Real Estate Egyptian Consortium S.A.E (EGX: AREH)

EGX: AREH 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.52	3.41	1.09	0.53	17.41	36.71
Short-Term Investments	-	-	-	-	44.49	89.86
Trading Asset Securities	-	3.46	5.88	-	-	-
Cash & Short-Term Investments	1.52	6.86	6.96	0.53	61.9	126.58
Cash Growth	-21.70%	-1.43%	1222.46%	-99.15%	-51.10%	90.70%
Accounts Receivable	6.36	9.14	9.53	0.28	8.32	14.38
Other Receivables	0.49	0.19	21.44	0.56	2.34	0.67
Receivables	6.84	9.32	30.96	3.86	10.66	15.06
Inventory	138.25	142.02	29.71	39.66	41.84	32
Prepaid Expenses	0.06	0.02	0.02	0.01	0.02	0.03
Other Current Assets	8.94	8.85	8.75	9.15	9.65	27.16
Total Current Assets	155.62	167.06	76.41	53.21	124.07	200.82
Property, Plant & Equipment	0.06	0.08	0.09	0.12	0.12	0.2
Long-Term Investments	49.32	38.38	19.51	39.74	-	-
Long-Term Deferred Tax Assets	0	-	-	0	-	-
Other Long-Term Assets	74.79	75.74	62.85	63.07	63.34	23.61
Total Assets	282.8	284.26	161.86	159.14	187.53	224.64
Accounts Payable	6.19	6.06	5.98	6.31	5.68	-
Accrued Expenses	1.44	1.45	1.15	2.54	2.42	31.69
Short-Term Debt	-	1.67	-	-	-	0
Current Portion of Long-Term Debt	0.09	0.83	1.05	1.05	-	-
Current Income Taxes Payable	9.9	12.12	11.52	7.64	8.58	0.7
Current Unearned Revenue	-	0.16	0.85	0.19	4.01	5.3
Other Current Liabilities	111.51	113.28	20.12	21.09	19.28	30.91
Total Current Liabilities	129.13	135.57	40.66	38.82	39.97	68.6
Long-Term Debt	-	-	0.7	1.55	-	-
Long-Term Deferred Tax Liabilities	-	0	0	-	0.75	0.76
Other Long-Term Liabilities	0	-0	0	-	-	-
Total Liabilities	129.13	135.57	41.36	40.37	40.72	69.36
Common Stock	80	80	80	80	80	80
Retained Earnings	57.97	56.6	44.36	51.63	66	74.45
Comprehensive Income & Other	15.69	12.08	-3.86	-12.86	0.82	0.82
Shareholders' Equity	153.66	148.68	120.5	118.77	146.82	155.27
Total Liabilities & Equity	282.8	284.26	161.86	159.14	187.53	224.64
Total Debt	0.09	2.5	1.75	2.59	-	0
Net Cash (Debt)	1.44	4.36	5.22	-2.07	61.9	126.58
Net Cash Growth	-	-16.32%	-	-	-51.09%	90.71%
Net Cash Per Share	0.00	0.01	0.01	-0.01	0.15	0.32
Filing Date Shares Outstanding	400	400	400	400	400	400
Total Common Shares Outstanding	400	400	400	400	400	400
Working Capital	26.48	31.49	35.75	14.39	84.11	132.22
Book Value Per Share	0.38	0.37	0.30	0.30	0.37	0.39
Tangible Book Value	153.66	148.68	120.5	118.77	146.82	155.27
Tangible Book Value Per Share	0.38	0.37	0.30	0.30	0.37	0.39
Buildings	-	-	-	0.44	0.44	0.44
Machinery	2.1	2.19	2.18	1.74	1.67	1.66

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