South Ocean Holdings Limited (JSE: SOH)

South Ocean 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	-	84.26	133.93	139.97	20.75	15.79
Short-Term Investments	-	0.27	0.23	2.54	0.23	0.42
Cash & Short-Term Investments	-	84.53	134.16	142.51	20.98	16.21
Cash Growth	-	-36.99%	-5.86%	579.36%	29.38%	1.18%
Accounts Receivable	475.04	255.97	181.61	182.45	247.11	191.72
Other Receivables	0.03	14.23	13.37	13.35	11.43	11.97
Receivables	475.07	270.2	196.92	195.8	258.54	203.69
Inventory	686.5	380.4	295.35	209.5	182.35	175.69
Prepaid Expenses	-	3.04	8.74	0.12	2.88	3.4
Other Current Assets	-	-	-	-	-	86
Total Current Assets	1,162	738.17	635.17	547.93	464.74	484.99
Property, Plant & Equipment	313.1	320.14	249.1	206.95	229.06	220.01
Long-Term Investments	11.54	9.05	-	-	-	-
Long-Term Deferred Tax Assets	11.93	11.9	1.21	0.58	0.55	0.8
Total Assets	1,502	1,086	885.47	755.46	694.35	705.8
Accounts Payable	454.71	177.37	173.55	56.47	77.31	92.76
Accrued Expenses	4.7	46.95	31.03	37.83	36.18	26.52
Short-Term Debt	176.79	-	-	-	-	34.55
Current Portion of Long-Term Debt	9.22	15.8	14.62	13.53	16.58	14.03
Current Portion of Leases	8.45	14.84	2.87	1.94	2.4	2.79
Current Income Taxes Payable	0.99	0.77	5.63	3.01	0.62	-
Other Current Liabilities	-	0.21	13	0.21	3.51	2.53
Total Current Liabilities	654.85	255.94	240.69	112.99	136.58	173.18
Long-Term Debt	63.49	66.21	24.04	33.81	27.29	26.39
Long-Term Leases	66.37	68.06	2.7	4.57	6.87	12.67
Long-Term Deferred Tax Liabilities	22.74	22.91	20	25.17	22.56	20.52
Other Long-Term Liabilities	2.67	2.29	4.11	11.66	2.78	1.74
Total Liabilities	810.13	415.41	291.54	188.2	196.08	234.5
Common Stock	1.74	1.74	1.74	1.74	1.74	1.74
Additional Paid-In Capital	459.6	459.6	459.6	459.6	459.6	459.6
Retained Earnings	229.94	208.57	133.59	105.46	36.49	9.55
Comprehensive Income & Other	0.58	0.52	0.46	0.45	0.43	0.41
Total Common Equity	691.86	670.43	595.4	567.25	498.27	471.31
Minority Interest	-	-	-1.46	-	-	-
Shareholders' Equity	691.86	670.43	593.93	567.25	498.27	471.31
Total Liabilities & Equity	1,502	1,086	885.47	755.46	694.35	705.8
Total Debt	324.32	164.91	44.23	53.86	53.14	90.42
Net Cash (Debt)	-324.32	-80.39	89.93	88.65	-32.16	-74.21
Net Cash Growth	-	-	1.44%	-	-	-
Net Cash Per Share	-1.60	-0.40	0.44	0.44	-0.16	-0.37
Filing Date Shares Outstanding	203.28	203.28	203.28	203.28	203.28	203.28
Total Common Shares Outstanding	203.28	203.28	203.28	203.28	203.28	203.28
Working Capital	506.71	482.23	394.47	434.94	328.15	311.81
Book Value Per Share	3.40	3.30	2.93	2.79	2.45	2.32
Tangible Book Value	691.86	670.43	595.4	567.25	498.27	471.31
Tangible Book Value Per Share	3.40	3.30	2.93	2.79	2.45	2.32
Buildings	-	102.46	102.46	102.46	102.31	97.5
Machinery	-	332.35	281.26	281.92	275.28	237.08
Construction In Progress	-	17.93	52.33	3.91	8.68	18.06

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