Balance Sheet Fortis Healthcare Limited

Equities

FORTIS

INE061F01013

Healthcare Facilities & Services

Delayed NSE India S.E. Other stock markets 02:00:11 16/09/2024 pm IST			5-day change	1st Jan Change
589.85 ^INR	+0.97%		+7.94%	+40.65%

22/08	IHH Healthcare Updates on Tokyo Court Case Over Fortis Acquisition	MT
08/08	Jefferies Adjusts Fortis Healthcare's Price Target to INR575 From INR545, Keeps at Buy	MT

42629e.JU2-miIbihgdfaW9ZADnnzcyX1k-O9kQmaj0wX1Nbb4.bCfnzHJw5CBKO4jiLna4-AV7CjByTup23vHE8RAVVP9OBcn3D2zLLUcylQ

Published financial data: FORTIS HEALTHCARE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	46.32B	40.3B	57.18B	62.98B	68.93B
Total Revenues	46.32B	40.3B	57.18B	62.98B	68.93B
Cost of Goods Sold, Total	20.17B	19.58B	24.92B	26.78B	43.83B
Gross Profit	26.15B	20.72B	32.25B	36.2B	25.1B
Selling General & Admin Expenses, Total	2.45B	1.32B	2.26B	3.08B	3.42B
Provision for Bad Debts	226K	1.08M	37.44M	-	-
Depreciation & Amortization - (IS)	2.92B	2.91B	3.01B	3.16B	3.42B
Other Operating Expenses	17.67B	15.31B	19.34B	22.11B	9.1B
Other Operating Expenses, Total	23.04B	19.54B	24.65B	28.35B	15.94B
Operating Income	3.11B	1.18B	7.6B	7.84B	9.15B
Interest Expense, Total	-1.72B	-1.41B	-1.19B	-1.01B	-936M
Interest And Investment Income	303M	420M	215M	238M	299M
Net Interest Expenses	-1.42B	-987M	-978M	-767M	-637M
Income (Loss) On Equity Invest.	122M	476M	241M	218M	95.1M
Currency Exchange Gains (Loss)	188M	-121M	15.9M	155M	-
Other Non Operating Income (Expenses)	-222M	-146M	-189M	-159M	-228M
EBT, Excl. Unusual Items	1.78B	404M	6.69B	7.29B	8.38B
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	4.12M	-	-	7.4M	3.81M
Gain (Loss) On Sale Of Assets	-8.72M	17.68M	35.22M	169M	35.02M
Asset Writedown	-	-	-	-	-
Legal Settlements	-1.04M	-565K	-525K	-4.34M	-1.9M
Other Unusual Items	618M	12.12M	3.15B	736M	160M
EBT, Incl. Unusual Items	2.39B	433M	9.88B	8.2B	8.58B
Income Tax Expense	1.48B	995M	1.98B	1.87B	2.13B
Earnings From Continuing Operations	915M	-562M	7.9B	6.33B	6.45B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	915M	-562M	7.9B	6.33B	6.45B
Minority Interest	-336M	-536M	-2.35B	-443M	-463M
Net Income - (IS)	579M	-1.1B	5.55B	5.89B	5.99B
Net Income to Common Incl Extra Items	579M	-1.1B	5.55B	5.89B	5.99B
Net Income to Common Excl. Extra Items	579M	-1.1B	5.55B	5.89B	5.99B
Per Share Items
Net EPS - Basic	0.77	-1.45	7.35	7.8	7.93
Basic EPS - Continuing Operations	0.77	-1.45	7.35	7.8	7.93
Basic Weighted Average Shares Outstanding	755M	755M	755M	755M	755M
Net EPS - Diluted	0.77	-1.45	7.35	7.8	7.93
Diluted EPS - Continuing Operations	0.77	-1.45	7.35	7.8	7.93
Diluted Weighted Average Shares Outstanding	755M	755M	755M	755M	755M
Normalized Basic EPS	1.03	-0.38	2.43	5.45	6.33
Normalized Diluted EPS	1.03	-0.38	2.43	5.45	6.33
Dividend Per Share	-	-	-	1	1
Payout Ratio	-	-	-	2.71	14.37
Supplemental Items
EBITDA	5.33B	3.43B	9.96B	10.13B	11.83B
EBITA	3.12B	1.19B	7.74B	7.89B	9.48B
EBIT	3.11B	1.18B	7.6B	7.84B	9.15B
EBITDAR	5.45B	3.6B	10.32B	10.68B	12.37B
Total Revenues (As Reported)	46.85B	40.77B	57.45B	63.59B	69.31B
Effective Tax Rate - (Ratio)	61.78	229.73	20.03	22.8	24.8
Total Current Taxes	2.44B	1B	1.72B	1.3B	1.67B
Total Deferred Taxes	-957M	-7.26M	259M	507M	459M
Normalized Net Income	778M	-284M	1.83B	4.11B	4.78B
Interest on Long-Term Debt	1.56B	1.31B	1.12B	924M	812M
Non-Cash Pension Expense	54.78M	54.03M	59.64M	69.27M	86.61M
Supplemental Operating Expense Items
Marketing Expenses	1.95B	852M	1.62B	2.32B	2.7B
Selling and Marketing Expenses	1.95B	852M	1.62B	2.32B	2.7B
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	2.47M	466K	145K	-	-
Net Rental Expense, Total	121M	174M	363M	544M	537M
Imputed Operating Lease Interest Expense	92.62M	125M	249M	401M	387M
Imputed Operating Lease Depreciation	28.69M	48.61M	114M	143M	151M
Maintenance & Repair Expenses, Total	1.3B	1.26B	1.54B	1.68B	1.76B
Stock-Based Comp., COGS (Total)	14.71M	-9.43M	-	-	-
Stock-Based Comp., Other (Total)	225K	-	-	-	-
Total Stock-Based Compensation	14.93M	-9.43M	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.82B	2.61B	1.43B	1.41B	2.35B
Short Term Investments	839M	1.55B	2.69B	2.25B	3.65B
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	2.66B	4.16B	4.13B	3.66B	6B
Accounts Receivable, Total	4.99B	4.58B	5.12B	5.82B	6.28B
Other Receivables	30.89M	38.52M	52.16M	26M	114M
Notes Receivable	174M	137M	14.86M	16.17M	15.83M
Total Receivables	5.2B	4.75B	5.19B	5.86B	6.41B
Inventory	782M	768M	1.23B	1.23B	1.07B
Prepaid Expenses	228M	247M	320M	247M	282M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	542M	436M	469M	3.07B	439M
Total Current Assets	9.4B	10.37B	11.33B	14.06B	14.21B
Gross Property Plant And Equipment	61.69B	63.65B	65.79B	66.55B	75.15B
Accumulated Depreciation	-9.59B	-11.87B	-14.35B	-15.78B	-17.07B
Net Property Plant And Equipment	52.09B	51.79B	51.44B	50.77B	58.08B
Long-term Investments	1.75B	1.86B	1.04B	2.1B	2.3B
Goodwill	37.21B	37.22B	41.23B	41.41B	41.94B
Other Intangibles, Total	760M	638M	3.42B	4.36B	4.13B
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term	300M	299M	2.95M	9.06M	14.83M
Deferred Tax Assets Long-Term	3.93B	3.7B	3.69B	3.44B	3.17B
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	8.04B	5.68B	6.69B	8.18B	9.04B
Total Assets	113B	112B	119B	124B	133B
Liabilities
Accounts Payable, Total	5.98B	5.48B	6.61B	7.14B	7.28B
Accrued Expenses, Total	2B	1.79B	1.59B	1.88B	2.12B
Short-term Borrowings	3.63B	1.8B	1.7B	1.03B	687M
Current Portion of Long-Term Debt	374M	1.23B	169M	281M	488M
Current Portion of Leases	278M	282M	356M	399M	518M
Current Income Taxes Payable	27.36M	60.33M	24.46M	39.13M	388M
Unearned Revenue Current, Total	598M	616M	603M	558M	518M
Other Current Liabilities	12.91B	1.07B	1.65B	2.93B	19.71B
Total Current Liabilities	25.79B	12.33B	12.69B	14.26B	31.7B
Long-Term Debt	9.54B	9.68B	7.79B	5.72B	7.41B
Long-Term Leases	2.12B	2.32B	2.54B	1.83B	2.45B
Unearned Revenue Non Current	649K	663K	-	-	-
Pension & Other Post Retirement Benefits	756M	876M	896M	1.02B	1.14B
Deferred Tax Liability Non Current	3.12B	2.89B	3.81B	4.11B	4.29B
Other Non Current Liabilities	94.75M	16.28B	21.04B	16.4B	332M
Total Liabilities	41.42B	44.37B	48.76B	43.33B	47.33B
Common Stock, Total	7.55B	7.55B	7.55B	7.55B	7.55B
Additional Paid In Capital	72.15B	72.15B	72.15B	72.15B	72.15B
Retained Earnings	-11.91B	-17.35B	-16.28B	-5.64B	-1.47B
Comprehensive Income and Other	-1.18B	-1.16B	-1.64B	-1.64B	-1.61B
Total Common Equity	66.61B	61.2B	61.78B	72.42B	76.63B
Minority Interest	5.44B	5.98B	8.3B	8.58B	8.93B
Total Equity	72.06B	67.18B	70.08B	81B	85.56B
Total Liabilities And Equity	113B	112B	119B	124B	133B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	755M	755M	755M	755M	755M
ECS Total Common Shares Outstanding	755M	755M	755M	755M	755M
Book Value / Share	88.23	81.06	81.84	95.93	101.5
Tangible Book Value	28.64B	23.34B	17.13B	26.65B	30.55B
Tangible Book Value Per Share	37.94	30.92	22.69	35.3	40.47
Total Debt	15.94B	15.31B	12.55B	9.26B	11.55B
Net Debt	13.29B	11.14B	8.42B	5.59B	5.55B
Debt Equivalent of Unfunded Proj. Benefit Obligation	886M	911M	1.02B	1.17B	1.27B
Debt Equivalent Oper. Leases	971M	1.39B	2.9B	4.35B	4.3B
Minority Interest, Total (Incl. Fin. Div)	5.44B	5.98B	8.3B	8.58B	8.93B
Equity Method Investments, Total	1.75B	1.86B	1.04B	2.1B	2.3B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	766M	757M	1.22B	1.25B	1.07B
Inventories - Finished Goods, Total	-	-	-	-20.52M	-
Inventories - Others	16.25M	10.53M	8.83M	-	-
Land - (BS)	19.22B	19.26B	18.39B	18.39B	17.6B
Buildings, Total	12.61B	12.69B	12.77B	11.85B	12.71B
Machinery, Total	14.8B	16.5B	18.36B	19.83B	23.54B
Full Time Employees	16.3K	15.84K	16.26K	13.01K	12.09K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Assets on Operating Lease - Gross	455M	455M	457M	427M	369M
Assets on Operating Lease - Accumulated Depreciation	-308M	-325M	-343M	-331M	-298M
Accumulated Allowance for Doubtful Accounts (Supple)	1.97B	2.02B	2.45B	2.35B	2.16B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	579M	-1.1B	5.55B	5.89B	5.99B
Depreciation & Amortization - CF	2.62B	2.67B	2.71B	2.77B	3B
Amortization of Goodwill and Intangible Assets - (CF)	14.85M	9.54M	139M	45.67M	325M
Depreciation & Amortization, Total	2.64B	2.68B	2.85B	2.82B	3.32B
Amortization of Deferred Charges, Total - (CF)	278M	229M	155M	339M	104M
Minority Interest in Earnings - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	8.72M	-17.68M	-116M	-169M	-35.02M
(Gain) Loss on Sale of Investments - (CF)	-390M	-	-	-743M	-92.71M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision for Credit Losses	-233M	-	-8M	-	-8M
(Income) Loss On Equity Investments - (CF)	-122M	-476M	-241M	-218M	-95.1M
Stock-Based Compensation (CF)	14.93M	-9.43M	-	-	-
Provision and Write-off of Bad Debts	681M	427M	382M	463M	396M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-278M	3.25B	180M	89.49M	1.23B
Change In Accounts Receivable	179M	286M	-846M	-1.23B	-879M
Change In Inventories	-216M	14.16M	-382M	-19.96M	139M
Change In Accounts Payable	-1.22B	-284M	1.38B	1.04B	519M
Change in Other Net Operating Assets	-209M	-143M	-257M	-33.64M	417M
Cash from Operations	1.72B	4.85B	8.65B	8.22B	11B
Capital Expenditure	-1.56B	-2.19B	-2.15B	-4.47B	-9.42B
Sale of Property, Plant, and Equipment	193M	69.79M	1B	223M	2.77B
Cash Acquisitions	-	-10.5M	-3.25B	-264M	-1.15B
Investment in Marketable and Equity Securities, Total	1.31B	78.64M	-1.13B	493M	-1.4B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	658M	696M	386M	284M	340M
Cash from Investing	604M	-1.35B	-5.14B	-3.74B	-8.86B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	10.06B	3.35B	3.06B	2.4B	6.12B
Total Debt Issued	10.06B	3.35B	3.06B	2.4B	6.12B
Short Term Debt Repaid, Total	-8.83B	-503M	-445M	-861M	-38.58M
Long-Term Debt Repaid, Total	-7.8B	-2.6B	-6.32B	-4.8B	-4.78B
Total Debt Repaid	-16.62B	-3.1B	-6.77B	-5.66B	-4.82B
Issuance of Common Stock	246K	-	-	-	-
Common Dividends Paid	-	-	-	-160M	-860M
Common & Preferred Stock Dividends Paid	-	-	-	-160M	-860M
Other Financing Activities, Total	-2.05B	-1.69B	-1.47B	-1.3B	-1.3B
Cash from Financing	-8.62B	-1.43B	-5.17B	-4.71B	-865M
Foreign Exchange Rate Adjustments	30.54M	45.46M	550K	12.42M	-27.52M
Miscellaneous Cash Flow Adjustments	-	-	137M	-220K	-
Net Change in Cash	-6.27B	2.12B	-1.53B	-215M	1.25B
Supplemental Items
Cash Interest Paid	2.05B	1.69B	1.47B	1.3B	1.3B