FTG Holdings Ltd (NASE: FTGH)

FTG Holdings Balance Sheet

Financials in millions KES. 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	51.66	131.93	73.33	54.33	59.92	88.74
Short-Term Investments	-	-	80.62	34.73	11.51	31.12
Cash & Short-Term Investments	51.66	131.93	153.95	89.05	71.43	119.86
Cash Growth	-32.73%	-14.31%	72.88%	24.68%	-40.41%	31.32%
Accounts Receivable	934.96	932.06	623.29	511.44	475.94	527.23
Other Receivables	13.96	17.78	100.48	87.37	69.3	79.89
Receivables	948.93	949.84	723.78	598.81	545.25	607.13
Inventory	747.7	882.38	793.93	685.66	500.57	341.69
Prepaid Expenses	-	-	14.94	33.32	32.95	2.64
Other Current Assets	230.43	-	17.52	6.31	6.67	8.02
Total Current Assets	1,979	1,964	1,704	1,413	1,157	1,079
Property, Plant & Equipment	1,641	1,788	1,595	1,267	1,168	1,044
Goodwill	71.85	71.85	71.85	71.85	71.85	71.85
Other Intangible Assets	195.64	186.98	165.37	122.75	92.64	86.15
Total Assets	3,887	4,011	3,536	2,875	2,489	2,281
Accounts Payable	753.38	703.79	629.12	539.42	420.79	494.25
Accrued Expenses	-	150.26	132.9	92.74	74.97	33.2
Short-Term Debt	431.03	503.29	365.68	329.71	13.38	161.2
Current Portion of Long-Term Debt	660.41	529.13	817.73	382.55	228.73	175.37
Current Portion of Leases	4.05	3.76	4.05	4.05	26.16	-
Current Income Taxes Payable	-	-	-	-	-	12.78
Other Current Liabilities	-	-	-	-	-	13.38
Total Current Liabilities	1,849	1,890	1,949	1,348	1,042	890.17
Long-Term Debt	635.25	684.08	196.26	215.43	211.42	284.95
Long-Term Leases	46.56	61.67	51.02	82.61	88.1	-
Long-Term Deferred Tax Liabilities	72.04	64.89	53.87	38.25	62.32	48.91
Total Liabilities	2,603	2,701	2,251	1,685	1,404	1,224
Common Stock	146.89	146.89	146.89	146.89	146.89	146.89
Additional Paid-In Capital	152.45	152.45	152.45	152.45	152.45	152.45
Retained Earnings	215.98	306.59	378.21	593.18	490.64	420.84
Comprehensive Income & Other	769.25	704.49	608.12	297.52	294.94	336.96
Shareholders' Equity	1,285	1,310	1,286	1,190	1,085	1,057
Total Liabilities & Equity	3,887	4,011	3,536	2,875	2,489	2,281
Total Debt	1,777	1,782	1,435	1,014	567.79	621.52
Net Cash (Debt)	-1,726	-1,650	-1,281	-925.3	-496.36	-501.66
Net Cash Per Share	-9.49	-9.27	-7.19	-5.20	-2.79	-2.82
Filing Date Shares Outstanding	177.67	178.05	178.05	178.05	178.05	178.05
Total Common Shares Outstanding	177.67	178.05	178.05	178.05	178.05	178.05
Working Capital	129.85	73.91	-245.35	64.68	114.58	189.16
Book Value Per Share	7.23	7.36	7.22	6.68	6.09	5.94
Tangible Book Value	1,017	1,052	1,048	995.45	920.43	899.15
Tangible Book Value Per Share	5.72	5.91	5.89	5.59	5.17	5.05
Land	-	751.26	708.08	4.86	15.95	15.65
Buildings	-	-	-	445.24	417.11	417.11
Machinery	-	1,529	1,336	1,143	959.8	881.22
Construction In Progress	-	-	-	-	1.09	-

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