First Philippine Holdings Corporation (PSE: FPH)

First Philippine Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	51,909	65,250	56,138	47,476	51,695	38,148
Short-Term Investments	200	3,857	572	2,010	9,707	5,438
Trading Asset Securities	219	54	1,426	6,511	2,571	1,562
Accounts Receivable	38,202	38,386	46,292	39,455	40,053	39,632
Other Receivables	870	2,116	949	1,144	2,251	2,391
Inventory	48,729	42,768	34,744	31,311	24,503	20,917
Prepaid Expenses	19,838	2,944	2,056	1,023	761	1,387
Restricted Cash	-	147	250	9	15	15
Other Current Assets	565	11,303	9,006	8,448	8,573	9,034
Total Current Assets	160,532	166,825	151,433	137,387	140,129	118,524
Property, Plant & Equipment	183,403	174,836	152,358	144,701	135,518	140,233
Goodwill	-	48,460	48,373	48,318	48,279	48,351
Other Intangible Assets	68,063	924	1,096	1,309	1,737	2,333
Long-Term Investments	29,462	29,630	24,534	21,241	17,615	19,433
Long-Term Deferred Tax Assets	2,103	2,121	1,620	1,823	2,113	2,195
Long-Term Deferred Charges	-	150	-	104	-	-
Long-Term Accounts Receivable	7,555	6,111	3,745	2,243	1,810	3,339
Other Long-Term Assets	62,257	43,118	38,300	37,027	38,434	37,922
Total Assets	513,375	472,175	421,459	394,153	385,635	372,330
Accounts Payable	27,227	30,090	25,457	25,944	20,995	19,995
Accrued Expenses	20,644	16,741	13,461	11,943	10,846	11,536
Short-Term Debt	1,885	8,666	1,762	1,310	1,845	1,743
Current Portion of Long-Term Debt	20,137	22,659	24,031	25,969	31,266	22,997
Current Unearned Revenue	5,618	2,880	1,190	1,220	2,612	4,297
Current Portion of Leases	3,451	3,118	352	280	270	747
Current Income Taxes Payable	1,751	1,013	646	574	1,103	548
Other Current Liabilities	6,569	10,928	10,687	7,005	8,988	8,402
Total Current Liabilities	87,282	96,095	77,586	74,245	77,925	70,265
Long-Term Debt	127,342	100,765	104,664	100,757	101,952	107,787
Long-Term Leases	12,514	10,107	1,086	1,177	1,229	580
Long-Term Unearned Revenue	-	315	1,006	474	653	807
Pension & Post-Retirement Benefits	4,799	5,006	4,944	5,420	5,134	3,759
Long-Term Deferred Tax Liabilities	3,646	3,272	3,759	3,575	3,789	4,514
Other Long-Term Liabilities	15,041	11,721	10,944	8,296	5,962	5,520
Total Liabilities	250,624	227,281	203,989	193,944	196,644	193,232
Preferred Stock, Redeemable	-	-	-	-	360	360
Common Stock	6,096	6,096	6,096	6,096	6,096	6,096
Additional Paid-In Capital	4,076	4,076	4,076	4,076	5,506	5,506
Retained Earnings	160,721	150,821	139,219	127,497	119,069	110,582
Treasury Stock	-9,916	-9,974	-9,429	-8,537	-7,285	-7,020
Comprehensive Income & Other	-1,224	-2,250	-7,206	-12,571	-15,331	-10,924
Total Common Equity	159,753	148,769	132,756	116,561	108,055	104,240
Minority Interest	102,998	96,125	84,714	83,648	80,576	74,498
Shareholders' Equity	262,751	244,894	217,470	200,209	188,991	179,098
Total Liabilities & Equity	513,375	472,175	421,459	394,153	385,635	372,330
Total Debt	165,329	145,315	131,895	129,493	136,562	133,854
Net Cash (Debt)	-113,001	-76,154	-73,759	-73,496	-72,589	-88,706
Net Cash Per Share	-243.27	-162.83	-152.44	-146.84	-143.05	-170.82
Filing Date Shares Outstanding	463.21	463.59	472.62	487.32	504.55	508.63
Total Common Shares Outstanding	463.21	463.59	472.62	487.32	504.55	508.96
Working Capital	73,250	70,730	73,847	63,142	62,204	48,259
Book Value Per Share	344.88	320.91	280.89	239.19	214.16	204.81
Tangible Book Value	91,690	99,385	83,287	66,934	58,039	53,556
Tangible Book Value Per Share	197.94	214.38	176.22	137.35	115.03	105.23
Land	-	4,881	4,222	4,237	3,785	3,517
Machinery	-	141,361	151,939	144,196	158,321	153,112
Construction In Progress	-	43,123	28,582	22,149	13,550	11,907

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