Summit Power Limited (DSE: SUMITPOWER)

Summit Power 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	7,115	8,565	6,003	9,165	5,728	5,843
Accounts Receivable	23,256	29,282	34,178	15,829	11,415	11,857
Other Receivables	207.02	140.9	110.24	101.43	48.93	118.56
Inventory	843.38	849.55	661.13	637.31	601.57	684.43
Prepaid Expenses	-	166.75	102.6	100.84	106.86	106.66
Other Current Assets	7,473	10,068	8,005	2,718	581.25	1,241
Total Current Assets	38,894	49,072	49,061	28,551	18,482	19,851
Property, Plant & Equipment	42,888	44,136	40,479	38,521	39,743	40,153
Other Intangible Assets	32.02	35.65	39.59	43.45	48.02	47.86
Long-Term Investments	11,460	11,728	9,993	9,375	9,570	10,040
Long-Term Deferred Tax Assets	-	-	-	-	-	43.92
Long-Term Accounts Receivable	5,035	5,151	3,816	2,545	1,495	-
Total Assets	98,309	110,123	103,388	79,036	69,338	70,136
Accounts Payable	9,035	20,331	22,766	6,927	3,176	3,896
Accrued Expenses	-	305.29	133.04	87.17	93.17	379.85
Short-Term Debt	-	12,244	7,774	2,600	-	10,000
Current Portion of Long-Term Debt	13,070	3,334	2,738	2,212	2,035	1,125
Current Income Taxes Payable	-	440.8	304.31	219.93	191.74	130.38
Other Current Liabilities	2,087	1,122	432.12	486.28	574.28	384.65
Total Current Liabilities	24,192	37,777	34,147	12,532	6,070	15,917
Long-Term Debt	16,331	18,521	18,931	19,486	22,138	12,138
Long-Term Leases	-	7.58	12.65	16.98	22.36	-
Pension & Post-Retirement Benefits	-	276.13	263.64	243.3	197.24	162.02
Long-Term Deferred Tax Liabilities	12.05	24.21	43.36	12.4	31.58	-
Other Long-Term Liabilities	-187.42	85.46	81.86	77.53	75.35	71.95
Total Liabilities	40,348	56,691	53,480	32,368	28,534	28,289
Common Stock	10,679	10,679	10,679	10,679	10,679	10,679
Additional Paid-In Capital	6,479	6,479	6,479	6,479	6,479	6,479
Retained Earnings	21,532	18,949	18,849	18,433	14,953	14,754
Comprehensive Income & Other	4,560	4,489	2,141	1,194	1,526	2,684
Total Common Equity	43,249	40,596	38,148	36,785	33,637	34,596
Minority Interest	14,712	12,836	11,760	9,883	7,167	7,251
Shareholders' Equity	57,961	53,432	49,908	46,668	40,804	41,847
Total Liabilities & Equity	98,309	110,123	103,388	79,036	69,338	70,136
Total Debt	29,402	34,107	29,456	24,315	24,196	23,264
Net Cash (Debt)	-22,286	-25,542	-23,453	-15,150	-18,468	-17,421
Net Cash Per Share	-20.84	-23.92	-21.96	-14.19	-17.29	-16.31
Filing Date Shares Outstanding	1,068	1,068	1,068	1,068	1,068	1,068
Total Common Shares Outstanding	1,068	1,068	1,068	1,068	1,068	1,068
Working Capital	14,702	11,296	14,914	16,019	12,412	3,934
Book Value Per Share	40.50	38.02	35.72	34.45	31.50	32.40
Tangible Book Value	43,217	40,560	38,108	36,741	33,589	34,548
Tangible Book Value Per Share	40.47	37.98	35.69	34.41	31.45	32.35
Land	-	2,135	1,973	1,877	1,876	1,743
Machinery	-	58,282	51,605	47,354	44,950	44,172
Construction In Progress	-	-0.08	-0.08	77.68	1,802	1,211

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