Telecom Egypt Company (EGX: ETEL)

Telecom Egypt Company 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	10,055	10,978	6,811	2,983	2,003	1,433
Short-Term Investments	-	-	-	-	-	25.83
Cash & Short-Term Investments	10,055	10,978	6,811	2,983	2,003	1,459
Cash Growth	-4.34%	61.17%	128.31%	48.91%	37.31%	46.16%
Accounts Receivable	17,079	10,405	8,075	6,036	7,366	5,326
Other Receivables	5,388	4,253	3,396	2,441	3,081	3,829
Receivables	22,467	14,659	11,718	8,478	10,447	9,157
Inventory	7,404	5,081	4,281	2,342	2,092	2,354
Other Current Assets	5,499	3,642	3,411	2,301	3,146	2,434
Total Current Assets	45,552	34,360	26,221	16,104	17,689	15,404
Property, Plant & Equipment	96,145	79,215	61,195	51,518	45,291	36,557
Long-Term Investments	16,495	14,968	12,260	11,001	12,381	10,898
Goodwill	-	15.84	15.84	15.84	15.84	15.84
Other Intangible Assets	27,532	21,148	19,480	10,491	8,860	10,104
Long-Term Accounts Receivable	1,524	857.86	-	-	-	-
Long-Term Deferred Tax Assets	3,336	-	-	167.81	131.96	213.19
Other Long-Term Assets	105.82	74.87	67.92	48.2	53.33	60.07
Total Assets	190,690	150,640	119,240	89,345	84,423	73,251
Accounts Payable	9,831	8,198	6,048	8,912	2,151	2,001
Accrued Expenses	9,699	8,583	7,653	4,839	3,861	3,528
Short-Term Debt	-	-	-	56.49	-	-
Current Portion of Long-Term Debt	47,503	29,616	10,415	5,333	17,009	11,666
Current Portion of Leases	445.71	253.44	291.51	119.29	-	-
Current Income Taxes Payable	-	-	-	1,239	718.95	577.05
Current Unearned Revenue	4,663	1,734	1,387	1,097	1,218	803.74
Other Current Liabilities	18,565	19,031	17,901	5,077	9,693	7,940
Total Current Liabilities	90,706	67,416	43,695	26,673	34,652	26,516
Long-Term Debt	34,023	19,726	20,411	10,988	3,278	4,786
Long-Term Leases	1,111	809.09	820.86	737.24	-	-
Long-Term Unearned Revenue	6,659	379.75	325.13	243.99	273.58	308.31
Long-Term Deferred Tax Liabilities	-	1,449	1,482	3,161	2,392	1,462
Other Long-Term Liabilities	12,819	9,975	6,237	4,242	5,065	4,958
Total Liabilities	145,317	99,755	72,972	46,046	45,661	38,030
Common Stock	17,071	17,071	17,071	17,071	17,071	17,071
Retained Earnings	23,915	30,295	25,992	26,272	21,675	18,120
Comprehensive Income & Other	4,367	3,502	3,190	-55.66	-0.57	14.3
Total Common Equity	45,353	50,867	46,253	43,287	38,745	35,205
Minority Interest	19.97	17.97	15.16	12.5	16.03	15.8
Shareholders' Equity	45,373	50,885	46,268	43,300	38,761	35,221
Total Liabilities & Equity	190,690	150,640	119,240	89,345	84,423	73,251
Total Debt	83,082	50,404	31,938	17,234	20,287	16,452
Net Cash (Debt)	-73,026	-39,426	-25,127	-14,251	-18,284	-14,993
Net Cash Per Share	-42.78	-23.10	-14.72	-8.35	-10.71	-8.78
Filing Date Shares Outstanding	1,707	1,707	1,707	1,707	1,707	1,707
Total Common Shares Outstanding	1,707	1,707	1,707	1,707	1,707	1,707
Working Capital	-45,154	-33,056	-17,474	-10,569	-16,963	-11,112
Book Value Per Share	26.57	29.80	27.09	25.36	22.70	20.62
Tangible Book Value	17,821	29,703	26,756	32,780	29,870	25,086
Tangible Book Value Per Share	10.44	17.40	15.67	19.20	17.50	14.70
Land	2,410	2,395	2,394	2,392	2,344	2,355
Buildings	61,932	52,990	45,937	40,760	37,733	33,715
Machinery	64,120	53,370	44,652	36,955	40,021	32,694
Construction In Progress	23,206	16,977	9,063	6,955	6,582	6,829

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