Forward Electronics 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	572.35	668.02	858.85	1,132	461.59	289.07
Short-Term Investments	223.77	218.63	188.97	2.49	400.93	96.88
Trading Asset Securities	57.01	30.42	35.54	5.67	7.75	864.29
Cash & Short-Term Investments	853.12	917.07	1,083	1,140	870.27	1,250
Cash Growth	-13.71%	-15.35%	-5.01%	31.05%	-30.39%	-18.59%
Accounts Receivable	181.44	194.75	158.07	197.73	284	253.22
Other Receivables	6.54	6.28	10.95	8.07	5.68	28.39
Receivables	187.98	201.03	169.02	205.8	289.68	281.6
Inventory	78.96	107.27	106.91	92.3	147.14	188.84
Prepaid Expenses	3.73	108.3	110.82	2.55	11.74	9.25
Other Current Assets	247.45	34.15	34.87	1.55	3.95	2.43
Total Current Assets	1,371	1,368	1,505	1,443	1,323	1,732
Property, Plant & Equipment	573.34	565.98	589.52	576.61	642.24	666.3
Long-Term Investments	650.94	662.8	1,043	944.72	804.36	363.09
Other Intangible Assets	0.79	0.63	0.42	0.43	0.41	0.6
Long-Term Accounts Receivable	-	-	2.75	39.88	28.57	-
Long-Term Deferred Tax Assets	2.93	2.93	47.69	68.94	86.39	10.14
Other Long-Term Assets	79.27	68.03	55.47	57.35	60.33	54.7
Total Assets	2,679	2,668	3,244	3,131	2,945	2,827
Accounts Payable	105.45	114.92	110.54	111.8	107.82	167.56
Accrued Expenses	-	-	-	-	37.07	53.36
Short-Term Debt	40	30	100	18	-	-
Current Portion of Long-Term Debt	-	24	24	24	12	12
Current Portion of Leases	23.03	11.97	17.11	15.78	28.35	27.19
Current Income Taxes Payable	0.36	0.27	-	-	5.1	4.08
Current Unearned Revenue	1.09	0.99	12.47	20.36	9.62	6.1
Other Current Liabilities	80	51.6	57.2	57.21	80.41	10.38
Total Current Liabilities	249.94	233.75	321.32	247.15	280.36	280.67
Long-Term Debt	921	927	951	975	719	731
Long-Term Leases	33.57	25.85	22.95	11	14.69	42.48
Long-Term Deferred Tax Liabilities	210.79	210.79	210.79	215.07	233.04	274
Other Long-Term Liabilities	5.75	5.56	6.87	7.23	8.57	8.38
Total Liabilities	1,421	1,403	1,513	1,455	1,256	1,337
Common Stock	1,400	1,400	1,400	1,400	1,400	1,400
Additional Paid-In Capital	48.72	48.72	48.72	48.72	48.72	48.72
Retained Earnings	-176.09	-153.56	-17.11	35.67	190	41.03
Comprehensive Income & Other	-15	-29.75	299.47	190.94	50.88	1.1
Shareholders' Equity	1,257	1,265	1,731	1,675	1,689	1,491
Total Liabilities & Equity	2,679	2,668	3,244	3,131	2,945	2,827
Total Debt	1,018	1,019	1,115	1,044	774.03	812.66
Net Cash (Debt)	-164.49	-101.75	-31.7	96.71	96.23	437.58
Net Cash Growth	-	-	-	0.50%	-78.01%	-38.45%
Net Cash Per Share	-1.18	-0.73	-0.23	0.69	0.69	3.12
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	1,121	1,134	1,184	1,196	1,042	1,452
Book Value Per Share	8.98	9.04	12.37	11.97	12.07	10.65
Tangible Book Value	1,257	1,265	1,730	1,675	1,689	1,490
Tangible Book Value Per Share	8.98	9.03	12.36	11.96	12.07	10.64
Land	-	463.38	463.38	463.38	463.38	463.38
Buildings	-	182.34	182.34	182.78	186.57	186.19
Machinery	-	421.25	439.62	440.88	530.49	516.98
Leasehold Improvements	-	7.89	50.69	42.44	43.14	42.53