Bangkok Aviation Fuel Services Public Company Limited (BKK: BAFS)

BAFS Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	405.43	522.58	522.67	562.01	804.62	1,426
Short-Term Investments	-	94.55	99.69	100.74	177.16	662.77
Trading Asset Securities	-	-	-	13.95	12.79	-
Cash & Short-Term Investments	405.43	617.13	622.36	676.7	994.57	2,089
Cash Growth	-76.58%	-0.84%	-8.03%	-31.96%	-52.40%	15.31%
Accounts Receivable	324.38	341.09	307.33	232.26	158.96	387.66
Other Receivables	99.83	95.38	82.24	82.39	5.44	0.6
Receivables	466.06	467.6	389.58	314.65	164.4	388.26
Inventory	105.25	75.73	40.75	49.99	43.11	50.28
Other Current Assets	373.47	853.56	1,442	2,430	697.5	65.26
Total Current Assets	1,350	2,014	2,495	3,472	1,900	2,593
Property, Plant & Equipment	15,121	15,271	16,273	17,491	15,374	12,725
Long-Term Investments	1,027	1,031	951.13	784.79	84.84	40.95
Goodwill	286.14	286.14	313.14	313.14	-	-
Other Intangible Assets	2,151	2,236	1,690	1,809	1,411	1,514
Long-Term Accounts Receivable	1,383	1,390	1,397	186.93	191.87	-
Long-Term Deferred Tax Assets	392.3	396.77	497.59	462.4	343.57	234.02
Other Long-Term Assets	85.87	101.18	107.67	127.89	161.59	238.83
Total Assets	21,796	22,727	23,724	24,647	19,467	17,346
Accounts Payable	178.46	56.83	51.57	50.95	40.78	70
Accrued Expenses	25.87	96.02	69.42	57.98	38.1	33.21
Short-Term Debt	580	-	300	700	-	-
Current Portion of Long-Term Debt	1,082	1,820	1,336	641.4	425.52	530
Current Portion of Leases	97.08	93.42	91.86	79.06	37.82	10.47
Current Income Taxes Payable	38.16	28.46	14.11	0.97	9.47	78.88
Current Unearned Revenue	135.29	111.04	83.04	89.62	-	-
Other Current Liabilities	64.53	211.05	200.24	299.28	110.49	299.34
Total Current Liabilities	2,202	2,417	2,146	1,919	662.17	1,022
Long-Term Debt	9,212	9,795	11,615	12,496	9,396	7,184
Long-Term Leases	1,574	1,599	1,534	1,159	1,366	15.1
Long-Term Unearned Revenue	1,322	1,362	1,442	1,523	-	-
Long-Term Deferred Tax Liabilities	134.08	133.52	138.5	143	0.82	-
Other Long-Term Liabilities	35.41	32.33	45.91	67.88	110.7	125.89
Total Liabilities	15,127	16,027	17,773	18,272	12,699	9,482
Common Stock	637.5	637.5	637.5	637.5	637.5	637.5
Additional Paid-In Capital	434.98	434.98	434.98	434.98	434.98	434.98
Retained Earnings	2,992	2,983	3,064	3,317	4,011	5,035
Comprensive Income & Other	1,428	1,400	413	416.55	410.08	410.08
Total Common Equity	5,492	5,456	4,550	4,806	5,493	6,518
Minority Interest	1,177	1,245	1,402	1,569	1,274	1,346
Shareholders' Equity	6,669	6,700	5,952	6,376	6,767	7,864
Total Liabilities & Equity	21,796	22,727	23,724	24,647	19,467	17,346
Total Debt	12,545	13,308	14,877	15,075	11,226	7,740
Net Cash (Debt)	-12,140	-12,691	-14,254	-14,398	-10,231	-5,651
Net Cash Per Share	-19.04	-19.91	-22.36	-22.59	-16.05	-8.86
Filing Date Shares Outstanding	637.5	637.5	637.5	637.5	637.5	637.5
Total Common Shares Outstanding	637.5	637.5	637.5	637.5	637.5	637.5
Working Capital	-851.38	-403.05	348.79	1,552	1,237	1,571
Book Value Per Share	7.06	7.00	7.14	7.54	8.62	10.22
Tangible Book Value	3,056	2,933	2,547	2,684	4,082	5,003
Tangible Book Value Per Share	3.24	3.05	4.00	4.21	6.40	7.85
Land	-	1,007	1,007	997.64	322.77	322.77
Buildings	-	97.28	94.91	69.57	61.46	61.27
Machinery	-	22,899	22,430	4,102	1,941	1,851
Construction In Progress	-	323.74	1,220	1,149	5,886	4,016
Leasehold Improvements	-	-	-	25.5	18.33	18.37

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