SPC Power Corporation (PSE: SPC)

SPC Power 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,906	4,743	4,031	2,984	3,944	3,227
Accounts Receivable	878.33	489.72	630.69	344.07	292.48	383.21
Other Receivables	149.29	145.48	40.72	138.96	38.73	27.98
Inventory	424.37	399.39	467.55	389.82	363.63	378.37
Prepaid Expenses	83.24	15.81	15.08	15.09	14.34	14.44
Other Current Assets	-	81.81	110.28	68.01	47.46	74.81
Total Current Assets	5,441	5,875	5,296	3,940	4,701	4,106
Property, Plant & Equipment	734.47	736.63	734.72	731.77	749.68	793.75
Goodwill	32.52	32.52	32.52	32.52	32.52	32.52
Other Intangible Assets	1.63	2.17	3.26	4.34	5.43	6.51
Long-Term Investments	5,512	5,831	5,445	5,513	5,790	5,957
Long-Term Deferred Tax Assets	34.54	35.46	34.23	28.97	33.32	31.2
Other Long-Term Assets	33.82	18.37	61.79	101.94	127.86	168.88
Total Assets	11,790	12,531	11,608	10,353	11,440	11,096
Accounts Payable	526.89	394.56	520.17	329.06	249.38	265.9
Accrued Expenses	32.96	41.17	58.49	37.91	52.15	69.3
Current Portion of Leases	2.2	2.2	1.83	2.66	4.69	5.36
Current Income Taxes Payable	11.85	10.92	33.97	6.88	26.31	33.24
Other Current Liabilities	341.53	421.52	198.37	169.72	151.83	151.45
Total Current Liabilities	915.44	870.37	812.82	546.22	484.35	525.25
Long-Term Leases	6.34	7.36	9.56	-	1.49	5.13
Pension & Post-Retirement Benefits	33.6	37.17	43.73	34.77	29.53	26.43
Long-Term Deferred Tax Liabilities	18.85	19.73	20.65	0.63	-	-
Other Long-Term Liabilities	292.06	288.82	321.45	348.87	369.39	376.49
Total Liabilities	1,266	1,223	1,208	930.49	884.75	933.3
Common Stock	1,569	1,569	1,569	1,569	1,569	1,569
Additional Paid-In Capital	86.81	86.81	86.81	86.81	86.81	86.81
Retained Earnings	8,836	9,598	8,727	7,754	8,883	8,477
Treasury Stock	-131.01	-131.01	-131.01	-131.01	-131.01	-131.01
Comprensive Income & Other	17.5	17.5	14.29	6.25	6.84	3.79
Total Common Equity	10,379	11,141	10,267	9,286	10,416	10,006
Minority Interest	144.85	166.91	132.48	136.44	139.77	156.13
Shareholders' Equity	10,523	11,308	10,399	9,422	10,555	10,162
Total Liabilities & Equity	11,790	12,531	11,608	10,353	11,440	11,096
Total Debt	8.54	9.56	11.39	2.66	6.17	10.49
Net Cash (Debt)	3,897	4,733	4,020	2,981	3,938	3,217
Net Cash Growth	-15.26%	17.75%	34.83%	-24.29%	22.42%	9.53%
Net Cash Per Share	2.60	3.16	2.69	1.99	2.63	2.15
Filing Date Shares Outstanding	1,497	1,497	1,497	1,497	1,497	1,497
Total Common Shares Outstanding	1,497	1,497	1,497	1,497	1,497	1,497
Working Capital	4,526	5,005	4,483	3,394	4,217	3,581
Book Value Per Share	6.94	7.44	6.86	6.20	6.96	6.69
Tangible Book Value	10,344	11,106	10,231	9,249	10,378	9,967
Tangible Book Value Per Share	6.91	7.42	6.84	6.18	6.93	6.66
Land	-	87.75	87.47	87.47	73.91	66.1
Buildings	-	67.56	66.49	66.49	65.78	64.37
Machinery	-	1,477	1,358	1,350	1,314	1,251
Construction In Progress	-	7.98	46.45	9.23	2.76	42.77

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