Taiwan Cogeneration 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	9,791	2,098	1,843	1,923	3,735	2,764
Short-Term Investments	2,213	485.52	489.82	733.96	-	-
Accounts Receivable	12,711	4,066	5,010	2,978	2,643	3,203
Other Receivables	688.47	126.65	446.87	149.59	139.64	116.77
Inventory	9.56	5.72	8.11	7.95	18.1	13.19
Prepaid Expenses	2.52	-	159.21	-	46.18	18.28
Other Current Assets	422.22	42.95	60.16	38.81	54.86	37.13
Total Current Assets	25,838	6,824	8,018	5,831	6,636	6,152
Property, Plant & Equipment	7,344	4,123	4,474	4,709	3,652	3,460
Goodwill	20.31	20.31	20.31	96.37	141.01	141.01
Other Intangible Assets	270.03	265.85	295.8	877.82	935.29	900.95
Long-Term Investments	7,215	18,365	14,090	14,271	13,282	13,026
Long-Term Deferred Tax Assets	546.77	341.54	253.11	232.3	188.01	197.17
Long-Term Accounts Receivable	35,172	0.77	-	0.85	11.33	21.65
Other Long-Term Assets	2,792	853.78	132.3	136.7	130.92	154.52
Total Assets	79,199	30,795	27,284	26,155	24,976	24,054
Accounts Payable	5,107	95.61	108.63	106.57	158.92	129.38
Accrued Expenses	552.17	287.91	245.25	186.75	221.95	129.08
Short-Term Debt	1,297	-	499.76	1,054	1,066	539.61
Current Portion of Long-Term Debt	2,051	227.72	2,121	161.47	947.39	115.69
Current Unearned Revenue	31.73	76.67	244.75	113.26	583.08	193.47
Current Portion of Leases	56.85	50.83	28.66	63.74	53.32	54.53
Current Income Taxes Payable	875.57	154.46	58.73	74.12	70.66	50.92
Other Current Liabilities	5,287	4,954	5,257	3,861	3,599	3,855
Total Current Liabilities	15,259	5,847	8,565	5,621	6,700	5,067
Long-Term Debt	33,159	8,269	2,487	4,089	5,625	6,244
Long-Term Leases	559.57	403.71	427.61	419.33	424.38	448.51
Long-Term Unearned Revenue	174.07	162.6	134.64	168.85	122.19	56.18
Pension & Post-Retirement Benefits	134.23	121.23	109.11	121.84	112.09	124.39
Long-Term Deferred Tax Liabilities	1,225	52.87	58.1	63.28	70.69	74.2
Other Long-Term Liabilities	163.06	162.67	118.7	84.36	71.46	60.87
Total Liabilities	50,674	15,020	11,900	10,567	13,126	12,076
Common Stock	7,303	7,303	7,303	7,303	5,890	5,890
Additional Paid-In Capital	2,903	2,785	2,622	2,622	499.69	499.69
Retained Earnings	7,278	5,735	5,491	5,534	5,317	5,430
Comprehensive Income & Other	-42.77	-47.82	-32.31	-9.19	-14.13	11.38
Total Common Equity	17,442	15,775	15,384	15,450	11,693	11,831
Minority Interest	11,083	-	-	138.09	156.83	146.59
Shareholders' Equity	28,525	15,775	15,384	15,588	11,850	11,978
Total Liabilities & Equity	79,199	30,795	27,284	26,155	24,976	24,054
Total Debt	37,124	8,952	5,564	5,788	8,116	7,403
Net Cash (Debt)	-25,120	-6,368	-3,231	-3,131	-4,382	-4,639
Net Cash Per Share	-34.32	-8.70	-4.42	-4.55	-6.94	-7.42
Filing Date Shares Outstanding	730.28	730.28	730.28	730.28	624.3	624.3
Total Common Shares Outstanding	730.28	730.28	730.28	730.28	624.3	624.3
Working Capital	10,580	976.98	-546.67	210.27	-64.23	1,085
Book Value Per Share	23.88	21.60	21.07	21.16	18.73	18.95
Tangible Book Value	17,151	15,489	15,068	14,475	10,617	10,790
Tangible Book Value Per Share	23.49	21.21	20.63	19.82	17.01	17.28
Land	599.15	277.72	277.72	277.72	264.64	264.64
Buildings	2,404	1,456	1,385	1,385	362.1	78.95
Machinery	12,841	7,262	7,204	7,213	6,823	6,002
Construction In Progress	240.32	73.6	180.15	17.3	82.18	721.24