Manila Water Company, Inc. (PSE:MWC)

Manila Water Company 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6,921	7,437	10,753	8,812	13,338	20,727
Short-Term Investments	-	-	-	128.42	268.52	129.3
Accounts Receivable	455.56	3,663	3,351	3,472	3,617	4,169
Other Receivables	3,725	174.21	103.32	245.72	-91.5	-173.63
Inventory	430.06	448.63	380.62	450.66	450.69	324.93
Prepaid Expenses	-	-	-	-	-	476.8
Restricted Cash	-	-	-	-	-	1,112
Other Current Assets	1,921	2,072	1,535	2,002	2,068	971.9
Total Current Assets	13,452	13,794	16,123	15,111	19,650	27,738
Property, Plant & Equipment	9,953	9,684	9,314	7,563	6,633	5,878
Goodwill	146.38	146.38	6.25	6.25	6.25	136.57
Other Intangible Assets	187,830	184,782	162,533	145,285	116,623	102,506
Long-Term Investments	7,203	7,186	11,192	15,435	14,536	14,284
Long-Term Loans Receivable	-	17.01	41.98	43.27	37.55	49.65
Long-Term Deferred Tax Assets	469.98	503.29	499.69	635.22	1,230	1,550
Long-Term Accounts Receivable	1,387	1,350	1,169	1,730	1,665	1,666
Other Long-Term Assets	10,005	10,481	8,809	8,996	5,136	2,719
Total Assets	230,446	227,944	209,687	194,804	165,517	156,527
Accounts Payable	19,936	11,303	10,061	10,522	8,922	6,865
Accrued Expenses	851.31	9,816	9,583	6,270	4,723	3,254
Short-Term Debt	6,291	250	135	252.87	-	-
Current Portion of Long-Term Debt	6,921	6,970	16,972	6,024	5,311	4,740
Current Unearned Revenue	505.66	502.68	389.57	347.15	522.31	397.07
Current Portion of Leases	121.85	96.51	117.03	120.86	115.02	126.09
Current Income Taxes Payable	850	717.44	339.12	415.03	131.74	160
Other Current Liabilities	-	201.23	28.04	132.8	210.57	985.64
Total Current Liabilities	35,477	29,856	37,624	24,085	19,936	16,527
Long-Term Debt	97,251	99,212	82,276	78,646	66,077	68,792
Long-Term Leases	298.89	305.1	215.35	315.49	246.7	267.85
Long-Term Unearned Revenue	1,224	1,189	921.42	590.11	151.55	111.69
Pension & Post-Retirement Benefits	462.72	500.17	388.22	288.21	146.93	219.6
Long-Term Deferred Tax Liabilities	3,581	3,138	1,052	338.02	263.64	179.23
Other Long-Term Liabilities	15,998	16,408	17,091	17,089	10,370	10,266
Total Liabilities	154,292	150,609	139,568	121,351	97,192	96,363
Common Stock	3,286	3,286	3,285	3,285	3,285	2,465
Additional Paid-In Capital	14,552	14,533	14,458	14,428	14,417	4,609
Retained Earnings	67,438	69,347	62,218	58,697	54,059	52,249
Treasury Stock	-5,702	-5,702	-5,750	-43.31	-	-
Comprehensive Income & Other	-5,659	-6,224	-5,304	-4,115	-4,811	-471.7
Total Common Equity	73,915	75,240	68,907	72,252	66,950	58,851
Minority Interest	2,239	2,095	1,212	1,202	1,376	1,312
Shareholders' Equity	76,154	77,335	70,119	73,453	68,325	60,163
Total Liabilities & Equity	230,446	227,944	209,687	194,804	165,517	156,527
Total Debt	110,883	106,834	99,715	85,359	71,750	73,926
Net Cash (Debt)	-103,962	-99,397	-88,962	-76,419	-58,144	-53,069
Net Cash Per Share	-	-33.65	-30.15	-23.28	-17.70	-21.53
Filing Date Shares Outstanding	-	2,953	2,951	3,282	3,285	2,465
Total Common Shares Outstanding	-	2,953	2,951	3,282	3,285	2,465
Working Capital	-22,025	-16,062	-21,501	-8,974	-286.01	11,211
Book Value Per Share	-	25.47	23.35	22.01	20.38	23.88
Tangible Book Value	-114,061	-109,689	-93,632	-73,039	-49,679	-43,792
Tangible Book Value Per Share	-	-37.14	-31.73	-22.25	-15.12	-17.77
Land	-	229.28	235.7	226.39	226.39	226.39
Machinery	-	11,476	10,985	9,427	8,151	6,571
Construction In Progress	-	2,306	2,249	1,440	1,384	1,648

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.