Fenie Brossette 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
Cash & Equivalents	1.77	1.45	2.79	2.53	11.58
Cash & Short-Term Investments	1.77	1.45	2.79	2.53	11.58
Cash Growth	22.31%	-48.16%	10.27%	-78.12%	113.58%
Accounts Receivable	296.73	296.91	266.94	208.54	190
Other Receivables	47.86	46.38	42.89	49.6	47.11
Receivables	344.58	343.3	309.83	258.14	237.1
Inventory	259.54	219.12	160.32	209.22	98.16
Other Current Assets	26.31	22.83	12.86	-	-
Total Current Assets	632.21	586.69	485.81	469.89	346.84
Property, Plant & Equipment	56.94	56.14	57.77	62.21	108.75
Long-Term Investments	0.67	-	-	0.67	0.67
Goodwill	-	0.44	0.44	0.44	0.44
Other Intangible Assets	0.86	0.53	0.16	0.19	0.26
Other Long-Term Assets	-	0.67	0.67	-	-0
Total Assets	690.68	644.47	544.85	533.4	456.96
Accounts Payable	280.04	244.36	192.88	246.71	182.51
Accrued Expenses	96.42	90.97	74	73.64	63.36
Short-Term Debt	61.1	66.63	49.69	35.69	8.52
Other Current Liabilities	58.13	64.37	58.27	2.23	2.67
Total Current Liabilities	495.69	466.33	374.83	358.26	257.06
Long-Term Debt	0.03	2.56	7.63	13.31	23.38
Long-Term Leases	-	-	-	-	31.83
Other Long-Term Liabilities	31.62	27.05	30.56	37.22	35.54
Total Liabilities	527.34	495.94	413.02	408.79	347.81
Common Stock	143.9	143.9	143.9	143.9	143.9
Additional Paid-In Capital	66.1	66.1	66.1	66.1	66.1
Retained Earnings	14.86	16.6	7.22	-85.39	-100.86
Comprehensive Income & Other	-61.52	-78.08	-85.39	-	-
Shareholders' Equity	163.34	148.53	131.83	124.61	109.14
Total Liabilities & Equity	690.68	644.47	544.85	533.4	456.96
Total Debt	61.13	69.19	57.32	49	63.73
Net Cash (Debt)	-59.36	-67.74	-54.52	-46.47	-52.16
Net Cash Per Share	-	-47.08	-37.89	-32.29	-36.25
Filing Date Shares Outstanding	-	1.44	1.44	1.44	1.44
Total Common Shares Outstanding	-	1.44	1.44	1.44	1.44
Working Capital	136.52	120.37	110.98	111.63	89.77
Book Value Per Share	-	103.22	91.61	86.60	75.85
Tangible Book Value	162.48	147.56	131.23	123.98	108.44
Tangible Book Value Per Share	-	102.54	91.20	86.16	75.36
Land	-	17.7	17.7	17.7	17.7
Buildings	-	61.58	61.58	61.58	110.58
Machinery	-	167.11	161.91	54.03	158.78
Construction In Progress	-	0.07	0.07	-	-

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