Curro Holdings Limited (JSE: COH)

Curro Holdings Balance Sheet

Financials in millions ZAR. 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	168	64	63	90	99	114
Short-Term Investments	4	18	9	24	30	31
Trading Asset Securities	-	17	57	90	334	57
Cash & Short-Term Investments	172	99	129	204	463	202
Cash Growth	95.45%	-23.26%	-36.76%	-55.94%	129.21%	-23.77%
Accounts Receivable	361	299	249	235	232	180
Other Receivables	120	18	20	20	34	71
Receivables	488	325	299	284	293	285
Inventory	14	17	14	17	17	14
Prepaid Expenses	-	112	93	73	41	28
Other Current Assets	50	76	40	11	14	43
Total Current Assets	724	629	575	589	828	572
Property, Plant & Equipment	11,108	10,854	10,776	10,105	9,439	9,070
Long-Term Investments	32	5	8	5	6	5
Goodwill	536	536	602	561	561	565
Other Intangible Assets	247	261	300	288	271	265
Long-Term Deferred Tax Assets	-	-	-	-	8	8
Total Assets	12,672	12,310	12,264	11,552	11,114	10,485
Accounts Payable	322	137	115	148	76	85
Accrued Expenses	-	86	83	101	121	96
Short-Term Debt	-	-	-	-	-	99
Current Portion of Long-Term Debt	56	41	36	353	59	84
Current Portion of Leases	62	46	38	35	33	20
Current Income Taxes Payable	11	11	3	2	1	1
Current Unearned Revenue	492	359	327	263	227	214
Other Current Liabilities	39	82	76	45	50	24
Total Current Liabilities	982	762	678	947	567	623
Long-Term Debt	3,314	3,276	3,211	2,487	2,894	3,680
Long-Term Leases	441	378	342	330	323	195
Long-Term Unearned Revenue	25	30	28	24	13	14
Long-Term Deferred Tax Liabilities	762	726	749	664	551	557
Other Long-Term Liabilities	10	10	-	-	-	-
Total Liabilities	5,534	5,182	5,008	4,452	4,348	5,069
Common Stock	5,862	5,988	6,108	6,205	6,205	4,733
Retained Earnings	1,261	1,116	1,115	909	628	676
Comprehensive Income & Other	44	47	47	-4	-65	-4
Total Common Equity	7,167	7,151	7,270	7,110	6,768	5,405
Minority Interest	-29	-23	-14	-10	-2	11
Shareholders' Equity	7,138	7,128	7,256	7,100	6,766	5,416
Total Liabilities & Equity	12,672	12,310	12,264	11,552	11,114	10,485
Total Debt	3,873	3,741	3,627	3,205	3,309	4,078
Net Cash (Debt)	-3,701	-3,642	-3,498	-3,001	-2,846	-3,876
Net Cash Per Share	-6.47	-6.26	-5.85	-5.02	-6.04	-9.41
Filing Date Shares Outstanding	567.1	587.67	597.96	597.96	597.96	412.09
Total Common Shares Outstanding	567.1	587.67	597.96	597.96	597.96	412.09
Working Capital	-258	-133	-103	-358	261	-51
Book Value Per Share	12.64	12.17	12.16	11.89	11.32	13.12
Tangible Book Value	6,384	6,354	6,368	6,261	5,936	4,575
Tangible Book Value Per Share	11.26	10.81	10.65	10.47	9.93	11.10
Land	-	10,671	10,352	9,559	8,833	8,325
Machinery	-	2,043	1,850	1,605	1,441	1,281

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