Ipal S.A. Balance Sheet

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

Millions CLP. 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	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	10,280	16,445	13,960	13,686	11,452
Cash Growth	-37.49%	17.80%	2.00%	19.51%	37.40%
Accounts Receivable	25,805	10,572	9,527	4,454	4,889
Other Receivables	10,541	13,676	2,965	1,602	2,545
Receivables	36,346	24,248	12,493	6,056	7,434
Inventory	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	3,346	2,134	1,039	970.16	660.45
Total Current Assets	57,010	49,776	33,649	27,408	25,135
Property, Plant & Equipment	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
Other Intangible Assets	2,443	2,650	3,417	1,874	2,033
Long-Term Accounts Receivable	1,375	1,299	-	-	-
Long-Term Deferred Tax Assets	12,619	12,647	12,295	11,044	3,724
Other Long-Term Assets	112.11	121.74	112.71	81.37	99.85
Total Assets	99,092	92,830	77,694	70,211	65,783
Accounts Payable	7,735	7,175	6,547	6,138	3,712
Accrued Expenses	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	1,460	2,759	653.61	284.05	117.96
Other Current Liabilities	11,112	12,084	5,992	3,567	2,523
Total Current Liabilities	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	4,677	4,984	5,280	5,381	8.39
Other Long-Term Liabilities	2,404	1,854	1,886	818.2	849.23
Total Liabilities	57,341	54,888	50,898	44,227	33,791
Common Stock	3,657	3,657	3,657	3,657	3,657
Retained Earnings	36,194	33,278	25,466	24,480	30,200
Comprehensive Income & Other	-851.05	-851.05	-851.05	-851.05	-851.05
Total Common Equity	39,000	36,084	28,272	27,287	33,006
Minority Interest	2,751	1,858	-1,475	-1,303	-1,014
Shareholders' Equity	41,752	37,943	26,796	25,984	31,992
Total Liabilities & Equity	99,092	92,830	77,694	70,211	65,783
Total Debt	15,148	10,511	21,414	20,690	19,820
Net Cash (Debt)	-4,868	5,934	-7,454	-7,004	-8,368
Net Cash Per Share	-442.79	539.75	-678.04	-637.15	-761.18
Filing Date Shares Outstanding	10.99	10.99	10.99	10.99	10.99
Total Common Shares Outstanding	10.99	10.99	10.99	10.99	10.99
Working Capital	22,735	14,702	12,400	11,580	10,534
Book Value Per Share	3547.67	3282.42	2571.74	2482.12	3002.37
Tangible Book Value	36,414	33,292	24,712	25,270	30,829
Tangible Book Value Per Share	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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.