Forward Electronics 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	896.35	858.85	1,132	461.59	289.07	343.07
Short-Term Investments	-	188.97	2.49	400.93	96.88	-
Trading Asset Securities	30.15	35.54	5.67	7.75	864.29	1,193
Cash & Short-Term Investments	926.49	1,083	1,140	870.27	1,250	1,536
Cash Growth	-19.71%	-5.01%	31.05%	-30.39%	-18.59%	-1.42%
Accounts Receivable	166.53	158.07	197.73	284	253.22	247.69
Other Receivables	13.06	10.95	8.07	5.68	28.39	17.37
Receivables	179.59	169.02	205.8	289.68	281.6	265.06
Inventory	110.38	106.91	92.3	147.14	188.84	145.44
Prepaid Expenses	-	110.82	2.55	11.74	9.25	8.16
Other Current Assets	214.11	34.87	1.55	3.95	2.43	2.41
Total Current Assets	1,431	1,505	1,443	1,323	1,732	1,957
Property, Plant & Equipment	566.91	589.52	576.61	642.24	666.3	685.1
Long-Term Investments	815.09	1,043	944.72	804.36	363.09	118.36
Other Intangible Assets	0.68	0.42	0.43	0.41	0.6	0.83
Long-Term Accounts Receivable	-	2.75	39.88	28.57	-	-
Long-Term Deferred Tax Assets	47.69	47.69	68.94	86.39	10.14	10.08
Other Long-Term Assets	55.21	55.47	57.35	60.33	54.7	46.8
Total Assets	2,916	3,244	3,131	2,945	2,827	2,818
Accounts Payable	121.87	110.54	111.8	107.82	167.56	176.04
Accrued Expenses	-	-	-	37.07	53.36	-
Short-Term Debt	90	100	18	-	-	-
Current Portion of Long-Term Debt	24	24	24	12	12	20
Current Portion of Leases	9.39	17.11	15.78	28.35	27.19	23.9
Current Income Taxes Payable	1.63	-	-	5.1	4.08	1.41
Current Unearned Revenue	1.17	12.47	20.36	9.62	6.1	15.47
Other Current Liabilities	54.84	57.2	57.21	80.41	10.38	86.99
Total Current Liabilities	302.89	321.32	247.15	280.36	280.67	323.81
Long-Term Debt	933	951	975	719	731	729.59
Long-Term Leases	17.28	22.95	11	14.69	42.48	51.32
Long-Term Deferred Tax Liabilities	210.79	210.79	215.07	233.04	274	274.01
Other Long-Term Liabilities	6.61	6.87	7.23	8.57	8.38	6.81
Total Liabilities	1,471	1,513	1,455	1,256	1,337	1,386
Common Stock	1,400	1,400	1,400	1,400	1,400	1,573
Additional Paid-In Capital	48.72	48.72	48.72	48.72	48.72	48.72
Retained Earnings	-71.59	-17.11	35.67	190	41.03	-172.74
Comprehensive Income & Other	68.62	299.47	190.94	50.88	1.1	-16.12
Shareholders' Equity	1,446	1,731	1,675	1,689	1,491	1,432
Total Liabilities & Equity	2,916	3,244	3,131	2,945	2,827	2,818
Total Debt	1,074	1,115	1,044	774.03	812.66	824.82
Net Cash (Debt)	-147.18	-31.7	96.71	96.23	437.58	710.91
Net Cash Growth	-	-	0.50%	-78.01%	-38.45%	2.23%
Net Cash Per Share	-1.05	-0.23	0.69	0.69	3.12	5.08
Filing Date Shares Outstanding	139.98	139.98	139.98	139.98	139.98	139.98
Total Common Shares Outstanding	139.98	139.98	139.98	139.98	139.98	139.98
Working Capital	1,128	1,184	1,196	1,042	1,452	1,633
Book Value Per Share	10.33	12.37	11.97	12.07	10.65	10.23
Tangible Book Value	1,445	1,730	1,675	1,689	1,490	1,432
Tangible Book Value Per Share	10.32	12.36	11.96	12.07	10.64	10.23
Land	463.38	463.38	463.38	463.38	463.38	463.38
Buildings	182.34	182.34	182.78	186.57	186.19	180.5
Machinery	439.98	439.62	440.88	530.49	516.98	540.85
Leasehold Improvements	7.83	50.69	42.44	43.14	42.53	42.84

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