Med Paper 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	0.76	0.24	0.44	0.79	0.19
Cash & Short-Term Investments	0.76	0.24	0.44	0.79	0.19
Cash Growth	219.59%	-45.52%	-44.73%	311.05%	-50.97%
Accounts Receivable	119.19	105.89	88.09	64.57	77.57
Other Receivables	14.78	11.16	12.83	13.44	18.49
Receivables	133.97	117.05	100.92	78	96.06
Inventory	50.68	56.2	45.33	36.79	37.17
Other Current Assets	-	0.03	0.14	-	0
Total Current Assets	185.41	173.51	146.83	115.58	133.42
Property, Plant & Equipment	100.2	104.3	106.41	103.54	107.74
Long-Term Investments	0.1	0.1	0.1	0.1	0.1
Goodwill	65.99	65.99	65.99	65.99	65.99
Other Intangible Assets	-	-	-	-	0
Long-Term Deferred Charges	0.09	0.13	0.52	0.78	1.21
Other Long-Term Assets	1.54	1.54	1.54	1.54	1.54
Total Assets	353.33	345.57	321.39	287.53	310
Accounts Payable	46.37	46.76	48.76	43.08	74.14
Accrued Expenses	66.21	58.32	52.19	52.17	61.66
Short-Term Debt	68.42	85.79	62.96	45.37	101.68
Other Current Liabilities	11.94	5.57	7.67	55.13	22.53
Total Current Liabilities	192.95	196.44	171.58	195.74	260.01
Long-Term Debt	125.94	122.51	128.92	128.92	96.49
Other Long-Term Liabilities	-	0.16	0.19	0.23	0.34
Total Liabilities	318.89	319.12	300.69	324.89	356.84
Common Stock	47.84	47.84	47.84	258.26	258.26
Additional Paid-In Capital	-	-	-	150.16	150.16
Retained Earnings	-13.41	-21.39	-27.14	-477.57	-487.06
Comprehensive Income & Other	-	-	-	31.8	31.8
Shareholders' Equity	34.43	26.45	20.7	-37.36	-46.85
Total Liabilities & Equity	353.33	345.57	321.39	287.53	310
Total Debt	194.37	208.3	191.87	174.29	198.17
Net Cash (Debt)	-193.6	-208.07	-191.43	-173.49	-197.97
Net Cash Per Share	-40.97	-43.42	-40.02	-67.18	-76.66
Filing Date Shares Outstanding	4.78	4.78	4.78	2.58	2.58
Total Common Shares Outstanding	4.78	4.78	4.78	2.58	2.58
Working Capital	-7.54	-22.93	-24.75	-80.16	-126.59
Book Value Per Share	7.20	5.53	4.33	-14.47	-18.14
Tangible Book Value	-31.55	-39.54	-45.29	-103.35	-112.83
Tangible Book Value Per Share	-6.60	-8.27	-9.47	-40.02	-43.69
Land	66.64	66.64	66.64	66.64	66.64
Buildings	28.9	28.9	28.9	28.9	28.9
Machinery	515.45	514.05	510.75	503.05	472.92
Construction In Progress	-	-	-	-	30.13

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