Vetnostrum Animal Health 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	121.93	96.45	103.91	91.6
Short-Term Investments	292.86	10	-	-
Cash & Short-Term Investments	414.79	106.45	103.91	91.6
Cash Growth	289.64%	2.45%	13.44%	-
Accounts Receivable	247.61	245.59	218.31	232.96
Other Receivables	0.4	-	2.98	2.77
Receivables	248	245.59	221.29	235.74
Inventory	322.87	395.7	339.51	353.23
Prepaid Expenses	-	-	13.05	35.75
Other Current Assets	7.18	9.51	0.15	0.43
Total Current Assets	992.83	757.25	677.9	716.74
Property, Plant & Equipment	637.17	666.32	692.23	749.04
Long-Term Investments	25.34	-	-	-
Other Intangible Assets	0.03	0.23	0.44	0.66
Long-Term Deferred Tax Assets	4.74	4.27	3.98	3.9
Other Long-Term Assets	7.88	10.27	5.04	2.72
Total Assets	1,668	1,438	1,380	1,473
Accounts Payable	154.1	143.64	130.13	106.03
Accrued Expenses	68.91	-	-	-
Short-Term Debt	-	-	70	190
Current Portion of Leases	10.91	9.55	4.23	8.35
Current Income Taxes Payable	16.64	24.91	10.65	14.42
Other Current Liabilities	44.87	110.58	95.31	92.43
Total Current Liabilities	295.43	288.68	310.32	411.24
Long-Term Leases	14.01	14.16	2.5	4.61
Pension & Post-Retirement Benefits	5.09	4.84	-	-
Long-Term Deferred Tax Liabilities	0.74	0.17	-	-
Other Long-Term Liabilities	0.48	-	4.76	7.4
Total Liabilities	315.76	307.85	317.58	423.24
Common Stock	728.04	663.39	662.89	662.12
Additional Paid-In Capital	182.89	31.78	31.45	30.95
Retained Earnings	441.31	435.32	367.66	356.74
Shareholders' Equity	1,352	1,130	1,062	1,050
Total Liabilities & Equity	1,668	1,438	1,380	1,473
Total Debt	24.92	23.71	76.73	202.96
Net Cash (Debt)	389.86	82.75	27.18	-111.36
Net Cash Growth	371.15%	204.42%	-	-
Net Cash Per Share	5.50	1.25	0.41	-1.76
Filing Date Shares Outstanding	72.8	66.58	66.38	63.03
Total Common Shares Outstanding	72.8	66.58	66.38	63.03
Working Capital	697.4	468.57	367.58	305.5
Book Value Per Share	18.57	16.98	16.00	16.66
Tangible Book Value	1,352	1,130	1,062	1,049
Tangible Book Value Per Share	18.57	16.98	15.99	16.65
Land	212.41	212.41	-	-
Buildings	528.52	516.54	-	-
Machinery	543.9	545.39	-	-
Construction In Progress	17.99	5.77	-	-

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