M2M Group Balance Sheet

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	29.53	25.03	38.62	133.87	143.11
Short-Term Investments	128.03	91.5	91	-	-
Cash & Short-Term Investments	157.56	116.53	129.62	133.87	143.11
Cash Growth	35.21%	-10.10%	-3.17%	-6.46%	7.65%
Accounts Receivable	85.39	90.4	86.2	103.43	111.47
Other Receivables	56.54	48.51	53.82	44.01	39.59
Receivables	141.93	138.91	140.02	147.44	151.07
Inventory	1.15	1.52	1.63	11.86	11.86
Total Current Assets	300.64	256.96	271.27	293.18	306.04
Property, Plant & Equipment	3.4	4.27	5.09	4.3	5.06
Other Intangible Assets	5.53	8.8	7.29	9.82	13.38
Other Long-Term Assets	2.05	0.71	0.67	0.66	0.77
Total Assets	311.63	270.73	284.31	307.96	325.25
Accounts Payable	22.46	29.96	34.83	24.95	24.93
Accrued Expenses	37.9	-	-	-	-
Other Current Liabilities	6.43	-	-	-	-
Total Current Liabilities	66.79	29.96	34.83	24.95	24.93
Long-Term Debt	1.06	0.57	0.58	0.91	1.96
Other Long-Term Liabilities	31.78	58.69	76.92	65.14	62.27
Total Liabilities	99.63	89.23	112.33	91	89.16
Common Stock	64.78	64.78	64.78	64.78	64.78
Additional Paid-In Capital	10.28	10.28	10.28	10.28	10.28
Retained Earnings	14.65	-14.78	-33.61	-19.87	-10.45
Comprehensive Income & Other	55.12	67.13	86.41	107.85	121.25
Total Common Equity	144.83	127.41	127.86	163.05	185.86
Minority Interest	67.17	54.09	44.13	53.91	50.23
Shareholders' Equity	212	181.5	171.98	216.95	236.09
Total Liabilities & Equity	311.63	270.73	284.31	307.96	325.25
Total Debt	1.06	0.57	0.58	0.91	1.96
Net Cash (Debt)	156.5	115.95	129.04	132.96	141.16
Net Cash Growth	34.97%	-10.14%	-2.95%	-5.80%	7.51%
Net Cash Per Share	241.62	178.99	199.21	205.27	217.88
Filing Date Shares Outstanding	0.65	0.65	0.65	0.65	0.65
Total Common Shares Outstanding	0.65	0.65	0.65	0.65	0.65
Working Capital	233.85	226.99	236.44	268.23	281.1
Book Value Per Share	223.58	196.69	197.38	251.70	286.92
Tangible Book Value	139.3	118.61	120.56	153.22	172.48
Tangible Book Value Per Share	215.05	183.11	186.12	236.53	266.27

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.