ESG Emirates Stallions Group PJSC (ADX: ESG)

ESG Balance Sheet

Financials in millions AED. 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	429.4	577.94	432.03	253.75	155.3	329.14
Trading Asset Securities	36.38	45.86	38.55	49.57	-	-
Cash & Short-Term Investments	465.78	623.8	470.58	303.33	155.3	329.14
Cash Growth	191.22%	32.56%	55.14%	95.31%	-52.82%	23.57%
Receivables	777.36	433.12	435.76	315.62	152.74	203.35
Inventory	194.92	195.87	3.56	1.06	1.92	1.96
Prepaid Expenses	-	-	-	-	7.33	12.22
Other Current Assets	-	-	-	-	12	12
Total Current Assets	1,438	1,253	909.9	620.01	329.29	558.66
Property, Plant & Equipment	420.61	365.87	87.47	71.62	1.62	1.98
Long-Term Investments	1,246	1,286	108.52	74.51	62.09	49.91
Goodwill	-	33.84	-	-	-	-
Other Intangible Assets	100.5	6.65	0.2	0.04	-	-
Long-Term Accounts Receivable	31.03	31.03	38.37	37.78	-	-
Long-Term Deferred Tax Assets	3.78	0.4	-	-	-	-
Other Long-Term Assets	138.4	83.54	-	0.85	1.3	0.33
Total Assets	3,379	3,061	1,144	804.8	394.29	610.88
Accounts Payable	736.36	564.46	340.57	234.38	12.79	13.54
Accrued Expenses	-	-	-	-	48.81	38.17
Short-Term Debt	-	0.25	-	-	-	-
Current Portion of Long-Term Debt	29.84	32.26	-	-	-	-
Current Portion of Leases	32.4	32.35	1.32	0.66	-	-
Current Unearned Revenue	-	-	-	-	1.67	0.89
Other Current Liabilities	-	-	-	-	21.14	31.44
Total Current Liabilities	810.52	629.32	341.89	235.04	84.41	84.04
Long-Term Debt	34.98	49.34	-	-	-	-
Long-Term Leases	63.12	46.8	4.09	0.64	-	-
Long-Term Deferred Tax Liabilities	3.19	0.59	-	-	-	-
Other Long-Term Liabilities	5.31	5.31	5.85	6.35	-	-
Total Liabilities	980.38	772.56	386.56	267.98	96.56	96.65
Common Stock	250	250	250	250	0.15	0.15
Retained Earnings	1,050	895.94	224.53	76.32	274.75	504.96
Comprensive Income & Other	795.46	857.05	209.32	165.35	21.65	8.44
Total Common Equity	2,096	2,003	683.85	491.67	296.55	513.55
Minority Interest	302.7	284.95	74.06	45.16	1.18	0.68
Shareholders' Equity	2,398	2,288	757.9	536.83	297.74	514.23
Total Liabilities & Equity	3,379	3,061	1,144	804.8	394.29	610.88
Total Debt	160.34	161	5.42	1.3	-	-
Net Cash (Debt)	305.45	462.81	465.17	302.03	155.3	329.14
Net Cash Growth	97.65%	-0.51%	54.02%	94.47%	-52.82%	25.05%
Net Cash Per Share	1.22	1.85	1.86	1.21	0.62	2.19
Filing Date Shares Outstanding	250	250	250	250	150	150
Total Common Shares Outstanding	250	250	250	250	150	150
Working Capital	627.54	623.48	568.01	384.97	244.88	474.62
Book Value Per Share	8.38	8.01	2.74	1.97	1.98	3.42
Tangible Book Value	1,995	1,962	683.65	491.63	296.55	513.55
Tangible Book Value Per Share	7.98	7.85	2.73	1.97	1.98	3.42
Land	-	126.57	0.04	-	-	-
Buildings	-	226.34	81.65	5.5	1.49	1.04
Machinery	-	120.61	67.91	38.69	34.36	35.15
Construction In Progress	-	13.14	3.05	61.37	-	0.42

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