Labat Africa Limited (JSE: LAB)

Labat Africa Balance Sheet

Financials in millions ZAR. Fiscal year is June - May.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 31, 2024	May 31, 2023	May 31, 2022	Aug 31, 2021	Aug 31, 2020
Cash & Equivalents	2.98	2.81	2.75	14.44	9.01
Short-Term Investments	0.03	0.03	0.03	0.03	-
Cash & Short-Term Investments	3	2.84	2.78	14.47	9.01
Cash Growth	5.85%	2.09%	-80.80%	60.55%	-29.97%
Accounts Receivable	4.29	3.01	2.06	5.12	8.85
Other Receivables	59	57.48	55.9	54.44	21.24
Receivables	65.07	63.48	60.7	62.25	30.09
Inventory	6.92	8.8	5.46	4.33	2.38
Prepaid Expenses	0.12	0.12	0.13	0.09	-
Total Current Assets	75.11	75.24	69.07	81.15	41.48
Property, Plant & Equipment	7.13	9.13	11.18	8.63	7.4
Goodwill	1.25	1.25	1.25	-	-
Other Intangible Assets	30.45	37.47	111.26	116.35	123.55
Long-Term Deferred Tax Assets	2.65	2.64	14.88	16.43	17.47
Other Long-Term Assets	6.8	7.2	-	-	-
Total Assets	123.39	132.94	207.62	222.56	189.89
Accounts Payable	17.22	12.23	10.46	10.66	10.22
Accrued Expenses	9.35	8.54	3.58	1.73	1.49
Short-Term Debt	5.17	4.32	4.69	4.49	6.94
Current Portion of Leases	1.65	1.52	1.48	1.27	1.32
Current Income Taxes Payable	55.8	47.35	37.85	32.84	14.86
Current Unearned Revenue	0.28	0.28	0.24	0.88	-
Other Current Liabilities	4.16	1.36	1.71	3.38	0.54
Total Current Liabilities	93.63	75.6	60.01	55.26	35.37
Long-Term Leases	6.48	7.45	8.12	8.15	6.32
Long-Term Unearned Revenue	0.55	0.83	1.1	2.26	-
Long-Term Deferred Tax Liabilities	7.61	9.51	27.26	29.33	31.62
Other Long-Term Liabilities	34.58	29.77	24.68	26.26	40.62
Total Liabilities	142.85	123.15	121.17	121.26	113.92
Common Stock	177.15	173.56	164.39	142.65	97.18
Additional Paid-In Capital	71.25	71.25	71.25	71.25	71.25
Retained Earnings	-271.73	-243.96	-157.1	-121.05	-98.32
Treasury Stock	-0.48	-0.48	-0.48	-0.48	-0.48
Comprehensive Income & Other	0.01	0.05	-0.8	-0.77	0.17
Total Common Equity	-23.8	0.42	77.25	91.59	69.79
Minority Interest	4.35	9.37	9.2	9.71	6.17
Shareholders' Equity	-19.45	9.79	86.45	101.31	75.96
Total Liabilities & Equity	123.39	132.94	207.62	222.56	189.89
Total Debt	13.3	13.28	14.3	13.91	14.58
Net Cash (Debt)	-10.3	-10.45	-11.52	0.56	-5.57
Net Cash Per Share	-0.02	-0.02	-0.02	0.00	-0.02
Filing Date Shares Outstanding	666.22	636.29	562.12	479.54	386.99
Total Common Shares Outstanding	666.22	636.29	562.12	479.54	386.99
Working Capital	-18.52	-0.36	9.06	25.89	6.11
Book Value Per Share	-0.04	0.00	0.14	0.19	0.18
Tangible Book Value	-55.5	-38.31	-35.26	-24.76	-53.76
Tangible Book Value Per Share	-0.08	-0.06	-0.06	-0.05	-0.14
Land	3.1	3.1	3.1	-	-
Machinery	7.12	7.36	5.95	5.67	5.35

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