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

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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	964.19	1,028	731.58	533.85	470.12	38.31
Short-Term Investments	-	-	-	142.43	-	-
Cash & Short-Term Investments	964.19	1,028	731.58	676.28	470.12	38.31
Cash Growth	54.10%	40.47%	8.18%	43.85%	1127.05%	-22.16%
Accounts Receivable	1,476	775.97	633.06	430.3	374.98	320.42
Other Receivables	530.21	387.3	218.44	127.2	119	236.42
Receivables	2,007	1,180	869.71	564.4	506.35	565.24
Inventory	691.83	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	10.44	120.18	172.83	203.16	213.65	115.27
Total Current Assets	3,673	2,955	2,338	1,730	1,452	1,007
Property, Plant & Equipment	2,213	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	282.73	12.61	2.41	3.36	2.27	15.49
Long-Term Deferred Tax Assets	320.04	122.54	67.46	-	-	-
Other Long-Term Assets	104.36	27.93	50.02	38.56	7.87	-
Total Assets	6,593	5,520	4,464	3,532	3,168	2,558
Accounts Payable	606.11	472.97	464.79	318.1	244.76	300.95
Accrued Expenses	589.65	436.53	302.22	218.49	182.01	184.24
Short-Term Debt	613.54	648.77	395.34	372.33	330.02	274.82
Current Portion of Long-Term Debt	800.5	514.83	412.36	262	-	677.96
Current Portion of Leases	-	-	-	-	-	13.78
Current Income Taxes Payable	303.84	207.33	132.66	40.64	-	12.75
Current Unearned Revenue	61.21	95.72	121.44	43.33	28.78	-
Other Current Liabilities	141.77	139.98	89.33	91.93	76.62	96.23
Total Current Liabilities	3,117	2,516	1,918	1,347	862.2	1,561
Long-Term Debt	2,001	1,545	1,649	1,310	1,573	319.58
Long-Term Leases	-	-	-	-	-	48.7
Long-Term Deferred Tax Liabilities	8.34	8.7	3.78	82.33	104.22	68.4
Total Liabilities	5,137	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	750.44	733.68	174.14	114.75	-49.89	-118.2
Comprensive Income & Other	13.13	13.13	13.13	445.95	445.95	445.95
Total Common Equity	1,456	1,439	879.5	783.24	618.6	550.29
Shareholders' Equity	1,456	1,439	879.5	783.24	618.6	550.29
Total Liabilities & Equity	6,593	5,520	4,464	3,532	3,168	2,558
Total Debt	3,415	2,708	2,457	1,944	1,903	1,335
Net Cash (Debt)	-2,451	-1,680	-1,726	-1,268	-1,433	-1,297
Net Cash Per Share	-42.03	-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	556.41	438.46	419.47	382.86	590.23	-553.37
Book Value Per Share	23.25	22.98	14.04	15.56	12.29	10.94
Tangible Book Value	1,173	1,168	618.48	521.26	357.72	276.19
Tangible Book Value Per Share	18.73	18.65	9.88	10.36	7.11	5.49
Land	422.64	422.64	349.05	341.98	339.37	316.76
Buildings	299.08	288.56	265.76	233.52	230.76	227.44
Machinery	3,103	2,923	2,322	2,177	1,948	1,704
Construction In Progress	84.24	75.49	284.88	69.33	50.08	115.12

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