TSG Star Travel 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	196.23	161.51	406.85	404.18	51.85
Short-Term Investments	0.3	130.3	0.3	0.3	0.3
Trading Asset Securities	69.6	86.55	-	-	-
Cash & Short-Term Investments	266.13	378.36	407.15	404.48	52.15
Cash Growth	-29.66%	-7.07%	0.66%	675.58%	77.45%
Accounts Receivable	9.2	17.33	19.38	10.74	0.82
Other Receivables	23.29	22.01	10.54	2.71	3.11
Receivables	32.49	39.34	29.92	13.45	3.93
Inventory	-	-	-	0.05	0.31
Prepaid Expenses	193.39	244.96	160.92	16.49	8.72
Other Current Assets	172.4	97	22	-	0.25
Total Current Assets	664.41	759.66	620	434.47	65.36
Property, Plant & Equipment	145.36	161.68	159.29	121.06	122.34
Long-Term Investments	247.8	220.9	127.05	-	-
Other Intangible Assets	0.03	0.06	-	-	0.14
Long-Term Deferred Tax Assets	1.25	1.21	0.88	0.52	0.58
Other Long-Term Assets	26.07	28.13	59.88	98.88	41.74
Total Assets	1,085	1,172	967.1	654.93	230.16
Accounts Payable	97.04	103.1	44.56	15.05	5.69
Accrued Expenses	14.66	16.89	20.7	7.98	9.47
Current Portion of Long-Term Debt	4.18	4.09	4.4	4.36	4.33
Current Portion of Leases	8.89	9.2	6.64	-	-
Current Income Taxes Payable	1.42	1.7	-	-	-
Current Unearned Revenue	166.48	226.6	157.22	19.65	9.96
Other Current Liabilities	2.13	2.27	7.63	12.47	3.78
Total Current Liabilities	294.8	363.85	241.14	59.51	33.22
Long-Term Debt	68.06	72.24	82.94	87.3	146.32
Long-Term Leases	14.23	22.96	23.91	-	-
Long-Term Deferred Tax Liabilities	-	-	0.26	-	-
Other Long-Term Liabilities	0.34	0.33	0.32	0.32	0.37
Total Liabilities	377.44	459.38	348.57	147.13	179.91
Common Stock	691.83	689.7	687.42	687.42	340.72
Additional Paid-In Capital	15.31	12.18	7.58	2.16	0.02
Retained Earnings	0.34	10.39	-76.47	-181.79	-290.5
Shareholders' Equity	707.48	712.27	618.53	507.8	50.25
Total Liabilities & Equity	1,085	1,172	967.1	654.93	230.16
Total Debt	95.36	108.48	117.88	91.66	150.65
Net Cash (Debt)	170.77	269.88	289.27	312.82	-98.49
Net Cash Growth	-36.73%	-6.70%	-7.53%	-	-
Net Cash Per Share	2.47	3.89	4.19	8.10	-5.44
Filing Date Shares Outstanding	69.18	68.97	68.74	68.74	18.74
Total Common Shares Outstanding	69.18	68.97	68.74	68.74	18.74
Working Capital	369.61	395.81	378.86	374.96	32.13
Book Value Per Share	10.23	10.33	9.00	7.39	2.68
Tangible Book Value	707.45	712.2	618.53	507.8	50.11
Tangible Book Value Per Share	10.23	10.33	9.00	7.39	2.67
Land	46.74	46.74	46.74	46.74	46.74
Buildings	77.3	77.3	77.3	77.3	77.3
Machinery	14.08	14.08	10.33	9.3	8.74
Leasehold Improvements	16	15.78	11.99	1.4	0.15

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