NetLink NBN Trust (NETLF)

NetLink NBN Trust Balance Sheet

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	183.94	182.91	200.7	149.82	170.54	160.35
Short-Term Investments	-	-	-	-	-	0.52
Cash & Short-Term Investments	183.94	182.91	200.7	149.82	170.54	160.88
Cash Growth	3.12%	-8.86%	33.97%	-12.15%	6.00%	15.93%
Accounts Receivable	84.68	79.32	94.69	95.87	70.68	60.89
Other Receivables	-	1.39	1.27	-	-	12.76
Receivables	84.68	80.7	95.96	95.87	70.68	73.65
Inventory	4.71	4.33	6.76	4.1	5.16	4.3
Prepaid Expenses	-	-	-	-	-	4.09
Restricted Cash	5.54	-	-	-	-	8.27
Other Current Assets	3.83	5.83	5.67	5.5	5.16	-
Total Current Assets	282.69	273.77	309.1	255.29	251.54	251.19
Property, Plant & Equipment	2,708	2,709	2,764	2,866	2,964	3,039
Long-Term Investments	-	22	29	-	-	-
Goodwill	746.85	746.85	746.85	746.85	746.85	746.85
Other Intangible Assets	97.23	99.12	97.37	75.85	80.09	84.33
Long-Term Accounts Receivable	65.55	65.67	65.89	66.71	80.51	87.43
Other Long-Term Assets	9.54	0.24	0.24	20.86	0.22	0.22
Total Assets	3,910	3,917	4,013	4,032	4,123	4,209
Accounts Payable	74.15	21.03	26.29	55.37	56.4	10.87
Accrued Expenses	-	19.85	17.9	-	-	21.2
Current Portion of Long-Term Debt	89.92	-	-	155.8	509.12	516.36
Current Portion of Leases	2.48	2.27	1.64	2.24	2.28	1.82
Current Income Taxes Payable	47.29	42.83	43.31	37.29	23.29	6.93
Current Unearned Revenue	41.66	37.99	36.92	26.47	21.41	22.76
Other Current Liabilities	-	13.43	15.85	-	-	22.7
Total Current Liabilities	255.51	137.4	141.91	277.16	612.48	602.63
Long-Term Debt	718.61	763.12	732.02	507.89	155.59	155.38
Long-Term Leases	30.85	31.2	31.6	36.21	36.55	12.28
Long-Term Unearned Revenue	4.93	5.13	5.53	8.23	6.3	6.68
Long-Term Deferred Tax Liabilities	444.48	456.24	468.83	484.64	506.54	524.86
Other Long-Term Liabilities	0.62	0.79	1.06	1.31	2.29	-
Total Liabilities	1,455	1,394	1,381	1,315	1,320	1,302
Common Stock	3,117	3,117	3,117	3,117	3,117	3,117
Retained Earnings	-671.29	-616.51	-514.35	-421.35	-313.48	-211.1
Comprehensive Income & Other	9.3	22	29	20.62	-	0.86
Shareholders' Equity	2,455	2,523	2,632	2,716	2,804	2,907
Total Liabilities & Equity	3,910	3,917	4,013	4,032	4,123	4,209
Total Debt	841.86	796.6	765.25	702.14	703.53	685.84
Net Cash (Debt)	-657.92	-613.69	-564.55	-552.32	-533	-524.96
Net Cash Per Share	-0.17	-0.16	-0.14	-0.14	-0.14	-0.13
Filing Date Shares Outstanding	3,897	3,897	3,897	3,897	3,897	3,897
Total Common Shares Outstanding	3,897	3,897	3,897	3,897	3,897	3,897
Working Capital	27.18	136.37	167.19	-21.88	-360.95	-351.45
Book Value Per Share	0.63	0.65	0.68	0.70	0.72	0.75
Tangible Book Value	1,611	1,677	1,788	1,894	1,977	2,076
Tangible Book Value Per Share	0.41	0.43	0.46	0.49	0.51	0.53
Land	-	41.52	38.34	-	-	9.57
Machinery	-	130.69	128.98	-	-	158.15
Construction In Progress	-	72.28	50.08	-	-	70.21
Leasehold Improvements	-	2.32	2.31	-	-	2.37

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