GRC Limited Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	79.47	85.89	79.64	89.47
Short-Term Investments	-	2.11	1.3	1.89
Cash & Short-Term Investments	79.47	88	80.94	91.36
Cash Growth	-9.69%	8.72%	-11.40%	-
Accounts Receivable	196.19	163.01	170.06	136.91
Other Receivables	0.4	9.02	14.1	10.3
Receivables	196.59	194.96	237.1	195.46
Inventory	6.44	4.05	2.37	4.12
Prepaid Expenses	2.45	3.07	3.86	4.07
Other Current Assets	0.82	-	1	3.32
Total Current Assets	285.77	290.07	325.26	298.34
Property, Plant & Equipment	56.36	54.82	43.28	44.74
Long-Term Investments	-	-	-	0.11
Goodwill	10.43	10.43	10.43	10.43
Other Intangible Assets	-	0.38	1.73	4.78
Long-Term Accounts Receivable	0.48	-	-	-
Long-Term Deferred Tax Assets	7.28	10.66	5.8	4.56
Other Long-Term Assets	-	0.48	-	-
Total Assets	360.32	366.84	386.5	362.95
Accounts Payable	106.01	107.69	85.5	74.88
Current Portion of Long-Term Debt	24.8	27.46	6.83	5.08
Current Income Taxes Payable	2.04	-	3.66	0.5
Current Unearned Revenue	49.54	38.46	34.45	36.2
Other Current Liabilities	62.33	84.14	68.76	72.83
Total Current Liabilities	244.72	257.75	199.2	189.49
Long-Term Debt	-	10.88	19.47	26.27
Long-Term Deferred Tax Liabilities	0.41	-	0.38	0.9
Other Long-Term Liabilities	31.61	27.78	68.32	63.02
Total Liabilities	276.74	296.41	287.37	279.67
Common Stock	127.22	127.22	100.55	100.55
Retained Earnings	-61.18	-73.39	-18.93	-35.23
Comprehensive Income & Other	17.73	17.05	17.51	17.96
Total Common Equity	83.77	70.88	99.13	83.28
Minority Interest	-0.19	-0.45	-	-
Shareholders' Equity	83.58	70.43	99.13	83.28
Total Liabilities & Equity	360.32	366.84	386.5	362.95
Total Debt	24.8	38.34	26.3	31.35
Net Cash (Debt)	54.67	49.66	54.64	60.01
Net Cash Growth	10.10%	-9.11%	-8.95%	-
Net Cash Per Share	-	0.38	-	-
Filing Date Shares Outstanding	-	132.3	-	-
Total Common Shares Outstanding	-	132.3	-	-
Working Capital	41.05	32.32	126.06	108.85
Book Value Per Share	-	0.54	-	-
Tangible Book Value	73.34	60.07	86.97	68.08
Tangible Book Value Per Share	-	0.45	-	-
Land	2.56	32.36	39.37	39.52
Buildings	-	18.29	12.92	12.77
Machinery	-	38.19	28.71	28.78
Construction In Progress	-	-	-	0.76
Order Backlog	-	2,000	-	-

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