SMART Tunisie 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 2020	FY 2019	FY 2018
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Equivalents	5.47	5.77	25,887	20,576	1,193
Short-Term Investments	0.43	0.9	-	-	-
Cash & Short-Term Investments	5.91	6.67	25,887	20,576	1,193
Cash Growth	-11.45%	-99.97%	25.81%	1624.73%	-
Accounts Receivable	87.41	80.68	22,314	43,826	47,001
Other Receivables	9.89	8.8	974.34	2,445	-
Receivables	97.52	89.72	23,288	46,271	47,001
Inventory	79.95	78.78	39,099	41,568	52,124
Prepaid Expenses	1.52	1.38	375.22	637.32	-
Other Current Assets	14.5	11.42	302.18	147.57	8,989
Total Current Assets	199.4	187.97	88,952	109,200	109,307
Property, Plant & Equipment	48.46	37.19	18,051	8,394	8,892
Long-Term Investments	-	-	1,260	-	60.19
Goodwill	12.26	13.04	-	-	-
Other Intangible Assets	1.62	1.06	57.59	49.07	55.85
Long-Term Deferred Tax Assets	0.04	0.13	-	-	-
Long-Term Deferred Charges	-0.67	-0.2	-	-	-
Other Long-Term Assets	2.08	6.26	-	-	-
Total Assets	263.21	245.45	109,175	117,699	118,315
Accounts Payable	32.64	31.51	15,903	16,048	28,515
Accrued Expenses	12.04	5.93	2,447	2,620	-
Short-Term Debt	78.94	74.04	25,126	45,193	45,130
Current Portion of Long-Term Debt	4.19	4.6	-	-	-
Current Portion of Leases	0.01	0.39	-	-	-
Current Unearned Revenue	0.04	0.05	-	-	-
Other Current Liabilities	4.05	11.59	5,318	1,050	3,272
Total Current Liabilities	131.92	128.12	48,794	64,910	76,917
Long-Term Debt	11.36	10.26	5,698	797.34	1,968
Long-Term Leases	-	0.01	1,605	879.28	-
Pension & Post-Retirement Benefits	0.59	0.46	187.97	153.71	-
Other Long-Term Liabilities	1.42	1.42	500	-	187.84
Total Liabilities	145.29	140.26	56,785	66,741	79,073
Common Stock	50.62	50.62	30,000	30,000	30,000
Retained Earnings	22.13	15.03	22,390	20,958	9,242
Comprehensive Income & Other	44.52	39.27	-	-	-
Total Common Equity	117.26	104.92	52,390	50,958	39,242
Minority Interest	0.65	0.27	-	-	-
Shareholders' Equity	117.91	105.19	52,390	50,958	39,242
Total Liabilities & Equity	263.21	245.45	109,175	117,699	118,315
Total Debt	94.51	89.29	32,429	46,869	47,098
Net Cash (Debt)	-88.6	-82.62	-6,542	-26,294	-45,905
Net Cash Per Share	-8.75	-8.16	-778.81	-3130.17	-5464.84
Filing Date Shares Outstanding	10.12	11.57	8.4	8.4	8.4
Total Common Shares Outstanding	10.12	11.57	8.4	8.4	8.4
Working Capital	67.48	59.85	40,159	44,289	32,390
Book Value Per Share	11.58	9.07	6236.87	6066.42	4671.70
Tangible Book Value	103.38	90.82	52,332	50,909	39,187
Tangible Book Value Per Share	10.21	7.85	6230.01	6060.58	4665.05
Land	21.23	13.28	11,679	2,950	-
Buildings	24.88	19.06	6,646	6,506	-
Machinery	22.35	18.68	3,856	2,858	-
Construction In Progress	0.19	3.9	216.47	-	-

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