Rentokil Initial plc (RTO)

Rentokil Initial Balance Sheet

Financials in millions GBP. 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	1,557	1,562	2,170	668	1,950	1,169
Short-Term Investments	1	1	1	2	172.2	1.7
Trading Asset Securities	-	14	-	2	-	0.1
Cash & Short-Term Investments	1,558	1,577	2,171	672	2,122	1,171
Cash Growth	9.80%	-27.36%	223.07%	-68.33%	81.19%	785.11%
Accounts Receivable	949	880	830	527	504.6	434.8
Other Receivables	9	33	36	9	46.3	42.8
Receivables	958	913	866	536	550.9	477.6
Inventory	204	207	200	136	131.3	106.5
Prepaid Expenses	-	-	-	-	29.3	30.1
Other Current Assets	10	-	-	-	5.6	0.1
Total Current Assets	2,730	2,697	3,237	1,344	2,839	1,785
Property, Plant & Equipment	959	951	944	626	620.2	612.9
Long-Term Investments	82	122	107	40	64.4	37.6
Goodwill	-	5,016	5,100	1,844	1,608	1,343
Other Intangible Assets	7,128	2,005	2,185	306	301.1	317.2
Long-Term Accounts Receivable	49	45	90	14	-	-
Long-Term Deferred Tax Assets	48	43	43	42	37.7	29.3
Long-Term Deferred Charges	229	245	233	89	80.4	79.1
Other Long-Term Assets	7	3	3	19	32.1	50.1
Total Assets	11,232	11,127	11,942	4,324	5,583	4,254
Accounts Payable	1,145	357	351	165	182.3	187.9
Accrued Expenses	-	417	429	326	301.1	233.3
Short-Term Debt	841	730	1,291	426	1,399	895.3
Current Portion of Long-Term Debt	394	436	54	34	192.9	48.9
Current Portion of Leases	133	127	135	78	72.7	72
Current Income Taxes Payable	46	48	60	61	80	72.9
Current Unearned Revenue	-	254	259	167	159.3	144.6
Other Current Liabilities	68	210	260	133	315.9	120.5
Total Current Liabilities	2,627	2,579	2,839	1,390	2,703	1,775
Long-Term Debt	3,170	3,169	3,666	1,290	1,338	1,097
Long-Term Leases	315	318	325	139	141.8	144.7
Long-Term Deferred Tax Liabilities	534	517	513	108	94.7	110.8
Other Long-Term Liabilities	394	428	471	106	136.8	86.7
Total Liabilities	7,069	7,039	7,844	3,060	4,453	3,252
Common Stock	25	25	25	19	18.5	18.5
Additional Paid-In Capital	14	14	9	7	6.8	6.8
Retained Earnings	3,577	3,518	3,302	3,166	3,041	2,855
Comprehensive Income & Other	548	532	763	-1,927	-1,937	-1,878
Total Common Equity	4,164	4,089	4,099	1,265	1,130	1,002
Minority Interest	-1	-1	-1	-1	0.9	0.6
Shareholders' Equity	4,163	4,088	4,098	1,264	1,131	1,002
Total Liabilities & Equity	11,232	11,127	11,942	4,324	5,583	4,254
Total Debt	4,853	4,780	5,471	1,967	3,144	2,258
Net Cash (Debt)	-3,295	-3,203	-3,300	-1,295	-1,022	-1,087
Net Cash Per Share	-1.30	-1.27	-1.64	-0.69	-0.55	-0.58
Filing Date Shares Outstanding	2,521	2,510	2,500	1,850	1,847	1,842
Total Common Shares Outstanding	2,521	2,510	2,500	1,850	1,847	1,842
Working Capital	103	118	398	-46	136	9.9
Book Value Per Share	1.65	1.63	1.64	0.68	0.61	0.54
Tangible Book Value	-2,964	-2,932	-3,186	-885	-779.8	-658
Tangible Book Value Per Share	-1.18	-1.17	-1.27	-0.48	-0.42	-0.36
Land	-	122	127	87	87.3	84.1
Machinery	-	1,085	1,057	916	910	840.2

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