Lopez Holdings Corporation (PSE: LPZ)

Lopez 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	52,357	65,919	57,128	48,084	52,444	39,002
Short-Term Investments	200	3,857	572	2,010	9,707	5,438
Trading Asset Securities	-	243	1,575	6,613	2,647	1,721
Accounts Receivable	39,638	38,386	46,292	39,455	40,053	39,632
Other Receivables	-	2,311	1,099	1,284	2,382	2,394
Inventory	48,729	42,768	34,744	31,311	24,503	20,917
Prepaid Expenses	20,311	2,944	2,056	1,023	761	1,387
Restricted Cash	-	147	250	9	15	15
Other Current Assets	-	11,176	8,893	8,342	8,477	9,060
Total Current Assets	161,235	167,751	152,609	138,131	140,989	119,566
Property, Plant & Equipment	183,405	174,859	152,362	144,715	135,544	140,269
Goodwill	-	48,460	48,374	48,318	48,279	48,351
Other Intangible Assets	68,063	924	1,095	1,309	1,737	2,333
Long-Term Investments	27,553	29,150	30,296	27,729	29,030	38,549
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	63,826	43,521	38,325	37,128	38,468	37,982
Total Assets	513,740	473,047	428,426	401,500	397,970	392,584
Accounts Payable	63,661	30,097	25,457	25,944	21,035	20,003
Accrued Expenses	-	19,961	16,300	12,038	10,951	11,644
Short-Term Debt	1,885	8,666	1,762	1,310	1,845	1,743
Current Portion of Long-Term Debt	20,137	22,701	24,031	25,969	31,343	23,019
Current Unearned Revenue	-	2,868	1,082	1,209	1,647	4,297
Current Portion of Leases	-	3,111	352	283	273	751
Current Income Taxes Payable	1,751	1,013	646	574	1,103	548
Other Current Liabilities	-	7,840	8,120	7,096	9,951	8,468
Total Current Liabilities	87,434	96,257	77,750	74,423	78,148	70,473
Long-Term Debt	127,342	100,765	104,664	100,716	101,884	107,433
Long-Term Leases	-	10,135	1,086	1,218	1,301	681
Long-Term Unearned Revenue	-	315	1,006	474	653	807
Pension & Post-Retirement Benefits	4,799	5,006	4,944	5,536	5,134	3,759
Long-Term Deferred Tax Liabilities	3,741	3,367	3,852	3,663	3,865	4,594
Other Long-Term Liabilities	27,572	11,714	10,944	8,238	5,962	5,780
Total Liabilities	250,888	227,559	204,246	194,268	196,947	193,527
Common Stock	4,630	4,630	4,630	4,630	4,630	4,630
Additional Paid-In Capital	248	248	248	248	248	248
Retained Earnings	77,486	73,621	72,564	66,946	65,509	68,779
Treasury Stock	-3,110	-3,110	-3,110	-3,110	-354	-289
Comprehensive Income & Other	8,915	7,874	4,444	-3,643	-5,885	-3,377
Total Common Equity	88,169	83,263	78,776	65,071	64,148	69,991
Minority Interest	174,683	162,225	145,404	142,161	136,875	129,066
Shareholders' Equity	262,852	245,488	224,180	207,232	201,023	199,057
Total Liabilities & Equity	513,740	473,047	428,426	401,500	397,970	392,584
Total Debt	149,364	145,378	131,895	129,496	136,646	133,627
Net Cash (Debt)	-96,807	-75,359	-72,620	-72,789	-71,848	-87,466
Net Cash Per Share	-25.28	-19.68	-18.96	-18.16	-15.81	-19.05
Filing Date Shares Outstanding	3,830	3,830	4,542	4,542	4,542	4,560
Total Common Shares Outstanding	3,830	3,830	4,542	4,542	4,542	4,560
Working Capital	73,801	71,494	74,859	63,708	62,841	49,093
Book Value Per Share	23.02	21.74	17.34	14.33	14.12	15.35
Tangible Book Value	20,106	33,879	29,307	15,444	14,132	19,307
Tangible Book Value Per Share	5.25	8.85	6.45	3.40	3.11	4.23
Land	-	4,881	4,222	4,237	3,785	3,517
Machinery	-	81,547	96,213	92,446	109,180	106,958
Construction In Progress	-	43,123	28,582	22,149	13,550	11,907

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