Jet Contractors 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	567.09	109.54	113.24	227.24	119.02
Cash & Short-Term Investments	567.09	109.54	113.24	227.24	119.02
Cash Growth	417.69%	-3.27%	-50.17%	90.92%	-28.16%
Accounts Receivable	3,136	2,471	2,359	2,179	2,235
Other Receivables	710.66	459.22	321.79	267.2	218.86
Receivables	3,847	2,930	2,681	2,446	2,454
Inventory	923.36	852.54	725.07	725.64	498.23
Total Current Assets	5,337	3,892	3,519	3,399	3,071
Property, Plant & Equipment	530.77	206.85	157.75	122.91	90.11
Long-Term Investments	10.06	10.02	1.09	0.15	0.15
Goodwill	25.43	34.96	38.24	41.93	50.31
Other Intangible Assets	1.4	2.18	2.85	3.74	3.37
Long-Term Deferred Charges	8.19	0.75	1.56	3.51	5.53
Other Long-Term Assets	93.35	76.19	37.31	44.24	22.49
Total Assets	6,008	4,224	3,759	3,615	3,244
Accounts Payable	1,987	1,511	1,228	1,218	893.76
Accrued Expenses	720.92	558.72	455.62	462.03	456.73
Short-Term Debt	716.97	557.55	578.9	534.38	454.82
Other Current Liabilities	33.77	146.61	137.05	40.05	27.69
Total Current Liabilities	3,459	2,774	2,400	2,255	1,833
Long-Term Debt	1,191	268.55	284.7	358.36	430.55
Long-Term Unearned Revenue	2.28	3.12	4.28	5.75	5.97
Other Long-Term Liabilities	-	-	0.51	-	-
Total Liabilities	4,652	3,045	2,689	2,619	2,270
Common Stock	151.48	151.48	151.48	151.48	151.48
Additional Paid-In Capital	283.76	284.06	284.06	284.06	284.06
Retained Earnings	871.73	715.93	611.2	543.86	520.58
Comprehensive Income & Other	10.45	6.71	7.22	5.6	7.45
Total Common Equity	1,317	1,158	1,054	984.99	963.56
Minority Interest	37.93	20.74	15.6	11.72	11.35
Shareholders' Equity	1,355	1,179	1,070	996.71	974.91
Total Liabilities & Equity	6,008	4,224	3,759	3,615	3,244
Total Debt	1,908	826.11	863.6	892.73	885.37
Net Cash (Debt)	-1,341	-716.57	-750.36	-665.5	-766.35
Net Cash Per Share	-442.74	-236.53	-247.68	-	-252.96
Filing Date Shares Outstanding	3.03	3.03	3.03	-	3.03
Total Common Shares Outstanding	3.03	3.03	3.03	-	3.03
Working Capital	1,879	1,118	1,119	1,144	1,238
Book Value Per Share	434.86	382.30	347.90	-	318.06
Tangible Book Value	1,291	1,121	1,013	939.32	909.88
Tangible Book Value Per Share	426.00	370.04	334.33	-	300.34
Land	6.12	6.04	5.4	7.08	4.46
Buildings	75.12	70.86	38.7	38.75	37.96
Machinery	495.49	239.68	182.39	154.43	124.11
Construction In Progress	86.63	17.75	33.61	11.3	2.48
Order Backlog	11,100	-	-	6,253	3,621

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