San Miguel Corporation (SMGBF)

San Miguel Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	321,139	293,677	261,358	318,214	300,030	347,209
Short-Term Investments	943	576	554	532	593	185
Trading Asset Securities	12,194	438	1,012	1,349	298	275
Cash & Short-Term Investments	334,276	294,691	262,924	320,095	300,921	347,669
Cash Growth	30.70%	12.08%	-17.86%	6.37%	-13.45%	21.20%
Accounts Receivable	142,264	181,543	175,327	160,330	87,839	61,915
Other Receivables	100,639	85,534	88,934	79,302	75,366	64,135
Receivables	242,903	267,077	264,261	239,632	163,205	126,050
Inventory	160,827	181,596	165,501	193,611	144,315	106,223
Prepaid Expenses	93,273	126,725	114,435	101,276	88,588	83,377
Restricted Cash	25,850	18,422	14,076	17,411	10,872	3,111
Other Current Assets	3,945	11,923	10,205	12,273	6,941	5,981
Total Current Assets	861,074	900,434	831,402	884,298	714,842	672,411
Property, Plant & Equipment	844,916	947,387	873,488	834,945	741,608	691,986
Long-Term Investments	129,710	50,036	43,128	42,032	64,639	63,032
Goodwill	185,182	184,994	182,791	184,100	130,081	129,733
Other Intangible Assets	347,047	340,496	306,638	249,321	190,979	169,532
Long-Term Accounts Receivable	-	56,028	39,138	-	-	-
Long-Term Deferred Tax Assets	18,844	22,045	19,633	22,554	17,141	20,946
Long-Term Deferred Charges	-	20,643	17,484	17,457	46,362	42,172
Other Long-Term Assets	231,013	154,867	145,663	157,118	146,001	122,395
Total Assets	2,617,786	2,676,930	2,459,365	2,391,825	2,051,653	1,912,207
Accounts Payable	246,724	122,128	104,272	110,745	91,636	68,601
Accrued Expenses	-	12,490	11,999	11,569	10,146	9,761
Short-Term Debt	215,544	293,230	214,881	267,704	190,779	140,645
Current Portion of Long-Term Debt	125,230	94,142	236,817	170,051	88,876	74,521
Current Portion of Leases	6,472	11,736	19,631	21,020	23,423	25,759
Current Income Taxes Payable	37,831	43,628	46,254	37,694	23,102	20,998
Current Unearned Revenue	-	77	58	60	57	65
Other Current Liabilities	5,221	159,484	111,312	108,770	97,017	79,034
Total Current Liabilities	637,022	736,915	745,224	727,613	525,036	419,384
Long-Term Debt	1,163,526	1,173,572	954,225	918,583	725,558	693,354
Long-Term Leases	28,701	30,809	36,941	54,455	71,569	91,278
Long-Term Deferred Tax Liabilities	27,514	34,861	29,503	26,297	28,742	27,749
Other Long-Term Liabilities	23,129	11,952	17,654	16,186	12,666	18,620
Total Liabilities	1,879,892	2,000,489	1,794,199	1,752,673	1,370,414	1,257,119
Common Stock	16,443	16,443	16,443	16,443	16,443	16,443
Additional Paid-In Capital	177,442	177,442	177,468	177,719	177,719	177,719
Retained Earnings	203,461	169,262	190,321	200,243	224,337	222,359
Treasury Stock	-109,763	-109,763	-109,763	-156,763	-144,363	-110,146
Comprehensive Income & Other	41,954	18,936	31,565	36,964	42,307	38,302
Total Common Equity	329,537	272,320	306,034	274,606	316,443	344,677
Minority Interest	398,170	393,934	348,945	354,359	354,609	300,224
Shareholders' Equity	737,894	676,441	665,166	639,152	681,239	655,088
Total Liabilities & Equity	2,617,786	2,676,930	2,459,365	2,391,825	2,051,653	1,912,207
Total Debt	1,539,473	1,603,489	1,462,495	1,431,813	1,100,205	1,025,557
Net Cash (Debt)	-1,205,197	-1,308,798	-1,199,571	-1,111,718	-799,284	-677,888
Net Cash Per Share	-505.54	-548.99	-503.18	-466.32	-335.27	-284.35
Filing Date Shares Outstanding	2,384	2,384	2,384	2,384	2,384	2,384
Total Common Shares Outstanding	2,384	2,384	2,384	2,384	2,384	2,384
Working Capital	224,052	163,519	86,178	156,685	189,806	253,027
Book Value Per Share	138.23	114.23	128.38	115.19	132.74	144.59
Tangible Book Value	-202,692	-253,170	-183,395	-158,815	-4,617	45,412
Tangible Book Value Per Share	-85.03	-106.20	-76.93	-66.62	-1.94	19.05
Land	64,131	65,482	58,324	50,446	43,857	41,964
Buildings	102,060	99,413	90,149	80,797	61,641	58,554
Machinery	809,193	849,719	689,309	640,510	552,393	523,137
Construction In Progress	153,108	192,015	198,352	194,022	144,461	99,655
Leasehold Improvements	19,306	17,063	12,655	9,945	8,554	7,560

Source: S&P Global Market Intelligence. Standard template. Financial Sources.