Afcon Holdings Ltd (TLV: AFHL)

Afcon Holdings Balance Sheet

Financials in millions ILS. 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	107.15	185.04	222.67	472.51	410.64	284.76
Short-Term Investments	4.03	12.89	33.26	35.77	78.02	4.58
Cash & Short-Term Investments	111.18	197.94	255.93	508.28	488.66	289.34
Cash Growth	-41.91%	-22.66%	-49.65%	4.01%	68.89%	70.06%
Accounts Receivable	743.43	691.89	713.8	683.69	646.38	689.63
Other Receivables	84.59	57.84	23.97	32.31	48.24	14.4
Receivables	828.02	749.72	737.78	716	694.62	704.03
Inventory	186.96	193.94	169.76	105.18	109.71	101.03
Prepaid Expenses	-	6.88	9.36	5.2	2.62	6.76
Other Current Assets	-	0.87	15.2	9.7	69.25	13.64
Total Current Assets	1,126	1,149	1,188	1,344	1,365	1,115
Property, Plant & Equipment	172.53	161.3	179.61	153.77	139.66	147.63
Long-Term Investments	137.76	136.47	90.17	96.36	44.5	87.56
Goodwill	-	64.86	59.71	52.39	48.62	48.4
Other Intangible Assets	342.22	241.86	250.31	234.73	194.71	210.81
Long-Term Accounts Receivable	-	0.68	1.48	3.07	5.14	7.07
Long-Term Deferred Tax Assets	57.1	41.33	36.8	20.33	17.09	22.68
Long-Term Deferred Charges	-	34.93	39.55	34.68	25.43	18.79
Other Long-Term Assets	10.23	9.69	6.34	6.69	34.82	34.61
Total Assets	1,871	1,864	1,863	1,948	1,875	1,692
Accounts Payable	390.2	253.29	283.01	323.02	261.74	254.94
Accrued Expenses	-	168.71	186.02	260.02	218.63	265.81
Short-Term Debt	115.47	155.39	99.71	10.64	15.45	38.96
Current Portion of Long-Term Debt	50.54	63.22	114.61	44.69	105.81	66.68
Current Portion of Leases	28.71	22.93	25.5	22.22	24.74	24.88
Current Unearned Revenue	200.42	187.62	143.85	110.83	133.07	73.49
Other Current Liabilities	155.03	73.29	71.67	85.65	43.85	40.55
Total Current Liabilities	940.37	924.45	924.36	857.06	803.29	765.3
Long-Term Debt	380.21	413.76	410.22	500	534.84	399.55
Long-Term Leases	29.7	21.84	20.3	14.17	15.13	20.04
Long-Term Deferred Tax Liabilities	10.99	10.84	11.32	6.11	7.77	4.68
Other Long-Term Liabilities	9.96	11.1	11.56	13.42	10.16	13.92
Total Liabilities	1,378	1,388	1,383	1,397	1,377	1,209
Common Stock	28.88	28.88	28.88	28.88	28.87	28.87
Additional Paid-In Capital	139.94	136.87	133.57	133.55	130.06	130.06
Retained Earnings	322.27	299.57	307.98	386.42	339.8	325.93
Treasury Stock	-2.09	-2.09	-2.09	-2.09	-2.09	-2.09
Comprehensive Income & Other	-15.63	-12.36	-12.62	-11.5	-4.46	-4.25
Total Common Equity	473.37	450.87	455.72	535.26	492.18	478.52
Minority Interest	19.46	24.38	23.55	16.33	5.74	4.46
Shareholders' Equity	492.83	475.25	479.27	551.58	497.92	482.99
Total Liabilities & Equity	1,871	1,864	1,863	1,948	1,875	1,692
Total Debt	604.63	677.14	670.34	591.72	695.97	550.11
Net Cash (Debt)	-493.45	-479.2	-414.41	-83.44	-207.31	-260.77
Net Cash Per Share	-97.41	-94.58	-81.92	-16.50	-40.29	-50.67
Filing Date Shares Outstanding	5.05	5.06	5.06	5.06	5.06	5.06
Total Common Shares Outstanding	5.05	5.06	5.06	5.06	5.06	5.06
Working Capital	185.79	224.89	263.67	487.3	561.56	349.5
Book Value Per Share	93.71	89.09	90.05	105.76	97.32	94.62
Tangible Book Value	131.15	144.16	145.7	248.14	248.86	219.31
Tangible Book Value Per Share	25.96	28.48	28.79	49.03	49.21	43.36
Land	-	-	-	34.34	22.92	21.95
Buildings	-	139.35	154.5	101.92	85.73	86.58
Machinery	-	90.23	80.35	72.84	76.26	70.57

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