Matson Results Presentation Deck
14
Financial Results - Summary Balance Sheet
($ in millions)
ASSETS
Cash and cash equivalents
Other current assets
Total current assets
Investment in SSAT
Property and equipment, net
Intangible assets, net
Capital Construction Fund (CCF)
Goodwill
Other long-term assets
Total assets
LIABILITIES AND SHAREHOLDERS' EQUITY
Current portion of debt
Other current liabilities
Total current liabilities
Long-term debt, net of deferred loan fees
Other long-term liabilities
Total long-term liabilities
Total shareholders' equity
Total liabilities and shareholders' equity
September 30, December 31,
2021
2022
Third Quarter 2022 Earnings Conference Call
$242.8
631.7
874.5
87.2
1,907.4
178.0
565.0
327.8
519.1
$ 4,459.0
$ 57.3
542.6
599.9
461.3
1,099.2
1,560.5
2,298.6
$ 4,459.0
$282.4
422.1
704.5
58.7
1,878.3
181.1
327.8
542.7
$ 3,693.1
$65.0
547.4
612.4
549.7
863.6
1,413.3
1,667.4
$ 3,693.1
See the Addendum for a reconciliation of GAAP to non-GAAP Financial Metrics.
(1) Total Debt is presented before any reduction for deferred loan fees as required by GAAP.
●
Share Repurchase
• 3Q22: 1.1 million shares
repurchased for total cost of $88.4
million
On August 23rd, announced additional
3 million shares to existing program
●
As of September 30th, ~3.0 million
shares remaining in share repurchase
program
Debt Levels
Total Debt of $538.1 million (1)
●
• Prepaid $50.4 million for all outstanding
principal on Prudential Series C-2 and
C-3 notes
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