Afriquia Gaz 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	1,039	1,309	693.33	579.08	815.77
Cash & Short-Term Investments	1,039	1,309	693.33	579.08	815.77
Cash Growth	-20.64%	88.84%	19.73%	-29.01%	130.47%
Accounts Receivable	699.64	677.39	706.16	737.55	744.54
Other Receivables	871.11	1,105	1,503	2,572	2,931
Receivables	1,571	1,782	2,209	3,310	3,676
Inventory	890.61	773.16	450.29	806.38	339.03
Total Current Assets	3,500	3,865	3,353	4,695	4,831
Property, Plant & Equipment	4,254	4,145	3,994	3,871	3,732
Long-Term Investments	465.29	446.93	429.8	431.01	411.12
Goodwill	625.29	625.29	625.29	625.29	625.29
Other Intangible Assets	1.3	1.33	2.33	2.97	3.45
Long-Term Deferred Tax Assets	230.75	234.37	284.04	274.3	267
Other Long-Term Assets	179.69	198.52	130.44	7.31	0
Total Assets	9,256	9,516	8,818	10,011	9,869
Accounts Payable	3,287	3,631	3,656	4,518	4,764
Accrued Expenses	99.28	70.64	115.59	92.91	404.91
Short-Term Debt	318.01	352.4	33.33	443.86	9.69
Current Portion of Leases	132.63	122.3	113.87	80.8	101.51
Current Income Taxes Payable	8.54	71.89	1.55	1.05	21.61
Current Unearned Revenue	4.51	5.74	6.4	11.82	5.72
Other Current Liabilities	250.01	266.48	321.04	395.63	52.54
Total Current Liabilities	4,100	4,521	4,248	5,544	5,360
Long-Term Debt	862.34	868.5	867.6	866.7	865.8
Long-Term Leases	468.53	450.55	295.01	189.01	260.2
Long-Term Deferred Tax Liabilities	19.16	18.22	15.58	31.75	33.9
Other Long-Term Liabilities	418.89	419.94	420.17	407.31	401.2
Total Liabilities	5,869	6,278	5,847	7,039	6,921
Common Stock	343.75	343.75	343.75	343.75	343.75
Additional Paid-In Capital	842.67	842.67	842.67	842.67	842.67
Retained Earnings	750.5	747.39	481.47	516.89	503.86
Comprehensive Income & Other	1,450	1,304	1,304	1,268	1,258
Total Common Equity	3,387	3,238	2,972	2,972	2,948
Minority Interest	0	0	0	0	0
Shareholders' Equity	3,387	3,238	2,972	2,972	2,948
Total Liabilities & Equity	9,256	9,516	8,818	10,011	9,869
Total Debt	1,782	1,794	1,310	1,580	1,237
Net Cash (Debt)	-742.47	-484.47	-616.49	-1,001	-421.43
Net Cash Per Share	-215.96	-140.92	-179.32	-291.24	-122.58
Filing Date Shares Outstanding	3.44	3.44	3.44	3.44	3.44
Total Common Shares Outstanding	3.44	3.44	3.44	3.44	3.44
Working Capital	-600.05	-656.31	-895.47	-848.82	-529.1
Book Value Per Share	985.31	941.98	864.56	864.50	856.19
Tangible Book Value	2,760	2,611	2,344	2,343	2,320
Tangible Book Value Per Share	803.03	759.70	681.98	681.73	673.61
Land	161.7	161.7	161.7	161.7	161.7
Buildings	1,062	1,053	1,039	1,018	887.15
Machinery	7,233	6,980	6,777	6,533	5,926
Construction In Progress	158.03	65.53	18.69	14.98	206.2

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.