Adventus 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	3.65	2.69	4.79	6.12	4.77
Short-Term Investments	-	0.01	0.06	0.01	0
Cash & Short-Term Investments	3.65	2.69	4.84	6.12	4.78
Cash Growth	35.45%	-44.40%	-20.90%	28.19%	56.79%
Accounts Receivable	1.56	0.1	0.1	-	-
Other Receivables	-	1.05	0.66	0.67	0.01
Receivables	1.56	2.21	5.97	0.67	6.03
Inventory	0.01	0.05	0.06	-	-
Prepaid Expenses	-	0.04	0.04	0.07	0.03
Other Current Assets	-	0.18	1.4	1.4	0.06
Total Current Assets	5.22	5.18	12.31	8.26	10.89
Property, Plant & Equipment	37.73	43.38	43.89	73.83	65.29
Long-Term Deferred Tax Assets	1.28	1.31	1.35	1.35	1.06
Other Long-Term Assets	-	-	-	-	1.6
Total Assets	44.24	49.87	57.56	83.45	78.83
Accounts Payable	0.27	0.28	0.17	-	-
Accrued Expenses	1.42	1.3	1.18	1.06	1.61
Short-Term Debt	12.78	14.08	12.86	4.49	0.18
Current Portion of Long-Term Debt	1.75	1.47	26.99	7.16	3.67
Current Portion of Leases	-	-	0.02	0.02	0.02
Current Income Taxes Payable	-	-	0	-	-
Current Unearned Revenue	1.36	0.02	0.14	-	-
Other Current Liabilities	2.03	1.45	1.77	2.83	4.9
Total Current Liabilities	19.61	18.6	43.14	15.56	10.38
Long-Term Debt	21.83	25.02	1.13	44.07	41.68
Long-Term Leases	-	-	-	0.02	-
Other Long-Term Liabilities	0.01	0.01	0	0	0
Total Liabilities	41.44	43.63	44.27	59.65	52.07
Common Stock	56.98	55.5	55.5	55.5	52.41
Retained Earnings	-49.53	-45.36	-41.53	-37.81	-35.18
Comprehensive Income & Other	-0.46	-0.62	-0.5	-0.64	-3.84
Total Common Equity	6.99	9.52	13.47	17.05	13.39
Minority Interest	-4.2	-3.28	-0.18	6.75	13.38
Shareholders' Equity	2.79	6.24	13.29	23.8	26.76
Total Liabilities & Equity	44.24	49.87	57.56	83.45	78.83
Total Debt	36.36	40.57	41	55.76	45.56
Net Cash (Debt)	-32.71	-37.88	-36.16	-49.63	-40.78
Net Cash Per Share	-0.01	-0.02	-0.01	-0.02	-0.02
Filing Date Shares Outstanding	3,307	3,307	2,452	2,452	1,951
Total Common Shares Outstanding	3,307	2,452	2,452	2,452	1,951
Working Capital	-14.39	-13.42	-30.83	-7.29	0.51
Book Value Per Share	0.00	0.00	0.01	0.01	0.01
Tangible Book Value	6.99	9.52	13.47	17.05	13.39
Tangible Book Value Per Share	0.00	0.00	0.01	0.01	0.01
Land	-	10.14	10.32	-	-
Buildings	-	31.27	31.24	-	-
Machinery	-	4.79	3.21	0.11	0.12
Construction In Progress	-	0.02	0.04	72.26	63.61

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