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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,306	4,743	4,031	2,984	3,944	3,227
Accounts Receivable	339.96	489.72	630.69	344.07	292.48	383.21
Other Receivables	48.74	145.48	40.72	138.96	38.73	27.98
Inventory	400.58	399.39	467.55	389.82	363.63	378.37
Prepaid Expenses	39.06	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	5,135	5,875	5,296	3,940	4,701	4,106
Property, Plant & Equipment	453.32	736.63	734.72	731.77	749.68	793.75
Goodwill	-	32.52	32.52	32.52	32.52	32.52
Other Intangible Assets	0.76	2.17	3.26	4.34	5.43	6.51
Long-Term Investments	5,602	5,831	5,445	5,513	5,790	5,957
Long-Term Deferred Tax Assets	31.92	35.46	34.23	28.97	33.32	31.2
Other Long-Term Assets	33.89	18.37	61.79	101.94	127.86	168.88
Total Assets	11,257	12,531	11,608	10,353	11,440	11,096
Accounts Payable	0.2	394.56	520.17	329.06	249.38	265.9
Accrued Expenses	0	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	2.34	10.92	33.97	6.88	26.31	33.24
Other Current Liabilities	475.6	421.52	198.37	169.72	151.83	151.45
Total Current Liabilities	480.35	870.37	812.82	546.22	484.35	525.25
Long-Term Leases	5.76	7.36	9.56	-	1.49	5.13
Pension & Post-Retirement Benefits	23.09	37.17	43.73	34.77	29.53	26.43
Long-Term Deferred Tax Liabilities	18.7	19.73	20.65	0.63	-	-
Other Long-Term Liabilities	93.07	288.82	321.45	348.87	369.39	376.49
Total Liabilities	620.96	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	9,072	9,598	8,727	7,754	8,883	8,477
Treasury Stock	-131.01	-131.01	-131.01	-131.01	-131.01	-131.01
Comprehensive Income & Other	15.27	17.5	14.29	6.25	6.84	3.79
Total Common Equity	10,612	11,141	10,267	9,286	10,416	10,006
Minority Interest	23.74	166.91	132.48	136.44	139.77	156.13
Shareholders' Equity	10,636	11,308	10,399	9,422	10,555	10,162
Total Liabilities & Equity	11,257	12,531	11,608	10,353	11,440	11,096
Total Debt	7.96	9.56	11.39	2.66	6.17	10.49
Net Cash (Debt)	4,298	4,733	4,020	2,981	3,938	3,217
Net Cash Growth	-5.27%	17.75%	34.83%	-24.29%	22.42%	9.53%
Net Cash Per Share	2.87	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	4,654	5,005	4,483	3,394	4,217	3,581
Book Value Per Share	7.09	7.44	6.86	6.20	6.96	6.69
Tangible Book Value	10,611	11,106	10,231	9,249	10,378	9,967
Tangible Book Value Per Share	7.09	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.