Itissalat Al-Maghrib (IAM) S.A. (EPA: IAM)

EPA: IAM Balance Sheet

Financials in millions MAD. 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	1,020	1,013	1,872	2,024	2,820	1,483
Short-Term Investments	-	-	-	-	-	3
Cash & Short-Term Investments	1,020	1,013	1,872	2,024	2,820	1,486
Cash Growth	-26.72%	-45.89%	-7.51%	-28.23%	89.77%	-19.15%
Accounts Receivable	13,952	9,232	9,444	9,181	8,474	8,297
Other Receivables	-	3,064	3,716	3,518	3,342	3,083
Receivables	13,952	12,296	13,160	12,699	11,816	11,380
Inventory	388	445	484	318	271	321
Other Current Assets	102	117	157	181	53	178
Total Current Assets	15,462	13,871	15,673	15,222	14,960	13,365
Property, Plant & Equipment	31,774	32,027	30,670	28,771	29,911	32,667
Long-Term Investments	2,699	120	120	100	87	87
Goodwill	9,068	9,230	9,389	8,976	9,315	9,201
Other Intangible Assets	7,079	7,300	7,696	7,521	8,120	8,808
Long-Term Deferred Tax Assets	1,386	527	445	508	580	339
Other Long-Term Assets	-	2,468	1,537	684	567	384
Total Assets	67,468	65,543	65,530	61,782	63,540	64,851
Accounts Payable	27,599	21,729	23,334	20,871	12,757	20,934
Accrued Expenses	-	2,481	2,894	2,994	3,274	2,860
Short-Term Debt	9,123	10,101	11,448	9,885	12,816	11,780
Current Portion of Long-Term Debt	1,756	2,690	2,061	2,403	2,352	2,560
Current Portion of Leases	435	437	411	389	444	408
Current Income Taxes Payable	705	781	1,179	787	671	733
Other Current Liabilities	7,387	1,452	1,208	1,332	9,224	4,633
Total Current Liabilities	47,005	39,671	42,535	38,661	41,538	43,908
Long-Term Debt	2,902	2,991	3,268	2,696	3,553	2,934
Long-Term Leases	1,213	1,189	1,057	1,071	1,195	1,244
Long-Term Deferred Tax Liabilities	81	77	83	50	45	258
Other Long-Term Liabilities	625	611	585	503	520	504
Total Liabilities	51,826	44,539	47,528	42,981	46,851	48,848
Common Stock	5,275	5,275	5,275	5,275	5,275	5,275
Retained Earnings	-	12,164	8,727	10,200	7,786	7,223
Comprehensive Income & Other	6,813	-313	-107	-561	-340	-429
Total Common Equity	12,088	17,126	13,895	14,914	12,721	12,069
Minority Interest	3,554	3,878	4,107	3,887	3,968	3,934
Shareholders' Equity	15,642	21,004	18,002	18,801	16,689	16,003
Total Liabilities & Equity	67,468	65,543	65,530	61,782	63,540	64,851
Total Debt	15,429	17,408	18,245	16,444	20,360	18,926
Net Cash (Debt)	-14,409	-16,395	-16,373	-14,420	-17,540	-17,440
Net Cash Per Share	-16.39	-18.65	-18.62	-16.40	-19.95	-19.84
Filing Date Shares Outstanding	879.1	879.1	878.8	879.1	879.1	879.1
Total Common Shares Outstanding	879.1	879.1	878.8	879.1	879.1	879.1
Working Capital	-31,543	-25,800	-26,862	-23,439	-26,578	-30,543
Book Value Per Share	13.75	19.48	15.81	16.97	14.47	13.73
Tangible Book Value	-4,059	596	-3,190	-1,583	-4,714	-5,940
Tangible Book Value Per Share	-4.62	0.68	-3.63	-1.80	-5.36	-6.76
Land	-	1,812	1,749	1,683	1,686	1,663
Buildings	-	10,389	10,142	9,856	9,671	9,393
Machinery	-	120,453	115,894	106,942	104,153	102,329

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