Varia Berhad (KLSE: VARIA)

Varia Berhad Balance Sheet

Financials in millions MYR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	2.88	2.88	4.43	3.98	2.58	5.72
Short-Term Investments	21.7	21.7	0.48	2.8	5.05	6.7
Cash & Short-Term Investments	24.58	24.58	4.91	6.78	7.63	12.42
Cash Growth	917.27%	400.66%	-27.60%	-11.13%	-38.59%	-41.06%
Accounts Receivable	144.74	144.74	107.66	15.46	38.5	26.83
Other Receivables	1.72	1.72	7.55	4.91	6.72	1.82
Receivables	146.46	146.46	115.21	20.37	45.22	28.66
Inventory	9	9	6.7	6.03	0.69	13.57
Prepaid Expenses	2.04	2.04	-	0.06	2.09	0.3
Other Current Assets	2.97	2.97	26.11	10.12	3.56	13.24
Total Current Assets	185.04	185.04	152.92	43.35	59.19	68.19
Property, Plant & Equipment	9.2	9.2	8.8	6.5	30.42	11.67
Goodwill	369.33	369.33	341.87	-	0.86	0.86
Other Intangible Assets	64.27	64.27	111.12	-	-	-
Other Long-Term Assets	22.86	22.86	23.49	20.16	29.22	18.49
Total Assets	650.7	650.7	638.21	70.02	119.69	99.21
Accounts Payable	75.11	75.11	51.3	8.46	10.71	10.46
Accrued Expenses	5.71	5.71	-	2.75	0.21	0.28
Short-Term Debt	4.02	4.02	3.96	11.45	15.21	11.56
Current Portion of Long-Term Debt	17.31	17.31	2.54	-	0.06	0.06
Current Portion of Leases	0.73	0.73	0.55	0.19	0.52	0.16
Current Income Taxes Payable	-	-	2.07	-	0.25	0.01
Current Unearned Revenue	43.21	43.21	39.65	3.05	1.78	0.81
Other Current Liabilities	9.61	9.61	6.55	3.12	17.89	21.79
Total Current Liabilities	155.69	155.69	106.61	29.03	46.63	45.14
Long-Term Debt	86.91	86.91	100.94	-	0.99	1.03
Long-Term Leases	4.53	4.53	4.37	3.74	17.73	0.18
Long-Term Deferred Tax Liabilities	15.78	15.78	26.96	0.22	0.34	0.24
Other Long-Term Liabilities	-	-	7.37	-	-	-
Total Liabilities	262.91	262.91	246.26	32.99	65.68	46.58
Common Stock	381.71	381.71	381.71	31.71	31.71	31.71
Retained Earnings	6.08	6.08	10.24	5.32	20.03	18.33
Comprehensive Income & Other	-	-	-	-	0.36	-
Total Common Equity	387.79	387.79	391.95	37.03	52.1	50.04
Minority Interest	-	-	-	-	1.9	2.59
Shareholders' Equity	387.79	387.79	391.95	37.03	54.01	52.63
Total Liabilities & Equity	650.7	650.7	638.21	70.02	119.69	99.21
Total Debt	113.49	113.49	112.36	15.38	34.51	12.99
Net Cash (Debt)	-88.92	-88.92	-107.45	-8.6	-26.88	-0.57
Net Cash Per Share	-0.32	-0.32	-0.26	-0.13	-0.40	-0.01
Filing Date Shares Outstanding	432.5	432.5	418.51	67	67	67
Total Common Shares Outstanding	417	417	418.51	67	67	67
Working Capital	29.35	29.35	46.31	14.32	12.56	23.06
Book Value Per Share	0.93	0.93	0.94	0.55	0.78	0.75
Tangible Book Value	-45.81	-45.81	-61.05	37.03	51.25	49.18
Tangible Book Value Per Share	-0.11	-0.11	-0.15	0.55	0.76	0.73
Land	-	-	-	-	0.81	3.98
Machinery	6.27	6.27	-	4.12	5.51	3.42
Construction In Progress	-	-	-	-	8.4	7

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