Palm Hills Developments S.A.E. (EGX: PHDC)

PHDC 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	3,555	3,189	1,165	1,024	1,587	1,384
Short-Term Investments	5,881	4,445	3,505	2,436	1,369	924.38
Trading Asset Securities	156.81	100.78	86.05	60.73	215.71	87.51
Cash & Short-Term Investments	9,593	7,735	4,756	3,521	3,172	2,396
Cash Growth	62.17%	62.63%	35.08%	11.01%	32.37%	-14.17%
Accounts Receivable	23,680	18,601	11,184	7,713	6,501	5,964
Other Receivables	1,382	1,371	1,142	1,099	1,103	855.88
Receivables	25,082	19,985	12,337	8,812	7,604	6,820
Inventory	8,671	8,788	6,286	8,698	7,700	8,115
Prepaid Expenses	179.16	75.92	83.19	456.98	113.98	81.1
Other Current Assets	9,366	5,890	2,554	875.72	813.64	841.72
Total Current Assets	52,891	42,474	26,018	22,364	19,404	18,254
Property, Plant & Equipment	2,739	3,543	2,812	2,742	2,860	3,093
Long-Term Investments	871.37	499.49	382.32	213.67	150.48	143.37
Long-Term Accounts Receivable	37,452	27,643	20,066	15,134	15,338	15,319
Long-Term Deferred Tax Assets	-	-	-	0.79	3.05	3.55
Other Long-Term Assets	1,074	139.2	228.22	444.68	541.95	657.95
Total Assets	95,027	74,298	49,506	40,900	38,297	37,471
Accounts Payable	2,789	2,522	1,350	1,259	968.45	997.84
Accrued Expenses	884.59	-	-	248.68	122.65	125.28
Short-Term Debt	6,145	3,596	2,584	1,761	1,425	1,051
Current Portion of Long-Term Debt	2,012	2,369	1,850	1,562	1,214	2,046
Current Portion of Leases	7.37	9.77	6.53	5.32	-	-
Current Income Taxes Payable	648.09	559.93	420.64	166.76	37.27	97.62
Current Unearned Revenue	38,593	27,582	19,372	14,976	15,629	14,213
Other Current Liabilities	2,821	4,429	1,683	3,221	2,079	1,869
Total Current Liabilities	53,900	41,069	27,267	23,200	21,475	20,399
Long-Term Debt	6,769	6,535	4,027	4,091	4,345	4,239
Long-Term Leases	0.83	1.3	3.12	6	-	-
Long-Term Deferred Tax Liabilities	5.02	4.74	2.75	-	-	-
Other Long-Term Liabilities	21,041	14,966	8,035	4,011	3,026	3,295
Total Liabilities	81,717	62,577	39,334	31,308	28,846	27,934
Common Stock	5,883	5,883	6,003	6,162	6,235	6,235
Retained Earnings	6,795	5,276	3,777	3,045	2,704	2,757
Treasury Stock	-	-	-90.15	-69.84	-46.99	-
Comprensive Income & Other	-	-	-	-0.39	-24.96	-9.83
Total Common Equity	12,679	11,159	9,690	9,137	8,868	8,983
Minority Interest	632.05	562.46	481.11	454.19	583.3	554.74
Shareholders' Equity	13,311	11,722	10,172	9,592	9,451	9,538
Total Liabilities & Equity	95,027	74,298	49,506	40,900	38,297	37,471
Total Debt	14,934	12,512	8,471	7,425	6,984	7,336
Net Cash (Debt)	-5,342	-4,777	-3,715	-3,904	-3,812	-4,940
Net Cash Per Share	-1.82	-1.62	-1.24	-1.28	-1.25	-1.60
Filing Date Shares Outstanding	2,942	2,942	3,002	3,041	3,081	3,118
Total Common Shares Outstanding	2,942	2,942	3,002	3,041	3,081	3,118
Working Capital	-1,009	1,405	-1,249	-836.08	-2,072	-2,145
Book Value Per Share	4.31	3.79	3.23	3.01	2.88	2.88
Tangible Book Value	12,679	11,159	9,690	9,137	8,868	8,983
Tangible Book Value Per Share	4.31	3.79	3.23	3.01	2.88	2.88
Land	33.15	33.15	33.15	33.15	33.15	18.92
Buildings	758.57	747.39	732.67	723.52	635.9	521.63
Machinery	782.06	634.27	503.97	473.49	446.72	397.71
Construction In Progress	159.49	1,002	212.13	7.64	97.87	1,739
Leasehold Improvements	21.93	21.08	21.12	-	-	-

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