Skymark Airlines Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	19,763	26,018	26,909	22,519	9,282	13,270
Cash & Short-Term Investments	19,763	26,018	26,909	22,519	9,282	13,270
Cash Growth	-12.71%	-3.31%	19.50%	142.61%	-30.05%	4.84%
Accounts Receivable	3,690	5,467	5,752	5,062	3,480	3,216
Other Receivables	947	2,448	4,267	1,831	647	1,646
Receivables	4,637	7,915	10,019	6,893	4,127	4,862
Inventory	36	56	70	18	18	14
Prepaid Expenses	3,358	4,332	4,234	3,619	3,519	2,535
Other Current Assets	1,689	1,103	3,241	1,384	6,830	2,525
Total Current Assets	29,483	39,424	44,473	34,433	23,776	23,206
Property, Plant & Equipment	31,845	15,762	13,899	14,829	15,514	18,607
Long-Term Investments	-	29,005	35,069	35,300	35,737	29,620
Other Intangible Assets	340	218	281	376	1,736	1,981
Long-Term Deferred Tax Assets	19,145	19,478	17,067	22,897	16,795	12,036
Other Long-Term Assets	28,956	1	1	2	1	2
Total Assets	109,769	103,888	110,790	107,837	93,559	85,452
Accounts Payable	4,261	3,805	4,050	4,140	6,165	5,994
Accrued Expenses	4,665	1,682	1,661	1,580	546	526
Short-Term Debt	20,854	20,000	20,000	30,000	32,000	30,000
Current Portion of Long-Term Debt	7,000	1,750	1,250	-	-	-
Current Portion of Leases	-	108	146	153	147	143
Current Income Taxes Payable	24	112	367	76	3,722	3,096
Other Current Liabilities	2,926	22,440	29,545	25,429	18,010	12,201
Total Current Liabilities	50,918	49,897	57,019	61,378	60,590	51,960
Long-Term Debt	7,590	7,500	9,250	1,000	3,000	-
Long-Term Leases	-	497	450	572	725	872
Other Long-Term Liabilities	22,762	18,875	16,214	20,970	19,946	22,197
Total Liabilities	81,270	76,769	82,933	83,920	84,261	75,029
Common Stock	100	100	100	100	100	100
Additional Paid-In Capital	17,966	17,966	18,353	18,353	10,900	8,900
Retained Earnings	9,639	8,858	8,421	5,726	-6,815	-86
Treasury Stock	-89	-89	-1,393	-	-	-
Comprehensive Income & Other	883	284	2,376	-262	5,113	1,509
Shareholders' Equity	28,499	27,119	27,857	23,917	9,298	10,423
Total Liabilities & Equity	109,769	103,888	110,790	107,837	93,559	85,452
Total Debt	35,444	29,855	31,096	31,725	35,872	31,015
Net Cash (Debt)	-15,681	-3,837	-4,187	-9,206	-26,590	-17,745
Net Cash Per Share	-260.45	-64.62	-69.76	-179.87	-576.06	-394.33
Filing Date Shares Outstanding	60.17	60.22	58.95	60.33	46.16	45
Total Common Shares Outstanding	60.17	60.22	58.95	60.33	46.16	45
Working Capital	-21,435	-10,473	-12,546	-26,945	-36,814	-28,754
Book Value Per Share	473.67	450.31	472.56	396.44	201.44	231.62
Tangible Book Value	28,159	26,901	27,576	23,541	7,562	8,442
Tangible Book Value Per Share	468.01	446.69	467.79	390.21	163.83	187.60

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