Mega First Corporation Berhad (KLSE: MFCB)

MFCB 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	611.14	163.87	135.37	233.24	52.09	58.27
Short-Term Investments	-	317.89	352.25	21.53	37.71	30.96
Accounts Receivable	481.32	429.07	407.73	360.32	272.98	75.43
Other Receivables	-	16.52	8.87	6.86	7.86	11.05
Inventory	141.81	131.74	147.88	128.86	61.8	66.97
Prepaid Expenses	-	18.99	13.6	21.63	14.68	7.57
Restricted Cash	-	0.67	0.15	0.15	0.15	0.15
Loans Receivable Current	-	-	-	3.52	-	-
Other Current Assets	49.86	71.17	16.54	20.65	15.54	5.05
Total Current Assets	1,284	1,150	1,082	796.76	462.81	255.46
Property, Plant & Equipment	1,141	648.26	600.7	539.72	354.53	318.76
Goodwill	56.94	54.67	54.67	54.67	8.36	8.36
Other Intangible Assets	1,949	1,940	1,941	1,922	1,932	2,048
Long-Term Investments	281.34	300.62	327.22	346.54	102.78	53.72
Long-Term Deferred Tax Assets	0.04	2.93	-	-	-	-
Long-Term Deferred Charges	17.73	203.05	74.57	0.63	-	-
Other Long-Term Assets	308.97	208.91	208.65	208.65	221.18	220.66
Total Assets	5,039	4,508	4,289	3,869	3,082	2,905
Accounts Payable	-	81.53	82.19	66.75	88.25	278.19
Accrued Expenses	-	38.84	42.27	32.38	17.58	15.56
Short-Term Debt	218.04	140.73	151.36	146.75	17.69	704.57
Current Portion of Long-Term Debt	311.85	294.47	164.84	126.54	105.78	18.03
Current Unearned Revenue	-	6.27	6.57	6.64	5.95	5.99
Current Portion of Leases	4.23	6	6.99	8	5.46	4.12
Current Income Taxes Payable	-	3.73	1.82	0.54	1.01	0.91
Other Current Liabilities	257.77	38.46	22.88	12.2	29.93	31.81
Total Current Liabilities	791.89	610.02	478.92	399.81	271.65	1,059
Long-Term Debt	513.53	466.13	396.75	504.59	534.4	27.93
Long-Term Leases	13.48	9.94	12.76	15.59	9	9.71
Pension & Post-Retirement Benefits	0.61	0.59	0.54	0.54	0.49	0.44
Long-Term Deferred Tax Liabilities	139.09	126.95	124.32	119.51	100.54	95.94
Other Long-Term Liabilities	72.52	70.76	84.7	89.66	-	-
Total Liabilities	1,531	1,284	1,098	1,130	916.08	1,193
Common Stock	743.12	743.12	743.12	743.12	743.12	593.59
Retained Earnings	2,368	2,207	1,937	1,607	1,206	966.07
Treasury Stock	-45.52	-45.52	-37.26	-36.87	-30.05	-30.05
Comprensive Income & Other	216.56	152.27	108.26	80.01	8.56	5.63
Total Common Equity	3,282	3,057	2,751	2,393	1,928	1,535
Minority Interest	226.26	167.11	440.38	346.47	238.1	176.64
Shareholders' Equity	3,508	3,224	3,191	2,740	2,166	1,712
Total Liabilities & Equity	5,039	4,508	4,289	3,869	3,082	2,905
Total Debt	1,061	917.27	732.71	801.47	672.34	764.36
Net Cash (Debt)	-449.99	-435.51	-245.08	-546.7	-582.54	-675.13
Net Cash Per Share	-0.48	-0.46	-0.26	-0.58	-0.64	-0.79
Filing Date Shares Outstanding	942.76	942.76	945.31	945.31	947.36	835.69
Total Common Shares Outstanding	942.76	942.76	945.31	945.42	947.36	835.69
Working Capital	492.24	539.9	603.47	396.95	191.16	-803.72
Book Value Per Share	3.48	3.24	2.91	2.53	2.03	1.84
Tangible Book Value	1,276	1,062	755.15	416.14	-12.89	-521.25
Tangible Book Value Per Share	1.35	1.13	0.80	0.44	-0.01	-0.62
Land	-	128.63	122.19	111.18	56.76	53.06
Machinery	-	718.71	769.73	671.71	274.69	251.7

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