Spinneys 1961 Holding Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	242.56	60.17	354.06	39.67	17.97
Short-Term Investments	417	476	-	-	150
Cash & Short-Term Investments	659.56	536.17	354.06	39.67	167.97
Cash Growth	40.46%	51.43%	792.49%	-76.38%	-
Accounts Receivable	50.31	33.32	36.12	19.68	28.61
Other Receivables	7.96	8.99	6.42	414.3	348.87
Receivables	58.27	42.31	42.54	433.98	377.47
Inventory	158.26	157.11	133.16	123.08	119.33
Prepaid Expenses	-	11.71	14.59	13.62	14.87
Other Current Assets	5.82	4.84	8.85	3.54	3.65
Total Current Assets	881.91	752.13	553.19	613.89	683.29
Property, Plant & Equipment	1,317	1,350	1,217	826.59	873.61
Goodwill	-	-	-	7.36	10.4
Other Intangible Assets	34	34	34	-	-
Long-Term Deferred Tax Assets	1.1	1.1	1.25	1.29	1.28
Other Long-Term Assets	55.45	56.05	50.15	33.55	32.43
Total Assets	2,289	2,193	1,856	1,483	1,601
Accounts Payable	816.04	424.95	482.31	355.56	439.61
Accrued Expenses	-	276.35	246.12	213.77	205.99
Current Portion of Long-Term Debt	0.78	0.75	0.76	0.72	0.81
Current Portion of Leases	180.5	173.66	143.83	149.81	145.82
Current Income Taxes Payable	47.8	31.88	0.46	0.24	0.06
Other Current Liabilities	-	-	0.01	18.86	37.51
Total Current Liabilities	1,045	907.59	873.5	738.95	829.79
Long-Term Debt	5.49	5.51	6.36	6.74	8.37
Long-Term Leases	860.08	886.74	779.32	630.19	656.78
Other Long-Term Liabilities	14.64	14.59	14.31	7.59	6.43
Total Liabilities	2,005	1,894	1,742	1,449	1,569
Common Stock	36	36	36	-	-
Retained Earnings	260.41	272.6	70.93	25.63	30.07
Comprehensive Income & Other	7.11	6.93	8.44	8.27	1.81
Total Common Equity	303.52	315.54	115.37	33.9	31.88
Minority Interest	-19.76	-16.32	-1.69	-	-
Shareholders' Equity	283.76	299.22	113.68	33.9	31.88
Total Liabilities & Equity	2,289	2,193	1,856	1,483	1,601
Total Debt	1,047	1,067	930.27	787.47	811.77
Net Cash (Debt)	-387.27	-530.48	-576.21	-747.8	-643.8
Net Cash Per Share	-0.11	-0.15	-0.16	-	-
Filing Date Shares Outstanding	3,600	3,600	3,600	-	-
Total Common Shares Outstanding	3,600	3,600	3,600	-	-
Working Capital	-163.21	-155.46	-320.31	-125.06	-146.5
Book Value Per Share	0.08	0.09	0.03	-	-
Tangible Book Value	269.52	281.54	81.37	26.54	21.48
Tangible Book Value Per Share	0.07	0.08	0.02	-	-
Land	74.58	74.15	74.36	13.17	14.76
Buildings	156.96	156.62	156.78	10.22	11.46
Machinery	410.1	400.44	369.66	354.79	343.29
Construction In Progress	8.64	7.93	15.56	9.87	4.06
Leasehold Improvements	504.96	502.29	444.33	377.84	355.93

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.