San Miguel Corporation (PSE: SMC)

San Miguel 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	281,162	261,358	318,214	300,030	347,209	286,457
Short-Term Investments	1,360	554	532	593	185	109
Trading Asset Securities	442	1,012	1,349	298	275	284
Cash & Short-Term Investments	282,964	262,924	320,095	300,921	347,669	286,850
Cash Growth	5.71%	-17.86%	6.37%	-13.45%	21.20%	17.80%
Accounts Receivable	162,478	176,323	160,330	87,839	61,915	75,345
Other Receivables	79,826	88,366	79,302	75,366	64,135	62,029
Receivables	242,304	264,689	239,632	163,205	126,050	137,374
Inventory	178,873	165,501	193,611	144,315	106,223	131,614
Prepaid Expenses	141,598	114,435	101,276	88,588	83,377	73,487
Restricted Cash	20,175	14,076	17,411	10,872	3,111	6,256
Other Current Assets	2,254	9,777	12,273	6,941	5,981	5,563
Total Current Assets	868,168	831,402	884,298	714,842	672,411	641,144
Property, Plant & Equipment	919,305	876,155	834,945	741,608	691,986	651,740
Long-Term Investments	64,996	43,128	42,032	64,639	63,032	67,938
Goodwill	187,199	182,791	184,100	130,081	129,733	130,073
Other Intangible Assets	330,831	306,638	249,321	190,979	169,532	149,014
Long-Term Deferred Tax Assets	18,746	19,633	22,554	17,141	20,946	18,052
Long-Term Deferred Charges	-	17,484	17,457	46,362	42,172	43,402
Other Long-Term Assets	210,176	182,134	157,118	146,001	122,395	116,371
Total Assets	2,599,421	2,459,365	2,391,825	2,051,653	1,912,207	1,817,734
Accounts Payable	262,651	104,272	110,745	91,636	68,601	103,254
Accrued Expenses	-	11,999	11,569	10,146	9,761	9,315
Short-Term Debt	251,136	214,881	267,704	190,779	140,645	169,492
Current Portion of Long-Term Debt	131,998	236,817	170,051	88,876	74,521	43,808
Current Portion of Leases	6,792	19,631	21,020	23,423	25,759	24,979
Current Income Taxes Payable	46,332	46,254	37,694	23,102	20,998	21,185
Current Unearned Revenue	-	58	60	57	65	54
Other Current Liabilities	6,187	111,312	108,770	97,017	79,034	67,530
Total Current Liabilities	705,096	745,224	727,613	525,036	419,384	439,617
Long-Term Debt	1,094,134	954,225	918,583	725,558	693,354	639,765
Long-Term Leases	34,735	36,941	54,455	71,569	91,278	117,269
Long-Term Deferred Tax Liabilities	33,174	29,503	26,297	28,742	27,749	25,265
Other Long-Term Liabilities	32,123	17,654	16,186	12,666	18,620	14,938
Total Liabilities	1,899,262	1,794,199	1,752,673	1,370,414	1,257,119	1,243,339
Common Stock	16,443	16,443	16,443	16,443	16,443	16,443
Additional Paid-In Capital	177,442	177,468	177,719	177,719	177,719	177,938
Retained Earnings	185,610	190,321	200,243	224,337	222,359	229,781
Treasury Stock	-109,763	-109,763	-156,763	-144,363	-110,146	-116,283
Comprehensive Income & Other	24,279	31,565	36,964	42,307	38,302	14,390
Total Common Equity	294,011	306,034	274,606	316,443	344,677	322,269
Minority Interest	395,961	348,945	354,359	354,609	300,224	241,939
Shareholders' Equity	700,159	665,166	639,152	681,239	655,088	574,395
Total Liabilities & Equity	2,599,421	2,459,365	2,391,825	2,051,653	1,912,207	1,817,734
Total Debt	1,518,795	1,462,495	1,431,813	1,100,205	1,025,557	995,313
Net Cash (Debt)	-1,235,831	-1,199,571	-1,111,718	-799,284	-677,888	-708,463
Net Cash Per Share	-518.39	-503.18	-466.32	-335.27	-284.35	-297.17
Filing Date Shares Outstanding	2,384	2,384	2,384	2,384	2,384	2,384
Total Common Shares Outstanding	2,384	2,384	2,384	2,384	2,384	2,384
Working Capital	163,072	86,178	156,685	189,806	253,027	201,527
Book Value Per Share	123.33	128.38	115.19	132.74	144.59	135.19
Tangible Book Value	-224,019	-183,395	-158,815	-4,617	45,412	43,182
Tangible Book Value Per Share	-93.97	-76.93	-66.62	-1.94	19.05	18.11
Land	61,545	55,021	50,446	43,857	41,964	36,710
Buildings	95,430	93,452	80,797	61,641	58,554	48,006
Machinery	751,510	689,309	640,510	552,393	523,137	476,110
Construction In Progress	210,519	198,352	194,022	144,461	99,655	93,439
Leasehold Improvements	17,044	12,655	9,945	8,554	7,560	6,948

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