12	5.58	10.38	6.68
Cash Growth	-6.68%	-26.23%	-46.26%	55.35%	36.42%
Accounts Receivable	7.43	5.94	6.34	9.14	9.89
Other Receivables	0.06	1.85	2.31	4.81	3.28
Receivables	7.49	7.79	8.65	13.95	13.17
Prepaid Expenses	0.34	0.46	0.59	0.9	0.2
Restricted Cash	-	0	0	0	0
Other Current Assets	5.04	0.84	0.74	1.22	0.99
Total Current Assets	16.7	13.2	15.56	26.46	21.05
Property, Plant & Equipment	1.57	2.24	3.23	3.66	1.28
Long-Term Investments	3.66	0.93	0.69	0.52	5.28
Goodwill	7.02	7.52	7.56	7.32	7.4
Other Intangible Assets	1.01	1.2	1.42	1.76	2.42
Long-Term Accounts Receivable	10.25	10.02	9.7	10.5	11.17
Long-Term Deferred Tax Assets	1.98	2.52	2.53	3.44	2.77
Other Long-Term Assets	-	2.66	3.58	3.82	3.76
Total Assets	42.2	42.1	45.93	59.47	57.23
Accounts Payable	2.5	0.63	0.58	0.61	0.59
Accrued Expenses	0.03	1.48	1.47	1.35	0.94
Short-Term Debt	5.41	8.2	7.29	9.26	10.66
Current Portion of Long-Term Debt	1.75	0.97	1.04	1.07	0.99
Current Portion of Leases	0.93	0.93	0.78	0.45	0.59
Current Income Taxes Payable	1.04	1.16	1.04	1.03	1.46
Current Unearned Revenue	0.96	1.25	1.11	1.17	0.77
Other Current Liabilities	-	1.34	0.88	4.66	3.23
Total Current Liabilities	12.64	15.95	14.18	19.58	19.24
Long-Term Debt	0.3	0.34	1.41	2.06	3.18
Long-Term Leases	0.54	1.07	2.06	2.58	0.08
Pension & Post-Retirement Benefits	-	0.01	-	0.06	0.09
Long-Term Deferred Tax Liabilities	0.14	0.17	0.2	0.23	0.23
Other Long-Term Liabilities	0.05	0.03	0.03	0.05	0.02
Total Liabilities	13.66	17.57	17.89	24.57	22.84
Common Stock	41.76	41.73	39.67	31.56	30.84
Retained Earnings	-5.32	-9.66	-3.84	2.28	3.01
Comprehensive Income & Other	-7.36	-7.47	-7.91	0.47	0.18
Total Common Equity	29.09	24.6	27.92	34.31	34.03
Minority Interest	-0.55	-0.08	0.12	0.59	0.36
Shareholders' Equity	28.54	24.53	28.05	34.9	34.39
Total Liabilities & Equity	42.2	42.1	45.93	59.47	57.23
Total Debt	8.94	11.51	12.59	15.41	15.51
Net Cash (Debt)	-5.09	-7.39	-7	-5.03	-8.82
Net Cash Per Share	-0.01	-0.02	-0.02	-0.01	-0.03
Filing Date Shares Outstanding	410.57	409.77	379.89	349.89	327.46
Total Common Shares Outstanding	410.57	409.77	379.89	349.46	327.04
Working Capital	4.07	-2.75	1.38	6.87	1.81
Book Value Per Share	0.07	0.06	0.07	0.10	0.10
Tangible Book Value	21.06	15.88	18.94	25.23	24.22
Tangible Book Value Per Share	0.05	0.04	0.05	0.07	0.07
Machinery	2.02	2.15	2.1	2.22	2.62
Leasehold Improvements	0.67	0.83	0.81	1.47	1.74

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