SONASID 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	496.68	723.41	768.14	851.64	979.88
Trading Asset Securities	-	2.45	9.92	24.41	1.63
Cash & Short-Term Investments	496.68	725.87	778.06	876.04	981.5
Cash Growth	-31.57%	-6.71%	-11.19%	-10.75%	13.19%
Accounts Receivable	1,392	1,782	1,339	1,043	650.51
Other Receivables	286.84	156.59	216.8	161.48	125.36
Receivables	1,678	1,939	1,555	1,204	775.87
Inventory	1,451	1,012	975.67	1,012	641.19
Prepaid Expenses	-	-	-	-	1.3
Other Current Assets	3.87	-	-	-	-
Total Current Assets	3,630	3,676	3,309	3,092	2,400
Property, Plant & Equipment	1,573	1,431	1,372	1,273	1,283
Other Intangible Assets	2.02	2.92	4.42	5.67	6.85
Long-Term Deferred Tax Assets	180.9	156.08	158.07	1.27	159.58
Other Long-Term Assets	41.22	39.95	39.96	208	43.45
Total Assets	5,427	5,306	4,883	4,581	3,892
Accounts Payable	2,182	2,409	2,046	1,779	1,060
Accrued Expenses	-	516.7	492	385.2	362.81
Other Current Liabilities	784.19	27.19	27.57	27.7	27.6
Total Current Liabilities	2,966	2,953	2,566	2,192	1,451
Long-Term Leases	94.18	100.02	109.76	109.05	115.71
Pension & Post-Retirement Benefits	102.54	92.57	97.2	121.19	141.68
Long-Term Deferred Tax Liabilities	198.34	205.7	216.16	230.73	211.2
Other Long-Term Liabilities	72.38	75.02	77.66	80.31	82.95
Total Liabilities	3,434	3,426	3,067	2,734	2,002
Common Stock	390	390	390	390	390
Additional Paid-In Capital	1.6	1.6	1.6	1.6	1.6
Retained Earnings	311.91	183.24	109.88	127.13	147.57
Comprehensive Income & Other	1,287	1,302	1,312	1,326	1,349
Total Common Equity	1,990	1,877	1,814	1,845	1,888
Minority Interest	2.9	2.78	2.55	2.28	2.01
Shareholders' Equity	1,993	1,879	1,816	1,847	1,890
Total Liabilities & Equity	5,427	5,306	4,883	4,581	3,892
Total Debt	94.18	100.02	109.76	109.05	115.71
Net Cash (Debt)	402.5	625.85	668.3	767	865.79
Net Cash Growth	-35.69%	-6.35%	-12.87%	-11.41%	16.38%
Net Cash Per Share	103.21	160.47	171.36	196.67	222.00
Filing Date Shares Outstanding	3.9	3.9	3.9	3.9	3.9
Total Common Shares Outstanding	3.9	3.9	3.9	3.9	3.9
Working Capital	663.82	723.19	743.28	900.08	949.16
Book Value Per Share	510.34	481.17	465.11	473.02	484.14
Tangible Book Value	1,988	1,874	1,810	1,839	1,881
Tangible Book Value Per Share	509.82	480.42	463.98	471.56	482.38
Land	-	268.4	268.4	267.9	266.2
Buildings	-	752	752	749	727.69
Machinery	-	4,144	3,963	3,740	3,641
Construction In Progress	-	42	39.3	50	46.51

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