Korea District Heating Corp. (KRX: 071320)

Korea District Heating Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	62,459	14,123	39,041	16,578	29,604	20,441
Short-Term Investments	2,700	2,200	2,900	2,000	2,000	2,000
Trading Asset Securities	-	-	-	517.76	181.33	1.97
Cash & Short-Term Investments	65,159	16,323	41,941	19,096	31,786	22,443
Cash Growth	-50.50%	-61.08%	119.64%	-39.92%	41.63%	-56.94%
Accounts Receivable	204,812	707,448	849,790	544,990	434,147	477,990
Other Receivables	77,508	79,728	108,548	71,059	35,634	21,407
Receivables	289,867	796,426	970,693	626,028	476,838	504,394
Inventory	31,380	61,273	60,023	39,137	38,853	34,757
Prepaid Expenses	-	2,828	3,098	4,500	5,032	4,053
Other Current Assets	75,775	22,792	43,603	22,780	31,397	24,859
Total Current Assets	462,182	899,641	1,119,358	711,541	583,906	590,506
Property, Plant & Equipment	6,537,314	6,297,765	5,948,018	5,495,589	5,224,383	5,055,259
Long-Term Investments	14,189	14,414	15,823	13,040	9,712	9,697
Other Intangible Assets	61,659	69,810	76,916	80,080	82,291	81,384
Long-Term Accounts Receivable	-	-	0	-0	0	0
Long-Term Deferred Tax Assets	81,825	121,744	139,316	75,321	79,800	59,749
Other Long-Term Assets	580,736	493,444	100,890	78,567	38,107	48,367
Total Assets	7,812,450	7,968,409	7,478,130	6,517,362	6,073,139	5,892,614
Accounts Payable	195,331	505,606	1,003,402	507,423	231,903	272,017
Accrued Expenses	72,462	74,207	66,328	53,207	56,025	48,975
Short-Term Debt	540,000	540,000	530,000	470,288	-	60,000
Current Portion of Long-Term Debt	329,890	759,807	259,863	329,948	429,909	409,902
Current Portion of Leases	8,759	9,123	8,520	10,070	9,321	6,696
Current Income Taxes Payable	-	8,184	85.44	845.51	4,919	250.23
Current Unearned Revenue	49,377	48,251	45,463	42,223	39,735	36,615
Other Current Liabilities	102,140	83,113	82,295	100,678	149,127	80,580
Total Current Liabilities	1,297,958	2,028,292	1,995,956	1,514,682	920,938	915,036
Long-Term Debt	3,133,159	2,683,222	2,670,039	2,087,480	2,317,785	2,457,348
Long-Term Leases	103,561	109,746	111,751	107,303	102,327	93,350
Long-Term Unearned Revenue	1,041,915	1,041,114	1,026,337	976,710	917,001	856,877
Other Long-Term Liabilities	14,767	12,791	7,043	8,009	11,353	25,275
Total Liabilities	5,591,361	5,875,166	5,811,127	4,694,184	4,269,404	4,363,221
Common Stock	57,894	57,894	57,894	57,894	57,894	57,894
Additional Paid-In Capital	113,713	113,713	113,713	113,713	113,713	113,713
Retained Earnings	1,548,039	1,415,927	1,229,630	1,397,948	1,384,803	1,360,969
Comprehensive Income & Other	496,616	500,932	260,969	253,624	247,325	-3,182
Total Common Equity	2,216,263	2,088,466	1,662,207	1,823,179	1,803,735	1,529,394
Minority Interest	4,827	4,778	4,796	-	-	-
Shareholders' Equity	2,221,089	2,093,244	1,667,003	1,823,179	1,803,735	1,529,394
Total Liabilities & Equity	7,812,450	7,968,409	7,478,130	6,517,362	6,073,139	5,892,614
Total Debt	4,115,369	4,101,899	3,580,173	3,005,089	2,859,342	3,027,297
Net Cash (Debt)	-4,050,210	-4,085,576	-3,538,232	-2,985,993	-2,827,557	-3,004,854
Net Cash Per Share	-349796.97	-352851.42	-305579.92	-257885.78	-244202.35	-259514.69
Filing Date Shares Outstanding	11.58	11.58	11.58	11.58	11.58	11.58
Total Common Shares Outstanding	11.58	11.58	11.58	11.58	11.58	11.58
Working Capital	-835,776	-1,128,651	-876,599	-803,141	-337,032	-324,530
Book Value Per Share	191407.86	180370.65	143556.73	157459.12	155779.83	132086.31
Tangible Book Value	2,154,604	2,018,655	1,585,291	1,743,099	1,721,444	1,448,009
Tangible Book Value Per Share	186082.70	174341.48	136913.87	150542.98	148672.76	125057.55
Land	1,052,711	1,052,708	1,052,884	1,029,015	1,029,015	1,029,416
Buildings	733,516	1,182,616	1,145,155	1,059,110	1,008,306	992,900
Machinery	3,685,188	7,354,825	6,880,121	6,383,195	6,055,470	5,692,973
Construction In Progress	930,073	685,430	580,628	428,115	317,938	342,291

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