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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,670	1,923	3,735	2,764	1,603	962.02
Accounts Receivable	4,957	2,978	2,643	3,203	4,353	4,090
Other Receivables	127.26	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	89.87	772.77	54.86	37.13	44.85	72.9
Total Current Assets	7,291	5,831	6,636	6,152	6,234	5,599
Property, Plant & Equipment	4,439	4,709	3,652	3,460	3,016	1,646
Goodwill	96.37	96.37	141.01	141.01	96.37	-
Other Intangible Assets	304.38	877.82	935.29	900.95	398.26	4.04
Long-Term Investments	14,109	14,271	13,282	13,026	12,828	12,940
Long-Term Deferred Tax Assets	244.32	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	128.3	136.7	130.92	154.52	168.22	102.71
Total Assets	26,613	26,155	24,976	24,054	22,980	20,429
Accounts Payable	132.5	106.57	158.92	129.38	230.51	82.74
Accrued Expenses	204	186.75	221.95	129.08	127.87	99.35
Short-Term Debt	534.75	1,054	1,066	539.61	35	875
Current Portion of Long-Term Debt	2,023	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	49.28	63.74	53.32	54.53	48.17	25.81
Current Income Taxes Payable	18.1	74.12	70.66	50.92	95.56	1.62
Other Current Liabilities	5,208	3,861	3,599	3,855	4,051	2,567
Total Current Liabilities	8,170	5,621	6,700	5,067	4,845	4,299
Long-Term Debt	2,612	4,089	5,625	6,244	5,488	3,715
Long-Term Leases	395.27	419.33	424.38	448.51	182.64	105.21
Long-Term Unearned Revenue	130.54	168.85	122.19	56.18	12.08	-
Pension & Post-Retirement Benefits	123.16	121.84	112.09	124.39	126.43	123.59
Long-Term Deferred Tax Liabilities	59.53	63.28	70.69	74.2	78.56	-
Other Long-Term Liabilities	119.63	84.36	71.46	60.87	56.97	85
Total Liabilities	11,610	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	5,092	5,534	5,317	5,430	5,625	5,558
Comprehensive Income & Other	-13.04	-9.19	-14.13	11.38	35	17.19
Total Common Equity	15,003	15,450	11,693	11,831	12,051	11,965
Minority Interest	-	138.09	156.83	146.59	139.09	137.05
Shareholders' Equity	15,003	15,588	11,850	11,978	12,190	12,102
Total Liabilities & Equity	26,613	26,155	24,976	24,054	22,980	20,429
Total Debt	5,615	5,788	8,116	7,403	5,809	4,746
Net Cash (Debt)	-3,508	-3,865	-4,382	-4,639	-4,205	-3,784
Net Cash Per Share	-4.80	-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	-878.56	210.27	-64.23	1,085	1,389	1,300
Book Value Per Share	20.54	21.16	18.73	18.95	19.30	19.17
Tangible Book Value	14,603	14,475	10,617	10,790	11,556	11,961
Tangible Book Value Per Share	20.00	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	7,203	7,213	6,823	6,002	6,003	2,691
Construction In Progress	67.76	17.3	82.18	721.24	292.48	353.39

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