Waterfront Philippines, Incorporated (PSE: WPI)

Waterfront Philippines 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	412.39	475.95	583.89	843.8	1,178	676.76
Short-Term Investments	1.28	1.28	13	12.96	12.86	14.66
Cash & Short-Term Investments	413.67	477.23	596.88	856.75	1,191	691.42
Cash Growth	-12.49%	-20.05%	-30.33%	-28.07%	72.26%	-5.96%
Accounts Receivable	1,016	386.6	326.43	259.99	164.56	389.4
Other Receivables	7,252	515.91	546.45	455.27	363.13	273.63
Receivables	8,382	4,014	3,268	2,510	3,009	3,208
Inventory	26.39	24.95	29.1	23.87	22.7	30.44
Prepaid Expenses	798.48	47.84	52.15	56.91	53.46	38.5
Other Current Assets	-	293.83	276.29	242.17	147.17	155.9
Total Current Assets	9,621	4,858	4,223	3,690	4,424	4,125
Property, Plant & Equipment	8,079	11,112	11,119	10,290	8,659	6,840
Long-Term Investments	19.94	70.26	69.94	69.94	69.74	30.33
Long-Term Deferred Tax Assets	259.48	251.17	270.41	268.49	167.67	239.3
Other Long-Term Assets	769.72	797.8	804.67	850.44	924.69	740.18
Total Assets	18,749	20,680	20,409	17,001	15,243	13,105
Accounts Payable	714	718.32	650.9	644.13	658.3	845.45
Accrued Expenses	836.49	1,071	985.02	866.03	1,196	1,170
Short-Term Debt	0.03	1.03	1	1	4.12	4.12
Current Portion of Long-Term Debt	771.08	715	595	1,010	627.66	650
Current Portion of Leases	0.31	2.8	0.12	1.34	1.19	0.09
Current Income Taxes Payable	0.03	76.47	54.33	40.28	65.33	50.88
Current Unearned Revenue	-	-	0.71	0.29	0.61	1.51
Other Current Liabilities	432.68	73.82	88	114.85	121.43	160.45
Total Current Liabilities	2,755	2,658	2,375	2,678	2,675	2,883
Long-Term Debt	2,467	2,435	2,775	-	635.11	890.43
Long-Term Leases	26.39	146.11	128.02	128.13	129.47	128.33
Long-Term Unearned Revenue	-	232.44	232.44	-	-	-
Long-Term Deferred Tax Liabilities	1,036	2,264	2,275	2,092	1,983	1,456
Other Long-Term Liabilities	116.97	241.87	230.65	432.97	418.94	354.44
Total Liabilities	6,407	7,978	8,016	5,331	5,841	5,712
Common Stock	2,499	2,499	2,499	2,499	2,499	2,499
Additional Paid-In Capital	706.36	706.36	706.36	706.36	706.36	706.36
Retained Earnings	2,345	2,518	2,257	1,847	1,114	552.16
Comprehensive Income & Other	5,361	5,522	5,578	5,403	4,000	2,870
Total Common Equity	10,911	11,245	11,040	10,455	8,320	6,627
Minority Interest	1,431	1,457	1,352	1,215	1,083	765.87
Shareholders' Equity	12,342	12,702	12,392	11,670	9,402	7,393
Total Liabilities & Equity	18,749	20,680	20,409	17,001	15,243	13,105
Total Debt	3,265	3,300	3,499	1,141	1,398	1,673
Net Cash (Debt)	-2,851	-2,823	-2,902	-283.83	-206.52	-981.54
Net Cash Per Share	-0.95	-1.13	-1.16	-0.11	-0.08	-0.39
Filing Date Shares Outstanding	2,499	2,499	2,499	2,499	2,499	2,499
Total Common Shares Outstanding	2,499	2,499	2,499	2,499	2,499	2,499
Working Capital	6,866	2,200	1,847	1,012	1,749	1,242
Book Value Per Share	4.37	4.50	4.42	4.18	3.33	2.65
Tangible Book Value	10,911	11,245	11,040	10,455	8,320	6,627
Tangible Book Value Per Share	4.37	4.50	4.42	4.18	3.33	2.65
Land	-	4,811	4,726	4,226	3,305	1,429
Buildings	-	7,523	7,401	7,434	6,521	6,496
Machinery	-	1,977	1,976	1,575	1,519	1,500
Construction In Progress	-	994.18	896.3	644.35	576.52	344.64
Leasehold Improvements	-	26.3	25.06	25.06	25.06	25.06

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