ICARES Medicus 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	459.09	439.79	381.27	284.59	356.26
Short-Term Investments	318.3	305.79	586.84	105.44	17.38
Trading Asset Securities	5.86	4.57	0.33	36.85	-
Cash & Short-Term Investments	783.24	750.15	968.44	426.89	373.63
Cash Growth	4.41%	-22.54%	126.86%	14.25%	32.80%
Accounts Receivable	344.39	247.5	136.72	124.77	83.1
Other Receivables	30.13	8.57	17.79	7.64	6.79
Receivables	374.52	256.08	154.5	132.41	89.88
Inventory	423.64	341.08	129.68	79.36	58.61
Other Current Assets	119.93	66.03	40.42	22.29	34.75
Total Current Assets	1,701	1,413	1,293	660.95	556.88
Property, Plant & Equipment	526.53	477.81	237.77	100.62	106.67
Long-Term Investments	72.7	70.35	132.01	118.38	135.13
Goodwill	400.88	417.87	86.77	86.78	78.22
Other Intangible Assets	431.24	488.51	30.73	28.78	81.87
Long-Term Deferred Tax Assets	22.21	16.62	14.84	14.31	4.98
Other Long-Term Assets	25.1	123.71	113.5	33.59	2.13
Total Assets	3,180	3,008	1,909	1,043	965.87
Accounts Payable	33.59	23.99	5.73	7.49	3.82
Accrued Expenses	-	0.03	0.03	0.05	0.04
Short-Term Debt	622.46	366.1	21.49	-	-
Current Portion of Long-Term Debt	39.23	64.03	-	-	-
Current Portion of Leases	32.19	33.79	19	6.16	8.74
Current Unearned Revenue	22.12	19.23	5.23	-	-
Other Current Liabilities	83.87	66.63	72.25	79.31	103.26
Total Current Liabilities	833.46	573.8	123.74	93	115.87
Long-Term Debt	110.01	326.4	-	-	2.8
Long-Term Leases	119.67	149.32	102.64	-	5.97
Long-Term Deferred Tax Liabilities	146.18	192.91	12.93	12.14	19.83
Other Long-Term Liabilities	2.36	2.97	0.5	0.5	0.5
Total Liabilities	1,212	1,245	239.8	105.65	144.96
Common Stock	475.15	430.76	391.6	341.64	339.7
Additional Paid-In Capital	908.13	770.82	754.55	174.32	160.61
Retained Earnings	450.81	488.77	416.55	352.98	241.06
Treasury Stock	-	-86.9	-	-	-
Comprehensive Income & Other	0.71	56.58	15.26	9.81	5.42
Total Common Equity	1,835	1,660	1,578	878.75	746.78
Minority Interest	133.53	102.75	90.9	59.02	74.12
Shareholders' Equity	1,968	1,763	1,669	937.76	820.9
Total Liabilities & Equity	3,180	3,008	1,909	1,043	965.87
Total Debt	923.57	939.64	143.13	6.16	17.51
Net Cash (Debt)	-140.32	-189.49	825.31	420.73	356.12
Net Cash Growth	-	-	96.16%	18.14%	38.01%
Net Cash Per Share	-2.97	-4.01	19.48	10.22	8.72
Filing Date Shares Outstanding	47.52	46.83	47.38	41.34	41.1
Total Common Shares Outstanding	47.52	46.83	47.38	41.34	41.1
Working Capital	867.88	839.52	1,169	567.94	441.01
Book Value Per Share	38.61	35.45	33.30	21.26	18.17
Tangible Book Value	1,003	753.65	1,460	763.19	586.7
Tangible Book Value Per Share	21.10	16.09	30.82	18.46	14.27
Land	17.12	17.86	16.73	16.73	15.08
Buildings	46.91	48.91	45.25	45.26	40.8
Machinery	369.05	257.99	96.79	102.48	99.12
Leasehold Improvements	177.99	145.64	47.86	-	-

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