Taiwan Fertilizer Balance Sheet

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

Millions TWD. 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	2,707	1,950	4,088	4,329	2,700	2,535
Short-Term Investments	766.23	670.33	686.77	667.52	573.53	127.06
Trading Asset Securities	960.99	1,016	415.24	80.03	80	60.01
Cash & Short-Term Investments	4,434	3,636	5,190	5,076	3,353	2,722
Cash Growth	8.23%	-29.95%	2.24%	51.38%	23.20%	-50.88%
Accounts Receivable	1,200	1,036	921.28	835.87	1,032	1,935
Other Receivables	600.13	206.59	181.64	782.74	1,351	11.33
Receivables	1,800	1,243	1,103	1,619	2,383	1,946
Inventory	2,996	3,150	2,832	2,585	3,182	2,711
Prepaid Expenses	475.16	457.53	61.17	530.69	869.24	207.55
Other Current Assets	40.23	26.8	28.43	16.38	13.06	249.34
Total Current Assets	9,745	8,513	9,214	9,827	9,801	7,836
Property, Plant & Equipment	12,716	13,081	13,614	13,516	14,454	15,244
Long-Term Investments	13,943	13,804	13,947	13,172	12,831	14,264
Goodwill	-	-	-	75.02	75.02	75.02
Other Intangible Assets	7.49	7.85	40.5	43.4	46.05	49.58
Long-Term Accounts Receivable	19.59	20.82	23.3	57.22	65.56	84.13
Long-Term Deferred Tax Assets	392.73	384.13	275.42	347.96	247.95	391.92
Other Long-Term Assets	46,339	45,713	43,992	44,488	43,232	41,399
Total Assets	83,163	81,525	81,107	81,526	80,752	79,343

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	356.27	321.26	290.54	393.23	890.87	2,318
Short-Term Debt	-	-	-	-	-	20
Current Portion of Leases	14.81	35.32	43.57	39.64	38.86	38.63
Current Income Taxes Payable	109.26	242.84	117.51	605.31	703.39	133.12
Current Unearned Revenue	813.77	560.85	550.79	549.68	619.75	553.62
Other Current Liabilities	2,967	1,515	773.17	1,143	917.97	864.32
Total Current Liabilities	4,261	2,676	1,776	2,730	3,171	3,928
Long-Term Debt	2,015	500	-	-	-	-
Long-Term Leases	0.77	1.37	38.44	74.77	114.41	153.27
Long-Term Unearned Revenue	15,941	16,193	15,659	16,078	16,497	14,257
Pension & Post-Retirement Benefits	33.36	40.86	87.37	107.61	112.66	136.61
Long-Term Deferred Tax Liabilities	7,058	6,954	6,896	6,794	6,969	7,450
Other Long-Term Liabilities	901.29	885.24	960.91	1,001	828.26	790.77
Total Liabilities	30,210	27,250	25,418	26,786	27,691	26,715

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	9,800	9,800	9,800	9,800	9,800	9,800
Additional Paid-In Capital	2,246	2,246	2,245	2,245	2,245	2,245
Retained Earnings	36,622	38,163	39,194	39,756	38,304	38,367
Comprehensive Income & Other	4,285	4,065	4,450	2,938	2,712	2,216
Shareholders' Equity	52,953	54,275	55,689	54,740	53,061	52,628
Total Liabilities & Equity	83,163	81,525	81,107	81,526	80,752	79,343

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	2,031	536.69	82.01	114.41	153.27	211.89
Net Cash (Debt)	2,403	3,099	5,108	4,962	3,200	2,510
Net Cash Growth	-40.42%	-39.33%	2.95%	55.06%	27.50%	-52.89%
Net Cash Per Share	2.45	3.16	5.21	5.05	3.26	2.56
Filing Date Shares Outstanding	980	980	980	980	980	980
Total Common Shares Outstanding	980	980	980	980	980	980
Working Capital	5,485	5,838	7,439	7,096	6,630	3,908
Book Value Per Share	54.03	55.38	56.83	55.86	54.14	53.70
Tangible Book Value	52,945	54,267	55,649	54,621	52,940	52,503
Tangible Book Value Per Share	54.03	55.37	56.78	55.74	54.02	53.57
Land	3,638	3,638	3,638	3,638	3,638	3,639
Buildings	5,177	5,169	5,112	4,694	4,925	4,953
Machinery	13,130	13,051	12,639	12,306	12,375	12,252
Construction In Progress	1,042	1,037	1,102	963.58	334.08	308.09