Akdital S.A Balance Sheet

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

Millions MAD. 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
Short-Term Investments	601.78	322.53	0.01	-	-
Cash & Short-Term Investments	601.78	322.53	0.01	-	-
Cash Growth	86.58%	4495083.75%	-	-	-
Accounts Receivable	1,525	975.69	699.14	384.59	240.48
Other Receivables	283.08	79.33	89.96	205.03	62.98
Receivables	1,808	1,055	789.1	589.63	303.46
Inventory	233.29	176.56	98.82	57.09	21.92
Other Current Assets	230.42	109.84	70.27	39.67	81.47
Total Current Assets	2,874	1,664	958.19	686.39	406.85
Property, Plant & Equipment	5,336	3,672	2,387	1,609	1,255
Long-Term Investments	53.87	133.71	152.88	138.52	5.32
Goodwill	209.96	60.72	41.96	22.47	27.56
Other Intangible Assets	316.04	191.09	112.91	13.57	3.21
Long-Term Deferred Tax Assets	19.37	3.19	1.44	2.3	1.43
Long-Term Deferred Charges	173.09	67.81	38.8	31.45	29.8
Other Long-Term Assets	504.35	575.81	206.45	530.26	63.37
Total Assets	9,486	6,368	3,900	3,034	1,792
Accounts Payable	623.88	528.32	527.92	446.88	307.46
Accrued Expenses	286.16	283.53	196.98	111.46	87.63
Short-Term Debt	749.51	242.66	118.55	281.48	208.38
Current Unearned Revenue	-	-	-	-	1.69
Other Current Liabilities	1,167	1,241	551.91	471.38	164.68
Total Current Liabilities	2,827	2,295	1,395	1,311	769.83
Long-Term Debt	3,431	1,161	875.48	302.72	441.12
Long-Term Leases	296.27	267.95	191.72	130.86	113.48
Long-Term Deferred Tax Liabilities	6.24	4.94	10.85	10.55	29.59
Other Long-Term Liabilities	0.59	0.63	0.67	0.71	0.75
Total Liabilities	6,561	3,729	2,474	1,756	1,355
Common Stock	2,854	2,584	1,387	1,254	422.37
Total Common Equity	2,854	2,584	1,387	1,254	422.37
Minority Interest	72.03	54.95	38.36	23.71	15.01
Shareholders' Equity	2,926	2,639	1,426	1,278	437.39
Total Liabilities & Equity	9,486	6,368	3,900	3,034	1,792
Total Debt	4,477	1,671	1,186	715.06	762.98
Net Cash (Debt)	-3,875	-1,349	-1,186	-715.06	-762.98
Working Capital	46.93	-631.14	-437.17	-624.82	-362.98
Tangible Book Value	2,328	2,332	1,232	1,218	391.6
Land	-	-	-	-	218.79
Buildings	-	-	-	-	499.89
Machinery	-	-	-	-	656.47
Construction In Progress	-	-	-	-	125.03

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