Del Monte Pacific Limited

08/14/2024 | Press release | Distributed by Public on 08/13/2024 22:30

Annual Report

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED

ANNUAL REPORT PURSUANT TO SECTION 17
OF THE SECURITIES REGULATION CODE AND SECTION 141
OF THE CORPORATION CODE OF THE PHILIPPINES

1. For the fiscal year ended Apr 30, 20242. SEC Identification Number N/A3. BIR Tax Identification No. N/A4. Exact name of issuer as specified in its charter Del Monte Pacific Limited5. Province, country or other jurisdiction of incorporation or organization British Virgin Islands6. Industry Classification Code(SEC Use Only) 7. Address of principal office Craigmuir Chambers, PO Box 71 Road Town, Tortola, British Virgin IslandsPostal CodeN/A8. Issuer's telephone number, including area code + 65 6324 68229. Former name or former address, and former fiscal year, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Ordinary Share 1,943,960,024.
11. Are any or all of registrant's securities listed on a Stock Exchange? Yes No If yes, state the name of such stock exchange and the classes of securities listed therein: Singapore Exchange Securities Trading Limited - Ordinary Shares; Philippine Stock Exchange - Ordinary Shares and Preference Shares12. Check whether the issuer:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of The Corporation Code of the Philippines during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes No (b) has been subject to such filing requirements for the past ninety (90) days Yes No

13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form

The aggregate market value was US$40,837,441 as at 30 June 2024APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS

14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.

Yes No DOCUMENTS INCORPORATED BY REFERENCE 15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated: (a) Any annual report to security holders NONE(b) Any information statement filed pursuant to SRC Rule 20 NONE(c) Any prospectus filed pursuant to SRC Rule 8.1 NONE

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Del Monte Pacific LimitedDELM

PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and
Section 17.2 and 17.8 of the Revised Disclosure Rules

For the fiscal year ended Apr 30, 2024
Currency US$ (In Thousands)
Balance Sheet
Year Ending Previous Year Ending
Apr 30, 2024 Apr 30, 2023
Current Assets 1,384,971 1,431,550
Total Assets 3,112,888 3,139,669
Current Liabilities 1,345,345 1,178,657
Total Liabilities 2,859,737 2,753,911
Retained
Earnings/(Deficit)
-73,233 119,540
Stockholders' Equity 253,151 385,758
Stockholders' Equity - Parent 129,987 318,956
Book Value Per Share 6.68 16.4
Income Statement
Year Ending Previous Year Ending
Apr 30, 2024 Apr 30, 2023
Gross Revenue 2,427,730 2,421,313
Gross Expense 2,382,728 2,175,715
Non-Operating Income 5,429 14,293
Non-Operating Expense 200,888 217,347
Income/(Loss) Before Tax -150,457 42,544
Income Tax Expense -18,508 17,167
Net Income/(Loss) After Tax -131,949 25,377
Net Income/(Loss) Attributable to Parent Equity Holder -129,157 16,949
Earnings/(Loss) Per Share (Basic) -6.64 0.66
Earnings/(Loss) Per Share (Diluted) -6.64 0.66
Financial Ratios
Formula Fiscal Year Ended Previous Fiscal Year
Apr 30, 2024 Apr 30, 2023
Liquidity Analysis Ratios:
Current Ratio or
Working Capital Ratio
Current Assets / Current Liabilities 1 1.2
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 0.2 0.2
Solvency Ratio Total Assets / Total Liabilities 1.1 1.1
Financial Leverage Ratios
Debt Ratio Total Debt/Total Assets 0.9 0.9
Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 11.3 7.1
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 0.2 1.2
Asset to Equity Ratio Total Assets / Total Stockholders' Equity 12.3 8.1
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 0.17 0.25
Net Profit Margin Net Profit / Sales -0.05 0.01
Return on Assets Net Income / Total Assets -0.04 0.01
Return on Equity Net Income / Total Stockholders' Equity -0.52 0.07
Price/Earnings Ratio Price Per Share / Earnings Per Common Share -1.33 30.14
Other Relevant Information

N/A

Filed on behalf by:
Name Parag Sachdeva
Designation Chief Financial Officer