Fonterra Co-operative Group Limited (NZE: FCG)

NZE: FCG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2024	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Cash & Equivalents	540	540	1,822	288	985	788
Trading Asset Securities	-	-	-	-	-	157
Cash & Short-Term Investments	540	540	1,822	288	985	945
Cash Growth	-70.36%	-70.36%	532.64%	-70.76%	4.23%	71.82%
Accounts Receivable	1,834	1,834	2,074	2,362	1,680	1,635
Other Receivables	182	182	346	114	98	184
Receivables	2,016	2,016	2,420	2,476	1,778	1,819
Inventory	4,405	4,405	4,306	5,148	3,766	3,268
Prepaid Expenses	130	130	102	70	55	57
Other Current Assets	351	351	805	810	853	1,530
Total Current Assets	7,442	7,442	9,455	8,792	7,437	7,619
Property, Plant & Equipment	6,400	6,400	6,343	6,465	6,465	6,575
Long-Term Investments	189	189	133	113	91	96
Goodwill	320	320	316	-	-	537
Other Intangible Assets	1,465	1,465	1,508	2,153	2,195	1,703
Long-Term Deferred Tax Assets	208	208	182	551	460	421
Other Long-Term Assets	655	655	664	707	530	745
Total Assets	16,679	16,679	18,601	18,781	17,341	17,916
Accounts Payable	3,743	3,743	3,906	3,982	3,511	3,143
Accrued Expenses	369	369	344	368	332	321
Short-Term Debt	42	42	102	129	20	31
Current Portion of Long-Term Debt	955	955	697	162	719	660
Current Portion of Leases	77	77	88	96	99	104
Current Income Taxes Payable	107	107	118	107	87	88
Other Current Liabilities	554	554	2,006	1,674	945	966
Total Current Liabilities	5,847	5,847	7,261	6,518	5,713	5,313
Long-Term Debt	2,020	2,020	2,799	4,553	3,830	4,777
Long-Term Leases	336	336	357	347	424	500
Long-Term Deferred Tax Liabilities	135	135	36	50	25	20
Other Long-Term Liabilities	166	166	180	407	480	603
Total Liabilities	8,504	8,504	10,633	11,875	10,472	11,213
Common Stock	5,078	5,078	5,078	5,891	5,892	5,887
Retained Earnings	2,960	2,960	2,774	1,611	1,350	933
Treasury Stock	-14	-14	-5	-	-	-
Comprehensive Income & Other	75	75	59	-569	-379	-128
Total Common Equity	8,099	8,099	7,906	6,933	6,863	6,692
Minority Interest	76	76	62	-27	6	11
Shareholders' Equity	8,175	8,175	7,968	6,906	6,869	6,703
Total Liabilities & Equity	16,679	16,679	18,601	18,781	17,341	17,916
Total Debt	3,430	3,430	4,043	5,287	5,092	6,072
Net Cash (Debt)	-2,890	-2,890	-2,221	-4,999	-4,107	-5,127
Net Cash Per Share	-1.80	-1.80	-1.38	-3.10	-2.55	-3.18
Filing Date Shares Outstanding	1,604	1,604	1,607	1,613	1,613	1,612
Total Common Shares Outstanding	1,604	1,604	1,607	1,613	1,613	1,612
Working Capital	1,595	1,595	2,194	2,274	1,724	2,306
Book Value Per Share	5.05	5.05	4.92	4.30	4.25	4.15
Tangible Book Value	6,314	6,314	6,082	4,780	4,668	4,452
Tangible Book Value Per Share	3.94	3.94	3.78	2.96	2.89	2.76
Land	384	384	378	368	350	357
Buildings	2,744	2,744	2,641	2,706	2,670	2,576
Machinery	8,726	8,726	8,294	8,356	8,170	8,145
Construction In Progress	472	472	521	508	371	316

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