Stokvis Nord Afrique 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	10.18	227.77	25.69	27.23	18.19	6.87
Short-Term Investments	2.22	8.68	6.85	8.41	8.59	6.22
Cash & Short-Term Investments	12.4	236.45	32.55	35.64	26.78	13.09
Cash Growth	-53.94%	626.45%	-8.67%	33.08%	104.63%	-42.55%
Accounts Receivable	139.34	79.92	127.21	162.39	265.25	258.81
Other Receivables	130.44	153.33	137.56	155.92	141.29	140.05
Receivables	269.78	233.24	264.77	318.31	406.55	398.85
Inventory	52.9	49.22	90.08	138.54	161.35	180.83
Total Current Assets	335.08	518.91	387.39	492.49	594.67	592.77
Property, Plant & Equipment	29.15	32.31	33.06	41.13	46.1	44.47
Long-Term Investments	0.52	-	-	-	0.52	0.52
Goodwill	13.73	-	-	-	22.85	22.85
Other Intangible Assets	0.1	13.8	22.93	22.87	0.05	0.08
Long-Term Deferred Tax Assets	42.23	42.02	39.04	40.3	92.04	91.99
Long-Term Deferred Charges	-	-	-	-	7.69	10.27
Other Long-Term Assets	28.54	19.51	6.35	11.85	2.97	2
Total Assets	449.36	626.54	488.77	608.63	766.89	764.96
Accounts Payable	34.32	47.18	45.23	137.61	174.36	129.02
Accrued Expenses	-	-	-	-	86.92	89.09
Short-Term Debt	186.75	307.76	413.66	362.9	351.33	379.46
Other Current Liabilities	240.76	278.41	225.09	182.95	38.27	9.66
Total Current Liabilities	461.82	633.34	683.99	683.45	650.89	607.23
Long-Term Debt	83.15	97.41	117.38	139.85	127.88	139.2
Long-Term Leases	12.44	-	-	-	23.2	27.52
Other Long-Term Liabilities	4.97	8.52	9.11	4.57	0.56	5.18
Total Liabilities	562.38	739.27	810.48	827.87	802.52	779.14
Common Stock	-113.55	-113.25	-322.25	-219.82	-36.25	91.95
Additional Paid-In Capital	-	-	-	-	-	90.11
Retained Earnings	-	-	-	-	-	-25.76
Comprehensive Income & Other	-	-	-	-	-	-171.13
Total Common Equity	-113.55	-113.25	-322.25	-219.82	-36.25	-14.82
Minority Interest	0.52	0.52	0.54	0.58	0.62	0.64
Shareholders' Equity	-113.02	-112.73	-321.71	-219.24	-35.63	-14.18
Total Liabilities & Equity	449.36	626.54	488.77	608.63	766.89	764.96
Total Debt	282.34	405.17	531.04	502.75	502.41	546.18
Net Cash (Debt)	-269.94	-168.72	-498.49	-467.11	-475.63	-533.09
Net Cash Per Share	-15.26	-9.53	-54.21	-50.80	-51.73	-
Filing Date Shares Outstanding	17.7	17.7	9.2	9.2	9.2	-
Total Common Shares Outstanding	17.7	17.7	9.2	9.2	9.2	-
Working Capital	-126.74	-114.43	-296.6	-190.97	-56.22	-14.46
Book Value Per Share	-6.42	-6.40	-35.05	-23.91	-3.94	-
Tangible Book Value	-127.38	-127.05	-345.18	-242.69	-59.15	-37.75
Tangible Book Value Per Share	-7.20	-7.18	-37.54	-26.39	-6.43	-
Land	16.23	-	-	-	16.89	16.89
Buildings	27.99	-	-	-	31.1	30.59
Machinery	33.47	-	-	-	74.17	75
Construction In Progress	2.74	-	-	-	8.54	3.41

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