Philippine Racing Club, Inc. (PSE:PRC)

Philippine Racing Club 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	143.24	177.19	150.48	370.16	287.01	378.79
Trading Asset Securities	303.93	304.42	352.32	337.82	303.54	211.04
Cash & Short-Term Investments	447.16	481.6	502.8	707.99	590.55	589.84
Cash Growth	-2.86%	-4.22%	-28.98%	19.89%	0.12%	-17.97%
Accounts Receivable	335.73	348.12	339.04	372.5	501.17	651.81
Other Receivables	0.01	1.39	2.76	3.69	-	9.53
Receivables	335.74	349.51	341.8	376.19	501.17	661.34
Inventory	2,433	2,441	2,493	2,462	1,617	1,678
Prepaid Expenses	85.9	81.72	75.14	10.46	66.58	9.69
Other Current Assets	22.4	21.22	15.52	22.98	-	12.24
Total Current Assets	3,324	3,375	3,429	3,579	2,775	2,951
Property, Plant & Equipment	52.94	54.4	53.55	64.58	245.18	261.6
Long-Term Investments	1,307	1,305	1,473	1,404	1,286	875.14
Goodwill	0.12	0.12	0.12	0.12	-	0.12
Long-Term Accounts Receivable	0.93	0.93	117.8	-	278.07	294.13
Long-Term Deferred Charges	-	-	-	-	-	0.68
Other Long-Term Assets	2,974	2,878	2,609	2,399	2,354	2,195
Total Assets	7,660	7,614	7,682	7,447	6,938	6,578
Accounts Payable	279.82	284.92	192.21	306.74	484.38	138.61
Accrued Expenses	256.7	271.68	278.77	251.41	-	227.67
Current Portion of Long-Term Debt	297.2	330.79	244.93	407.33	400.66	245.51
Current Portion of Leases	0.71	0.94	0.41	1.56	-	1.32
Current Income Taxes Payable	10.57	-	0.08	0.03	0.03	14.88
Current Unearned Revenue	29.34	34.37	27.21	7.41	9.85	81.23
Other Current Liabilities	305.2	305.42	309.1	310.35	228.77	288.34
Total Current Liabilities	1,180	1,228	1,053	1,285	1,124	997.55
Long-Term Debt	431.82	405.85	453.56	469.89	221.55	581.26
Long-Term Leases	3.77	3.77	-	0.41	-	3.42
Long-Term Unearned Revenue	2.94	2.94	-	-	3.43	3.43
Long-Term Deferred Tax Liabilities	443.42	437.61	479.29	313.27	375.35	375.26
Other Long-Term Liabilities	27.65	26.91	13.93	13.96	33.42	30.65
Total Liabilities	2,089	2,105	1,999	2,082	1,757	2,020
Common Stock	585.69	585.69	585.69	585.69	585.69	585.61
Additional Paid-In Capital	39.95	39.95	39.95	39.95	39.95	39.95
Retained Earnings	4,765	4,706	4,708	4,458	4,378	4,145
Treasury Stock	-678.2	-678.2	-678.2	-678.2	-678.2	-678.2
Comprehensive Income & Other	869.72	867.57	1,038	970.26	865.01	475.93
Total Common Equity	5,582	5,521	5,694	5,375	5,191	4,568
Minority Interest	-11.62	-11.62	-11.13	-10.56	-10.2	-9.63
Shareholders' Equity	5,571	5,509	5,683	5,365	5,181	4,559
Total Liabilities & Equity	7,660	7,614	7,682	7,447	6,938	6,578
Total Debt	733.49	741.34	698.89	879.2	622.21	831.5
Net Cash (Debt)	-286.33	-259.74	-196.09	-171.21	-31.66	-241.66
Net Cash Per Share	-0.56	-0.51	-0.39	-0.34	-0.06	-0.48
Filing Date Shares Outstanding	546.71	546.71	507.66	546.71	507.66	507.66
Total Common Shares Outstanding	546.71	546.71	507.66	546.71	507.66	507.66
Working Capital	2,144	2,147	2,376	2,294	1,651	1,954
Book Value Per Share	10.21	10.10	11.22	9.83	10.23	9.00
Tangible Book Value	5,582	5,521	5,694	5,375	5,191	4,568
Tangible Book Value Per Share	10.21	10.10	11.22	9.83	10.23	9.00
Land	-	-	-	3.96	177.79	173.83
Buildings	-	803.08	801.36	800.96	800.92	804.76
Machinery	-	279.44	276.79	274.25	267.41	260.89

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.