BTL Inc. Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	215.35	260.02	287.87	170.76	147.64	186.29
Short-Term Investments	-	-	-	-	61.07	142.31
Cash & Short-Term Investments	215.35	260.02	287.87	170.76	208.71	328.6
Cash Growth	-4.72%	-9.68%	68.58%	-18.18%	-36.48%	36.70%
Accounts Receivable	306.8	281.33	248.18	190.75	196.6	142.03
Other Receivables	2.51	2.04	5.59	3.35	1.91	1.33
Receivables	309.32	283.37	253.77	194.1	198.51	143.36
Other Current Assets	22.3	24.69	107.62	94.85	50.64	37.57
Total Current Assets	546.97	568.09	649.26	459.71	457.86	509.53
Property, Plant & Equipment	1,109	1,096	933.98	983.37	867.04	712.18
Other Intangible Assets	6.99	7.9	7.87	8.48	11.51	1.01
Long-Term Deferred Tax Assets	37.02	35.7	34.99	28.67	10.91	4.81
Other Long-Term Assets	60.57	53.88	50.31	32.98	33.35	49.38
Total Assets	1,760	1,761	1,676	1,513	1,381	1,277
Accounts Payable	23.3	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	83	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	34.93	28.62	34.46	30.9	26.4	19.46
Current Income Taxes Payable	1.38	1.34	1.34	2.27	11.25	12.25
Current Unearned Revenue	23.24	26.74	31.78	21.89	17.43	16.79
Other Current Liabilities	68.18	32.94	24.85	38.74	32.05	43.02
Total Current Liabilities	234.03	259.32	287.62	310.27	277.57	278.82
Long-Term Debt	195.65	195.27	194.38	180.02	170.66	142.91
Long-Term Leases	256.58	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	2.1	1.84	1.87	2.04	3.01	-
Total Liabilities	688.37	710.67	669.99	704.59	627.26	603.67
Common Stock	307.55	307.41	303.06	252.78	229.9	229.9
Additional Paid-In Capital	490.21	489.48	473.69	354.9	192.58	192.58
Retained Earnings	278.43	274.77	236.45	219.87	341.97	265.43
Comprehensive Income & Other	-4.37	-21	-6.77	-18.95	-11.04	-14.69
Shareholders' Equity	1,072	1,051	1,006	808.61	753.41	673.23
Total Liabilities & Equity	1,760	1,761	1,676	1,513	1,381	1,277
Total Debt	570.16	571.12	543.25	553.49	463.22	432.78
Net Cash (Debt)	-354.81	-311.1	-255.38	-382.73	-254.51	-104.18
Net Cash Per Share	-11.54	-9.32	-8.97	-14.04	-10.01	-4.09
Filing Date Shares Outstanding	30.74	30.74	30.31	27.81	25.29	25.29
Total Common Shares Outstanding	30.74	30.74	30.31	27.81	25.29	25.29
Working Capital	312.94	308.76	361.65	149.43	180.29	230.71
Book Value Per Share	34.87	34.18	33.21	29.08	29.79	26.62
Tangible Book Value	1,065	1,043	998.55	800.13	741.9	672.22
Tangible Book Value Per Share	34.64	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