The a2 Milk Company Limited (ASX:A2M)

The a2 Milk Company Balance Sheet

Financials in millions NZD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	542.03	518.94	352.23	437.31	875.15	413.03
Short-Term Investments	500	450	450	450	-	441.15
Cash & Short-Term Investments	1,042	968.94	802.23	887.31	875.15	854.18
Cash Growth	31.55%	20.78%	-9.59%	1.39%	2.46%	83.77%
Accounts Receivable	93.69	50.73	57.69	67.29	47.73	63.5
Other Receivables	-	27.34	21.53	22.07	33.99	7.2
Receivables	93.69	78.07	79.22	89.35	81.72	70.7
Inventory	192.56	179.65	193.44	140.04	112.2	147.33
Prepaid Expenses	58.82	52.55	45.68	54.54	27.82	56.34
Other Current Assets	20.72	8.74	1.54	-	-	-
Total Current Assets	1,408	1,288	1,122	1,171	1,097	1,129
Property, Plant & Equipment	247.98	257.35	262.57	256.58	32.46	30.35
Long-Term Investments	54.99	13.25	71.97	135.26	157.8	252.58
Goodwill	-	102.38	102.35	102.47	8.17	8.13
Other Intangible Assets	111.66	8.71	6.07	6.85	6.97	4.56
Long-Term Deferred Tax Assets	34.41	34.13	28.62	25.73	53.1	28.2
Long-Term Deferred Charges	-	-	-	-	-	0.96
Other Long-Term Assets	38.54	31.1	18.04	17.72	16.61	-
Total Assets	1,895	1,735	1,612	1,716	1,372	1,453
Accounts Payable	385.5	83.87	54.72	83.11	40.99	129.95
Accrued Expenses	-	263.41	251.01	292.98	225.31	151.97
Current Portion of Long-Term Debt	28	-	15	40.79	-	-
Current Portion of Leases	6.09	5.6	4.18	3.13	3.65	3.41
Current Income Taxes Payable	32.15	57.38	43.31	-	-	16.33
Current Unearned Revenue	-	0.3	7.49	3.17	4.75	3.77
Other Current Liabilities	22.19	6.22	3.5	17	-	-
Total Current Liabilities	473.92	416.77	379.21	440.17	274.69	305.43
Long-Term Debt	38.76	37.89	67.04	66.21	-	-
Long-Term Leases	21.75	22.73	15.31	14.22	12.85	13.44
Other Long-Term Liabilities	6.21	0.71	0.66	1.29	0.51	0.39
Total Liabilities	540.64	478.1	462.21	521.89	288.05	319.26
Common Stock	0.1	0.1	0.1	149.16	149.12	146.93
Retained Earnings	1,583	1,491	1,323	1,168	1,045	964.28
Treasury Stock	-3.38	-8.71	-13.6	-15.8	-3.77	-10.03
Comprehensive Income & Other	-205.17	-215.69	-163.88	-120.54	-106.33	32.88
Total Common Equity	1,374	1,266	1,146	1,180	1,084	1,134
Minority Interest	-19.28	-9.7	3.68	13.58	-	-
Shareholders' Equity	1,355	1,257	1,150	1,194	1,084	1,134
Total Liabilities & Equity	1,895	1,735	1,612	1,716	1,372	1,453
Total Debt	94.6	66.22	101.53	124.35	16.5	16.84
Net Cash (Debt)	947.43	902.72	700.71	762.96	858.65	837.34
Net Cash Growth	28.88%	28.83%	-8.16%	-11.14%	2.55%	80.15%
Net Cash Per Share	1.30	1.24	0.95	1.03	1.16	1.13
Filing Date Shares Outstanding	724.02	722.93	721.98	743.66	743.41	739.86
Total Common Shares Outstanding	724.02	722.93	721.98	743.66	743.41	739.83
Working Capital	933.91	871.17	742.9	731.07	822.2	823.12
Book Value Per Share	1.90	1.75	1.59	1.59	1.46	1.53
Tangible Book Value	1,262	1,155	1,037	1,071	1,069	1,121
Tangible Book Value Per Share	1.74	1.60	1.44	1.44	1.44	1.52
Land	-	8.76	8.76	8.76	-	-
Buildings	-	57.4	56.5	56.06	2.07	1.72
Machinery	-	217.26	208.62	192.59	21.43	17.77
Leasehold Improvements	-	7.16	6.04	6.02	5.46	4.35

Source: S&P Capital IQ. Standard template. Financial Sources.