FTG Holdings Balance Sheet

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	75.37	54.11	131.93	73.33	54.33	59.92
Short-Term Investments	-	-	-	80.62	34.73	11.51
Cash & Short-Term Investments	75.37	54.11	131.93	153.95	89.05	71.43
Cash Growth	45.88%	-58.99%	-14.31%	72.88%	24.68%	-40.41%
Accounts Receivable	1,083	1,186	932.06	623.29	511.44	475.94
Other Receivables	18.28	10.66	17.78	100.48	87.37	69.3
Receivables	1,101	1,196	949.84	723.78	598.81	545.25
Inventory	726.61	698.53	882.38	793.93	685.66	500.57
Prepaid Expenses	-	-	-	14.94	33.32	32.95
Other Current Assets	-0	-	-	17.52	6.31	6.67
Total Current Assets	1,903	1,949	1,964	1,704	1,413	1,157
Property, Plant & Equipment	1,851	1,448	1,788	1,595	1,267	1,168
Goodwill	71.85	71.85	71.85	71.85	71.85	71.85
Other Intangible Assets	201.76	204.78	186.98	165.37	122.75	92.64
Long-Term Deferred Tax Assets	84.38	54.96	-	-	-	-
Total Assets	4,112	3,728	4,011	3,536	2,875	2,489
Accounts Payable	951.79	588.68	703.79	629.12	539.42	420.79
Accrued Expenses	-	56.93	150.26	132.9	92.74	74.97
Short-Term Debt	481.5	491.88	503.29	365.68	329.71	13.38
Current Portion of Long-Term Debt	493.06	493.14	529.13	817.73	382.55	228.73
Current Portion of Leases	4.05	4.05	3.76	4.05	4.05	26.16
Other Current Liabilities	0	-	-	-	-	-
Total Current Liabilities	1,930	1,635	1,890	1,949	1,348	1,042
Long-Term Debt	681.55	784.08	684.08	196.26	215.43	211.42
Long-Term Leases	113.26	84.9	61.67	51.02	82.61	88.1
Long-Term Deferred Tax Liabilities	30.16	-	64.89	53.87	38.25	62.32
Total Liabilities	2,755	2,504	2,701	2,251	1,685	1,404
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	434.13	510.49	306.59	378.21	593.18	490.64
Comprehensive Income & Other	623.52	414.69	704.49	608.12	297.52	294.94
Shareholders' Equity	1,357	1,225	1,310	1,286	1,190	1,085
Total Liabilities & Equity	4,112	3,728	4,011	3,536	2,875	2,489
Total Debt	1,773	1,858	1,782	1,435	1,014	567.79
Net Cash (Debt)	-1,698	-1,804	-1,650	-1,281	-925.3	-496.36
Net Cash Per Share	-9.54	-10.13	-9.27	-7.19	-5.20	-2.79
Filing Date Shares Outstanding	177.59	178.05	178.05	178.05	178.05	178.05
Total Common Shares Outstanding	177.59	178.05	178.05	178.05	178.05	178.05
Working Capital	-27.08	314.29	73.91	-245.35	64.68	114.58
Book Value Per Share	7.64	6.88	7.36	7.22	6.68	6.09
Tangible Book Value	1,083	947.9	1,052	1,048	995.45	920.43
Tangible Book Value Per Share	6.10	5.32	5.91	5.89	5.59	5.17
Land	-	441.77	751.26	708.08	4.86	15.95
Buildings	-	-	-	-	445.24	417.11
Machinery	-	1,522	1,529	1,336	1,143	959.8
Construction In Progress	-	-	-	-	-	1.09

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.