United Renewable Energy Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,121	6,780	4,475	4,755	5,254
Short-Term Investments	102.09	115.92	2,379	1,232	1,036
Trading Asset Securities	248.98	262.03	-	-	-
Cash & Short-Term Investments	5,472	7,158	6,854	5,988	6,290
Cash Growth	-23.56%	4.43%	14.47%	-4.81%	1.84%
Accounts Receivable	589.19	864.3	1,231	2,883	2,312
Other Receivables	409.41	378.6	-	-	549.66
Receivables	998.61	1,243	1,231	2,883	2,862
Inventory	1,093	1,373	1,680	4,377	2,654
Prepaid Expenses	144.43	95.66	143.98	1,663	1,150
Other Current Assets	311	827.12	416.28	954.4	2,431
Total Current Assets	8,019	10,697	10,325	15,865	15,386
Property, Plant & Equipment	10,772	11,358	12,948	11,533	8,645
Long-Term Investments	1,369	1,448	867.23	755.94	545.26
Goodwill	42.2	42.2	-	-	-
Other Intangible Assets	17.22	3.36	2.96	3.25	4.8
Long-Term Deferred Tax Assets	138.17	143.02	414.18	649.1	629.45
Other Long-Term Assets	3,690	3,942	4,182	5,446	6,005
Total Assets	24,047	27,633	28,740	34,253	31,215
Accounts Payable	359.9	722.6	668.8	1,194	1,356
Accrued Expenses	322.72	707.51	-	-	-
Short-Term Debt	669.16	95.79	434.22	1,995	271.64
Current Portion of Long-Term Debt	6,741	3,416	5,879	2,847	2,447
Current Portion of Leases	109.72	108.44	114.02	95.53	59.06
Current Income Taxes Payable	1.23	0.64	-	-	-
Current Unearned Revenue	320.08	488.83	580.68	381.1	506.67
Other Current Liabilities	569.23	1,528	1,601	1,834	3,337
Total Current Liabilities	9,093	7,068	9,278	8,346	7,977
Long-Term Debt	2,244	6,813	4,098	6,963	6,483
Long-Term Leases	1,715	1,820	1,716	1,377	560.06
Long-Term Deferred Tax Liabilities	44.63	49.18	-	-	-
Other Long-Term Liabilities	533.17	559.79	542.7	470.72	363.6
Total Liabilities	13,630	16,310	15,635	17,156	15,383
Common Stock	16,278	16,278	16,278	16,278	16,278
Additional Paid-In Capital	1.87	413.19	211.41	187.7	999.75
Retained Earnings	-6,080	-5,807	-3,672	354.73	-1,461
Treasury Stock	-18.7	-18.7	-18.7	-18.7	-18.7
Comprehensive Income & Other	202.52	424.63	-47.66	-345.03	-667.16
Total Common Equity	10,384	11,290	12,751	16,457	15,131
Minority Interest	33.02	33.12	354.26	639.82	701.78
Shareholders' Equity	10,417	11,323	13,105	17,096	15,832
Total Liabilities & Equity	24,047	27,633	28,740	34,253	31,215
Total Debt	11,479	12,253	12,241	13,277	9,820
Net Cash (Debt)	-6,007	-5,095	-5,387	-7,289	-3,530
Net Cash Per Share	-3.69	-3.13	-3.31	-4.11	-2.31
Filing Date Shares Outstanding	1,627	1,627	1,627	1,609	1,628
Total Common Shares Outstanding	1,627	1,627	1,627	1,609	1,628
Working Capital	-1,075	3,629	1,047	7,519	7,410
Book Value Per Share	6.38	6.94	7.84	10.23	9.30
Tangible Book Value	10,324	11,245	12,748	16,453	15,126
Tangible Book Value Per Share	6.35	6.91	7.84	10.23	9.29
Land	773.19	769.91	764.84	764.28	759.14
Buildings	4,495	4,533	4,508	4,505	4,479
Machinery	15,429	15,973	24,601	22,650	24,195
Construction In Progress	473.04	260.28	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.