The Arab Dairy Products Co. (EGX: ADPC)

ADPC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	59.5	121.21	39.4	100.68	36.22	43.53
Cash & Short-Term Investments	59.5	121.21	39.4	100.68	36.22	43.53
Cash Growth	76.79%	207.64%	-60.86%	177.99%	-16.80%	25.90%
Accounts Receivable	452.16	293.92	241.11	279.01	251.31	200.54
Other Receivables	309.49	236.2	197.71	143.3	117.78	164.67
Receivables	793.88	600.94	454.99	429.64	377.19	376.65
Inventory	583.11	412.3	239.22	238.3	253.42	206.73
Prepaid Expenses	37.47	14.47	5.44	12.46	10.01	12.75
Other Current Assets	182.87	127.85	112.64	48.71	49.29	35.58
Total Current Assets	1,657	1,277	851.69	829.79	726.12	675.24
Property, Plant & Equipment	379.32	341.54	326.01	339.82	333.36	301.17
Long-Term Investments	-	-	-	-	1	-
Other Intangible Assets	0.08	0.13	0.3	0.52	0.46	0.59
Total Assets	2,036	1,618	1,178	1,170	1,061	977
Accounts Payable	125.99	88.01	87.09	125.05	143.79	134.14
Accrued Expenses	53.18	26.61	15.96	20.95	17.17	25.9
Short-Term Debt	811.23	604.9	494.94	523.68	525.83	345.5
Current Portion of Long-Term Debt	87.02	-	-	7.27	14.55	14.84
Current Portion of Leases	54.98	0.81	0.77	0.85	0.4	-
Current Income Taxes Payable	29.53	0.18	-	0.35	0.08	0.25
Current Unearned Revenue	-	59.43	47.1	22.84	16.64	12.77
Other Current Liabilities	128.48	82.11	76.17	59.2	29.61	68.99
Total Current Liabilities	1,290	862.06	722.03	760.19	748.08	602.38
Long-Term Debt	-	-	2.5	-	44.25	14.84
Long-Term Leases	175.65	0.35	1.16	1.92	1.89	-
Long-Term Unearned Revenue	-	176.25	216.12	209.03	132.39	133.49
Long-Term Deferred Tax Liabilities	16.93	38.77	23.3	13.66	18.41	26.83
Other Long-Term Liabilities	-	-	-	-	0.02	32.26
Total Liabilities	1,483	1,077	965.12	984.8	945.03	809.8
Common Stock	500	500	290	160	160	160
Retained Earnings	50.17	38.79	-79.27	-98.39	-45.31	6.04
Comprensive Income & Other	-	-	-	121.32	-	-
Total Common Equity	550.17	538.79	210.73	182.93	114.69	166.04
Minority Interest	3.07	2.2	2.16	2.4	1.21	1.16
Shareholders' Equity	553.24	540.99	212.89	185.33	115.9	167.2
Total Liabilities & Equity	2,036	1,618	1,178	1,170	1,061	977
Total Debt	1,129	606.07	499.37	533.72	586.92	375.18
Net Cash (Debt)	-1,069	-484.86	-459.97	-433.04	-550.7	-331.65
Net Cash Per Share	-2.21	-1.28	-1.68	-2.71	-3.44	-3.31
Filing Date Shares Outstanding	500	500	290	160	160	160
Total Common Shares Outstanding	500	500	290	160	160	160
Working Capital	366.42	414.71	129.66	69.6	-21.96	72.86
Book Value Per Share	1.10	1.08	0.73	1.14	0.72	1.04
Tangible Book Value	550.09	538.67	210.43	182.41	114.24	165.45
Tangible Book Value Per Share	1.10	1.08	0.73	1.14	0.71	1.03
Land	11.85	11.85	3.63	3.63	3.63	3.63
Buildings	69.5	69.5	49.81	47.9	47.9	47.9
Machinery	385.84	427.46	416.27	362.92	388	351.85
Construction In Progress	39.82	31.94	33.43	44.3	45.57	36.43

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