Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. (ADX: RAKWCT)

RAKWCT 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	265.48	251.31	147.12	127.51	43.14	71.5
Trading Asset Securities	-	-	31.5	41.95	25.16	39.89
Cash & Short-Term Investments	265.48	251.31	178.62	169.46	68.3	111.38
Cash Growth	22.13%	40.69%	5.41%	148.10%	-38.68%	115.40%
Accounts Receivable	49.55	41.65	43.84	41.16	63.43	45.66
Other Receivables	0.37	-	-	-	0.11	1.3
Receivables	49.92	41.65	43.84	41.16	63.54	46.95
Inventory	99.3	79.86	78.47	81.25	100.8	123.44
Prepaid Expenses	3.14	1.3	1.55	1.12	1.73	1.28
Other Current Assets	3.49	8.81	6.3	3.67	7.18	2.07
Total Current Assets	421.33	382.94	308.77	296.66	241.56	285.13
Property, Plant & Equipment	432.74	440.23	466.1	492.41	513.91	539.08
Long-Term Investments	53.75	59.69	107.31	173.97	211.66	165.64
Total Assets	907.82	882.85	882.18	963.05	967.13	989.85
Accounts Payable	23.04	24.1	29.53	29.06	32.76	40.1
Accrued Expenses	24.77	15.66	13.85	16.71	71.73	67.12
Current Portion of Long-Term Debt	-	-	-	22.5	22.25	22.5
Current Portion of Leases	0.21	-	-	-	-	-
Other Current Liabilities	36.01	36.68	46.16	41.23	2.49	1.82
Total Current Liabilities	85.87	76.44	89.54	109.5	129.23	131.53
Long-Term Debt	-	-	-	50.51	73.26	95.51
Long-Term Leases	1.69	-	-	-	-	-
Total Liabilities	98.11	86.61	100.03	169.27	211.35	236.34
Common Stock	500.16	500.16	500.16	500.16	500.16	500.16
Retained Earnings	355.88	336.4	320.91	344.37	324.79	314.76
Comprensive Income & Other	-46.32	-40.32	-38.92	-50.75	-69.17	-61.41
Shareholders' Equity	809.72	796.24	782.16	793.78	755.78	753.51
Total Liabilities & Equity	907.82	882.85	882.18	963.05	967.13	989.85
Total Debt	1.9	-	-	73.01	95.51	118.01
Net Cash (Debt)	263.58	251.31	178.62	96.45	-27.21	-6.63
Net Cash Growth	21.25%	40.69%	85.20%	-	-	-
Net Cash Per Share	0.53	0.50	0.36	0.19	-0.05	-0.01
Filing Date Shares Outstanding	500.16	500.16	500.16	500.16	500.16	500.16
Total Common Shares Outstanding	500.16	500.16	500.16	500.16	500.16	500.16
Working Capital	335.46	306.49	219.23	187.16	112.33	153.59
Book Value Per Share	1.62	1.59	1.56	1.59	1.51	1.51
Tangible Book Value	809.72	796.24	782.16	793.78	755.78	753.51
Tangible Book Value Per Share	1.62	1.59	1.56	1.59	1.51	1.51
Land	-	21.16	21.16	21.16	21.16	21.16
Buildings	-	34.12	33.96	33.72	28.46	28.46
Machinery	-	803.81	794.84	791.61	776.82	772.2
Construction In Progress	-	2.16	4.09	-	4.15	1.43

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