Adecoagro S.A. (AGRO)

Adecoagro Balance Sheet

Financials in millions USD. 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	140.31	339.78	230.65	199.77	336.28	290.28
Cash & Short-Term Investments	140.31	339.78	230.65	199.77	336.28	290.28
Cash Growth	-28.63%	47.31%	15.46%	-40.60%	15.85%	6.08%
Accounts Receivable	109.43	87.64	77.44	60.7	54.57	51.5
Other Receivables	39.8	41.65	55.17	56.65	62.88	48.88
Receivables	149.23	129.28	132.61	117.35	117.45	100.38
Inventory	610.86	460.38	509.84	415.35	284.43	229.92
Prepaid Expenses	11.03	6.95	6.88	9.41	10.43	12.52
Restricted Cash	-	0.01	1.37	0.02	0.04	0.02
Other Current Assets	112.54	119.26	141.67	19.91	17.95	15.95
Total Current Assets	1,024	1,056	1,023	761.8	766.57	649.07
Property, Plant & Equipment	1,987	1,979	1,955	1,702	1,581	1,743
Goodwill	19.55	14.31	18.54	16.63	14.48	20.02
Other Intangible Assets	17.13	13.21	17.58	14.71	12.45	13.66
Long-Term Deferred Tax Assets	10.16	9.78	8.76	10.32	19.82	13.66
Other Long-Term Assets	90.37	92.46	85.94	77.12	88.33	82.23
Total Assets	3,148	3,165	3,109	2,582	2,482	2,521
Accounts Payable	135.95	140.95	193.13	151.98	110.66	90.59
Accrued Expenses	37.31	46.84	38.83	31.92	30.37	34.29
Short-Term Debt	-	4.39	48.06	11.77	50.45	0.03
Current Portion of Long-Term Debt	151.87	202.72	231.71	100.4	107.18	188.05
Current Portion of Leases	55.75	52.94	54.43	45.14	36.34	41.81
Current Income Taxes Payable	2.09	5.02	0.42	1.63	0.76	0.75
Other Current Liabilities	39.55	41.2	44.27	14.61	23.41	8.87
Total Current Liabilities	422.52	494.05	610.85	357.43	359.17	364.4
Long-Term Debt	678.81	697.84	727.98	705.49	813.46	780.2
Long-Term Leases	289.82	325.57	283.55	201.72	159.44	174.57
Long-Term Deferred Tax Liabilities	351	376.33	301.41	265.85	182.38	165.51
Other Long-Term Liabilities	4.31	5.45	21.41	4.09	4.07	7.74
Total Liabilities	1,746	1,899	1,945	1,535	1,519	1,492
Common Stock	167.07	167.07	167.07	183.57	183.57	183.57
Additional Paid-In Capital	680.99	743.81	793.17	851.06	902.82	901.74
Retained Earnings	482.64	418.79	202.34	115.74	8.67	18.73
Treasury Stock	-13.38	-8.06	-4.79	-16.91	-7.63	-7.95
Comprehensive Income & Other	45.17	-92.48	-31.7	-121.74	-162.39	-107.83
Total Common Equity	1,362	1,229	1,126	1,012	925.04	988.27
Minority Interest	39.42	36.52	37.55	36.11	38.68	40.61
Shareholders' Equity	1,402	1,266	1,164	1,048	963.72	1,029
Total Liabilities & Equity	3,148	3,165	3,109	2,582	2,482	2,521
Total Debt	1,176	1,283	1,346	1,065	1,167	1,185
Net Cash (Debt)	-1,036	-943.68	-1,115	-864.74	-830.58	-894.39
Net Cash Per Share	-9.78	-8.78	-10.10	-7.48	-7.06	-7.59
Filing Date Shares Outstanding	102.46	106.01	108.19	111.1	117.3	117.09
Total Common Shares Outstanding	102.46	106.01	108.19	111.1	117.3	117.09
Working Capital	601.45	561.62	412.17	404.37	407.4	284.67
Book Value Per Share	13.30	11.59	10.41	9.11	7.89	8.44
Tangible Book Value	1,326	1,202	1,090	980.38	898.11	954.59
Tangible Book Value Per Share	12.94	11.34	10.07	8.82	7.66	8.15
Land	674.92	694.2	727.59	711.26	694.17	709.59
Buildings	597.73	527.98	526.46	435.19	379.67	413.73
Machinery	1,127	1,080	893.17	803.19	743.44	791.02
Construction In Progress	27.48	20.81	79.09	81.37	57.74	59.16

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