ICARES Medicus Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	530.93	439.79	381.27	284.59	356.26	281.34
Short-Term Investments	307.09	305.79	586.84	105.44	17.38	-
Trading Asset Securities	4.9	4.57	0.33	36.85	-	-
Cash & Short-Term Investments	842.92	750.15	968.44	426.89	373.63	281.34
Cash Growth	9.40%	-22.54%	126.86%	14.25%	32.80%	-9.38%
Accounts Receivable	299.31	247.5	136.72	124.77	83.1	63.27
Other Receivables	13.25	8.57	17.79	7.64	6.79	2.51
Receivables	312.56	256.08	154.5	132.41	89.88	65.78
Inventory	406.58	341.08	129.68	79.36	58.61	49.1
Other Current Assets	113.61	66.03	40.42	22.29	34.75	26.28
Total Current Assets	1,676	1,413	1,293	660.95	556.88	422.5
Property, Plant & Equipment	535.44	477.81	237.77	100.62	106.67	120.68
Long-Term Investments	66.64	70.35	132.01	118.38	135.13	121.48
Goodwill	388.53	417.87	86.77	86.78	78.22	80.48
Other Intangible Assets	427.51	488.51	30.73	28.78	81.87	85.41
Long-Term Deferred Tax Assets	24.05	16.62	14.84	14.31	4.98	0.68
Other Long-Term Assets	22.93	123.71	113.5	33.59	2.13	16.83
Total Assets	3,141	3,008	1,909	1,043	965.87	848.05
Accounts Payable	31.94	23.99	5.73	7.49	3.82	2.93
Accrued Expenses	0.07	0.03	0.03	0.05	0.04	-
Short-Term Debt	592.56	366.1	21.49	-	-	-
Current Portion of Long-Term Debt	38.99	64.03	-	-	-	-
Current Portion of Leases	34.11	33.79	19	6.16	8.74	7.21
Current Unearned Revenue	29.01	19.23	5.23	-	-	-
Other Current Liabilities	134.95	66.63	72.25	79.31	103.26	53.2
Total Current Liabilities	861.63	573.8	123.74	93	115.87	63.33
Long-Term Debt	119.78	326.4	-	-	2.8	2.88
Long-Term Leases	123.1	149.32	102.64	-	5.97	13.21
Long-Term Deferred Tax Liabilities	147.32	192.91	12.93	12.14	19.83	22.98
Other Long-Term Liabilities	-	2.97	0.5	0.5	0.5	43.22
Total Liabilities	1,252	1,245	239.8	105.65	144.96	145.62
Common Stock	473.84	430.76	391.6	341.64	339.7	337.32
Additional Paid-In Capital	893.74	770.82	754.55	174.32	160.61	148.73
Retained Earnings	432.26	488.77	416.55	352.98	241.06	185.85
Treasury Stock	-	-86.9	-	-	-	-
Comprehensive Income & Other	-49.41	56.58	15.26	9.81	5.42	-6.06
Total Common Equity	1,750	1,660	1,578	878.75	746.78	665.84
Minority Interest	138.5	102.75	90.9	59.02	74.12	36.59
Shareholders' Equity	1,889	1,763	1,669	937.76	820.9	702.43
Total Liabilities & Equity	3,141	3,008	1,909	1,043	965.87	848.05
Total Debt	908.54	939.64	143.13	6.16	17.51	23.3
Net Cash (Debt)	-65.62	-189.49	825.31	420.73	356.12	258.05
Net Cash Growth	-	-	96.16%	18.14%	38.01%	-7.97%
Net Cash Per Share	-1.39	-4.01	19.48	10.22	8.72	6.34
Filing Date Shares Outstanding	47.38	46.83	47.38	41.34	41.1	40.82
Total Common Shares Outstanding	47.38	46.83	47.38	41.34	41.1	40.82
Working Capital	814.03	839.52	1,169	567.94	441.01	359.17
Book Value Per Share	36.94	35.45	33.30	21.26	18.17	16.31
Tangible Book Value	934.39	753.65	1,460	763.19	586.7	499.96
Tangible Book Value Per Share	19.72	16.09	30.82	18.46	14.27	12.25
Land	16.58	17.86	16.73	16.73	15.08	15.51
Buildings	45.46	48.91	45.25	45.26	40.8	41.97
Machinery	360.97	257.99	96.79	102.48	99.12	93.58
Leasehold Improvements	171.41	145.64	47.86	-	-	-

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