Telecom Egypt Company (EGX:ETEL)

Telecom Egypt Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	12,836	8,279	10,978	6,811	2,983	2,003
Cash & Short-Term Investments	12,836	8,279	10,978	6,811	2,983	2,003
Cash Growth	22.81%	-24.58%	61.17%	128.31%	48.91%	37.31%
Accounts Receivable	19,430	18,107	10,405	8,075	6,036	7,366
Other Receivables	8,410	5,375	4,253	3,396	2,441	3,081
Receivables	27,840	23,482	14,659	11,718	8,478	10,447
Inventory	8,067	8,107	5,081	4,281	2,342	2,092
Other Current Assets	-	3,879	3,642	3,411	2,301	3,146
Total Current Assets	48,743	43,747	34,360	26,221	16,104	17,689
Property, Plant & Equipment	104,352	104,157	79,372	61,195	51,518	45,291
Long-Term Investments	22,031	18,848	14,968	12,260	11,001	12,381
Goodwill	-	15.84	15.84	15.84	15.84	15.84
Other Intangible Assets	27,104	27,135	20,992	19,480	10,491	8,860
Long-Term Accounts Receivable	-	963.85	474.83	-	-	-
Long-Term Deferred Tax Assets	2,600	2,978	-	-	167.81	131.96
Other Long-Term Assets	103	107.26	74.87	67.92	48.2	53.33
Total Assets	204,933	197,953	150,257	119,240	89,345	84,423
Accounts Payable	-	8,884	8,198	6,048	8,912	2,151
Accrued Expenses	1,382	11,526	8,583	7,653	4,839	3,861
Short-Term Debt	-	-	-	-	56.49	-
Current Portion of Long-Term Debt	43,368	42,315	29,616	10,415	5,333	17,009
Current Portion of Leases	520	503.12	253.44	291.51	119.29	-
Current Income Taxes Payable	-	-	-	-	1,239	718.95
Current Unearned Revenue	-	4,882	1,734	1,387	1,097	1,218
Other Current Liabilities	47,063	21,375	15,109	17,901	5,077	9,693
Total Current Liabilities	92,333	89,485	63,494	43,695	26,673	34,652
Long-Term Debt	40,748	38,411	19,726	20,411	10,988	3,278
Long-Term Leases	1,029	1,086	809.09	820.86	737.24	-
Long-Term Unearned Revenue	-	6,850	3,919	325.13	243.99	273.58
Long-Term Deferred Tax Liabilities	-	-	1,449	1,482	3,161	2,392
Other Long-Term Liabilities	24,731	16,181	9,975	6,237	4,242	5,065
Total Liabilities	158,841	152,015	99,372	72,972	46,046	45,661
Common Stock	17,071	17,071	17,071	17,071	17,071	17,071
Retained Earnings	20,865	24,282	30,295	25,992	26,272	21,675
Comprehensive Income & Other	8,131	4,561	3,502	3,190	-55.66	-0.57
Total Common Equity	46,067	45,914	50,867	46,253	43,287	38,745
Minority Interest	25	23.68	17.97	15.16	12.5	16.03
Shareholders' Equity	46,092	45,938	50,885	46,268	43,300	38,761
Total Liabilities & Equity	204,933	197,953	150,257	119,240	89,345	84,423
Total Debt	85,665	82,316	50,404	31,938	17,234	20,287
Net Cash (Debt)	-72,829	-74,037	-39,426	-25,127	-14,251	-18,284
Net Cash Per Share	-42.68	-43.37	-23.10	-14.72	-8.35	-10.71
Filing Date Shares Outstanding	1,708	1,707	1,707	1,707	1,707	1,707
Total Common Shares Outstanding	1,708	1,707	1,707	1,707	1,707	1,707
Working Capital	-43,590	-45,738	-29,135	-17,474	-10,569	-16,963
Book Value Per Share	26.97	26.90	29.80	27.09	25.36	22.70
Tangible Book Value	18,963	18,763	29,859	26,756	32,780	29,870
Tangible Book Value Per Share	11.10	10.99	17.49	15.67	19.20	17.50
Land	-	2,411	2,395	2,394	2,392	2,344
Buildings	-	65,106	52,995	45,937	40,760	37,733
Machinery	-	71,084	53,528	44,652	36,955	40,021
Construction In Progress	-	23,790	16,977	9,063	6,955	6,582

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.