Below are the financial statements of Indorama Ventures, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of THB | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income | — | — | — |
| Revenue from sales of goods | 541,582.62a | 541,458.05a | 0 |
| Dividend income | 0a | 0a | 0 |
| Net foreign exchange gains | 0a | 0a | 976.1a |
| Other income | 4,313.51a | 5,091.12a | 8,335.4a |
| Total income | 545,896.13a | 546,549.16a | 665,577.9a |
| Expenses | — | — | — |
| Cost of sales of goods | -466,317.77a | -476,039.29a | -544,321.3a |
| Distribution costs | -28,995.27a | -28,439.02a | -36,701.7a |
| Administrative expenses | -32,413.21a | -29,729.96a | -25,714.3a |
| Impairment losses on long-lived assets | -22,487.46a | -10,726.95a | 0 |
| Management benefit expenses | -767.81a | -574.42a | -478.9a |
| Net foreign exchange losses | -1,015.89a | -466.54a | 0a |
| Total expenses | -551,997.43a | -545,976.17a | -615,861.3a |
| Profit (loss) from operating activities | -6,101.3a | 572.99a | 49,716.7a |
| Finance income | 1,027.62a | 1,182.62a | 946.8a |
| Finance costs | -17,227.69a | -15,367.21a | -10,495.2a |
| Reversal of expected credit loss (expected credit loss), net | -150.69a | 6.16a | 0 |
| Share of net profit (loss) of associate and joint ventures accounted for using equity method | -589.06a | 8.28a | 0 |
| Profit (loss) before tax expense (income) | -23,041.12a | -13,597.16a | 0 |
| Tax income | -3,854.86a | -2,683.81a | 0 |
| Profit (loss) for the year | -19,186.26a | -10,913.34a | 0 |
| Profit (loss) attributable to: | — | — | — |
| Owners of the company | -19,262.13a | -10,797.94a | 0 |
| Non-controlling interests | 75.87a | -115.4a | 0 |
| Revenue from sale of goods | 0 | 0 | 656,266.4a |
| Impairment losses on long-lived assets (2022 and 2023: Impairment loss of property, plant and equipment, goodwill and other intangible assets) | 0 | 0 | -8,645.1a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Indorama Ventures’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.