Fabryki Mebli FORTE S.A. (WSE: FTE)

Fabryki Mebli FORTE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.16	30.92	29.34	19.61	28.59	88.03
Short-Term Investments	0.13	0.13	0.14	-	-	-
Cash & Short-Term Investments	19.3	31.05	29.48	19.61	28.59	88.03
Cash Growth	-1.60%	5.33%	50.35%	-31.40%	-67.53%	57.40%
Accounts Receivable	128.44	128.59	134.89	135.06	186.99	180.04
Other Receivables	44.91	50.44	75.63	60.35	0.58	0.11
Receivables	173.35	179.03	210.52	195.42	187.58	180.15
Inventory	194.52	190.65	250.16	266.1	239.46	178.92
Other Current Assets	81.7	63.06	-	0.14	5.98	5.03
Total Current Assets	468.86	463.79	490.16	481.27	461.6	452.12
Property, Plant & Equipment	793.55	806.11	814.97	809.55	833.41	845.04
Long-Term Investments	10.58	10.58	9.88	9.88	0.55	0.65
Other Intangible Assets	32.22	29.27	23.73	29.76	16.73	17.52
Long-Term Deferred Tax Assets	10.47	12.64	80.12	91.9	68.45	92.14
Other Long-Term Assets	93.78	115.99	77.23	58.77	56.73	64.5
Total Assets	1,409	1,438	1,496	1,481	1,437	1,472
Accounts Payable	66.83	71.83	71.89	69.93	225.81	170.99
Accrued Expenses	80.4	63.3	84.99	76.51	3.37	5.08
Current Portion of Long-Term Debt	293.84	321.07	149.86	138.72	83.09	153.9
Current Portion of Leases	2.18	1.96	1.99	0.54	0.83	2.1
Current Income Taxes Payable	0.05	0	1.78	0.74	4.71	16.53
Current Unearned Revenue	1.39	1.16	1.8	1.64	1.72	1.78
Other Current Liabilities	7	9.43	17.59	24.25	4.06	2.57
Total Current Liabilities	451.67	468.77	329.9	312.33	323.6	352.96
Long-Term Debt	3.77	3.93	232.06	248.56	241.97	233.64
Long-Term Leases	34	33.77	33.95	27.23	25.64	22.76
Long-Term Unearned Revenue	17.89	14.92	9.04	14.77	-	-
Other Long-Term Liabilities	2.33	3.01	5.55	15.64	46.91	61.07
Total Liabilities	513.89	528.61	614.11	623.02	642.62	675.76
Common Stock	23.93	23.93	23.93	23.93	23.93	23.93
Additional Paid-In Capital	114.56	114.56	114.56	114.56	114.56	114.56
Retained Earnings	636.5	647.89	708.49	709.89	668.21	691.9
Comprehensive Income & Other	118.65	121.46	32.9	7.38	-14.48	-36.74
Total Common Equity	893.63	907.83	879.88	855.75	792.22	793.65
Minority Interest	1.95	1.95	2.12	2.34	2.63	2.56
Shareholders' Equity	895.57	909.78	882	858.1	794.84	796.21
Total Liabilities & Equity	1,409	1,438	1,496	1,481	1,437	1,472
Total Debt	333.79	360.73	417.86	415.04	351.53	412.4
Net Cash (Debt)	-314.49	-329.68	-388.38	-395.43	-322.95	-324.38
Net Cash Per Share	-13.14	-13.78	-16.23	-16.52	-13.50	-13.55
Filing Date Shares Outstanding	23.93	23.93	23.93	23.93	23.93	23.93
Total Common Shares Outstanding	23.93	23.93	23.93	23.93	23.93	23.93
Working Capital	17.19	-4.98	160.26	168.94	138	99.16
Book Value Per Share	37.34	37.94	36.77	35.76	33.10	33.16
Tangible Book Value	861.41	878.56	856.15	826	775.49	776.13
Tangible Book Value Per Share	36.00	36.71	35.78	34.52	32.41	32.43
Land	-	63.42	61.98	-	-	-
Buildings	-	447.28	432.27	-	-	-
Machinery	-	735.5	714.34	-	-	-
Construction In Progress	-	23	20.02	-	-	-

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