BTL Inc. 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	Jun '25 Jun 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	189.61	287.87	170.76	147.64	186.29	119.96
Short-Term Investments	52.39	-	-	61.07	142.31	120.42
Cash & Short-Term Investments	242	287.87	170.76	208.71	328.6	240.38
Cash Growth	-19.42%	68.58%	-18.18%	-36.48%	36.70%	-
Accounts Receivable	288.74	248.18	190.75	196.6	142.03	126.75
Other Receivables	3.54	5.59	3.35	1.91	1.33	2.19
Receivables	292.28	253.77	194.1	198.51	143.36	128.94
Other Current Assets	25.01	107.62	94.85	50.64	37.57	12.51
Total Current Assets	559.29	649.26	459.71	457.86	509.53	381.83
Property, Plant & Equipment	940.2	933.98	983.37	867.04	712.18	662.43
Other Intangible Assets	6.14	7.87	8.48	11.51	1.01	1.58
Long-Term Deferred Tax Assets	32.89	34.99	28.67	10.91	4.81	2.3
Other Long-Term Assets	61.91	50.31	32.98	33.35	49.38	36.57
Total Assets	1,600	1,676	1,513	1,381	1,277	1,085
Accounts Payable	16.77	9.3	12.44	18.13	13.85	24.55
Accrued Expenses	46.76	55.55	73.72	81.66	82.91	62.63
Short-Term Debt	97.41	117.5	104.5	71.5	71.7	42
Current Portion of Long-Term Debt	-	10.79	25.82	19.15	18.85	18.57
Current Portion of Leases	36.94	34.46	30.9	26.4	19.46	14.18
Current Income Taxes Payable	1.22	1.34	2.27	11.25	12.25	5.25
Current Unearned Revenue	24.31	31.78	21.89	17.43	16.79	13.45
Other Current Liabilities	38.41	26.92	38.74	32.05	43.02	36.74
Total Current Liabilities	261.82	287.62	310.27	277.57	278.82	217.37
Long-Term Debt	193.2	194.38	180.02	170.66	142.91	161.77
Long-Term Leases	167.19	186.12	212.25	175.51	179.86	140.5
Long-Term Deferred Tax Liabilities	1.09	1.87	2.04	3.01	-	-
Total Liabilities	623.29	669.99	704.59	627.26	603.67	522
Common Stock	303.06	303.06	252.78	229.9	229.9	229.9
Additional Paid-In Capital	473.69	473.69	354.9	192.58	192.58	192.58
Retained Earnings	241.45	236.45	219.87	341.97	265.43	159.06
Comprehensive Income & Other	-41.05	-6.77	-18.95	-11.04	-14.69	-18.83
Shareholders' Equity	977.14	1,006	808.61	753.41	673.23	562.71
Total Liabilities & Equity	1,600	1,676	1,513	1,381	1,277	1,085
Total Debt	494.74	543.25	553.49	463.22	432.78	377.01
Net Cash (Debt)	-252.74	-255.38	-382.73	-254.51	-104.18	-136.63
Net Cash Per Share	-8.50	-8.97	-14.04	-10.01	-4.09	-5.56
Filing Date Shares Outstanding	30.31	30.31	27.81	25.29	25.29	24.42
Total Common Shares Outstanding	30.31	30.31	27.81	25.29	25.29	24.42
Working Capital	297.48	361.65	149.43	180.29	230.71	164.46
Book Value Per Share	32.24	33.21	29.08	29.79	26.62	23.04
Tangible Book Value	971	998.55	800.13	741.9	672.22	561.14
Tangible Book Value Per Share	32.04	32.95	28.78	29.34	26.58	22.98
Land	169.22	169.22	169.22	169.22	130.38	130.38
Buildings	138.21	138.21	138.21	138.42	113.66	113.66
Machinery	898.06	933.83	861.76	729.85	635.34	585.39
Construction In Progress	60.09	11.47	6.76	19.94	7.89	7.58
Leasehold Improvements	83.5	72.35	65.01	52.4	48.43	26.46

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