Petron Corporation (PSE: PRF3A)

Petron 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	46,998	27,519	37,183	36,406	27,053	34,218
Short-Term Investments	-	-	-	-	184	109
Trading Asset Securities	-	-	352	298	275	284
Cash & Short-Term Investments	46,998	27,519	37,535	36,704	27,512	34,611
Cash Growth	64.14%	-26.68%	2.26%	33.41%	-20.51%	95.55%
Accounts Receivable	50,969	58,603	58,462	34,550	19,481	35,376
Other Receivables	18,545	26,939	22,647	16,062	6,283	7,310
Receivables	69,514	86,479	82,003	51,750	27,326	44,657
Inventory	82,559	77,318	85,347	67,684	44,922	72,210
Prepaid Expenses	-	37,744	34,734	27,851	24,139	19,120
Other Current Assets	56,826	3,947	3,668	4,046	8,395	8,890
Total Current Assets	255,897	233,007	243,287	188,035	132,294	179,488
Property, Plant & Equipment	173,661	171,332	175,551	177,250	174,876	173,776
Long-Term Investments	1,136	1,547	1,085	1,012	197	311
Goodwill	9,171	8,093	8,509	8,235	8,031	8,319
Other Intangible Assets	-	730	532	628	690	810
Long-Term Deferred Tax Assets	826	1,190	1,812	2,172	2,190	262
Long-Term Deferred Charges	-	165	164	202	290	212
Other Long-Term Assets	30,934	27,840	29,131	29,886	31,157	31,657
Total Assets	471,625	443,904	460,071	407,420	349,725	394,835
Accounts Payable	69,291	56,632	62,150	48,538	29,824	60,904
Accrued Expenses	-	10,003	10,073	6,099	5,472	4,795
Short-Term Debt	131,312	137,910	137,886	109,196	77,704	71,090
Current Portion of Long-Term Debt	16,309	25,642	13,399	21,580	31,114	16,881
Current Portion of Leases	1,505	1,566	1,380	1,335	1,243	1,295
Current Income Taxes Payable	268	132	204	302	162	267
Other Current Liabilities	1,652	2,844	2,463	3,002	3,550	3,142
Total Current Liabilities	220,337	234,729	227,555	190,052	149,069	158,374
Long-Term Debt	100,580	83,693	94,082	81,515	89,287	116,946
Long-Term Leases	14,988	14,378	13,714	14,220	14,561	14,454
Long-Term Deferred Tax Liabilities	4,632	4,432	3,601	3,784	3,084	6,348
Other Long-Term Liabilities	4,824	4,416	4,308	3,609	3,824	2,718
Total Liabilities	347,736	344,269	346,521	296,507	263,530	302,405
Common Stock	9,502	9,485	9,485	9,485	9,485	9,485
Additional Paid-In Capital	57,792	40,985	37,500	37,500	37,500	37,500
Retained Earnings	34,944	31,834	30,357	30,232	29,799	45,510
Treasury Stock	-7,600	-7,600	-18,000	-18,000	-15,122	-15,122
Comprehensive Income & Other	19,403	16,277	45,825	44,371	18,110	8,284
Total Common Equity	114,041	90,981	105,167	103,588	79,772	85,657
Minority Interest	9,848	8,654	8,383	7,325	6,423	6,773
Shareholders' Equity	123,889	99,635	113,550	110,913	86,195	92,430
Total Liabilities & Equity	471,625	443,904	460,071	407,420	349,725	394,835
Total Debt	264,694	263,189	260,461	227,846	213,909	220,666
Net Cash (Debt)	-217,696	-235,670	-222,926	-191,142	-186,397	-186,055
Net Cash Per Share	-23.22	-25.14	-23.78	-20.39	-19.88	-19.85
Filing Date Shares Outstanding	9,375	9,375	9,375	9,375	9,375	9,375
Total Common Shares Outstanding	9,375	9,375	9,375	9,375	9,375	9,375
Working Capital	35,560	-1,722	15,732	-2,017	-16,775	21,114
Book Value Per Share	12.16	9.70	11.22	11.05	8.51	9.14
Tangible Book Value	104,870	82,158	96,126	94,725	71,051	76,528
Tangible Book Value Per Share	11.19	8.76	10.25	10.10	7.58	8.16
Land	4,245	4,741	4,472	4,324	4,134	4,162
Buildings	28,524	27,968	27,116	24,563	23,497	22,717
Machinery	237,435	231,993	220,043	213,151	200,136	198,525
Construction In Progress	9,239	5,057	13,630	15,901	20,182	16,872

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