Favelle Favco Berhad (KLSE: FAVCO)

Favelle Favco Berhad Balance Sheet

Financials in millions MYR. 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	153.48	164.86	121.84	266.92	310.47	289.23
Short-Term Investments	-	1.76	1.44	1.38	17.4	3.19
Cash & Short-Term Investments	153.48	166.62	123.28	268.3	327.88	292.41
Cash Growth	-8.82%	35.16%	-54.05%	-18.17%	12.13%	-10.03%
Accounts Receivable	379	350.31	333.75	319.3	266.04	310.18
Other Receivables	0.74	20.79	32.94	29.33	18.1	27.41
Receivables	379.75	371.09	366.68	348.62	284.14	337.6
Inventory	259.59	229.84	206.09	183.71	197.8	183.38
Prepaid Expenses	-	16.51	7.98	7.62	15.59	18.62
Other Current Assets	-	0.5	0.43	0.03	-	0.12
Total Current Assets	792.82	784.56	704.46	808.28	825.41	832.13
Property, Plant & Equipment	527.76	543.72	548.1	410.67	418.03	373.58
Long-Term Investments	6.4	12.01	10.66	9.25	6.09	10.03
Goodwill	-	75.28	75.28	71.18	71.18	71.18
Long-Term Deferred Tax Assets	29.14	28.75	25.34	23.6	22.15	21.88
Long-Term Deferred Charges	-	-	0.01	0.01	0.02	0.03
Total Assets	1,438	1,451	1,369	1,328	1,347	1,313
Accounts Payable	-	207.15	181.38	157.98	155.04	134.85
Accrued Expenses	-	54.31	29.24	20.37	31.86	47.02
Short-Term Debt	-	51.68	90.81	25.74	31.3	43.13
Current Portion of Long-Term Debt	73.01	8.83	14.62	11.31	10.26	1.69
Current Portion of Leases	6.94	9.29	20.09	14.57	14.74	9.04
Current Income Taxes Payable	10.33	7.87	4.71	6.41	1.44	14.62
Current Unearned Revenue	177.41	162.6	154.23	165.71	173.84	189.13
Other Current Liabilities	291.7	71.52	59.81	75.31	89.89	86.95
Total Current Liabilities	559.38	573.23	554.88	477.4	508.36	526.43
Long-Term Debt	6.47	7.51	9.61	14.17	20.49	8.53
Long-Term Leases	18.57	19.23	12.78	23.8	28.4	12.7
Long-Term Deferred Tax Liabilities	62.89	63.59	58.74	18.18	17.88	14.96
Total Liabilities	647.31	663.56	636.01	533.54	575.13	562.62
Common Stock	196.34	195.07	194.99	162.98	162.98	162.75
Retained Earnings	423.74	426.27	385.05	561.96	531.75	520.81
Treasury Stock	-3.01	-3.01	-3.01	-3.01	-0.02	-0.02
Comprehensive Income & Other	147.16	146.46	132.49	38.74	43.74	31.87
Total Common Equity	764.24	764.79	709.53	760.68	738.45	715.4
Minority Interest	26.93	22.86	23.34	33.59	33.85	35.27
Shareholders' Equity	791.16	787.65	732.87	794.27	772.29	750.67
Total Liabilities & Equity	1,438	1,451	1,369	1,328	1,347	1,313
Total Debt	104.99	96.53	147.9	89.58	105.19	75.08
Net Cash (Debt)	48.49	70.09	-24.62	178.72	222.68	217.33
Net Cash Growth	-9.13%	-	-	-19.74%	2.46%	-21.78%
Net Cash Per Share	0.20	0.30	-0.11	0.80	0.99	0.97
Filing Date Shares Outstanding	234.04	233.71	233.57	229.52	223.93	223.93
Total Common Shares Outstanding	234.04	233.71	233.57	222.6	223.93	223.86
Working Capital	233.44	211.33	149.57	330.88	317.05	305.7
Book Value Per Share	3.27	3.27	3.04	3.42	3.30	3.20
Tangible Book Value	688.95	689.51	634.24	689.49	667.26	644.22
Tangible Book Value Per Share	2.94	2.95	2.72	3.10	2.98	2.88
Land	-	231.07	230.05	87.73	88.28	87.29
Buildings	-	63.18	61.79	61.53	62.33	60.84
Machinery	-	495.24	463.37	451.05	437.68	391.4
Construction In Progress	-	0.7	0.66	0.07	0	0

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