NetLink NBN Trust (SGX: CJLU)

NetLink NBN Trust Balance Sheet

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	182.91	182.91	200.7	149.82	170.54	160.35
Short-Term Investments	-	-	-	-	-	0.52
Cash & Short-Term Investments	182.91	182.91	200.7	149.82	170.54	160.88
Cash Growth	-8.86%	-8.86%	33.97%	-12.15%	6.00%	15.93%
Accounts Receivable	79.32	79.32	94.69	95.87	70.68	60.89
Other Receivables	1.39	1.39	1.27	-	-	12.76
Receivables	80.7	80.7	95.96	95.87	70.68	73.65
Inventory	4.33	4.33	6.76	4.1	5.16	4.3
Prepaid Expenses	-	-	-	-	-	4.09
Restricted Cash	-	-	-	-	-	8.27
Other Current Assets	5.83	5.83	5.67	5.5	5.16	-
Total Current Assets	273.77	273.77	309.1	255.29	251.54	251.19
Property, Plant & Equipment	2,709	2,709	2,764	2,866	2,964	3,039
Long-Term Investments	22	22	29	-	-	-
Goodwill	746.85	746.85	746.85	746.85	746.85	746.85
Other Intangible Assets	99.12	99.12	97.37	75.85	80.09	84.33
Long-Term Accounts Receivable	65.67	65.67	65.89	66.71	80.51	87.43
Other Long-Term Assets	0.24	0.24	0.24	20.86	0.22	0.22
Total Assets	3,917	3,917	4,013	4,032	4,123	4,209
Accounts Payable	21.03	21.03	26.29	55.37	56.4	10.87
Accrued Expenses	19.85	19.85	17.9	-	-	21.2
Current Portion of Long-Term Debt	-	-	-	155.8	509.12	516.36
Current Portion of Leases	2.27	2.27	1.64	2.24	2.28	1.82
Current Income Taxes Payable	42.83	42.83	43.31	37.29	23.29	6.93
Current Unearned Revenue	37.99	37.99	36.92	26.47	21.41	22.76
Other Current Liabilities	13.43	13.43	15.85	-	-	22.7
Total Current Liabilities	137.4	137.4	141.91	277.16	612.48	602.63
Long-Term Debt	763.12	763.12	732.02	507.89	155.59	155.38
Long-Term Leases	31.2	31.2	31.6	36.21	36.55	12.28
Long-Term Unearned Revenue	5.13	5.13	5.53	8.23	6.3	6.68
Long-Term Deferred Tax Liabilities	456.24	456.24	468.83	484.64	506.54	524.86
Other Long-Term Liabilities	0.79	0.79	1.06	1.31	2.29	-
Total Liabilities	1,394	1,394	1,381	1,315	1,320	1,302
Common Stock	3,117	3,117	3,117	3,117	3,117	3,117
Retained Earnings	-616.51	-616.51	-514.35	-421.35	-313.48	-211.1
Comprensive Income & Other	22	22	29	20.62	-	0.86
Shareholders' Equity	2,523	2,523	2,632	2,716	2,804	2,907
Total Liabilities & Equity	3,917	3,917	4,013	4,032	4,123	4,209
Total Debt	796.6	796.6	765.25	702.14	703.53	685.84
Net Cash (Debt)	-613.69	-613.69	-564.55	-552.32	-533	-524.96
Net Cash Per Share	-0.16	-0.16	-0.14	-0.14	-0.14	-0.13
Filing Date Shares Outstanding	3,897	3,897	3,897	3,897	3,897	3,897
Total Common Shares Outstanding	3,897	3,897	3,897	3,897	3,897	3,897
Working Capital	136.37	136.37	167.19	-21.88	-360.95	-351.45
Book Value Per Share	0.65	0.65	0.68	0.70	0.72	0.75
Tangible Book Value	1,677	1,677	1,788	1,894	1,977	2,076
Tangible Book Value Per Share	0.43	0.43	0.46	0.49	0.51	0.53
Land	41.52	41.52	38.34	-	-	9.57
Machinery	130.69	130.69	128.98	-	-	158.15
Construction In Progress	72.28	72.28	50.08	-	-	70.21
Leasehold Improvements	2.32	2.32	2.31	-	-	2.37

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