R.A.K. Ceramics P.J.S.C. (ADX: RAKCEC)

R.A.K. Ceramics P.J.S.C. 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	181.16	239.25	321.29	362.98	469.79	243.58
Short-Term Investments	28.24	64.83	147.27	229.98	173.16	167.12
Trading Asset Securities	3.93	7.46	10.92	1.47	-	3.96
Cash & Short-Term Investments	213.33	311.54	479.49	594.43	642.95	414.66
Cash Growth	-23.20%	-35.03%	-19.34%	-7.55%	55.06%	17.24%
Accounts Receivable	877.71	906.11	906.46	773.11	832.92	878.42
Other Receivables	86.74	84.16	95.94	109.95	87.91	130.09
Receivables	964.45	990.27	1,002	883.06	920.83	1,009
Inventory	1,372	1,302	1,309	1,086	1,076	1,213
Other Current Assets	243.46	231.99	214.5	251.16	213.48	180.54
Total Current Assets	2,794	2,836	3,006	2,815	2,853	2,817
Property, Plant & Equipment	1,429	1,442	1,339	1,158	1,230	1,237
Long-Term Investments	12.56	15.61	20.25	57.82	55.39	40.04
Goodwill	120.33	120.14	119.86	120.5	120.56	120.38
Other Intangible Assets	12.46	14.93	18.55	20.53	27.4	25.83
Long-Term Accounts Receivable	19.81	21.56	3.56	2.51	2.77	3.06
Long-Term Deferred Tax Assets	6.13	6.04	6.4	3.72	4.07	3.97
Other Long-Term Assets	903.87	900.74	904.19	918.83	954.51	1,239
Total Assets	5,297	5,357	5,418	5,097	5,247	5,487
Accounts Payable	383.5	393.18	457.3	339.14	319.15	353.99
Accrued Expenses	342.32	316.86	323.69	276.02	240.49	252.31
Short-Term Debt	561.02	442.44	417.19	434.27	695.26	404.54
Current Portion of Long-Term Debt	275.96	340.43	358.24	326.14	394.88	383.9
Current Portion of Leases	34.32	32.85	27.63	25.73	22.74	23.08
Current Income Taxes Payable	175.08	171.33	174.37	186.8	175.95	170.68
Other Current Liabilities	135.73	155.19	162.69	124.39	116.49	89.16
Total Current Liabilities	1,908	1,852	1,921	1,712	1,965	1,678
Long-Term Debt	811.56	781.92	787.24	565.35	784.91	983.57
Long-Term Leases	178.59	203.55	250.09	267.92	58.91	68.69
Long-Term Deferred Tax Liabilities	21.16	29.97	25.4	10.13	10.7	8.41
Other Long-Term Liabilities	-	2.16	3.26	-	-	-
Total Liabilities	3,037	2,988	3,120	2,639	2,898	2,822
Common Stock	993.7	993.7	993.7	993.7	993.7	946.38
Additional Paid-In Capital	221.67	221.67	221.67	221.67	221.67	221.67
Retained Earnings	1,238	1,292	1,203	1,249	1,178	1,502
Comprehensive Income & Other	-285.26	-272.63	-253.55	-232.86	-250.7	-243.54
Total Common Equity	2,168	2,234	2,165	2,232	2,143	2,426
Minority Interest	92.03	134.5	133.44	226.54	206.9	238.26
Shareholders' Equity	2,260	2,369	2,298	2,458	2,350	2,665
Total Liabilities & Equity	5,297	5,357	5,418	5,097	5,247	5,487
Total Debt	1,861	1,801	1,840	1,619	1,957	1,864
Net Cash (Debt)	-1,648	-1,490	-1,361	-1,025	-1,314	-1,449
Net Cash Per Share	-1.66	-1.50	-1.37	-1.03	-1.32	-1.46
Filing Date Shares Outstanding	993.7	993.7	993.7	993.7	993.7	993.7
Total Common Shares Outstanding	993.7	993.7	993.7	993.7	993.7	993.7
Working Capital	885.65	983.42	1,085	1,102	888.21	1,140
Book Value Per Share	2.18	2.25	2.18	2.25	2.16	2.44
Tangible Book Value	2,035	2,099	2,026	2,091	1,995	2,280
Tangible Book Value Per Share	2.05	2.11	2.04	2.10	2.01	2.29
Land	-	829.95	813.67	636.62	689.56	619.41
Machinery	-	3,033	3,063	2,847	2,964	2,871
Construction In Progress	-	171.18	92.8	49.74	67.18	46.49

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