Ipal S.A. Balance Sheet

Financials in millions CLP. Fiscal year is January - December.

Millions CLP. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	26,593	10,278	16,443	13,958	13,684	11,450
Short-Term Investments	-	2.1	2.1	2.1	2.1	2.1
Cash & Short-Term Investments	26,593	10,280	16,445	13,960	13,686	11,452
Cash Growth	71.38%	-37.49%	17.80%	2.00%	19.51%	37.40%
Accounts Receivable	12,830	25,805	10,572	9,527	4,454	4,889
Other Receivables	2,300	10,541	13,676	2,965	1,602	2,545
Receivables	15,130	36,346	24,248	12,493	6,056	7,434
Inventory	8,560	7,033	6,937	6,142	6,671	5,586
Prepaid Expenses	-	4.42	12.23	15.26	24.87	4.05
Other Current Assets	281.17	3,346	2,134	1,039	970.16	660.45
Total Current Assets	50,564	57,010	49,776	33,649	27,408	25,135
Property, Plant & Equipment	18,358	18,443	19,246	21,129	22,713	23,526
Long-Term Investments	-	6,948	6,948	6,948	6,948	11,122
Goodwill	142.84	142.84	142.84	142.84	142.84	142.84
Other Intangible Assets	2,095	2,443	2,650	3,417	1,874	2,033
Long-Term Accounts Receivable	1,433	1,375	1,299	-	-	-
Long-Term Deferred Tax Assets	13,564	12,619	12,647	12,295	11,044	3,724
Other Long-Term Assets	7,011	112.11	121.74	112.71	81.37	99.85
Total Assets	93,169	99,092	92,830	77,694	70,211	65,783

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	11,275	7,735	7,175	6,547	6,138	3,712
Accrued Expenses	11,958	8,575	12,500	7,618	5,215	6,070
Current Portion of Long-Term Debt	-	4,645	443.57	428.82	613.25	2,178
Current Portion of Leases	-	747.09	111.34	9.8	9.8	-
Current Income Taxes Payable	1,166	1,460	2,759	653.61	284.05	117.96
Other Current Liabilities	8,464	11,112	12,084	5,992	3,567	2,523
Total Current Liabilities	32,862	34,275	35,074	21,249	15,828	14,602
Long-Term Debt	-	9,595	9,789	20,968	20,053	17,642
Long-Term Leases	-	160.05	167.02	7.09	13.86	-
Pension & Post-Retirement Benefits	-	6,230	3,020	1,507	2,133	690.7
Long-Term Deferred Tax Liabilities	4,991	4,677	4,984	5,280	5,381	8.39
Other Long-Term Liabilities	10,226	2,404	1,854	1,886	818.2	849.23
Total Liabilities	48,079	57,341	54,888	50,898	44,227	33,791

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	3,657	3,657	3,657	3,657	3,657	3,657
Retained Earnings	39,046	36,194	33,278	25,466	24,480	30,200
Comprehensive Income & Other	-851.05	-851.05	-851.05	-851.05	-851.05	-851.05
Total Common Equity	41,853	39,000	36,084	28,272	27,287	33,006
Minority Interest	3,238	2,751	1,858	-1,475	-1,303	-1,014
Shareholders' Equity	45,091	41,752	37,943	26,796	25,984	31,992
Total Liabilities & Equity	93,169	99,092	92,830	77,694	70,211	65,783

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	-	15,148	10,511	21,414	20,690	19,820
Net Cash (Debt)	26,593	-4,868	5,934	-7,454	-7,004	-8,368
Net Cash Growth	555.59%	-	-	-	-	-
Net Cash Per Share	2419.01	-442.79	539.75	-678.04	-637.15	-761.18
Filing Date Shares Outstanding	12.37	10.99	10.99	10.99	10.99	10.99
Total Common Shares Outstanding	12.37	10.99	10.99	10.99	10.99	10.99
Working Capital	17,702	22,735	14,702	12,400	11,580	10,534
Book Value Per Share	3382.84	3547.67	3282.42	2571.74	2482.12	3002.37
Tangible Book Value	39,614	36,414	33,292	24,712	25,270	30,829
Tangible Book Value Per Share	3201.95	3312.44	3028.41	2247.94	2298.70	2804.40
Land	-	3,719	3,719	3,719	3,719	3,719
Buildings	-	15,910	14,572	14,635	14,634	14,634
Machinery	-	17,182	17,469	15,004	15,525	14,515
Construction In Progress	-	274.29	114.49	114.16	515.95	457.64