Safko Spinning Mills Limited (DSE: SAFKOSPINN)

Safko Spinning Mills Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Cash & Equivalents	5.18	2.94	4.94	8.38	2.15	9.08
Short-Term Investments	13.02	12.8	12.38	11.93	11.3	10.63
Cash & Short-Term Investments	18.2	15.74	17.32	20.32	13.45	19.71
Cash Growth	-55.16%	-9.12%	-14.74%	51.07%	-31.77%	0.35%
Accounts Receivable	5.63	57.49	61.67	48.5	76.5	38.44
Receivables	5.63	57.49	61.67	48.5	76.5	38.44
Inventory	184.31	450.58	467.51	422.49	423.84	365.97
Other Current Assets	41.49	2.13	2.13	101.08	51.56	131.69
Total Current Assets	249.64	525.95	548.64	592.38	565.35	555.81
Property, Plant & Equipment	1,327	1,353	1,391	1,432	1,406	1,100
Other Intangible Assets	0.04	0.05	0.06	0.08	0.1	0.13
Other Long-Term Assets	107.91	107.91	107.91	-	-	-
Total Assets	1,685	1,987	2,048	2,024	1,972	1,656
Accounts Payable	-	-	-	-	18.1	-
Accrued Expenses	10.51	19.72	14.87	13.36	19.19	13.1
Short-Term Debt	12.51	12.51	12.51	12.51	12.51	277.14
Current Portion of Long-Term Debt	252.61	254.06	234.34	227.24	193.24	82.26
Current Income Taxes Payable	32.69	32.69	30.22	42.37	39.12	13.31
Other Current Liabilities	0.61	1.38	0.61	0.04	0.02	0.02
Total Current Liabilities	308.93	320.36	292.54	295.51	282.17	385.82
Long-Term Debt	1,133	1,081	998.28	962.25	932.86	677.88
Long-Term Leases	-	-	0.75	1.78	2.62	-
Long-Term Deferred Tax Liabilities	105.8	108.14	113.76	122.01	118.95	75.73
Total Liabilities	1,547	1,509	1,405	1,382	1,337	1,139
Common Stock	299.82	299.82	299.82	299.82	299.82	299.82
Retained Earnings	-710.19	-372.16	-211.16	-214.99	-226.43	-63.91
Comprensive Income & Other	548.02	550.37	554.09	557.92	561.88	280.58
Shareholders' Equity	137.65	478.03	642.74	642.75	635.27	516.48
Total Liabilities & Equity	1,685	1,987	2,048	2,024	1,972	1,656
Total Debt	1,398	1,347	1,246	1,204	1,141	1,037
Net Cash (Debt)	-1,380	-1,332	-1,229	-1,183	-1,128	-1,018
Net Cash Per Share	-46.05	-44.42	-40.98	-39.47	-37.62	-33.94
Filing Date Shares Outstanding	29.98	29.98	29.98	29.98	29.98	29.98
Total Common Shares Outstanding	29.98	29.98	29.98	29.98	29.98	29.98
Working Capital	-59.29	205.58	256.09	296.87	283.18	170
Book Value Per Share	4.59	15.94	21.44	21.44	21.19	17.23
Tangible Book Value	137.61	477.98	642.68	642.67	635.17	516.35
Tangible Book Value Per Share	4.59	15.94	21.44	21.44	21.19	17.22
Land	-	510	510	510	510	183.6
Buildings	-	571.15	571.15	571.15	482.99	389.63
Machinery	-	988.59	988.59	988.59	939	939
Construction In Progress	-	-	-	-	75.13	134.7

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