Middle East Glass Manufacturing Company S.A.E. (EGX: MEGM)

EGX: MEGM 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	1,221	1,028	731.58	533.85	470.12	38.31
Short-Term Investments	-	-	-	142.43	-	-
Cash & Short-Term Investments	1,221	1,028	731.58	676.28	470.12	38.31
Cash Growth	16.11%	40.47%	8.18%	43.85%	1127.05%	-22.16%
Accounts Receivable	1,491	775.97	633.06	430.3	374.98	320.42
Other Receivables	612.16	387.3	218.44	127.2	119	236.42
Receivables	2,103	1,180	869.71	564.4	506.35	565.24
Inventory	762.23	612.49	547.07	279.52	255.78	286.09
Prepaid Expenses	-	13.97	16.42	6.32	6.53	2.46
Other Current Assets	5.49	120.18	172.83	203.16	213.65	115.27
Total Current Assets	4,092	2,955	2,338	1,730	1,452	1,007
Property, Plant & Equipment	2,325	2,144	1,748	1,502	1,286	1,155
Long-Term Investments	-	-	-	-	160.91	120.71
Goodwill	-	258.61	258.61	258.61	258.61	258.61
Other Intangible Assets	280.9	12.61	2.41	3.36	2.27	15.49
Long-Term Deferred Tax Assets	318.81	122.54	67.46	-	-	-
Other Long-Term Assets	190.88	27.93	50.02	38.56	7.87	-
Total Assets	7,207	5,520	4,464	3,532	3,168	2,558
Accounts Payable	828.28	472.97	464.79	318.1	244.76	300.95
Accrued Expenses	764.95	436.53	302.22	218.49	182.01	184.24
Short-Term Debt	738.11	648.77	395.34	372.33	330.02	274.82
Current Portion of Long-Term Debt	804.83	514.83	412.36	262	-	677.96
Current Portion of Leases	-	-	-	-	-	13.78
Current Income Taxes Payable	251.17	207.33	132.66	40.64	-	12.75
Current Unearned Revenue	72.61	95.72	121.44	43.33	28.78	-
Other Current Liabilities	150.6	139.98	89.33	91.93	76.62	96.23
Total Current Liabilities	3,611	2,516	1,918	1,347	862.2	1,561
Long-Term Debt	2,012	1,545	1,649	1,310	1,573	319.58
Long-Term Leases	-	-	-	-	-	48.7
Long-Term Deferred Tax Liabilities	8.1	8.7	3.78	82.33	104.22	68.4
Total Liabilities	5,642	4,081	3,585	2,749	2,549	2,007
Common Stock	62.63	62.63	62.63	50.32	50.32	50.32
Additional Paid-In Capital	629.61	629.61	629.61	172.22	172.22	172.22
Retained Earnings	859.53	733.68	174.14	114.75	-49.89	-118.2
Comprehensive Income & Other	13.13	13.13	13.13	445.95	445.95	445.95
Total Common Equity	1,565	1,439	879.5	783.24	618.6	550.29
Shareholders' Equity	1,565	1,439	879.5	783.24	618.6	550.29
Total Liabilities & Equity	7,207	5,520	4,464	3,532	3,168	2,558
Total Debt	3,555	2,708	2,457	1,944	1,903	1,335
Net Cash (Debt)	-2,334	-1,680	-1,726	-1,268	-1,433	-1,297
Net Cash Per Share	-38.30	-26.83	-33.31	-19.42	-28.47	-25.76
Filing Date Shares Outstanding	62.63	62.63	62.63	50.32	50.32	50.32
Total Common Shares Outstanding	62.63	62.63	62.63	50.32	50.32	50.32
Working Capital	481.15	438.46	419.47	382.86	590.23	-553.37
Book Value Per Share	24.99	22.98	14.04	15.56	12.29	10.94
Tangible Book Value	1,284	1,168	618.48	521.26	357.72	276.19
Tangible Book Value Per Share	20.50	18.65	9.88	10.36	7.11	5.49
Land	422.64	422.64	349.05	341.98	339.37	316.76
Buildings	300.93	288.56	265.76	233.52	230.76	227.44
Machinery	3,191	2,923	2,322	2,177	1,948	1,704
Construction In Progress	177.85	75.49	284.88	69.33	50.08	115.12

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