Taiwan Fertilizer Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,968	4,088	4,329	2,700	2,535	3,062
Short-Term Investments	437.66	686.77	667.52	573.53	127.06	1,179
Trading Asset Securities	415.54	415.24	80.03	80	60.01	1,300
Cash & Short-Term Investments	3,821	5,190	5,076	3,353	2,722	5,541
Cash Growth	-19.53%	2.24%	51.38%	23.20%	-50.88%	-33.92%
Accounts Receivable	1,456	921.28	835.87	1,032	1,935	778
Other Receivables	424.95	181.64	782.74	1,351	11.33	12.8
Receivables	1,880	1,103	1,619	2,383	1,946	790.8
Inventory	2,117	2,832	2,585	3,182	2,711	2,822
Prepaid Expenses	534.93	61.17	530.69	869.24	207.55	364.12
Other Current Assets	35.34	28.43	16.38	13.06	249.34	8.94
Total Current Assets	8,389	9,214	9,827	9,801	7,836	9,527
Property, Plant & Equipment	13,185	13,614	13,516	14,454	15,244	15,909
Long-Term Investments	13,813	13,947	13,172	12,831	14,264	12,217
Goodwill	-	-	75.02	75.02	75.02	75.02
Other Intangible Assets	42.96	40.5	43.4	46.05	49.58	47.62
Long-Term Accounts Receivable	21.44	23.3	57.22	65.56	84.13	115.4
Long-Term Deferred Tax Assets	504.28	275.42	347.96	247.95	391.92	325.88
Other Long-Term Assets	45,772	43,992	44,488	43,232	41,399	38,130
Total Assets	81,728	81,107	81,526	80,752	79,343	76,346
Accounts Payable	302.59	290.54	393.23	890.87	2,318	476.16
Short-Term Debt	1,600	-	-	-	20	20
Current Portion of Leases	45.23	43.57	39.64	38.86	38.63	32.47
Current Income Taxes Payable	165.53	117.51	605.31	703.39	133.12	71.63
Current Unearned Revenue	629.87	550.79	549.68	619.75	553.62	783.91
Other Current Liabilities	1,264	773.17	1,143	917.97	864.32	848.79
Total Current Liabilities	4,007	1,776	2,730	3,171	3,928	2,233
Long-Term Debt	80	-	-	-	-	-
Long-Term Leases	6.8	38.44	74.77	114.41	153.27	160.44
Long-Term Unearned Revenue	15,329	15,659	16,078	16,497	14,257	14,628
Pension & Post-Retirement Benefits	38.33	87.37	107.61	112.66	136.61	131.32
Long-Term Deferred Tax Liabilities	7,169	6,896	6,794	6,969	7,450	7,105
Other Long-Term Liabilities	943.85	960.91	1,001	828.26	790.77	780.25
Total Liabilities	27,574	25,418	26,786	27,691	26,715	25,037
Common Stock	9,800	9,800	9,800	9,800	9,800	9,800
Additional Paid-In Capital	2,246	2,245	2,245	2,245	2,245	2,245
Retained Earnings	38,326	39,194	39,756	38,304	38,367	37,613
Comprehensive Income & Other	3,782	4,450	2,938	2,712	2,216	1,651
Shareholders' Equity	54,155	55,689	54,740	53,061	52,628	51,309
Total Liabilities & Equity	81,728	81,107	81,526	80,752	79,343	76,346
Total Debt	1,732	82.01	114.41	153.27	211.89	212.91
Net Cash (Debt)	2,089	5,108	4,962	3,200	2,510	5,328
Net Cash Growth	-55.13%	2.95%	55.06%	27.50%	-52.89%	-34.45%
Net Cash Per Share	2.13	5.21	5.05	3.26	2.56	5.43
Filing Date Shares Outstanding	980	980	980	980	980	980
Total Common Shares Outstanding	980	980	980	980	980	980
Working Capital	4,382	7,439	7,096	6,630	3,908	7,294
Book Value Per Share	55.26	56.83	55.86	54.14	53.70	52.36
Tangible Book Value	54,112	55,649	54,621	52,940	52,503	51,186
Tangible Book Value Per Share	55.22	56.78	55.74	54.02	53.57	52.23
Land	3,638	3,638	3,638	3,638	3,639	3,639
Buildings	5,143	5,112	4,694	4,925	4,953	4,898
Machinery	12,816	12,639	12,306	12,375	12,252	12,082
Construction In Progress	1,150	1,102	963.58	334.08	308.09	220.02

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.