Manila Water Company, Inc. (PSE: MWC)

Manila Water Company 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	8,546	10,753	8,812	13,338	20,727	8,958
Short-Term Investments	-	-	128.42	268.52	129.3	109.27
Accounts Receivable	3,746	3,351	3,472	3,617	4,169	3,327
Other Receivables	532.58	103.32	245.72	-91.5	-173.63	-12.75
Inventory	425.56	380.62	450.66	450.69	324.93	342.44
Prepaid Expenses	862.91	-	-	-	476.8	422.24
Restricted Cash	-	-	-	-	1,112	-
Other Current Assets	2,086	1,535	2,002	2,068	971.9	1,260
Total Current Assets	16,199	16,123	15,111	19,650	27,738	14,406
Property, Plant & Equipment	9,748	9,314	7,563	6,633	5,878	4,830
Goodwill	300.08	6.25	6.25	6.25	136.57	136.57
Other Intangible Assets	175,934	162,533	145,285	116,623	102,506	93,827
Long-Term Investments	11,534	11,192	15,435	14,536	14,284	15,520
Long-Term Loans Receivable	-	41.98	43.27	37.55	49.65	53.09
Long-Term Deferred Tax Assets	510.7	499.69	635.22	1,230	1,550	1,189
Long-Term Accounts Receivable	1,274	1,169	1,730	1,665	1,666	1,616
Other Long-Term Assets	8,098	8,809	8,996	5,136	2,719	3,024
Total Assets	223,597	209,687	194,804	165,517	156,527	134,602
Accounts Payable	19,254	10,061	10,522	8,922	6,865	6,555
Accrued Expenses	534.84	9,583	6,270	4,723	3,254	3,298
Short-Term Debt	8,207	135	252.87	-	-	-
Current Portion of Long-Term Debt	8,551	16,972	6,024	5,311	4,740	10,486
Current Unearned Revenue	409.07	389.57	347.15	522.31	397.07	267.02
Current Portion of Leases	90.93	117.03	120.86	115.02	126.09	53.55
Current Income Taxes Payable	824.75	339.12	415.03	131.74	160	308.4
Other Current Liabilities	1,131	28.04	132.8	210.57	985.64	953.86
Total Current Liabilities	39,002	37,624	24,085	19,936	16,527	21,922
Long-Term Debt	86,303	82,276	78,646	66,077	68,792	45,870
Long-Term Leases	326	215.35	315.49	246.7	267.85	254.93
Long-Term Unearned Revenue	1,178	921.42	590.11	151.55	111.69	78.62
Pension & Post-Retirement Benefits	526.47	388.22	288.21	146.93	219.6	194.19
Long-Term Deferred Tax Liabilities	2,384	1,052	338.02	263.64	179.23	137.15
Other Long-Term Liabilities	16,285	17,091	17,089	10,370	10,266	10,153
Total Liabilities	146,004	139,568	121,351	97,192	96,363	78,610
Common Stock	3,286	3,285	3,285	3,285	2,465	2,465
Additional Paid-In Capital	14,502	14,458	14,428	14,417	4,609	4,590
Retained Earnings	68,950	62,218	58,697	54,059	52,249	47,749
Treasury Stock	-5,702	-5,750	-43.31	-	-	-
Comprehensive Income & Other	-5,416	-5,304	-4,115	-4,811	-471.7	-88.75
Total Common Equity	75,620	68,907	72,252	66,950	58,851	54,715
Minority Interest	1,973	1,212	1,202	1,376	1,312	1,276
Shareholders' Equity	77,593	70,119	73,453	68,325	60,163	55,991
Total Liabilities & Equity	223,597	209,687	194,804	165,517	156,527	134,602
Total Debt	103,478	99,715	85,359	71,750	73,926	56,664
Net Cash (Debt)	-94,931	-88,962	-76,419	-58,144	-53,069	-47,597
Net Cash Per Share	-32.14	-30.15	-23.28	-17.70	-21.53	-19.31
Filing Date Shares Outstanding	2,953	2,951	3,282	3,285	2,465	2,465
Total Common Shares Outstanding	2,953	2,951	3,282	3,285	2,465	2,465
Working Capital	-22,802	-21,501	-8,974	-286.01	11,211	-7,517
Book Value Per Share	25.60	23.35	22.01	20.38	23.88	22.20
Tangible Book Value	-100,614	-93,632	-73,039	-49,679	-43,792	-39,249
Tangible Book Value Per Share	-34.07	-31.73	-22.25	-15.12	-17.77	-15.92
Land	-	235.7	226.39	226.39	226.39	226.34
Machinery	-	10,985	9,427	8,151	6,571	5,435
Construction In Progress	-	2,249	1,440	1,384	1,648	1,562

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