Cipherlab 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	101.16	129.69	182.77	216.78	189.78
Short-Term Investments	2.5	-	-	-	-
Trading Asset Securities	47.01	9.76	-	-	-
Cash & Short-Term Investments	150.67	139.45	182.77	216.78	189.78
Cash Growth	8.04%	-23.70%	-15.69%	14.23%	21.02%
Accounts Receivable	194.82	189.35	178.58	233.93	239.12
Other Receivables	6.09	12.59	35.04	56.63	29.99
Receivables	200.91	201.94	213.63	290.56	269.11
Inventory	439.22	539.29	527.42	559.52	572.87
Prepaid Expenses	-	-	-	44.57	25.96
Other Current Assets	48.4	45.36	45.47	1.5	1.5
Total Current Assets	839.19	926.04	969.29	1,113	1,059
Property, Plant & Equipment	133.57	169.22	147.2	161.39	154.77
Other Intangible Assets	1.5	1.79	4.04	9.8	15.42
Long-Term Deferred Tax Assets	84.85	87.91	80.02	78.34	77.75
Other Long-Term Assets	13.72	8.69	7.64	10.24	10.56
Total Assets	1,073	1,194	1,208	1,373	1,318
Accounts Payable	43.29	59.23	121.13	107.94	133.54
Accrued Expenses	-	57.35	64.13	99.89	95.49
Short-Term Debt	168	130	80	160	182.34
Current Portion of Long-Term Debt	-	-	0.98	0.72	7.51
Current Portion of Leases	10.07	28	9.25	24.9	10.37
Current Income Taxes Payable	44.27	-	-	6.05	2.44
Current Unearned Revenue	-	63.27	47.84	43.58	18.67
Other Current Liabilities	86.63	38.42	37.15	29.99	21.91
Total Current Liabilities	352.26	376.27	360.48	473.08	472.27
Long-Term Debt	-	-	2.3	3.28	4.79
Long-Term Leases	18.96	24.9	21.19	29.19	24.54
Long-Term Unearned Revenue	44.19	46.03	45.47	42.7	9.68
Pension & Post-Retirement Benefits	-	6.08	8.37	8.76	11.6
Long-Term Deferred Tax Liabilities	6.83	6.78	4.34	3.91	2.58
Other Long-Term Liabilities	4.75	6.46	6.46	6.46	6.46
Total Liabilities	426.98	466.51	448.6	567.37	531.9
Common Stock	684.89	684.89	684.89	684.89	684.89
Additional Paid-In Capital	1.15	1.15	1.15	1.15	1.15
Retained Earnings	-43.85	37.12	74.74	120.65	110.51
Comprehensive Income & Other	2.7	4.25	-0.87	-1.08	-11.51
Total Common Equity	644.89	727.41	759.91	805.61	785.04
Minority Interest	0.96	-0.26	-0.32	-0.28	0.78
Shareholders' Equity	645.85	727.15	759.59	805.33	785.82
Total Liabilities & Equity	1,073	1,194	1,208	1,373	1,318
Total Debt	197.03	182.9	113.72	218.09	229.54
Net Cash (Debt)	-46.36	-43.45	69.05	-1.31	-39.76
Net Cash Per Share	-0.68	-0.63	1.01	-0.02	-0.58
Filing Date Shares Outstanding	69.06	68.49	68.49	68.49	68.49
Total Common Shares Outstanding	69.06	68.49	68.49	68.49	68.49
Working Capital	486.93	549.77	608.8	639.84	586.95
Book Value Per Share	9.34	10.62	11.10	11.76	11.46
Tangible Book Value	643.4	725.62	755.87	795.8	769.62
Tangible Book Value Per Share	9.32	10.59	11.04	11.62	11.24
Land	-	58	58	58	58
Buildings	-	55.49	55.49	55.49	55.49
Machinery	-	360.9	366.5	344.96	336.24

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