SMART Tunisie Balance Sheet

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

Millions TND. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2020	FY 2019	FY 2018
Period Ending	Jun '26 Jun 30, 2026	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	2.32	5.47	5.77	25,887	20,576	1,193
Short-Term Investments	0.06	0.43	0.9	-	-	-
Cash & Short-Term Investments	2.37	5.91	6.67	25,887	20,576	1,193
Cash Growth	71.01%	-11.45%	-99.97%	25.81%	1624.73%	-
Accounts Receivable	62.53	87.41	80.68	22,314	43,826	47,001
Other Receivables	10.81	9.89	8.8	974.34	2,445	-
Receivables	73.51	97.52	89.72	23,288	46,271	47,001
Inventory	126.45	79.95	78.78	39,099	41,568	52,124
Prepaid Expenses	1.81	1.52	1.38	375.22	637.32	-
Other Current Assets	13.15	14.5	11.42	302.18	147.57	8,989
Total Current Assets	217.29	199.4	187.97	88,952	109,200	109,307
Property, Plant & Equipment	44.99	48.46	37.19	18,051	8,394	8,892
Long-Term Investments	27.76	-	-	1,260	-	60.19
Goodwill	-	12.26	13.04	-	-	-
Other Intangible Assets	1.75	1.62	1.06	57.59	49.07	55.85
Long-Term Deferred Tax Assets	-	0.04	0.13	-	-	-
Long-Term Deferred Charges	1.03	-0.67	-0.2	-	-	-
Other Long-Term Assets	0.02	2.08	6.26	-	-	-
Total Assets	292.83	263.21	245.45	109,175	117,699	118,315

Fiscal Year	TTM	FY 2025	FY 2024	FY 2020	FY 2019	FY 2018
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	39.79	32.64	31.51	15,903	16,048	28,515
Accrued Expenses	10.08	12.04	5.93	2,447	2,620	-
Short-Term Debt	102.94	78.94	74.04	25,126	45,193	45,130
Current Portion of Long-Term Debt	3.65	4.19	4.6	-	-	-
Current Portion of Leases	-	0.01	0.39	-	-	-
Current Unearned Revenue	-	0.04	0.05	-	-	-
Other Current Liabilities	1.57	4.05	11.59	5,318	1,050	3,272
Total Current Liabilities	158.04	131.92	128.12	48,794	64,910	76,917
Long-Term Debt	9.24	11.36	10.26	5,698	797.34	1,968
Long-Term Leases	-	-	0.01	1,605	879.28	-
Pension & Post-Retirement Benefits	0.38	0.59	0.46	187.97	153.71	-
Other Long-Term Liabilities	1.42	1.42	1.42	500	-	187.84
Total Liabilities	169.08	145.29	140.26	56,785	66,741	79,073

Fiscal Year	TTM	FY 2025	FY 2024	FY 2020	FY 2019	FY 2018
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	50.62	50.62	50.62	30,000	30,000	30,000
Retained Earnings	62.66	22.13	15.03	22,390	20,958	9,242
Comprehensive Income & Other	10.43	44.52	39.27	-	-	-
Total Common Equity	123.75	117.26	104.92	52,390	50,958	39,242
Minority Interest	-	0.65	0.27	-	-	-
Shareholders' Equity	123.75	117.91	105.19	52,390	50,958	39,242
Total Liabilities & Equity	292.83	263.21	245.45	109,175	117,699	118,315

Fiscal Year	TTM	FY 2025	FY 2024	FY 2020	FY 2019	FY 2018
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	115.84	94.51	89.29	32,429	46,869	47,098
Net Cash (Debt)	-113.46	-88.6	-82.62	-6,542	-26,294	-45,905
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.19	-7.96	-7.42	-708.01	-2845.61	-4968.03
Filing Date Shares Outstanding	11.14	11.14	12.73	9.24	9.24	9.24
Total Common Shares Outstanding	11.14	11.14	12.73	9.24	9.24	9.24
Working Capital	59.25	67.48	59.85	40,159	44,289	32,390
Book Value Per Share	11.11	10.53	8.24	5669.88	5514.93	4247.00
Tangible Book Value	122	103.38	90.82	52,332	50,909	39,187
Tangible Book Value Per Share	10.96	9.28	7.14	5663.65	5509.62	4240.95
Land	20.99	21.23	13.28	11,679	2,950	-
Buildings	20.93	24.88	19.06	6,646	6,506	-
Machinery	15.29	22.35	18.68	3,856	2,858	-
Construction In Progress	0.22	0.19	3.9	216.47	-	-