ProsperCap PPC
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Financials
PROSPERCAP CORPORATION LIMITED ANNUAL REPORT 2025
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9 tablesConsolidated Statement of Profit or Loss and Other Comprehensive Income (Group)
23 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, year ended 31 December 2025 | 2024Group, year ended 31 December 2024 (Restated) | Source |
|---|---|---|---|
| Profit or loss | |||
| RevenueS$'000 | 256,946 | 246,930 | PDF p. 123 |
| Cost of salesS$'000 | (116,145) | (113,458) | PDF p. 123 |
| Gross profitS$'000 | 140,801 | 133,472 | PDF p. 123 |
| Other incomeS$'000 | 16,404 | 17,148 | PDF p. 123 |
| Administrative expensesS$'000 | (113,333) | (108,402) | PDF p. 123 |
| Selling and distribution expensesS$'000 | (14,630) | (13,938) | PDF p. 123 |
| Other expensesS$'000 | (14,425) | (23,878) | PDF p. 123 |
| One-off deemed listing expensesS$'000 | – | (10,037) | PDF p. 123 |
| Profit (Loss) from operating activitiesS$'000 | 14,817 | (5,635) | PDF p. 123 |
| Finance incomeS$'000 | 157 | 15,631 | PDF p. 123 |
| Finance costsS$'000 | (47,322) | (60,074) | PDF p. 123 |
| Net finance costsS$'000 | (47,165) | (44,443) | PDF p. 123 |
| Loss before taxS$'000 | (32,348) | (50,078) | PDF p. 123 |
| Income tax creditS$'000 | 2,483 | 2,941 | PDF p. 123 |
| Loss for the yearS$'000 | (29,865) | (47,137) | PDF p. 123 |
| Other comprehensive income - items that will not be reclassified | |||
| - Revaluation of property, plant and equipment, net of taxS$'000 | 5,268 | (39,572) | PDF p. 123 |
| Other comprehensive income - items that will not be reclassified (subtotal) | |||
| SubtotalS$'000 | 7,005 | (36,199) | PDF p. 123 |
| Other comprehensive income - items that are or may be reclassified | |||
| - Net movement in hedging reserve, net of taxS$'000 | (2,909) | 2,884 | PDF p. 123 |
| - Net movement in cost of hedging reserve, net of taxS$'000 | 304 | (939) | PDF p. 123 |
| Other comprehensive income - items that are or may be reclassified (subtotal) | |||
| SubtotalS$'000 | (1,702) | 2,144 | PDF p. 123 |
| Other comprehensive income | |||
| Other comprehensive income (loss) for the year, net of taxS$'000 | 5,303 | (34,055) | PDF p. 123 |
| Total comprehensive income | |||
| Total comprehensive loss for the yearS$'000 | (24,562) | (81,192) | PDF p. 123 |
| Loss per share (S$ cents per share) | |||
| - Basic and dilutedS$ cents per share | (1.86) | (3.12) | PDF p. 123 |
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Definitions & sources
Original report: PDF p. 123 ↗
# Refer to Note 7.5 for restatement of comparative information
Two OCI lines (exchange differences on translation from functional to presentation currency: 1,737 / 3,373; exchange differences from translation of foreign operations: 903 / 199) wrap across lines and are omitted from rows.
The report presents no separate Company income statement.
Statements of Financial Position (Group and Company)
28 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, 31 December 2025 | 2024Group, 31 December 2024 (Restated) | 2024Group, 1 January 2024 (Unaudited) | 2025Company, 31 December 2025 | 2024Company, 31 December 2024 (Restated) | 2024Company, 1 January 2024 | Source |
|---|---|---|---|---|---|---|---|
| Non-current assets | |||||||
| Property, plant and equipmentS$'000 | 753,252 | 733,870 | 784,846 | 973 | 1,204 | – | PDF p. 124 |
| Interests in subsidiariesS$'000 | – | – | – | 136,479 | 146,836 | 76 | PDF p. 124 |
| Derivative financial assetsS$'000 | – | 9,833 | – | – | – | – | PDF p. 124 |
| Deferred tax assetsS$'000 | 41,181 | 34,062 | 30,500 | – | – | – | PDF p. 124 |
| Total non-current assetsS$'000 | 794,433 | 777,765 | 815,346 | 137,452 | 148,040 | 76 | PDF p. 124 |
| Current assets | |||||||
| Derivative financial assetsS$'000 | 1,602 | – | 12,482 | – | – | – | PDF p. 124 |
| InventoriesS$'000 | 2,712 | 2,480 | 2,042 | – | – | – | PDF p. 124 |
| Trade and other receivablesS$'000 | 9,284 | 16,854 | 13,767 | 1,735 | 1,723 | 3 | PDF p. 124 |
| Cash and cash equivalentsS$'000 | 6,420 | 6,369 | 31,637 | 43 | 2,470 | 795 | PDF p. 124 |
| Total current assetsS$'000 | 20,018 | 25,703 | 59,928 | 1,778 | 4,193 | 798 | PDF p. 124 |
| Assets | |||||||
| Total assetsS$'000 | 814,451 | 803,468 | 875,274 | 139,230 | 152,233 | 874 | PDF p. 124 |
| Equity | |||||||
| Share capitalS$'000 | 452,940 | 452,940 | 376,524 | 331,962 | 331,962 | 3,264 | PDF p. 124 |
| ReservesS$'000 | 66,612 | 61,309 | 95,364 | – | – | 132 | PDF p. 124 |
| Accumulated lossesS$'000 | (335,847) | (305,982) | (258,845) | (204,553) | (182,095) | (9,080) | PDF p. 124 |
| Total equityS$'000 | 183,705 | 208,267 | 213,043 | 127,409 | 149,867 | (5,684) | PDF p. 124 |
| Non-current liabilities | |||||||
| Loans and borrowingsS$'000 | 511,833 | 494,118 | – | – | – | – | PDF p. 124 |
| Trade and other payablesS$'000 | 49,204 | 2,888 | – | 10,213 | – | – | PDF p. 124 |
| Lease liabilitiesS$'000 | 12,381 | 12,196 | 9,486 | 477 | 611 | – | PDF p. 124 |
| Deferred tax liabilitiesS$'000 | 11,933 | 8,151 | 16,086 | 5 | 9 | – | PDF p. 124 |
| Total non-current liabilitiesS$'000 | 585,351 | 517,353 | 25,572 | 10,695 | 620 | – | PDF p. 124 |
| Current liabilities | |||||||
| Loans and borrowingsS$'000 | – | – | 488,223 | – | – | – | PDF p. 124 |
| Lease liabilitiesS$'000 | 351 | 222 | 77 | 134 | 128 | – | PDF p. 124 |
| Convertible loansS$'000 | – | – | – | – | – | 4,417 | PDF p. 124 |
| Provision for reinstatement costS$'000 | 80 | 80 | - | 80 | 80 | – | PDF p. 124 |
| Trade and other payablesS$'000 | 44,964 | 77,546 | 148,359 | 912 | 1,538 | 2,141 | PDF p. 124 |
| Total current liabilitiesS$'000 | 45,395 | 77,848 | 636,659 | 1,126 | 1,746 | 6,558 | PDF p. 124 |
| Liabilities | |||||||
| Total liabilitiesS$'000 | 630,746 | 595,201 | 662,231 | 11,821 | 2,366 | 6,558 | PDF p. 124 |
| Liabilities and equity | |||||||
| Total liabilities and equityS$'000 | 814,451 | 803,468 | 875,274 | 139,230 | 152,233 | 874 | PDF p. 124 |
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Definitions & sources
Original report: PDF p. 124 ↗
# Refer to Note 7.5 for restatement of comparative information
Column sub-headers: Group 1 January 2024 is marked Unaudited; Company 31 December 2024 is marked Restated #.
Consolidated Statement of Profit or Loss and Other Comprehensive Income
25 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group, Restated | Source |
|---|---|---|---|
| Profit or loss | |||
| RevenueS$'000 | 256,946 | 246,930 | PDF p. 123 |
| Cost of salesS$'000 | (116,145) | (113,458) | PDF p. 123 |
| Gross profitS$'000 | 140,801 | 133,472 | PDF p. 123 |
| Other incomeS$'000 | 16,404 | 17,148 | PDF p. 123 |
| Administrative expensesS$'000 | (113,333) | (108,402) | PDF p. 123 |
| Selling and distribution expensesS$'000 | (14,630) | (13,938) | PDF p. 123 |
| Other expensesS$'000 | (14,425) | (23,878) | PDF p. 123 |
| One-off deemed listing expensesS$'000 | – | (10,037) | PDF p. 123 |
| Profit (Loss) from operating activitiesS$'000 | 14,817 | (5,635) | PDF p. 123 |
| Finance incomeS$'000 | 157 | 15,631 | PDF p. 123 |
| Finance costsS$'000 | (47,322) | (60,074) | PDF p. 123 |
| Net finance costsS$'000 | (47,165) | (44,443) | PDF p. 123 |
| Loss before taxS$'000 | (32,348) | (50,078) | PDF p. 123 |
| Income tax creditS$'000 | 2,483 | 2,941 | PDF p. 123 |
| Loss for the yearS$'000 | (29,865) | (47,137) | PDF p. 123 |
| OCI - not reclassified | |||
| - Revaluation of property, plant and equipment, net of taxS$'000 | 5,268 | (39,572) | PDF p. 123 |
| - Exchange differences on translation from functional currency to presentation currencyS$'000 | 1,737 | 3,373 | PDF p. 123 |
| Subtotal items not reclassifiedS$'000 | 7,005 | (36,199) | PDF p. 123 |
| OCI - may be reclassified | |||
| - Exchange differences arising from translation of foreign operations and foreign currency loans forming part of net investment in foreign operationsS$'000 | 903 | 199 | PDF p. 123 |
| - Net movement in hedging reserve, net of taxS$'000 | (2,909) | 2,884 | PDF p. 123 |
| - Net movement in cost of hedging reserve, net of taxS$'000 | 304 | (939) | PDF p. 123 |
| Subtotal items reclassifiedS$'000 | (1,702) | 2,144 | PDF p. 123 |
| OCI | |||
| Other comprehensive income (loss) for the year, net of taxS$'000 | 5,303 | (34,055) | PDF p. 123 |
| Total | |||
| Total comprehensive loss for the yearS$'000 | (24,562) | (81,192) | PDF p. 123 |
| Loss per share | |||
| - Basic and dilutedS$ cents per share | (1.86) | (3.12) | PDF p. 123 |
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Definitions & sources
Original report: PDF p. 123 ↗
# Refer to Note 7.5 for restatement of comparative information
For the year ended 31 December 2025. Loss per share in S$ cents per share.
Group Statement of Changes in Equity - year 2024 (restated)
14 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, Share capital | 2024Group, Revaluation reserve | 2024Group, Hedging reserve | 2024Group, Cost of hedging reserve | 2024Group, Foreign currency translation reserve | 2024Group, Accumulated losses | 2024Group, Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance at 1 January 2024S$'000 | 376,524 | 89,100 | – | – | 6,264 | (258,845) | 213,043 | PDF p. 125 |
| Total comprehensive income for the year | ||||||||
| Loss for the yearS$'000 | – | – | – | – | – | (47,137) | (47,137) | PDF p. 125 |
| Other comprehensive income (loss) | ||||||||
| Revaluation of property, plant and equipment, net of taxS$'000 | – | (39,572) | – | – | – | – | (39,572) | PDF p. 125 |
| Exchange differences on translation from functional currency to presentation currencyS$'000 | – | – | – | – | 3,373 | – | 3,373 | PDF p. 125 |
| Exchange differences arising from translation of foreign operations and foreign currency loans forming part of net investment in foreign operationsS$'000 | – | - | - | – | 199 | – | 199 | PDF p. 125 |
| Net movement in hedging reserve, net of taxS$'000 | – | - | 2,884 | – | – | – | 2,884 | PDF p. 125 |
| Net movement in cost of hedging reserve, net of taxS$'000 | – | - | - | (939) | – | – | (939) | PDF p. 125 |
| Total comprehensive income for the year | ||||||||
| Total other comprehensive income (loss)S$'000 | – | (39,572) | 2,884 | (939) | 3,572 | – | (34,055) | PDF p. 125 |
| Total comprehensive income for the yearS$'000 | – | (39,572) | 2,884 | (939) | 3,572 | (47,137) | (81,192) | PDF p. 125 |
| Contributions by and distribution to owners | ||||||||
| Consideration shares issued in relation to reverse acquisition (Note 5.3)S$'000 | 9,334 | – | – | – | – | – | 9,334 | PDF p. 125 |
| Issue of ordinary shares for cash, net of share issue expenses (Note 5.3)S$'000 | 66,432 | – | – | – | – | – | 66,432 | PDF p. 125 |
| Share-based payments – sponsor equity shares pursuant to the RTO Transaction (Note 5.3)S$'000 | 650 | – | – | – | – | – | 650 | PDF p. 125 |
| Total transactions with ownersS$'000 | 76,416 | – | – | – | – | – | 76,416 | PDF p. 125 |
| Group | ||||||||
| Balance at 31 December 2024 (Restated)S$'000 | 452,940 | 49,528 | 2,884 | (939) | 9,836 | (305,982) | 208,267 | PDF p. 125 |
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Definitions & sources
Original report: PDF p. 125 ↗
# Refer to Note 7.5 for restatement of comparative information
All attributable to owners of the Company; no non-controlling interest column printed.
Group Statement of Changes in Equity - year 2025
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Share capital | 2025Group, Revaluation reserve | 2025Group, Hedging reserve | 2025Group, Cost of hedging reserve | 2025Group, Foreign currency translation reserve | 2025Group, Accumulated losses | 2025Group, Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance at 1 January 2025S$'000 | 452,940 | 49,528 | 2,884 | (939) | 9,836 | (305,982) | 208,267 | PDF p. 126 |
| Total comprehensive income for the year | ||||||||
| Loss for the yearS$'000 | – | – | – | – | – | (29,865) | (29,865) | PDF p. 126 |
| Other comprehensive income (loss) | ||||||||
| Revaluation of property, plant and equipment, net of taxS$'000 | – | 5,268 | – | – | – | – | 5,268 | PDF p. 126 |
| Exchange differences on translation from functional currency to presentation currencyS$'000 | – | – | – | – | 1,737 | – | 1,737 | PDF p. 126 |
| Exchange differences arising from translation of foreign operations and foreign currency loans forming part of net investment in foreign operationsS$'000 | – | – | – | – | 903 | – | 903 | PDF p. 126 |
| Net movement in hedging reserve, net of taxS$'000 | – | – | (2,909) | - | - | – | (2,909) | PDF p. 126 |
| Net movement in cost of hedging reserve, net of taxS$'000 | – | – | - | 304 | - | – | 304 | PDF p. 126 |
| Total comprehensive income for the year | ||||||||
| Total other comprehensive income (loss)S$'000 | – | 5,268 | (2,909) | 304 | 2,640 | – | 5,303 | PDF p. 126 |
| Total comprehensive income for the yearS$'000 | – | 5,268 | (2,909) | 304 | 2,640 | (29,865) | (24,562) | PDF p. 126 |
| Group | ||||||||
| Balance at 31 December 2025S$'000 | 452,940 | 54,796 | (25) | (635) | 12,476 | (335,847) | 183,705 | PDF p. 126 |
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Definitions & sources
Original report: PDF p. 126 ↗
Attributable to owners of the Company. Opening balance at 1 January 2025 equals restated 31 December 2024 balance.
Company Statement of Changes in Equity
12 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company, Share capital (rows for 2024 and 2025 periods) | 2025Company, Capital reserve (rows for 2024 and 2025 periods) | 2025Company, Accumulated losses (rows for 2024 and 2025 periods) | 2025Company, Total equity (rows for 2024 and 2025 periods) | Source |
|---|---|---|---|---|---|
| Company - 2024 | |||||
| Balance at 1 January 2024S$'000 | 3,264 | 132 | (9,080) | (5,684) | PDF p. 127 |
| Company - 2024 Total comprehensive income | |||||
| Loss for the year (Restated)S$'000 | – | – | (173,015) | (173,015) | PDF p. 127 |
| Company - 2024 Issuances of new shares pursuant to | |||||
| - the acquisition of DTP Infinities LimitedS$'000 | 255,525 | – | – | 255,525 | PDF p. 127 |
| - repayment of PCL loanS$'000 | 212 | – | – | 212 | PDF p. 127 |
| - repayment of Seller’s loanS$'000 | 5,879 | (132) | – | 5,747 | PDF p. 127 |
| - shared-based payment to sponsorS$'000 | 650 | – | – | 650 | PDF p. 127 |
| - placement shares on 23 January 2024, net of share issue expensesS$'000 | 66,432 | – | – | 66,432 | PDF p. 127 |
| Company - 2024 | |||||
| Total transactions with ownersS$'000 | 328,698 | (132) | – | 328,566 | PDF p. 127 |
| Balance at 31 December 2024 (Restated)S$'000 | 331,962 | – | (182,095) | 149,867 | PDF p. 127 |
| Company - 2025 | |||||
| Balance at 1 January 2025S$'000 | 331,962 | - | (182,095) | 149,867 | PDF p. 127 |
| Company - 2025 Total comprehensive income | |||||
| Loss for the yearS$'000 | – | – | (22,458) | (22,458) | PDF p. 127 |
| Company - 2025 | |||||
| Balance at 31 December 2025S$'000 | 331,962 | – | (204,553) | 127,409 | PDF p. 127 |
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Definitions & sources
Original report: PDF p. 127 ↗
# Refer to Note 7.5 for restatement of comparative information
Rows cover both FY2024 (restated) and FY2025 movements; the first set of rows through Balance at 31 December 2024 relates to 2024.
Consolidated Statement of Cash Flows
40 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group, Restated | Source |
|---|---|---|---|
| Operating activities | |||
| Loss before taxS$'000 | (32,348) | (50,078) | PDF p. 128 |
| Operating activities - Adjustments for | |||
| Bad debt written offS$'000 | 68 | 149 | PDF p. 128 |
| Depreciation of property, plant and equipmentS$'000 | 24,226 | 25,261 | PDF p. 128 |
| One-off deemed listing expensesS$'000 | – | 10,037 | PDF p. 128 |
| Property, plant and equipment written offS$'000 | 724 | 381 | PDF p. 128 |
| Loss on disposal of property, plant and equipmentS$'000 | 42 | – | PDF p. 128 |
| Reversal of expected credit loss (“ECL”) on trade receivablesS$'000 | (44) | (15) | PDF p. 128 |
| Impairment losses on land and buildingsS$'000 | 13,129 | 21,988 | PDF p. 128 |
| Reversal of impairment losses on land and buildingsS$'000 | (12,335) | (4,247) | PDF p. 128 |
| Finance incomeS$'000 | (157) | (15,631) | PDF p. 128 |
| Finance costsS$'000 | 47,322 | 60,074 | PDF p. 128 |
| Unrealised foreign exchange differencesS$'000 | (1,371) | 1,464 | PDF p. 128 |
| Operating activities | |||
| Operating cash flow before working capital changes (unlabelled subtotal)S$'000 | 39,256 | 49,383 | PDF p. 128 |
| Operating activities - Changes in working capital | |||
| InventoriesS$'000 | (198) | (407) | PDF p. 128 |
| Trade and other receivablesS$'000 | 7,241 | (2,999) | PDF p. 128 |
| Trade and other payablesS$'000 | 1,665 | (4,184) | PDF p. 128 |
| Operating activities | |||
| Net cash from operating activitiesS$'000 | 47,964 | 41,793 | PDF p. 128 |
| Investing activities | |||
| Purchase of property, plant and equipmentS$'000 | (29,731) | (27,096) | PDF p. 128 |
| Interest receivedS$'000 | 141 | 321 | PDF p. 128 |
| Net cash inflow from reverse acquisitionS$'000 | – | 572 | PDF p. 128 |
| Net cash used in investing activitiesS$'000 | (29,590) | (26,203) | PDF p. 128 |
| Financing activities | |||
| Interest paidS$'000 | (41,284) | (43,546) | PDF p. 128 |
| Income from derivative financial assets receivedS$'000 | 5,482 | 15,007 | PDF p. 128 |
| Payment of lease liabilitiesS$'000 | (1,569) | (1,083) | PDF p. 128 |
| Payment of debt financing transaction costsS$'000 | (198) | (11,008) | PDF p. 128 |
| Proceeds from secured bank loansS$'000 | 9,333 | 505,420 | PDF p. 128 |
| Repayment of secured bank loansS$'000 | – | (496,296) | PDF p. 128 |
| Proceeds from loan from immediate holding companyS$'000 | 9,922 | – | PDF p. 128 |
| Repayment of loan from immediate holding companyS$'000 | – | (68,712) | PDF p. 128 |
| Purchase of forward interest rate caps premiumS$'000 | (93) | (7,589) | PDF p. 128 |
| Net proceeds from issuance of new ordinary shares (compliance placement)S$'000 | – | 66,432 | PDF p. 128 |
| Net cash used in financing activitiesS$'000 | (18,407) | (41,375) | PDF p. 128 |
| Net change in cash | |||
| Net decrease in cash and cash equivalentsS$'000 | (33) | (25,785) | PDF p. 128 |
| Effects of foreign currency exchange rate on cash heldS$'000 | 84 | 517 | PDF p. 128 |
| Cash at beginning of the year | |||
| - Restricted (beginning of the year)S$'000 | 189 | 3,393 | PDF p. 128 |
| - Non-restricted (beginning of the year)S$'000 | 6,180 | 28,244 | PDF p. 128 |
| Cash and cash equivalents at beginning of the year (total, unlabelled)S$'000 | 6,369 | 31,637 | PDF p. 128 |
| Cash at end of the year | |||
| - Restricted (end of the year)S$'000 | 172 | 189 | PDF p. 128 |
| - Non-restricted (end of the year)S$'000 | 6,248 | 6,180 | PDF p. 128 |
| Cash and cash equivalents at end of the year (total, unlabelled)S$'000 | 6,420 | 6,369 | PDF p. 128 |
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Definitions & sources
Original report: PDF p. 128 ↗
# Refer to Note 7.5 for restatement of comparative information
Group only; no Company cash flow statement is printed.
Loss per share (Note 2.6)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group, Restated | Source |
|---|---|---|---|
| 2.6 Loss per share | |||
| Loss for the year, attributable to the shareholders of the Company (basic) (S$’000)S$'000 | (29,865) | (47,137) | PDF p. 151 |
| Weighted average number of ordinary shares in issue (basic)number of shares | 1,605,967,931 | 1,510,881,630 | PDF p. 151 |
| Basic loss per share (S$ cents)S$ cents | (1.86) | (3.12) | PDF p. 151 |
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Definitions & sources
Original report: PDF p. 151 ↗
The diluted loss per share is the same as basic loss per share as there are no dilutive potential ordinary shares.
Restated FY2024 loss per share (Note 7.5)
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, As previously reported | 2024Group, Adjustments | 2024Group, As restated | Source |
|---|---|---|---|---|
| Loss attributable to the owners of the Company (S$ cents per share) | ||||
| - BasicS$ cents per share | (2.68) | (0.44) | (3.12) | PDF p. 206 |
| - DilutedS$ cents per share | (2.68) | (0.44) | (3.12) | PDF p. 206 |
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Definitions & sources
Original report: PDF p. 206 ↗
Restated consolidated statement of profit or loss for the year ended 31 December 2024
Where the money comes from
Segment information
By business
Information about reportable segments – England Hotels, Scotland Hotels, Total 12 lines
| Item / unit | 2025England Hotels, Group | 2024England Hotels, Group (Restated) | 2025Scotland Hotels, Group | 2024Scotland Hotels, Group (Restated) | 2025Total, Group | 2024Total, Group (Restated) | Source |
|---|---|---|---|---|---|---|---|
| Information about reportable segments | |||||||
| External revenuesS$'000 | 219,803 | 209,731 | 37,143 | 37,199 | 256,946 | 246,930 | PDF p. 141 |
| Depreciation of property, plant and equipmentS$'000 | (21,286) | (21,921) | (2,703) | (3,186) | (23,989) | (25,107) | PDF p. 141 |
| Finance incomeS$'000 | 147 | 13,599 | 3 | 1,945 | 150 | 15,544 | PDF p. 141 |
| Finance costsS$'000 | (41,462) | (52,629) | (5,516) | (7,414) | (46,978) | (60,043) | PDF p. 141 |
| Reportable segment loss before taxS$'000 | (23,623) | (22,648) | (947) | (10,169) | (24,570) | (32,817) | PDF p. 141 |
| Other material items of income and expenses and non-cash items | |||||||
| - Insurance incomeS$'000 | 4,053 | 12,514 | – | – | 4,053 | 12,514 | PDF p. 141 |
| - Impairment losses on land and buildingsS$'000 | (12,448) | (10,512) | (681) | (11,476) | (13,129) | (21,988) | PDF p. 141 |
| - Reversal of impairment losses on land and buildingsS$'000 | 12,335 | 1,088 | – | 3,159 | 12,335 | 4,247 | PDF p. 141 |
| - Reversal of/(recognition of) ECL on trade receivablesS$'000 | 25 | 21 | 19 | (6) | 44 | 15 | PDF p. 141 |
| Information about reportable segments | |||||||
| Reportable segment assetsS$'000 | 706,754 | 694,672 | 106,568 | 102,874 | 813,322 | 797,546 | PDF p. 141 |
| Capital expenditureS$'000 | (24,562) | (25,247) | (5,124) | (1,413) | (29,686) | (26,660) | PDF p. 141 |
| Reportable segment liabilitiesS$'000 | (538,489) | (511,487) | (70,628) | (67,507) | (609,117) | (578,994) | PDF p. 141 |
Notes
Two reportable geographical segments (England and Scotland); no transactions between reportable segments. 2024 columns marked Restated. Wrapped labels are quoted from the final printed line of the row.
Reconciliations of reportable segment profit or loss and assets and liabilities to IFRS measures 7 lines
| Item / unit | 2025Group | 2024Group (Restated) | Source |
|---|---|---|---|
| Reconciliation | |||
| Total loss before tax for reportable segmentsS$'000 | (24,570) | (32,817) | PDF p. 142 |
| Unallocated amounts | |||
| One-off deemed listing expensesS$'000 | – | (10,037) | PDF p. 142 |
| Other corporate expensesS$'000 | (7,778) | (7,224) | PDF p. 142 |
| Assets | |||
| Total assets for reportable segmentsS$'000 | 813,322 | 797,546 | PDF p. 142 |
| Unallocated amounts (assets)S$'000 | 1,129 | 5,922 | PDF p. 142 |
| Liabilities | |||
| Total liabilities for reportable segmentsS$'000 | (609,117) | (578,994) | PDF p. 142 |
| Unallocated amounts (liabilities)S$'000 | (21,629) | (16,207) | PDF p. 142 |
Notes
Subtotal lines (32,348)/(50,078), 814,451/803,468 and (630,746)/(595,201) are unlabelled in the source and not extracted as rows.
By geography
Revenue by primary geographic markets 2 lines
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Primary geographic markets | |||
| EnglandS$'000 | 219,803 | 209,731 | PDF p. 143 |
| ScotlandS$'000 | 37,143 | 37,199 | PDF p. 143 |
Notes
Total 256,946 / 246,930. No reconciling items between disaggregated revenue and reportable segments (Note 2.1).
Debt
Borrowings
Contractual maturities of financial liabilities - lease liabilities and loans and borrowings
| Item / unit | 2025Carrying amount | 2025Contractual cash flow | 2025Less than 1 year | 2025Between 1 to 5 years | 2025More than 5 years | Source |
|---|---|---|---|---|---|---|
| Group 31 December 2025 | ||||||
| Lease liabilitiesS$'000 | 12,732 | (85,131) | (1,294) | (4,282) | (79,555) | PDF p. 185 |
| Loans and borrowingsS$'000 | 511,833 | (668,301) | (39,129) | (629,172) | – | PDF p. 185 |
Notes
Gross undiscounted amounts including contractual interest payments.
Contractual maturities of financial liabilities - 2024
| Item / unit | 2024Carrying amount | 2024Contractual cash flow | 2024Less than 1 year | 2024Between 1 to 5 years | 2024More than 5 years | Source |
|---|---|---|---|---|---|---|
| Group 31 December 2024 | ||||||
| Lease liabilitiesS$'000 | 12,418 | (86,231) | (1,148) | (4,496) | (80,587) | PDF p. 185 |
| Loans and borrowingsS$'000 | 494,118 | (708,067) | (42,578) | (665,489) | – | PDF p. 185 |
Notes
Gross undiscounted amounts including contractual interest payments.
Contractual maturities of financial liabilities (Company) - lease liabilities
| Item / unit | 2025Carrying amount | 2025Contractual cash flow | 2025Less than 1 year | 2025Between 1 to 5 years | 2025More than 5 years | Source |
|---|---|---|---|---|---|---|
| Company 31 December 2025 | ||||||
| Lease liabilitiesS$'000 | 611 | (666) | (157) | (509) | – | PDF p. 185 |
Notes
Company has no loans and borrowings listed in the maturity table.
Contractual maturities of financial liabilities (Company) - lease liabilities
| Item / unit | 2025Carrying amount | 2025Contractual cash flow | 2025Less than 1 year | 2025Between 1 to 5 years | 2025More than 5 years | 2024Carrying amount | 2024Contractual cash flow | 2024Less than 1 year | 2024Between 1 to 5 years | 2024More than 5 years | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Company 31 December | |||||||||||
| Lease liabilitiesS$'000 | 611 | (666) | (157) | (509) | – | 739 | (823) | (157) | (627) | (39) | PDF p. 185 |
Notes
Company has no loans and borrowings listed in the maturity table.
Borrowing notes 3 tables
Loans and borrowings
| Item / unit | 2025S$'000 | 2024S$'000 | Source |
|---|---|---|---|
| Loans and borrowings | |||
| Secured bank loansS$'000 | 521,001 | 504,896 | PDF p. 193 |
| Less: Unamortised debt financing transaction costsS$'000 | (9,168) | (10,778) | PDF p. 193 |
| Analysed as | |||
| Non-currentS$'000 | 511,833 | 494,118 | PDF p. 193 |
Notes
Total carrying amount 511,833 (2025) and 494,118 (2024) is the line after unamortised costs. All loans are secured and classified non-current; no current portion and no unsecured borrowings are shown.
Loans are classified non-current because the Group has the right to rollover for at least 12 months after reporting date (three 12-month extension options up to September 2029); repayable in full on 19 September 2026 absent extension.
Terms of outstanding loans - 31 December 2025
| Item / unit | 2025Face value S$'000 | 2025Carrying amount S$'000 | Source |
|---|---|---|---|
| 31 December 2025 - senior | |||
| Secured floating rate loanS$'000 | 406,193 | 398,855 | PDF p. 193 |
| 31 December 2025 - mezzanine | |||
| Secured floating rate loanS$'000 | 114,808 | 112,978 | PDF p. 193 |
Notes
Currency: £ (pound sterling) for both loans. Nominal interest rate: senior SONIA + 2.50%; mezzanine SONIA + 8.33%. Maturity 19 September 2026* ; * With three (3) extension options of 12 months each up to September 2029.
Total face value 521,001; carrying amount 511,833.
Covenants: loan to value not exceeding 70.00% senior and 82.50% mezzanine; actual 55.6% senior and 71.3% mezzanine at 31 Dec 2025; ICR 1.77:1 senior, 1.13:1 mezzanine.
Terms of outstanding loans - 31 December 2024
| Item / unit | 2024Face value S$'000 | 2024Carrying amount S$'000 | Source |
|---|---|---|---|
| 31 December 2024 - senior | |||
| Secured floating rateS$'000 | 396,699 | 387,963 | PDF p. 193 |
| 31 December 2024 - mezzanine | |||
| Secured floating rateS$'000 | 108,197 | 106,155 | PDF p. 193 |
Notes
Currency £; SONIA + 2.50% senior, SONIA + 8.33% mezzanine; maturity 19 September 2026* with three 12-month extension options up to September 2029.
Total face value 504,896; carrying amount 494,118.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Board has opted not to adopt a fixed dividend policy at this stage to maintain maximum financial flexibility and to ensure the Group’s long-term capital preservation. In evaluating the feasibility of dividend distributions, the Board considers a range of critical factors, including the Group’s current earnings, cash flow requirements, and the necessity of maintaining a robust balance sheet to navigate the current economic environment. | Group | PDF p. 87 |
Extracted from PROSPERCAP CORPORATION LIMITED ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | Deloitte & Touche LLP | Group and Company, FY2025 | PDF p. 122 |
| Engagement partner | Ho Kok Yong | Group and Company, FY2025 | PDF p. 122 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Material Uncertainty Related to Going Concern | a material uncertainty exists which may cast significant doubt on the Group’s ability to continue as a going concern | Group, 31 December 2025 | PDF p. 119 |
| Going concern (Note 1.1) | the Directors opined that it is appropriate to prepare the financial statements on a going concern basis | Group, 31 December 2025 | PDF p. 131 |
| net current liabilities | S$25,377,000 | Group, 31 December 2025 | PDF p. 129 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Valuation of property, plant and equipment | Valuation of property, plant and equipment | Group, 31 December 2025 | PDF p. 120 |
Extracted from PROSPERCAP CORPORATION LIMITED ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow PROSPERCAP CORPORATION LIMITED ANNUAL REPORT 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.