Forward Electronics 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	668.02	858.85	1,132	461.59	289.07
Short-Term Investments	218.63	188.97	2.49	400.93	96.88
Trading Asset Securities	30.42	35.54	5.67	7.75	864.29
Cash & Short-Term Investments	917.07	1,083	1,140	870.27	1,250
Cash Growth	-15.35%	-5.01%	31.05%	-30.39%	-18.59%
Accounts Receivable	194.75	158.07	197.73	284	253.22
Other Receivables	6.28	10.95	8.07	5.68	28.39
Receivables	201.03	169.02	205.8	289.68	281.6
Inventory	107.27	106.91	92.3	147.14	188.84
Prepaid Expenses	108.3	110.82	2.55	11.74	9.25
Other Current Assets	34.15	34.87	1.55	3.95	2.43
Total Current Assets	1,368	1,505	1,443	1,323	1,732
Property, Plant & Equipment	565.98	589.52	576.61	642.24	666.3
Long-Term Investments	662.8	1,043	944.72	804.36	363.09
Other Intangible Assets	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	47.69	68.94	86.39	10.14
Other Long-Term Assets	68.03	55.47	57.35	60.33	54.7
Total Assets	2,668	3,244	3,131	2,945	2,827
Accounts Payable	114.92	110.54	111.8	107.82	167.56
Accrued Expenses	-	-	-	37.07	53.36
Short-Term Debt	30	100	18	-	-
Current Portion of Long-Term Debt	24	24	24	12	12
Current Portion of Leases	11.97	17.11	15.78	28.35	27.19
Current Income Taxes Payable	0.27	-	-	5.1	4.08
Current Unearned Revenue	0.99	12.47	20.36	9.62	6.1
Other Current Liabilities	51.6	57.2	57.21	80.41	10.38
Total Current Liabilities	233.75	321.32	247.15	280.36	280.67
Long-Term Debt	927	951	975	719	731
Long-Term Leases	25.85	22.95	11	14.69	42.48
Long-Term Deferred Tax Liabilities	210.79	210.79	215.07	233.04	274
Other Long-Term Liabilities	5.56	6.87	7.23	8.57	8.38
Total Liabilities	1,403	1,513	1,455	1,256	1,337
Common Stock	1,400	1,400	1,400	1,400	1,400
Additional Paid-In Capital	48.72	48.72	48.72	48.72	48.72
Retained Earnings	-153.56	-17.11	35.67	190	41.03
Comprehensive Income & Other	-29.75	299.47	190.94	50.88	1.1
Shareholders' Equity	1,265	1,731	1,675	1,689	1,491
Total Liabilities & Equity	2,668	3,244	3,131	2,945	2,827
Total Debt	1,019	1,115	1,044	774.03	812.66
Net Cash (Debt)	-101.75	-31.7	96.71	96.23	437.58
Net Cash Growth	-	-	0.50%	-78.01%	-38.45%
Net Cash Per Share	-0.73	-0.23	0.69	0.69	3.12
Filing Date Shares Outstanding	139.98	139.98	139.98	139.98	139.98
Total Common Shares Outstanding	139.98	139.98	139.98	139.98	139.98
Working Capital	1,134	1,184	1,196	1,042	1,452
Book Value Per Share	9.04	12.37	11.97	12.07	10.65
Tangible Book Value	1,265	1,730	1,675	1,689	1,490
Tangible Book Value Per Share	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

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