Fan Milk PLC (GHSE:FML)

Fan Milk Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	198.44	109.11	65.92	61.32	65.58	54.02
Cash & Short-Term Investments	198.44	109.11	65.92	61.32	65.58	54.02
Cash Growth	159.55%	65.51%	7.51%	-6.50%	21.40%	38.40%
Accounts Receivable	168.48	184.09	237.87	168.8	123.56	71.26
Other Receivables	-	3.17	7.01	6.49	12.51	28.69
Receivables	168.48	187.27	244.88	175.29	136.07	99.95
Inventory	127.18	114.21	105.55	150.98	168.08	94.37
Prepaid Expenses	-	5.62	6.32	5.59	4.75	5.37
Total Current Assets	521.95	416.2	422.68	393.18	374.49	253.72
Property, Plant & Equipment	161.26	166.67	158.51	182.33	196.04	181.11
Other Intangible Assets	-	-	0.25	0.55	1.03	1.43
Long-Term Deferred Tax Assets	-	7.86	8.81	8	-	-
Total Assets	683.21	590.73	590.25	584.06	571.56	436.25
Accounts Payable	343.16	186.9	201.34	222.89	169.78	91.67
Accrued Expenses	0.16	39.23	39.93	37.04	25.12	19.9
Current Portion of Leases	1.7	2.27	1.51	3.09	1.61	0.71
Current Income Taxes Payable	-	8.35	-	-	-	-
Other Current Liabilities	30.03	78.22	57.87	39.66	82.76	52.4
Total Current Liabilities	375.05	314.96	300.65	302.69	279.27	164.68
Long-Term Debt	-	-	55	70	40	-
Long-Term Leases	1.55	2.26	5.06	5.71	3.49	1.83
Pension & Post-Retirement Benefits	0.77	0.77	0.45	0.59	0.22	0.28
Long-Term Deferred Tax Liabilities	-	-	-	-	1.91	9.35
Total Liabilities	377.38	317.99	361.16	378.98	324.89	176.15
Common Stock	10	4.02	4.02	4.02	4.02	4.02
Retained Earnings	295.83	262.74	219.09	195.08	236.68	250.11
Comprehensive Income & Other	-	5.98	5.98	5.98	5.98	5.98
Shareholders' Equity	305.83	272.74	229.09	205.08	246.68	260.11
Total Liabilities & Equity	683.21	590.73	590.25	584.06	571.56	436.25
Total Debt	3.26	4.53	61.57	78.8	45.1	2.55
Net Cash (Debt)	195.18	104.58	4.36	-17.48	20.48	51.48
Net Cash Growth	155.29%	2300.18%	-	-	-60.21%	47.53%
Net Cash Per Share	1.68	0.90	0.04	-0.15	0.18	0.44
Filing Date Shares Outstanding	116.21	116.21	116.21	116.21	116.21	116.21
Total Common Shares Outstanding	116.21	116.21	116.21	116.21	116.21	116.21
Working Capital	146.9	101.24	122.03	90.49	95.22	89.04
Book Value Per Share	2.63	2.35	1.97	1.76	2.12	2.24
Tangible Book Value	305.83	272.74	228.84	204.53	245.64	258.68
Tangible Book Value Per Share	2.63	2.35	1.97	1.76	2.11	2.23
Land	-	3.83	3.83	3.83	3.83	3.83
Buildings	-	51.58	51.41	51.41	51.94	45.1
Machinery	-	290.17	301.51	317.89	306.4	272.82
Construction In Progress	-	42.43	11.09	3.72	6.64	28.56

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.