Aramex PJSC (DFM: ARMX)

Aramex PJSC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	441.11	567.19	758.95	711.8	975.49	739.32
Short-Term Investments	0.3	1.86	2.78	48.04	243.08	252.78
Cash & Short-Term Investments	441.41	569.05	761.73	759.84	1,219	992.1
Cash Growth	-25.97%	-25.29%	0.25%	-37.64%	22.83%	19.47%
Accounts Receivable	1,048	1,090	1,130	1,219	1,094	1,196
Other Receivables	-	93.88	60.79	51.91	81.02	92.28
Receivables	1,048	1,184	1,191	1,271	1,175	1,289
Prepaid Expenses	-	51.72	55.36	53.34	40.38	43.29
Restricted Cash	-	-	-0.31	2.22	26.92	-
Other Current Assets	338.73	131.75	181.6	206.49	377.71	144.71
Total Current Assets	1,828	1,937	2,190	2,293	2,839	2,469
Property, Plant & Equipment	1,693	1,745	1,744	1,836	1,847	1,859
Long-Term Investments	53.51	52.58	42.63	55.09	65.25	59.29
Goodwill	1,771	1,750	1,758	1,003	1,136	1,128
Other Intangible Assets	306.55	309.94	324.36	201.26	216.41	214.24
Long-Term Deferred Tax Assets	32.69	26.11	28.14	8.01	7.79	7.36
Other Long-Term Assets	18.4	7.02	5.91	4.12	4.8	5.54
Total Assets	5,704	5,828	6,093	5,400	6,115	5,743
Accounts Payable	320.75	326.36	324.78	344.12	328.88	266.81
Accrued Expenses	-	496.45	550.26	522.59	595.76	463.42
Short-Term Debt	5.58	2.85	131.35	153.11	68.06	151.2
Current Portion of Long-Term Debt	37.35	48.51	38.87	27.42	542.84	582.51
Current Portion of Leases	178.46	176.68	181.69	180.38	186.55	189.85
Current Income Taxes Payable	33.88	36.68	46.04	62.55	78.17	87
Current Unearned Revenue	-	15.3	23.15	20.47	25.57	28.3
Other Current Liabilities	690.45	198.69	223.73	311.88	511.65	314.02
Total Current Liabilities	1,266	1,302	1,520	1,623	2,337	2,083
Long-Term Debt	929.8	1,067	1,086	137.26	162	157.64
Long-Term Leases	751.69	771.91	757.04	754.93	701.19	673.02
Long-Term Unearned Revenue	11.6	13	15.04	18.31	-	-
Long-Term Deferred Tax Liabilities	42.09	36.2	30.83	42.11	58.36	49.52
Total Liabilities	3,196	3,360	3,574	2,724	3,408	3,110
Common Stock	1,464	1,464	1,464	1,464	1,464	1,464
Retained Earnings	1,982	1,906	1,917	1,941	1,913	1,887
Comprehensive Income & Other	-936.05	-909.02	-871.14	-740.3	-686.68	-733.63
Total Common Equity	2,503	2,461	2,510	2,665	2,691	2,617
Minority Interest	4.91	6.55	8.87	10.82	16.3	15.05
Shareholders' Equity	2,508	2,468	2,518	2,676	2,707	2,633
Total Liabilities & Equity	5,704	5,828	6,093	5,400	6,115	5,743
Total Debt	1,903	2,067	2,195	1,253	1,661	1,754
Net Cash (Debt)	-1,461	-1,498	-1,434	-493.27	-442.07	-762.12
Net Cash Per Share	-1.00	-1.02	-0.98	-0.34	-0.30	-0.52
Filing Date Shares Outstanding	1,463	1,464	1,464	1,464	1,464	1,464
Total Common Shares Outstanding	1,463	1,464	1,464	1,464	1,464	1,464
Working Capital	561.35	635.37	669.71	670.7	501.06	385.74
Book Value Per Share	1.71	1.68	1.71	1.82	1.84	1.79
Tangible Book Value	425.39	401.24	427.48	1,461	1,339	1,275
Tangible Book Value Per Share	0.29	0.27	0.29	1.00	0.91	0.87
Land	-	79.28	76.59	84.16	86.12	87.82
Buildings	-	532.13	516.52	525.76	551.76	587.25
Machinery	-	793.21	785.05	760.64	720.76	683.11
Construction In Progress	-	9.46	14.4	33.65	42.49	23.43
Leasehold Improvements	-	132.31	136.2	139.02	138.55	129.2

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