Meridian Energy Limited (NZE: MEL)

Meridian Energy 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	221	221	212	363	148	176
Accounts Receivable	548	548	347	415	516	347
Other Current Assets	282	282	133	263	253	142
Total Current Assets	1,051	1,051	692	1,041	917	665
Property, Plant & Equipment	12,192	12,192	8,989	7,830	8,598	8,594
Goodwill	-	-	-	-	5	5
Other Intangible Assets	62	62	73	85	79	59
Long-Term Deferred Tax Assets	-	-	-	-	35	34
Other Long-Term Assets	238	238	186	413	222	265
Total Assets	13,543	13,543	9,940	9,369	9,856	9,622
Accrued Expenses	21	21	20	18	25	24
Current Portion of Long-Term Debt	234	234	214	159	378	88
Current Unearned Revenue	10	10	14	13	23	23
Current Portion of Leases	3	3	3	4	7	7
Current Income Taxes Payable	85	85	46	32	37	79
Other Current Liabilities	651	651	368	496	640	427
Total Current Liabilities	1,004	1,004	665	722	1,110	648
Long-Term Debt	1,113	1,113	1,022	1,004	1,298	1,600
Long-Term Leases	27	27	24	37	90	97
Long-Term Deferred Tax Liabilities	2,949	2,949	2,103	1,932	1,940	1,850
Other Long-Term Liabilities	204	204	139	151	194	345
Total Liabilities	5,297	5,297	3,953	3,846	4,632	4,540
Common Stock	1,738	1,738	1,708	1,678	1,600	1,600
Retained Earnings	-1,631	-1,631	-1,600	-1,242	-1,548	-1,542
Treasury Stock	-9	-9	-8	-7	-5	-2
Comprensive Income & Other	8,148	8,148	5,887	5,094	5,177	5,026
Shareholders' Equity	8,246	8,246	5,987	5,523	5,224	5,082
Total Liabilities & Equity	13,543	13,543	9,940	9,369	9,856	9,622
Total Debt	1,377	1,377	1,263	1,204	1,773	1,792
Net Cash (Debt)	-1,156	-1,156	-1,051	-841	-1,625	-1,616
Net Cash Per Share	-0.45	-0.45	-0.41	-0.33	-0.63	-0.63
Filing Date Shares Outstanding	2,589	2,589	2,583	2,578	2,562	2,562
Total Common Shares Outstanding	2,589	2,589	2,583	2,578	2,562	2,562
Working Capital	47	47	27	319	-193	17
Book Value Per Share	3.19	3.19	2.32	2.14	2.04	1.98
Tangible Book Value	8,184	8,184	5,914	5,438	5,140	5,018
Tangible Book Value Per Share	3.16	3.16	2.29	2.11	2.01	1.96
Land	60	60	55	56	21	20
Machinery	120	120	139	148	143	130
Construction In Progress	461	461	544	232	162	105

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