Taiwan Cogeneration Corporation (TPE: 8926)

Taiwan Cogeneration Balance Sheet

Financials in millions TWD. 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	2,933	1,923	3,735	2,764	1,603	962.02
Accounts Receivable	4,312	2,978	2,643	3,203	4,353	4,090
Other Receivables	1,109	149.59	139.64	116.77	206.67	71.97
Inventory	10.25	7.95	18.1	13.19	7.49	6.18
Prepaid Expenses	-	-	46.18	18.28	18.98	396.01
Other Current Assets	69.64	772.77	54.86	37.13	44.85	72.9
Total Current Assets	8,622	5,831	6,636	6,152	6,234	5,599
Property, Plant & Equipment	4,531	4,709	3,652	3,460	3,016	1,646
Goodwill	96.37	96.37	141.01	141.01	96.37	-
Other Intangible Assets	309.76	877.82	935.29	900.95	398.26	4.04
Long-Term Investments	13,932	14,271	13,282	13,026	12,828	12,940
Long-Term Deferred Tax Assets	249.01	232.3	188.01	197.17	209.55	138.28
Long-Term Accounts Receivable	-	0.85	11.33	21.65	29.48	-
Other Long-Term Assets	119.29	136.7	130.92	154.52	168.22	102.71
Total Assets	27,859	26,155	24,976	24,054	22,980	20,429
Accounts Payable	123.87	106.57	158.92	129.38	230.51	82.74
Accrued Expenses	237.84	186.75	221.95	129.08	127.87	99.35
Short-Term Debt	1,035	1,054	1,066	539.61	35	875
Current Portion of Long-Term Debt	123.97	161.47	947.39	115.69	54.55	25.52
Current Unearned Revenue	0.11	113.26	583.08	193.47	202.71	621.34
Current Portion of Leases	54.51	63.74	53.32	54.53	48.17	25.81
Current Income Taxes Payable	59.68	74.12	70.66	50.92	95.56	1.62
Other Current Liabilities	6,295	3,861	3,599	3,855	4,051	2,567
Total Current Liabilities	7,930	5,621	6,700	5,067	4,845	4,299
Long-Term Debt	4,346	4,089	5,625	6,244	5,488	3,715
Long-Term Leases	401.96	419.33	424.38	448.51	182.64	105.21
Long-Term Unearned Revenue	127.49	168.85	122.19	56.18	12.08	-
Pension & Post-Retirement Benefits	122.69	121.84	112.09	124.39	126.43	123.59
Long-Term Deferred Tax Liabilities	60.7	63.28	70.69	74.2	78.56	-
Other Long-Term Liabilities	101.46	84.36	71.46	60.87	56.97	85
Total Liabilities	13,090	10,567	13,126	12,076	10,790	8,327
Common Stock	7,303	7,303	5,890	5,890	5,890	5,890
Additional Paid-In Capital	2,622	2,622	499.69	499.69	499.69	499.69
Retained Earnings	4,839	5,534	5,317	5,430	5,625	5,558
Comprensive Income & Other	4.12	-9.19	-14.13	11.38	35	17.19
Total Common Equity	14,768	15,450	11,693	11,831	12,051	11,965
Minority Interest	-	138.09	156.83	146.59	139.09	137.05
Shareholders' Equity	14,768	15,588	11,850	11,978	12,190	12,102
Total Liabilities & Equity	27,859	26,155	24,976	24,054	22,980	20,429
Total Debt	5,961	5,788	8,116	7,403	5,809	4,746
Net Cash (Debt)	-2,840	-3,865	-4,382	-4,639	-4,205	-3,784
Net Cash Per Share	-3.88	-5.61	-6.94	-7.42	-6.72	-6.05
Filing Date Shares Outstanding	730.28	730.28	624.3	624.3	624.3	624.3
Total Common Shares Outstanding	730.28	730.28	624.3	624.3	624.3	624.3
Working Capital	692.01	210.27	-64.23	1,085	1,389	1,300
Book Value Per Share	20.22	21.16	18.73	18.95	19.30	19.17
Tangible Book Value	14,362	14,475	10,617	10,790	11,556	11,961
Tangible Book Value Per Share	19.67	19.82	17.01	17.28	18.51	19.16
Land	277.72	277.72	264.64	264.64	264.64	264.64
Buildings	1,385	1,385	362.1	78.95	78.95	78.95
Machinery	7,204	7,213	6,823	6,002	6,003	2,691
Construction In Progress	52.74	17.3	82.18	721.24	292.48	353.39

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