Taiwan Navigation 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	921.02	1,347	772.04	523.84	791.12	330.99
Short-Term Investments	2,035	2,090	3,172	2,380	3,516	6,015
Cash & Short-Term Investments	2,956	3,437	3,944	2,904	4,307	6,346
Cash Growth	-18.93%	-12.86%	35.82%	-32.57%	-32.13%	358.68%
Accounts Receivable	169.57	151.71	149.31	191.68	59.98	57.55
Other Receivables	-	-	-	-	-	88.15
Receivables	169.57	151.71	149.31	191.68	59.98	145.7
Prepaid Expenses	142.56	-	-	143.34	145.26	117.9
Other Current Assets	5.14	160.01	167.71	115.7	8.52	369.97
Total Current Assets	3,273	3,749	4,261	3,355	4,521	6,980
Property, Plant & Equipment	19,202	19,119	20,714	17,224	16,541	12,978
Long-Term Investments	492.84	427.02	320.86	300.84	251.09	329.71
Other Intangible Assets	47.58	33.87	19.3	-	-	-
Long-Term Accounts Receivable	1,224	1,235	1,280	1,325	62.34	-
Long-Term Deferred Tax Assets	0.2	2.17	0.29	1.94	0.41	7.72
Other Long-Term Assets	2,323	1,843	1,374	2,349	3,248	2,987
Total Assets	26,562	26,409	27,970	24,555	24,624	23,282
Accounts Payable	201.48	207.15	255.19	162.79	221.16	123.78
Short-Term Debt	1,017	1,003	1,214	628.3	214.97	918.76
Current Portion of Long-Term Debt	108.65	62.86	121.02	-	882.91	-
Current Income Taxes Payable	346.86	287.54	154.04	401.97	117.49	75.41
Other Current Liabilities	282.87	316.94	307.66	328.14	325.52	232.64
Total Current Liabilities	1,957	1,878	2,052	1,521	1,762	1,351
Long-Term Debt	5,282	5,647	6,581	5,926	6,210	5,532
Pension & Post-Retirement Benefits	28.17	27.78	23.27	30.25	51.53	59.09
Long-Term Deferred Tax Liabilities	263.95	263.89	263.78	263.78	338.79	342.72
Other Long-Term Liabilities	738.33	752.23	798.15	844.97	549.46	359.52
Total Liabilities	8,269	8,569	9,718	8,586	8,912	7,644
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	11,369	11,071	10,360	9,733	8,983	7,640
Comprehensive Income & Other	2,417	2,262	3,385	1,729	2,221	3,490
Shareholders' Equity	18,293	17,840	18,252	15,969	15,711	15,638
Total Liabilities & Equity	26,562	26,409	27,970	24,555	24,624	23,282
Total Debt	6,408	6,713	7,916	6,554	7,308	6,451
Net Cash (Debt)	-3,452	-3,276	-3,972	-3,650	-3,001	-104.52
Net Cash Per Share	-8.26	-7.84	-9.50	-8.73	-7.18	-0.25
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	1,316	1,871	2,209	1,834	2,759	5,629
Book Value Per Share	43.84	42.75	43.74	38.27	37.65	37.47
Tangible Book Value	18,245	17,806	18,233	15,969	15,711	15,638
Tangible Book Value Per Share	43.72	42.67	43.69	38.27	37.65	37.47
Land	191.1	191.1	191.1	191.1	191.1	191.1
Buildings	105.14	104.89	104.89	89.22	89.22	89.22
Machinery	2,487	2,486	2,488	2,475	1,559	1,560