Synlait Milk Balance Sheet

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

Millions NZD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Cash & Equivalents	32.31	78.28	10.27	9.29	14.49	16.02
Cash & Short-Term Investments	32.31	78.28	10.27	9.29	14.49	16.02
Cash Growth	-34.13%	661.97%	10.58%	-35.90%	-9.53%	172.13%
Accounts Receivable	198.73	57.83	98.33	75.43	81.92	98.66
Other Receivables	11.53	44.98	52.13	13.49	15.38	15.92
Receivables	210.26	102.8	150.45	88.92	97.3	114.58
Inventory	423.69	281.42	209.7	250.25	232.94	270.94
Prepaid Expenses	19.93	13.81	27.78	9.88	16.64	14.3
Other Current Assets	324.92	17.37	8.54	197.03	9.22	37.16
Total Current Assets	1,011	493.67	406.74	555.37	370.59	453
Property, Plant & Equipment	633.64	923.32	947.78	1,035	1,041	1,041
Long-Term Investments	6.08	2.3	1.86	0.94	0.11	0.11
Goodwill	58.16	58.16	58.16	6.03	64.19	64.19
Other Intangible Assets	67.86	70.49	75.83	77.75	94.47	59.63
Long-Term Deferred Tax Assets	-	9.61	-	-	-	-
Other Long-Term Assets	5.81	6.32	3.64	10.33	5.55	0.05
Total Assets	1,783	1,564	1,494	1,686	1,576	1,618
Accounts Payable	492.54	191.38	100.07	185.99	140.46	101.12
Accrued Expenses	3.2	186.96	157.82	137.65	182.67	162.95
Short-Term Debt	-	-	82.9	110.47	58.89	-
Current Portion of Long-Term Debt	504.44	328.84	286.8	133.25	-	33.33
Current Portion of Leases	6.47	6.5	6.33	19.54	4.3	3.24
Current Income Taxes Payable	-	-	-	2.99	-	-
Other Current Liabilities	5.52	8.16	8.39	26.86	55.94	10.77
Total Current Liabilities	1,012	721.84	642.31	617.35	442.25	311.41
Long-Term Debt	-	-	191.26	179	295.59	459.58
Long-Term Leases	46.65	48.73	47.75	41.69	24.75	11.78
Long-Term Deferred Tax Liabilities	1.92	-	0.19	54.69	41.87	59.43
Other Long-Term Liabilities	4.38	4.52	7.71	2.51	23.12	8.83
Total Liabilities	1,065	775.09	889.22	895.24	827.58	851.04
Common Stock	676.88	676.88	464.77	464.77	464.77	464.77
Retained Earnings	25.23	105.85	145.68	327.79	332.08	293.56
Comprehensive Income & Other	15.46	6.05	-5.65	-2.19	-48.46	8.79
Shareholders' Equity	717.56	788.79	604.8	790.37	748.4	767.11
Total Liabilities & Equity	1,783	1,564	1,494	1,686	1,576	1,618
Total Debt	557.55	384.07	615.04	483.96	383.53	507.94
Net Cash (Debt)	-525.25	-305.8	-604.76	-474.67	-369.04	-491.92
Net Cash Per Share	-0.87	-0.57	-2.76	-2.16	-1.68	-2.38
Filing Date Shares Outstanding	603.2	603.2	218.58	218.58	218.58	218.58
Total Common Shares Outstanding	603.2	603.2	218.58	218.58	218.58	218.58
Working Capital	-1.06	-228.17	-235.57	-61.99	-71.66	141.59
Book Value Per Share	1.19	1.31	2.77	3.62	3.42	3.51
Tangible Book Value	591.54	660.13	470.8	706.6	589.74	643.29
Tangible Book Value Per Share	0.98	1.09	2.15	3.23	2.70	2.94
Land	-	51.37	51.24	55.42	56.77	60.66
Buildings	-	309.7	309.26	325.89	315.52	324.18
Machinery	-	882.12	861.65	852.33	805.74	804.74
Construction In Progress	-	25.34	31.6	52.42	102.29	56.42

Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.