HKT Trust and HKT Limited (HKG: 6823)

HKT Trust and HKT Balance Sheet

Financials in millions HKD. 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	1,480	1,630	1,997	2,411	2,092	2,417
Short-Term Investments	187	443	459	832	856	742
Trading Asset Securities	-	-	-	-	-	6
Cash & Short-Term Investments	1,667	2,073	2,456	3,243	2,948	3,165
Cash Growth	-12.90%	-15.59%	-24.27%	10.01%	-6.86%	-6.53%
Accounts Receivable	3,090	3,371	3,916	4,683	3,950	4,271
Other Receivables	21	2	-	8	5	-
Receivables	3,111	3,373	3,916	4,691	3,955	4,271
Inventory	1,363	959	1,607	1,218	820	803
Prepaid Expenses	3,478	796	989	785	826	565
Restricted Cash	161	211	375	187	107	115
Other Current Assets	15	2,031	1,817	1,011	1,081	1,002
Total Current Assets	9,795	9,443	11,160	11,135	9,737	9,921
Property, Plant & Equipment	29,791	29,266	28,183	27,337	26,449	24,613
Long-Term Investments	1,018	1,120	1,084	1,077	986	1,052
Goodwill	49,802	49,806	49,803	49,809	49,816	49,814
Other Intangible Assets	19,077	18,504	17,182	16,376	11,975	10,710
Long-Term Accounts Receivable	272	324	285	300	354	346
Long-Term Deferred Tax Assets	857	895	968	758	841	410
Long-Term Deferred Charges	1,983	2,008	1,755	1,611	1,521	1,342
Other Long-Term Assets	1,127	752	775	1,209	1,492	1,561
Total Assets	113,722	112,118	111,195	109,612	103,171	99,769
Accounts Payable	8,828	8,130	7,549	7,212	5,530	5,197
Accrued Expenses	6,917	6,340	6,304	4,536	4,299	4,099
Short-Term Debt	4,034	1,133	4,004	126	1,594	-
Current Portion of Long-Term Debt	37	151	98	-	21	-
Current Portion of Leases	1,030	1,070	1,049	1,023	1,251	1,065
Current Income Taxes Payable	1,593	1,576	1,909	1,523	1,001	1,078
Current Unearned Revenue	1,324	1,450	1,410	1,513	1,423	1,361
Other Current Liabilities	287	279	286	270	250	291
Total Current Liabilities	24,050	20,129	22,609	16,203	15,369	13,091
Long-Term Debt	42,788	44,120	40,111	43,756	40,847	40,396
Long-Term Leases	969	979	925	1,162	1,458	1,697
Long-Term Unearned Revenue	927	980	1,031	1,159	1,074	1,001
Long-Term Deferred Tax Liabilities	5,624	5,498	5,048	4,674	4,253	3,874
Other Long-Term Liabilities	5,423	5,030	5,042	5,461	2,270	1,740
Total Liabilities	79,781	76,736	74,766	72,415	65,271	61,799
Common Stock	3.79	3.79	3.79	3.79	3.79	3.79
Additional Paid-In Capital	33,758	34,110	34,110	34,067	34,067	34,019
Retained Earnings	725	1,751	2,458	3,120	3,741	3,808
Treasury Stock	-39	-52	-64	-33	-46	-16
Comprehensive Income & Other	-577.58	-504.58	-142.58	-20.58	68.43	93.43
Total Common Equity	33,870	35,308	36,365	37,137	37,834	37,908
Minority Interest	67	70	60	56	62	58
Shareholders' Equity	33,941	35,382	36,429	37,197	37,900	37,970
Total Liabilities & Equity	113,722	112,118	111,195	109,612	103,171	99,769
Total Debt	48,858	47,453	46,187	46,067	45,171	43,158
Net Cash (Debt)	-47,191	-45,380	-43,731	-42,824	-42,223	-39,993
Net Cash Per Share	-6.23	-5.99	-5.77	-5.65	-5.57	-5.28
Filing Date Shares Outstanding	7,575	7,579	7,579	7,575	7,575	7,571
Total Common Shares Outstanding	7,575	7,579	7,579	7,575	7,575	7,571
Working Capital	-14,255	-10,686	-11,449	-5,068	-5,632	-3,170
Book Value Per Share	4.47	4.66	4.80	4.90	4.99	5.01
Tangible Book Value	-35,009	-33,002	-30,620	-29,048	-23,957	-22,616
Tangible Book Value Per Share	-4.62	-4.35	-4.04	-3.83	-3.16	-2.99
Buildings	-	1,353	1,353	1,353	1,389	1,389
Machinery	-	71,169	70,370	68,690	67,223	64,581
Construction In Progress	-	2,683	2,321	2,296	2,094	2,341

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