Aramex PJSC (DFM:ARMX)

Aramex PJSC Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	506.59	567.19	758.95	711.8	975.49
Short-Term Investments	0.3	1.86	2.78	48.04	243.08
Cash & Short-Term Investments	506.89	569.05	761.73	759.84	1,219
Cash Growth	-10.92%	-25.29%	0.25%	-37.64%	22.83%
Accounts Receivable	1,105	1,090	1,130	1,219	1,094
Other Receivables	-	-	60.79	51.91	81.02
Receivables	1,105	1,090	1,191	1,271	1,175
Prepaid Expenses	53.34	51.72	55.36	53.34	40.38
Restricted Cash	-	-	-0.31	2.22	26.92
Other Current Assets	242.94	225.64	181.6	206.49	377.71
Total Current Assets	1,908	1,937	2,190	2,293	2,839
Property, Plant & Equipment	1,692	1,745	1,744	1,836	1,847
Long-Term Investments	49.39	52.58	42.63	55.09	65.25
Goodwill	1,730	1,750	1,758	1,003	1,136
Other Intangible Assets	299.31	309.94	324.36	201.26	216.41
Long-Term Deferred Tax Assets	33.35	26.11	28.14	8.01	7.79
Other Long-Term Assets	13.43	7.02	5.91	4.12	4.8
Total Assets	5,726	5,828	6,093	5,400	6,115
Accounts Payable	331.06	326.36	324.78	344.12	328.88
Accrued Expenses	522.29	496.45	550.26	522.59	595.76
Short-Term Debt	4.02	2.85	131.35	153.11	68.06
Current Portion of Long-Term Debt	21.26	48.51	38.87	27.42	542.84
Current Portion of Leases	179.81	176.68	181.69	180.38	186.55
Current Income Taxes Payable	35.18	36.68	46.04	62.55	78.17
Current Unearned Revenue	15.47	15.3	23.15	20.47	25.57
Other Current Liabilities	182.89	198.69	223.73	311.88	511.65
Total Current Liabilities	1,292	1,302	1,520	1,623	2,337
Long-Term Debt	911.92	1,067	1,086	137.26	162
Long-Term Leases	756.74	771.91	757.04	754.93	701.19
Long-Term Unearned Revenue	-	-	15.04	18.31	-
Long-Term Deferred Tax Liabilities	34.75	36.2	30.83	42.11	58.36
Other Long-Term Liabilities	9.81	13	-	-	-
Total Liabilities	3,202	3,360	3,574	2,724	3,408
Common Stock	1,464	1,464	1,464	1,464	1,464
Retained Earnings	2,037	1,906	1,917	1,941	1,913
Treasury Stock	-6.84	-	-	-	-
Comprehensive Income & Other	-977.34	-909.02	-871.14	-740.3	-686.68
Total Common Equity	2,517	2,461	2,510	2,665	2,691
Minority Interest	7.04	6.55	8.87	10.82	16.3
Shareholders' Equity	2,524	2,468	2,518	2,676	2,707
Total Liabilities & Equity	5,726	5,828	6,093	5,400	6,115
Total Debt	1,874	2,067	2,195	1,253	1,661
Net Cash (Debt)	-1,367	-1,498	-1,434	-493.27	-442.07
Net Cash Per Share	-0.93	-1.02	-0.98	-0.34	-0.30
Filing Date Shares Outstanding	1,461	1,464	1,464	1,464	1,464
Total Common Shares Outstanding	1,461	1,464	1,464	1,464	1,464
Working Capital	616.04	635.37	669.71	670.7	501.06
Book Value Per Share	1.72	1.68	1.71	1.82	1.84
Tangible Book Value	486.74	401.24	427.48	1,461	1,339
Tangible Book Value Per Share	0.33	0.27	0.29	1.00	0.91
Land	74.45	79.28	76.59	84.16	86.12
Buildings	523.43	532.13	516.52	525.76	551.76
Machinery	783.95	793.21	785.05	760.64	720.76
Construction In Progress	42.73	9.46	14.4	33.65	42.49
Leasehold Improvements	138.8	132.31	136.2	139.02	138.55

Source: S&P Capital IQ. Standard template. Financial Sources.