Below are the financial statements of Acen, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of PHP | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 25.16a | 39.7a |
| Current portion of | — | — |
| Accounts and notes receivable | 22.76a | 26.07a |
| Input value added tax (VAT) | 2.79a | 2.06a |
| Creditable withholding taxes | 0.36a | 0.1a |
| Financial assets at fair value through profit or loss (FVTPL) | 5.7a | 1.94a |
| Fuel and spare parts - at cost | 0.97a | 0.96a |
| Other current assets | 1.38a | 0.75a |
| Total current assets | 59.13a | 71.58a |
| Noncurrent assets | — | — |
| Investment in | — | — |
| Associates and joint ventures | 42.74a | 30.1a |
| Redeemable preferred shares and convertible loans | 17.83a | 21.63a |
| Financial assets at FVTPL | 0.92a | 1.93a |
| Financial assets at fair value through other comprehensive income (FVOCI) | 12.12a | 5.8a |
| Property, plant and equipment | 121.85a | 88.93a |
| Right-of-use assets | 8.45a | 8.21a |
| Goodwill and other intangible assets | 25.6a | 23.17a |
| Net of current portion | — | — |
| Accounts and notes receivable | 17.81a | 12.69a |
| Input VAT | 3.04a | 3.12a |
| Creditable withholding taxes | 3.68a | 2.51a |
| Deferred income tax assets - net | 3.32a | 2.12a |
| Other noncurrent assets | 13.05a | 13.14a |
| Total noncurrent assets | 270.41a | 213.36a |
| Total assets | 329.54a | 284.93a |
| Current liabilities | — | — |
| Accounts payable and other current liabilities | 14.41a | 16.15a |
| Short-term loans | 5.6a | 1.5a |
| Current portion of | — | — |
| Long-term loans | 7.46a | 1.29a |
| Lease liabilities | 1.89a | 0.85a |
| Income and withholding taxes payable | 0.3a | 0.24a |
| Due to stockholders | 0.01a | 0.02a |
| Total current liabilities | 29.67a | 20.04a |
| Noncurrent liabilities | — | — |
| Notes payable | 33.06a | 32a |
| Noncurrent portion of | — | — |
| Long-term loans | 87.4a | 44.49a |
| Lease liabilities | 12.61a | 7.51a |
| Pension and other employee benefits | 0.33a | 0.37a |
| Deferred income tax liabilities - net | 1.45a | 0.81a |
| Other noncurrent liabilities | 7.58a | 6.34a |
| Total noncurrent liabilities | 142.43a | 91.51a |
| Total liabilities | 172.1a | 111.56a |
| Equity | — | — |
| Common shares | 39.69a | 39.69a |
| Redeemable preferred shares | 0.03a | 0.03a |
| Additional paid-in capital | 132.3a | 132.3a |
| Other equity reserves | -59.45a | -59.45a |
| Unrealized fair value loss on equity instruments at FVOCI | -3.07a | -0.27a |
| Unrealized fair value (loss) gain on derivative instruments designated as hedges - net of tax | -0.59a | 0.59a |
| Remeasurement loss on defined benefit plans - net of tax | -0.06a | -0.03a |
| Accumulated share in other comprehensive loss of associates and joint ventures | -0.17a | -0.09a |
| Cumulative translation adjustments | 8.59a | 5.86a |
| Retained earnings | 30.32a | 24.87a |
| Treasury shares | -0.03a | -0.03a |
| Total equity attributable to equity holders of the Parent Company | 147.55a | 143.47a |
| Non-controlling interests | 9.9a | 29.9a |
| Total equity | 157.44a | 173.38a |
| Total liabilities and equity | 329.54a | 284.93a |
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