Workforce Holdings Limited (JSE: WKF)

Workforce 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	79.1	113.72	68.04	78.96	79.27	49.01
Short-Term Investments	-	4.75	4.97	4.92	4.14	4.1
Cash & Short-Term Investments	79.1	118.46	73	83.87	83.41	53.11
Cash Growth	-6.87%	62.28%	-12.96%	0.56%	57.05%	17.26%
Accounts Receivable	937.53	890.47	1,066	819.21	647.98	775.55
Other Receivables	4.96	21.97	12.27	34.39	116.01	59.64
Receivables	948.19	917.51	1,095	874.76	763.99	835.19
Inventory	2.36	2.19	4.68	3.92	3.91	4.23
Total Current Assets	1,030	1,038	1,172	962.55	851.31	892.53
Property, Plant & Equipment	51.15	54.65	68.11	74.27	77.78	48.83
Long-Term Investments	6.47	6.32	7.06	6.91	6.63	6.94
Goodwill	257.3	253.41	253.41	253.41	215.78	192.99
Other Intangible Assets	80.85	66.95	61.97	68.76	77.19	74.28
Long-Term Deferred Tax Assets	169.71	163.47	102.83	82.19	71.01	63.88
Long-Term Deferred Charges	-	3.94	0.27	0.22	0.13	0.02
Total Assets	1,595	1,587	1,666	1,448	1,300	1,279
Accounts Payable	110.11	121.3	127.04	52.2	27.92	42.44
Accrued Expenses	101.69	79.9	45.58	82.28	48.14	53.38
Short-Term Debt	-	311.01	341.94	270.24	196.35	311.19
Current Portion of Long-Term Debt	271.83	1.5	19.41	50.61	56.47	30
Current Portion of Leases	20.11	26.28	21.46	17.65	15.42	18.48
Current Unearned Revenue	-	-	-	37.71	40.62	19.4
Other Current Liabilities	102.26	75.64	93.43	61.62	109.93	52.69
Total Current Liabilities	606	615.62	648.85	572.32	494.86	527.57
Long-Term Debt	54.47	53.58	57.64	27.52	19.91	17.3
Long-Term Leases	6.78	15.56	31.03	39.31	48.43	15.18
Long-Term Deferred Tax Liabilities	17.4	17.4	13.63	3.58	2.39	24.54
Total Liabilities	684.65	702.17	751.15	642.73	565.59	584.59
Common Stock	235.22	235.22	234.05	234.05	234.05	234.05
Retained Earnings	683.84	653.34	685.52	572.78	506.48	469.12
Treasury Stock	-10.53	-10.53	-13.56	-13.56	-13.08	-13.08
Comprehensive Income & Other	-3.85	-3.47	2.84	6.49	3.11	5.23
Total Common Equity	904.68	874.57	908.84	799.75	730.56	695.33
Minority Interest	5.81	10.18	5.96	5.83	3.68	-0.45
Shareholders' Equity	910.48	884.75	914.8	805.59	734.24	694.88
Total Liabilities & Equity	1,595	1,587	1,666	1,448	1,300	1,279
Total Debt	353.18	407.93	471.47	405.34	336.58	392.14
Net Cash (Debt)	-274.08	-289.47	-398.47	-321.47	-253.18	-339.03
Net Cash Per Share	-1.17	-1.27	-1.77	-1.43	-1.12	-1.46
Filing Date Shares Outstanding	241.57	227.2	225	225.49	225.49	226.65
Total Common Shares Outstanding	241.57	227.2	225	225	225.49	225.49
Working Capital	423.65	422.54	523.45	390.23	356.45	364.96
Book Value Per Share	3.74	3.85	4.04	3.55	3.24	3.08
Tangible Book Value	566.53	554.2	593.46	477.58	437.59	428.05
Tangible Book Value Per Share	2.35	2.44	2.64	2.12	1.94	1.90
Land	-	2.22	2.22	2.7	2.7	2.7
Machinery	-	65.89	55.8	52.87	55.47	68.24
Leasehold Improvements	-	8.46	6.94	4.9	4.5	4.16

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