Kossan Rubber Industries Bhd (KLSE: KOSSAN)

KOSSAN 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	1,293	1,271	1,348	2,558	1,090	162.25
Trading Asset Securities	777.1	822.71	724.57	-	-	-
Cash & Short-Term Investments	2,070	2,094	2,073	2,558	1,090	162.25
Cash Growth	1.82%	1.04%	-18.97%	134.76%	571.50%	10.89%
Accounts Receivable	271.87	237.69	264.85	542.38	600.7	396
Other Receivables	244.12	203.54	210.1	20.33	20.96	35.84
Receivables	515.99	441.23	474.97	562.72	621.66	431.85
Inventory	260.15	239.23	287.07	424.02	439.95	321.53
Prepaid Expenses	-	19.21	15.32	33.02	60.31	16.12
Other Current Assets	-	5.92	6.58	7.03	24.05	7.86
Total Current Assets	2,846	2,800	2,857	3,585	2,235	939.6
Property, Plant & Equipment	1,354	1,364	1,420	1,420	1,316	1,311
Long-Term Investments	0.37	0.37	0.18	1.53	1.77	1.75
Goodwill	4.93	4.93	4.93	4.93	4.93	4.93
Other Intangible Assets	1.23	1.18	1.11	1.11	7.96	4.64
Long-Term Deferred Tax Assets	3.94	3.95	4.25	1.92	0.19	13.4
Other Long-Term Assets	27.96	28.11	40.17	65.59	67.59	101.92
Total Assets	4,238	4,202	4,327	5,080	3,634	2,377
Accounts Payable	212.38	108.98	111.91	166	182.27	143.09
Accrued Expenses	-	47.39	49.08	93.84	34.72	32.23
Short-Term Debt	17.02	9.52	27.35	130.46	383.21	324.74
Current Portion of Long-Term Debt	-	0.29	43.23	51.45	64.55	77.2
Current Portion of Leases	2.45	2.4	6.21	5.16	4.53	3.58
Current Income Taxes Payable	-	2.11	1.86	316.97	43.76	1.91
Current Unearned Revenue	-	7.35	4.71	23.47	187.99	-
Other Current Liabilities	1.34	35.68	40.41	37.95	84.21	77.85
Total Current Liabilities	233.19	213.72	284.75	825.29	985.25	660.62
Long-Term Debt	-	-	0.29	55.52	106.97	163.29
Long-Term Leases	3.89	5.13	6.47	9.22	11.41	9.29
Long-Term Deferred Tax Liabilities	119.98	120.48	137.7	129.4	117.11	93.03
Total Liabilities	357.06	339.32	429.22	1,019	1,221	926.23
Common Stock	323.89	323.89	323.89	323.89	323.89	323.89
Retained Earnings	3,534	3,522	3,572	3,721	2,067	1,096
Treasury Stock	-26.76	-26.76	-26.76	-26.76	-13.8	-
Comprensive Income & Other	21.58	17.01	6.25	13.83	7.53	4.75
Total Common Equity	3,852	3,836	3,876	4,032	2,385	1,424
Minority Interest	28.32	27.02	22.27	28	28.41	26.72
Shareholders' Equity	3,881	3,863	3,898	4,060	2,413	1,451
Total Liabilities & Equity	4,238	4,202	4,327	5,080	3,634	2,377
Total Debt	23.36	17.34	83.55	251.8	570.68	578.11
Net Cash (Debt)	2,046	2,077	1,989	2,306	518.83	-415.86
Net Cash Growth	2.85%	4.41%	-13.74%	344.46%	-	-
Net Cash Per Share	0.80	0.81	0.78	0.90	0.20	-0.16
Filing Date Shares Outstanding	2,552	2,552	2,552	2,552	2,555	2,558
Total Common Shares Outstanding	2,552	2,552	2,552	2,552	2,555	2,558
Working Capital	2,613	2,586	2,572	2,759	1,250	278.98
Book Value Per Share	1.51	1.50	1.52	1.58	0.93	0.56
Tangible Book Value	3,846	3,830	3,870	4,026	2,372	1,415
Tangible Book Value Per Share	1.51	1.50	1.52	1.58	0.93	0.55
Land	-	354.6	354.64	354.91	320.9	284.22
Buildings	-	426.4	430.93	429.6	389.74	339.29
Machinery	-	1,231	1,295	1,350	1,257	1,125
Construction In Progress	-	217.88	161.56	101	61.47	115.06

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