Arab Tunisian Lease Balance Sheet

Financials in millions TND. Fiscal year is January - December.

Millions TND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10.64	11.97	7.64	14.82	6.82
Short-Term Investments	15	33.76	76.22	43.82	98.21
Cash & Short-Term Investments	25.64	45.73	83.86	58.64	105.03
Cash Growth	-43.95%	-45.46%	43.01%	-44.17%	111.61%
Accounts Receivable	670.54	616.75	555.1	530.05	514.76
Other Receivables	1.32	1.3	0.38	0.45	0.08
Receivables	672.24	618.37	555.81	530.78	515.06
Prepaid Expenses	0.3	0.26	0.2	0.13	0.07
Other Current Assets	1.21	1.38	5.13	5.44	9.23
Total Current Assets	699.38	665.74	645.01	594.98	629.39
Property, Plant & Equipment	27.32	20.85	14.81	13.96	7.6
Long-Term Investments	26.52	31.65	23.92	20.37	21.25
Other Intangible Assets	0.29	0.25	0.09	0.14	0.18
Long-Term Deferred Charges	1.95	1.73	1.79	1.5	1.81
Other Long-Term Assets	0	-	-	-	0
Total Assets	756.7	721.61	686.89	632.05	661.06
Accounts Payable	96.33	84.76	75.07	89.45	66.15
Accrued Expenses	11.35	8.94	7.92	5.91	5.89
Short-Term Debt	0.08	0.01	0.01	0.01	0.15
Current Income Taxes Payable	3.96	7.21	4.59	4.46	0.73
Other Current Liabilities	0.07	0.01	0.45	0.11	0.03
Total Current Liabilities	111.8	100.93	88.04	99.94	72.95
Long-Term Debt	479.08	471.15	462.92	402.71	449.74
Long-Term Leases	-	-	-	2.48	21.76
Long-Term Unearned Revenue	3.61	3.48	3.05	4.44	3.59
Other Long-Term Liabilities	3.51	2.42	1.63	2.42	2.74
Total Liabilities	598	577.99	555.63	511.99	550.78
Common Stock	32.5	32.5	32.5	32.5	32.5
Additional Paid-In Capital	25.25	25.25	25.25	25.25	25.25
Retained Earnings	61.42	49.55	42.76	34.95	23.42
Comprehensive Income & Other	39.52	36.31	30.75	27.35	29.11
Total Common Equity	158.69	143.61	131.25	120.05	110.28
Minority Interest	0.01	0.01	0	0	0
Shareholders' Equity	158.7	143.62	131.26	120.05	110.28
Total Liabilities & Equity	756.7	721.61	686.89	632.05	661.06
Total Debt	479.16	471.16	462.93	405.2	471.66
Net Cash (Debt)	-453.53	-425.43	-379.07	-346.56	-366.63
Net Cash Per Share	-13.95	-13.09	-11.66	-10.66	-11.28
Filing Date Shares Outstanding	32.5	32.5	32.5	32.5	32.5
Total Common Shares Outstanding	32.5	32.5	32.5	32.5	32.5
Working Capital	587.58	564.81	556.97	495.05	556.44
Book Value Per Share	4.88	4.42	4.04	3.69	3.39
Tangible Book Value	158.4	143.36	131.16	119.91	110.1
Tangible Book Value Per Share	4.87	4.41	4.04	3.69	3.39
Land	0.01	0.01	0.01	0.01	0.01
Buildings	4.32	4.32	4.32	4.32	4.32
Machinery	31.33	23.61	15.95	15.84	6.68
Construction In Progress	0	0	0	0	0

Source: S&P Global Market Intelligence. Standard template. Financial Sources.