Fenie Brossette Balance Sheet

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	15.53	1.45	2.79	2.53	11.58	5.42
Cash & Short-Term Investments	15.53	1.45	2.79	2.53	11.58	5.42
Cash Growth	24.03%	-48.16%	10.27%	-78.12%	113.58%	-40.61%
Accounts Receivable	342.48	296.91	266.94	208.54	190	186.7
Other Receivables	52.73	46.38	42.89	49.6	47.11	46.58
Receivables	395.21	343.3	309.83	258.14	237.1	233.29
Inventory	214.82	219.12	160.32	209.22	98.16	133.13
Other Current Assets	24.96	22.83	12.86	-	-	-
Total Current Assets	650.52	586.69	485.81	469.89	346.84	371.83
Property, Plant & Equipment	52.22	56.14	57.77	62.21	108.75	121.24
Long-Term Investments	0.67	-	-	0.67	0.67	0.67
Goodwill	0.44	0.44	0.44	0.44	0.44	0.44
Other Intangible Assets	0.59	0.53	0.16	0.19	0.26	0.05
Other Long-Term Assets	0	0.67	0.67	-	-0	-0
Total Assets	704.45	644.47	544.85	533.4	456.96	494.22
Accounts Payable	234.94	244.36	192.88	246.71	182.51	200.99
Accrued Expenses	76.77	90.97	74	73.64	63.36	63.22
Short-Term Debt	114.28	66.63	49.69	35.69	8.52	19.84
Other Current Liabilities	90.27	64.37	58.27	2.23	2.67	2.59
Total Current Liabilities	516.25	466.33	374.83	358.26	257.06	286.64
Long-Term Debt	0.03	2.56	7.63	13.31	23.38	33.45
Long-Term Leases	-	-	-	-	31.83	36.34
Other Long-Term Liabilities	31.52	27.05	30.56	37.22	35.54	32.5
Total Liabilities	547.8	495.94	413.02	408.79	347.81	388.92
Common Stock	143.9	143.9	143.9	143.9	143.9	143.9
Additional Paid-In Capital	66.1	66.1	66.1	66.1	66.1	66.1
Retained Earnings	8.17	16.6	7.22	-85.39	-100.86	-104.69
Comprehensive Income & Other	-61.52	-78.08	-85.39	-	-	-
Shareholders' Equity	156.65	148.53	131.83	124.61	109.14	105.31
Total Liabilities & Equity	704.45	644.47	544.85	533.4	456.96	494.22
Total Debt	114.31	69.19	57.32	49	63.73	89.63
Net Cash (Debt)	-98.78	-67.74	-54.52	-46.47	-52.16	-84.21
Net Cash Per Share	-	-47.08	-37.89	-32.29	-36.25	-58.52
Filing Date Shares Outstanding	-	1.44	1.44	1.44	1.44	1.44
Total Common Shares Outstanding	-	1.44	1.44	1.44	1.44	1.44
Working Capital	134.27	120.37	110.98	111.63	89.77	85.2
Book Value Per Share	-	103.22	91.61	86.60	75.85	73.18
Tangible Book Value	155.62	147.56	131.23	123.98	108.44	104.82
Tangible Book Value Per Share	-	102.54	91.20	86.16	75.36	72.84
Land	17.7	17.7	17.7	17.7	17.7	17.7
Buildings	61.58	61.58	61.58	61.58	110.58	110.79
Machinery	167.88	167.11	161.91	54.03	158.78	160.22
Construction In Progress	-	0.07	0.07	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.