BTL Inc. 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	260.02	287.87	170.76	147.64	186.29
Short-Term Investments	-	-	-	61.07	142.31
Cash & Short-Term Investments	260.02	287.87	170.76	208.71	328.6
Cash Growth	-9.68%	68.58%	-18.18%	-36.48%	36.70%
Accounts Receivable	281.33	248.18	190.75	196.6	142.03
Other Receivables	2.04	5.59	3.35	1.91	1.33
Receivables	283.37	253.77	194.1	198.51	143.36
Other Current Assets	24.69	107.62	94.85	50.64	37.57
Total Current Assets	568.09	649.26	459.71	457.86	509.53
Property, Plant & Equipment	1,096	933.98	983.37	867.04	712.18
Other Intangible Assets	7.9	7.87	8.48	11.51	1.01
Long-Term Deferred Tax Assets	35.7	34.99	28.67	10.91	4.81
Other Long-Term Assets	53.88	50.31	32.98	33.35	49.38
Total Assets	1,761	1,676	1,513	1,381	1,277
Accounts Payable	18.53	9.3	12.44	18.13	13.85
Accrued Expenses	58.16	57.62	73.72	81.66	82.91
Short-Term Debt	93	117.5	104.5	71.5	71.7
Current Portion of Long-Term Debt	-	10.79	25.82	19.15	18.85
Current Portion of Leases	28.62	34.46	30.9	26.4	19.46
Current Income Taxes Payable	1.34	1.34	2.27	11.25	12.25
Current Unearned Revenue	26.74	31.78	21.89	17.43	16.79
Other Current Liabilities	32.94	24.85	38.74	32.05	43.02
Total Current Liabilities	259.32	287.62	310.27	277.57	278.82
Long-Term Debt	195.27	194.38	180.02	170.66	142.91
Long-Term Leases	254.24	186.12	212.25	175.51	179.86
Pension & Post-Retirement Benefits	-	-	0.01	0.51	2.07
Long-Term Deferred Tax Liabilities	1.84	1.87	2.04	3.01	-
Total Liabilities	710.67	669.99	704.59	627.26	603.67
Common Stock	307.41	303.06	252.78	229.9	229.9
Additional Paid-In Capital	489.48	473.69	354.9	192.58	192.58
Retained Earnings	274.77	236.45	219.87	341.97	265.43
Comprehensive Income & Other	-21	-6.77	-18.95	-11.04	-14.69
Shareholders' Equity	1,051	1,006	808.61	753.41	673.23
Total Liabilities & Equity	1,761	1,676	1,513	1,381	1,277
Total Debt	571.12	543.25	553.49	463.22	432.78
Net Cash (Debt)	-311.1	-255.38	-382.73	-254.51	-104.18
Net Cash Per Share	-9.32	-8.97	-14.04	-10.01	-4.09
Filing Date Shares Outstanding	30.74	30.31	27.81	25.29	25.29
Total Common Shares Outstanding	30.74	30.31	27.81	25.29	25.29
Working Capital	308.76	361.65	149.43	180.29	230.71
Book Value Per Share	34.18	33.21	29.08	29.79	26.62
Tangible Book Value	1,043	998.55	800.13	741.9	672.22
Tangible Book Value Per Share	33.92	32.95	28.78	29.34	26.58
Land	169.22	169.22	169.22	169.22	130.38
Buildings	138.21	138.21	138.21	138.42	113.66
Machinery	1,028	933.83	861.76	729.85	635.34
Construction In Progress	9.35	11.47	6.76	19.94	7.89
Leasehold Improvements	105.16	72.35	65.01	52.4	48.43

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