Spinneys 1961 Holding Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	60.17	354.06	39.67	17.97
Short-Term Investments	476	-	-	150
Cash & Short-Term Investments	536.17	354.06	39.67	167.97
Cash Growth	51.43%	792.49%	-76.38%	-
Accounts Receivable	33.32	36.12	19.68	28.61
Other Receivables	8.99	6.42	414.3	348.87
Receivables	42.31	42.54	433.98	377.47
Inventory	157.11	133.16	123.08	119.33
Prepaid Expenses	11.71	14.59	13.62	14.87
Other Current Assets	4.84	8.85	3.54	3.65
Total Current Assets	752.13	553.19	613.89	683.29
Property, Plant & Equipment	1,350	1,217	826.59	873.61
Goodwill	-	-	7.36	10.4
Other Intangible Assets	34	34	-	-
Long-Term Deferred Tax Assets	1.1	1.25	1.29	1.28
Other Long-Term Assets	56.05	50.15	33.55	32.43
Total Assets	2,193	1,856	1,483	1,601
Accounts Payable	424.95	482.31	355.56	439.61
Accrued Expenses	276.35	246.12	213.77	205.99
Current Portion of Long-Term Debt	0.75	0.76	0.72	0.81
Current Portion of Leases	173.66	143.83	149.81	145.82
Current Income Taxes Payable	31.88	0.46	0.24	0.06
Other Current Liabilities	-	0.01	18.86	37.51
Total Current Liabilities	907.59	873.5	738.95	829.79
Long-Term Debt	5.51	6.36	6.74	8.37
Long-Term Leases	886.74	779.32	630.19	656.78
Other Long-Term Liabilities	14.59	14.31	7.59	6.43
Total Liabilities	1,894	1,742	1,449	1,569
Common Stock	36	36	-	-
Retained Earnings	272.6	70.93	25.63	30.07
Comprehensive Income & Other	6.93	8.44	8.27	1.81
Total Common Equity	315.54	115.37	33.9	31.88
Minority Interest	-16.32	-1.69	-	-
Shareholders' Equity	299.22	113.68	33.9	31.88
Total Liabilities & Equity	2,193	1,856	1,483	1,601
Total Debt	1,067	930.27	787.47	811.77
Net Cash (Debt)	-530.48	-576.21	-747.8	-643.8
Net Cash Per Share	-0.15	-0.16	-	-
Filing Date Shares Outstanding	3,600	3,600	-	-
Total Common Shares Outstanding	3,600	3,600	-	-
Working Capital	-155.46	-320.31	-125.06	-146.5
Book Value Per Share	0.09	0.03	-	-
Tangible Book Value	281.54	81.37	26.54	21.48
Tangible Book Value Per Share	0.08	0.02	-	-
Land	74.15	74.36	13.17	14.76
Buildings	156.62	156.78	10.22	11.46
Machinery	400.44	369.66	354.79	343.29
Construction In Progress	7.93	15.56	9.87	4.06
Leasehold Improvements	502.29	444.33	377.84	355.93

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