Ares International Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	747.92	694.24	600.36	553.76	574.01	552.77
Short-Term Investments	263.46	262.46	270.5	393.5	312.48	276.94
Cash & Short-Term Investments	1,011	956.7	870.86	947.26	886.49	829.71
Cash Growth	17.57%	9.86%	-8.06%	6.86%	6.84%	-7.80%
Accounts Receivable	206.57	231.58	233.82	217.5	222.97	239.3
Other Receivables	3.76	3.47	3.49	3.84	2.44	1.85
Receivables	210.33	235.05	237.31	221.34	225.41	241.15
Prepaid Expenses	2.66	2.81	1.68	1.56	1.86	3.3
Other Current Assets	96.2	101.25	101.76	93.14	94.65	88.94
Total Current Assets	1,321	1,296	1,212	1,263	1,208	1,163
Property, Plant & Equipment	74.49	80.28	65.03	20.68	11.47	25.93
Long-Term Investments	149.67	139.66	139.1	136.19	146.76	110.32
Other Intangible Assets	0.17	0.21	0.46	0.77	0.2	0.54
Long-Term Deferred Tax Assets	15.77	15.91	21.5	30.91	32.7	27.6
Other Long-Term Assets	11.02	11	10.2	7.64	7.64	7.66
Total Assets	1,572	1,543	1,448	1,459	1,407	1,335
Accounts Payable	20.93	14.04	31.78	27.12	15.35	12.06
Accrued Expenses	112.01	162.13	145.74	151.31	146.06	135.26
Current Portion of Leases	16.79	19.17	6.24	14.94	4.82	16.23
Current Income Taxes Payable	20.72	16.46	11.43	16.68	33.37	18.78
Current Unearned Revenue	314.01	262.36	198.34	175.27	156.7	141.86
Other Current Liabilities	49.9	48.41	42.86	45.42	42.74	55.54
Total Current Liabilities	534.35	522.57	436.39	430.73	399.04	379.72
Long-Term Leases	0.43	2.93	5.28	1.72	2.15	4.73
Pension & Post-Retirement Benefits	64.36	69.2	82.87	113.05	128.84	131.82
Total Liabilities	599.14	594.7	524.54	545.5	530.03	516.27
Common Stock	472.54	472.54	472.54	472.54	472.54	472.54
Additional Paid-In Capital	156.5	156.5	160.8	156.96	158.76	142.88
Retained Earnings	342.75	319.4	291.07	284.73	246.32	207.07
Comprehensive Income & Other	-2.93	-3.99	-4.89	-3.94	-4.15	-7.34
Total Common Equity	968.86	944.45	919.53	910.29	873.47	815.14
Minority Interest	3.68	3.71	3.83	3.69	3.67	3.74
Shareholders' Equity	972.55	948.16	923.36	913.98	877.15	818.88
Total Liabilities & Equity	1,572	1,543	1,448	1,459	1,407	1,335
Total Debt	17.23	22.1	11.52	16.66	6.97	20.96
Net Cash (Debt)	994.16	934.6	859.34	930.6	879.52	808.75
Net Cash Growth	20.77%	8.76%	-7.66%	5.81%	8.75%	-9.73%
Net Cash Per Share	20.73	19.51	17.98	19.53	18.35	16.91
Filing Date Shares Outstanding	47.25	47.25	47.25	47.25	47.25	47.25
Total Common Shares Outstanding	47.25	47.25	47.25	47.25	47.25	47.25
Working Capital	786.23	773.24	775.22	832.57	809.37	783.38
Book Value Per Share	20.50	19.99	19.46	19.26	18.48	17.25
Tangible Book Value	968.69	944.24	919.07	909.52	873.27	814.6
Tangible Book Value Per Share	20.50	19.98	19.45	19.25	18.48	17.24
Land	30.39	30.39	30.39	-	-	-
Buildings	21.11	21.11	18.1	-	-	-
Machinery	24.56	24.52	19.62	27.39	25.77	24.05
Leasehold Improvements	6.18	6.14	5.81	4.68	4.68	5.72