The a2 Milk Company Limited (NZE: ATM)

The a2 Milk Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	518.94	518.94	352.23	437.31	875.15	413.03
Short-Term Investments	450	450	450	450	-	441.15
Cash & Short-Term Investments	968.94	968.94	802.23	887.31	875.15	854.18
Cash Growth	20.78%	20.78%	-9.59%	1.39%	2.46%	83.77%
Accounts Receivable	50.73	50.73	57.69	67.29	47.73	63.5
Other Receivables	27.34	27.34	21.53	22.07	33.99	7.2
Receivables	78.07	78.07	79.22	89.35	81.72	70.7
Inventory	179.65	179.65	193.44	140.04	112.2	147.33
Prepaid Expenses	52.55	52.55	45.68	54.54	27.82	56.34
Other Current Assets	8.74	8.74	1.54	-	-	-
Total Current Assets	1,288	1,288	1,122	1,171	1,097	1,129
Property, Plant & Equipment	257.35	257.35	262.57	256.58	32.46	30.35
Long-Term Investments	13.25	13.25	71.97	135.26	157.8	252.58
Goodwill	102.38	102.38	102.35	102.47	8.17	8.13
Other Intangible Assets	8.71	8.71	6.07	6.85	6.97	4.56
Long-Term Deferred Tax Assets	34.13	34.13	28.62	25.73	53.1	28.2
Long-Term Deferred Charges	-	-	-	-	-	0.96
Other Long-Term Assets	31.1	31.1	18.04	17.72	16.61	-
Total Assets	1,735	1,735	1,612	1,716	1,372	1,453
Accounts Payable	83.87	83.87	54.72	83.11	40.99	129.95
Accrued Expenses	263.41	263.41	251.01	292.98	225.31	151.97
Current Portion of Long-Term Debt	-	-	15	40.79	-	-
Current Portion of Leases	5.6	5.6	4.18	3.13	3.65	3.41
Current Income Taxes Payable	57.38	57.38	43.31	-	-	16.33
Current Unearned Revenue	0.3	0.3	7.49	3.17	4.75	3.77
Other Current Liabilities	6.22	6.22	3.5	17	-	-
Total Current Liabilities	416.77	416.77	379.21	440.17	274.69	305.43
Long-Term Debt	37.89	37.89	67.04	66.21	-	-
Long-Term Leases	22.73	22.73	15.31	14.22	12.85	13.44
Other Long-Term Liabilities	0.71	0.71	0.66	1.29	0.51	0.39
Total Liabilities	478.1	478.1	462.21	521.89	288.05	319.26
Common Stock	0.1	0.1	0.1	149.16	149.12	146.93
Retained Earnings	1,491	1,491	1,323	1,168	1,045	964.28
Treasury Stock	-8.71	-8.71	-13.6	-15.8	-3.77	-10.03
Comprensive Income & Other	-215.69	-215.69	-163.88	-120.54	-106.33	32.88
Total Common Equity	1,266	1,266	1,146	1,180	1,084	1,134
Minority Interest	-9.7	-9.7	3.68	13.58	-	-
Shareholders' Equity	1,257	1,257	1,150	1,194	1,084	1,134
Total Liabilities & Equity	1,735	1,735	1,612	1,716	1,372	1,453
Total Debt	66.22	66.22	101.53	124.35	16.5	16.84
Net Cash (Debt)	902.72	902.72	700.71	762.96	858.65	837.34
Net Cash Growth	28.83%	28.83%	-8.16%	-11.14%	2.55%	80.15%
Net Cash Per Share	1.24	1.24	0.95	1.03	1.16	1.13
Filing Date Shares Outstanding	722.93	722.93	721.98	743.66	743.41	739.86
Total Common Shares Outstanding	722.93	722.93	721.98	743.66	743.41	739.83
Working Capital	871.17	871.17	742.9	731.07	822.2	823.12
Book Value Per Share	1.75	1.75	1.59	1.59	1.46	1.53
Tangible Book Value	1,155	1,155	1,037	1,071	1,069	1,121
Tangible Book Value Per Share	1.60	1.60	1.44	1.44	1.44	1.52
Land	8.76	8.76	8.76	8.76	-	-
Buildings	57.4	57.4	56.5	56.06	2.07	1.72
Machinery	217.26	217.26	208.62	192.59	21.43	17.77
Leasehold Improvements	7.16	7.16	6.04	6.02	5.46	4.35

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