Duty Free International Limited (SGX: 5SO)

Duty Free International Balance Sheet

Financials in millions MYR. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Cash & Equivalents	178.08	185.06	156.92	153.4	195.02	334.65
Short-Term Investments	4.15	4.17	3.06	5.37	5.65	5.93
Cash & Short-Term Investments	182.24	189.23	159.98	158.77	200.66	340.58
Cash Growth	10.50%	18.28%	0.76%	-20.88%	-41.08%	0.17%
Accounts Receivable	0.59	1.38	1.98	1.03	2.12	19.41
Other Receivables	4.79	4.85	6.3	8.39	14.96	18.04
Receivables	33.21	36.33	48.62	49.85	57.51	77.89
Inventory	80.55	78.12	90.05	53.57	72.69	133.41
Prepaid Expenses	1.76	1.77	5.15	1.78	2.7	2.75
Other Current Assets	0.28	0.19	0.21	0.16	0.1	0.03
Total Current Assets	298.03	305.64	304.01	264.13	333.66	554.66
Property, Plant & Equipment	155.79	158.48	156.61	167.31	177.96	192.73
Goodwill	5.82	5.82	5.82	5.82	5.82	17.29
Other Intangible Assets	13.5	-	-	-	0.16	0.34
Long-Term Deferred Tax Assets	7.62	7.71	7.68	7.4	5.3	4.86
Other Long-Term Assets	-	4	4	3.5	3	-
Total Assets	480.75	481.64	478.12	448.15	525.89	769.88
Accounts Payable	15.94	14.66	15.82	3.4	22.13	48.72
Accrued Expenses	5.09	5.29	5.06	4.66	8.04	10.88
Short-Term Debt	-	-	3.96	-	6.25	34.34
Current Portion of Leases	4.9	4.41	0.49	0.58	0.62	2.11
Current Income Taxes Payable	1.05	1.17	0.3	0.45	3.6	2.36
Current Unearned Revenue	-	-	-	0.56	0.77	9.44
Other Current Liabilities	0.79	1.14	1.5	6.96	7.94	13.48
Total Current Liabilities	27.76	26.66	27.12	16.62	49.36	121.33
Long-Term Leases	98.41	99.95	100.08	93.84	87.51	84.25
Long-Term Deferred Tax Liabilities	6.1	6.04	5.76	6.04	6.27	6.19
Other Long-Term Liabilities	0.7	0.7	0.67	0.89	0.89	0.72
Total Liabilities	132.98	133.36	133.63	117.38	144.03	212.49
Common Stock	487.9	487.9	487.9	487.9	487.9	616.75
Additional Paid-In Capital	0.66	0.66	0.66	0.66	0.66	0.66
Retained Earnings	58.44	57.13	53.85	45.61	49.25	91.02
Treasury Stock	-22.02	-22.02	-22.02	-22.02	-22.02	-22.02
Comprensive Income & Other	-177.32	-178	-178.76	-181.58	-145.87	-145.31
Total Common Equity	347.67	345.68	341.64	330.58	369.93	541.11
Minority Interest	0.11	2.6	2.85	0.19	11.94	16.29
Shareholders' Equity	347.77	348.28	344.49	330.77	381.87	557.4
Total Liabilities & Equity	480.75	481.64	478.12	448.15	525.89	769.88
Total Debt	103.3	104.37	104.53	94.42	94.38	120.7
Net Cash (Debt)	78.93	84.86	55.46	64.36	106.28	219.88
Net Cash Growth	28.96%	53.02%	-13.82%	-39.45%	-51.66%	-30.87%
Net Cash Per Share	0.07	0.07	0.05	0.05	0.09	0.18
Filing Date Shares Outstanding	1,198	1,198	1,198	1,198	1,198	1,198
Total Common Shares Outstanding	1,198	1,198	1,198	1,198	1,198	1,198
Working Capital	270.26	278.98	276.89	247.51	284.31	433.34
Book Value Per Share	0.29	0.29	0.29	0.28	0.31	0.45
Tangible Book Value	328.35	339.87	335.83	324.76	363.95	523.48
Tangible Book Value Per Share	0.27	0.28	0.28	0.27	0.30	0.44
Buildings	-	35.73	35.73	35.73	35.73	35.73
Machinery	-	8.47	8.73	8.71	8.8	9.15
Construction In Progress	-	1.41	0.23	-	0.01	-

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