Taiwan Navigation 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	651.35	772.04	523.84	791.12	330.99	325.35
Short-Term Investments	2,366	3,172	2,380	3,516	6,015	1,058
Cash & Short-Term Investments	3,017	3,944	2,904	4,307	6,346	1,384
Cash Growth	-5.04%	35.82%	-32.57%	-32.13%	358.68%	0.29%
Accounts Receivable	149.78	149.31	191.68	59.98	57.55	111.08
Other Receivables	-	-	-	-	88.15	-
Receivables	149.78	149.31	191.68	59.98	145.7	111.08
Prepaid Expenses	141.17	162.24	143.34	145.26	117.9	98.68
Other Current Assets	6.1	5.47	115.7	8.52	369.97	448.93
Total Current Assets	3,314	4,261	3,355	4,521	6,980	2,042
Property, Plant & Equipment	18,793	20,714	17,224	16,541	12,978	9,448
Long-Term Investments	385.32	320.86	300.84	251.09	329.71	901.95
Long-Term Accounts Receivable	1,247	1,280	1,325	62.34	-	-
Long-Term Deferred Tax Assets	0.2	0.29	1.94	0.41	7.72	18.41
Other Long-Term Assets	1,810	1,394	2,349	3,248	2,987	4,315
Total Assets	25,580	27,970	24,555	24,624	23,282	16,725
Accounts Payable	226.99	255.19	162.79	221.16	123.78	80.49
Short-Term Debt	1,014	1,214	628.3	214.97	918.76	900
Current Portion of Long-Term Debt	112.86	121.02	-	882.91	-	76.37
Current Income Taxes Payable	213.8	154.04	401.97	117.49	75.41	91.4
Current Unearned Revenue	-	-	-	-	-	7.47
Other Current Liabilities	264.08	307.66	328.14	325.52	232.64	212.31
Total Current Liabilities	1,832	2,052	1,521	1,762	1,351	1,368
Long-Term Debt	5,718	6,581	5,926	6,210	5,532	4,029
Long-Term Unearned Revenue	-	-	-	-	-	113.23
Pension & Post-Retirement Benefits	23.48	23.27	30.25	51.53	59.09	62.52
Long-Term Deferred Tax Liabilities	263.93	263.78	263.78	338.79	342.72	353.66
Other Long-Term Liabilities	763.79	798.15	844.97	549.46	359.52	15.77
Total Liabilities	8,601	9,718	8,586	8,912	7,644	5,942
Common Stock	4,173	4,173	4,173	4,173	4,173	4,173
Additional Paid-In Capital	334.38	334.38	334.38	334.38	334.38	334.38
Retained Earnings	10,734	10,360	9,733	8,983	7,640	6,191
Comprehensive Income & Other	1,738	3,385	1,729	2,221	3,490	85.4
Shareholders' Equity	16,979	18,252	15,969	15,711	15,638	10,783
Total Liabilities & Equity	25,580	27,970	24,555	24,624	23,282	16,725
Total Debt	6,844	7,916	6,554	7,308	6,451	5,005
Net Cash (Debt)	-3,827	-3,972	-3,650	-3,001	-104.52	-3,622
Net Cash Per Share	-9.16	-9.50	-8.73	-7.18	-0.25	-8.67
Filing Date Shares Outstanding	417.29	417.29	417.29	417.29	417.29	417.29
Total Common Shares Outstanding	417.29	417.29	417.29	417.29	417.29	417.29
Working Capital	1,482	2,209	1,834	2,759	5,629	674.23
Book Value Per Share	40.69	43.74	38.27	37.65	37.47	25.84
Tangible Book Value	16,949	18,252	15,969	15,711	15,638	10,783
Tangible Book Value Per Share	40.62	43.74	38.27	37.65	37.47	25.84
Land	191.1	191.1	191.1	191.1	191.1	191.1
Buildings	104.89	104.89	89.22	89.22	89.22	89.22
Machinery	2,489	2,488	2,475	1,559	1,560	1,559

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