Emaar Misr for Development Company (S.A.E.) (EGX: EMFD)

EMFD 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	20,112	9,590	7,361	3,789	6,146	3,511
Short-Term Investments	937.43	5,256	7,542	7,753	4,621	8,832
Cash & Short-Term Investments	21,049	14,846	14,903	11,542	10,767	12,343
Cash Growth	45.38%	-0.38%	29.12%	7.19%	-12.77%	0.48%
Accounts Receivable	8,579	8,545	6,763	4,059	2,363	2,413
Other Receivables	976.63	1,298	509.66	64.94	229.05	75.47
Receivables	9,556	9,843	7,273	4,124	2,592	2,488
Inventory	39,850	36,819	32,501	30,857	22,018	16,496
Prepaid Expenses	54.05	45.01	26.17	17.76	7.46	7.47
Other Current Assets	15,870	14,092	10,422	8,580	9,569	7,285
Total Current Assets	86,378	75,645	65,124	55,120	44,954	38,620
Property, Plant & Equipment	9,352	8,732	6,746	5,564	3,727	3,107
Long-Term Investments	181.78	39.12	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	103.53	99.1	282.53
Other Long-Term Assets	2,884	2,849	2,508	1,998	858.81	561.8
Total Assets	98,796	87,265	74,378	62,786	49,639	42,572
Accounts Payable	2,302	1,936	1,247	1,151	1,068	1,122
Accrued Expenses	1,507	1,179	923.47	653.32	525.02	884.71
Short-Term Debt	-	-	-	-	-	9.94
Current Portion of Long-Term Debt	1,279	1,767	1,756	-	10.26	0.08
Current Portion of Leases	1.36	2.9	4.1	3.26	1.69	-
Current Income Taxes Payable	598.06	1,502	1,379	939.81	229.89	369.95
Current Unearned Revenue	25,516	23,854	23,516	22,399	20,805	17,340
Other Current Liabilities	19,340	15,798	12,207	10,527	8,604	6,915
Total Current Liabilities	50,543	46,039	41,032	35,674	31,243	26,641
Long-Term Debt	754.58	1,197	1,080	-	-	10.26
Long-Term Leases	-	-	40.3	44.4	7.65	-
Long-Term Deferred Tax Liabilities	2,168	652.6	333.64	-	-	-
Other Long-Term Liabilities	1,894	3,599	2,947	4,688	132.37	-
Total Liabilities	55,436	51,551	45,476	40,448	31,420	26,690
Common Stock	4,529	4,529	4,529	4,529	4,529	4,529
Additional Paid-In Capital	1,350	1,350	1,350	1,350	1,350	1,350
Retained Earnings	37,481	29,834	23,022	16,459	12,340	10,002
Total Common Equity	43,360	35,714	28,902	22,339	18,219	15,882
Minority Interest	0	0	-	0.01	0.01	0.01
Shareholders' Equity	43,360	35,714	28,902	22,339	18,219	15,882
Total Liabilities & Equity	98,796	87,265	74,378	62,786	49,639	42,572
Total Debt	2,035	2,967	2,880	47.66	19.6	20.28
Net Cash (Debt)	19,014	11,879	12,023	11,494	10,748	12,323
Net Cash Growth	49.17%	-1.20%	4.60%	6.95%	-12.78%	0.50%
Net Cash Per Share	4.22	2.62	2.65	2.54	2.37	2.72
Filing Date Shares Outstanding	4,529	4,529	4,121	4,529	4,529	4,529
Total Common Shares Outstanding	4,529	4,529	4,121	4,529	4,529	4,529
Working Capital	35,835	29,606	24,092	19,447	13,711	11,978
Book Value Per Share	9.57	7.88	7.01	4.93	4.02	3.51
Tangible Book Value	43,360	35,714	28,902	22,339	18,219	15,882
Tangible Book Value Per Share	9.57	7.88	7.01	4.93	4.02	3.51
Land	-	127.89	92.94	94.7	91.83	84.07
Buildings	-	4,669	3,076	2,949	2,661	1,956
Machinery	-	1,713	1,486	1,036	912.91	817.41
Construction In Progress	-	3,938	3,441	2,595	974.67	958.52

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