Salafin Balance Sheet

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	0.07	0.07	0.08	0.08	0.07	0.07
Long-Term Investments	0.4	0.4	0.4	0.4	0.4	0.4
Loans & Lease Receivables	2,563	2,581	2,732	2,806	2,802	2,914
Other Receivables	184.01	216.98	225.31	196.56	197.39	221.67
Property, Plant & Equipment	737.78	680.49	695.42	947.82	981.73	1,169
Other Intangible Assets	245.13	246.83	250.98	253.68	253.88	255.16
Other Long-Term Assets	0.86	0.86	0.86	0.86	0.86	0.86
Total Assets	3,731	3,726	3,905	4,206	4,236	4,561
Interest Bearing Deposits	145.66	146.04	450.23	528.43	363.68	543.96
Non-Interest Bearing Deposits	241.87	482.77	156.34	113.59	164.09	362.43
Total Deposits	387.53	628.8	606.57	642.02	527.77	906.39
Accounts Payable	322.63	307.21	281.41	279.55	261.28	281.44
Accrued Expenses	541.8	532.78	598.42	624.86	542.06	444.32
Current Portion of Long-Term Debt	852.82	1,334	-	-	-	-
Long-Term Debt	750	-	1,498	1,744	1,914	1,867
Other Long-Term Liabilities	55.09	56.23	57.99	58.68	58.03	50.98
Total Liabilities	2,910	2,859	3,043	3,349	3,303	3,550
Common Stock	312.41	312.41	312.41	312.41	312.41	312.41
Retained Earnings	46.73	93.15	90.58	85.75	84.73	-16.37
Comprehensive Income & Other	462.3	461.32	459.78	458.38	536.11	714.77
Shareholders' Equity	821.44	866.88	862.77	856.54	933.25	1,011
Total Liabilities & Equity	3,731	3,726	3,905	4,206	4,236	4,561
Total Debt	1,603	1,334	1,498	1,744	1,914	1,867
Net Cash (Debt)	-1,603	-1,334	-1,498	-1,744	-1,914	-1,867
Net Cash Per Share	-524.10	-429.74	-479.65	-549.17	-609.78	-570.33
Filing Date Shares Outstanding	3.12	3.12	3.12	3.12	3.12	3.12
Total Common Shares Outstanding	3.12	3.12	3.12	3.12	3.12	3.12
Working Capital	642.37	-5.47	1,471	1,457	1,668	1,504
Book Value Per Share	262.94	277.48	276.16	274.17	298.72	323.55
Tangible Book Value	576.32	620.05	611.79	602.86	679.37	755.66
Tangible Book Value Per Share	184.47	198.47	195.83	192.97	217.46	241.88

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