Progen 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	0.62	1.11	2.02	0.36	0.58
Short-Term Investments	7.29	7.14	5.43	0.03	0.04
Trading Asset Securities	0.12	0.08	0.06	0.06	0.07
Cash & Short-Term Investments	8.02	8.32	7.51	0.45	0.69
Cash Growth	-3.57%	10.83%	1575.89%	-35.17%	16.13%
Accounts Receivable	1.46	1.31	0.98	1.25	0.7
Other Receivables	0.12	0.16	0.14	0.89	0.02
Receivables	1.58	1.46	1.13	10.77	0.72
Inventory	0.14	0.13	0.17	0.21	0.14
Prepaid Expenses	0.07	0.06	0.05	0.05	0.05
Total Current Assets	9.81	9.97	8.86	11.48	1.61
Property, Plant & Equipment	18.77	19.59	20.31	20.64	20.1
Long-Term Investments	2.56	0.56	1.49	1.36	-
Other Intangible Assets	-	-	-	-	0.03
Long-Term Deferred Tax Assets	0.03	0.03	0.03	0.03	0.05
Other Long-Term Assets	-	2	2	2	2.64
Total Assets	31.18	32.16	32.69	35.52	33.05
Accounts Payable	0.39	0.54	0.5	0.85	0.55
Accrued Expenses	-	2.25	1.39	1.39	1.03
Short-Term Debt	-	-	-	1.75	1.4
Current Portion of Leases	0.04	0.04	0.04	0.03	0.03
Current Income Taxes Payable	0.01	0.01	0.01	0.01	0.01
Current Unearned Revenue	0.38	0.29	1.18	0.58	1.6
Other Current Liabilities	3.64	1.6	1.49	1.72	0.93
Total Current Liabilities	4.45	4.72	4.59	6.33	5.54
Long-Term Leases	1.73	1.78	1.75	1.69	1.64
Total Liabilities	6.19	6.5	6.34	8.02	7.18
Common Stock	32.39	32.39	32.39	32.39	32.39
Retained Earnings	-7.4	-6.71	-5.99	-4.88	-6.53
Comprehensive Income & Other	-0	-0.02	-0.05	-0.02	0.01
Shareholders' Equity	24.99	25.66	26.35	27.49	25.88
Total Liabilities & Equity	31.18	32.16	32.69	35.52	33.05
Total Debt	1.78	1.82	1.79	3.48	3.07
Net Cash (Debt)	6.25	6.51	5.72	-3.03	-2.38
Net Cash Growth	-3.95%	13.66%	-	-	-
Net Cash Per Share	0.02	0.02	0.01	-0.01	-0.01
Filing Date Shares Outstanding	390.51	390.51	390.51	390.51	390.51
Total Common Shares Outstanding	390.51	390.51	390.51	390.51	390.51
Working Capital	5.36	5.25	4.27	5.15	-3.93
Book Value Per Share	0.06	0.07	0.07	0.07	0.07
Tangible Book Value	24.99	25.66	26.35	27.49	25.85
Tangible Book Value Per Share	0.06	0.07	0.07	0.07	0.07
Buildings	18	18	18	-	-
Machinery	1.57	1.57	1.53	1.56	1.46

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