Salalah Mills Company SAOG (MSM:SFMI)

MSM:SFMI Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.82	3.25	2.95	5.12	5.88	5.98
Short-Term Investments	10.26	10.77	-	-	-	-
Trading Asset Securities	0.39	0.39	0.37	0.35	0.35	0.4
Cash & Short-Term Investments	13.47	14.41	3.32	5.47	6.22	6.38
Cash Growth	380.86%	334.38%	-39.40%	-12.04%	-2.38%	90.57%
Accounts Receivable	6.84	11.27	12.67	9.44	9.8	9.12
Other Receivables	7.21	7.23	7.56	4.24	0.23	0.03
Receivables	14.04	18.5	20.23	13.69	10.02	9.14
Inventory	14.37	20.15	16.97	34.76	24.71	10.09
Prepaid Expenses	0.22	0.5	0.77	0.15	0.06	0.96
Other Current Assets	1.29	8.83	4.58	3.5	9.11	-
Total Current Assets	43.4	62.38	45.87	57.57	50.13	26.56
Property, Plant & Equipment	48.15	38.21	34.36	29.54	29.42	29.78
Long-Term Investments	4.95	4.95	-	-	-	-
Total Assets	96.5	105.54	80.23	87.11	79.55	56.34
Accounts Payable	2.42	2.71	1.36	1.29	2.9	8.54
Accrued Expenses	2.19	2.84	1.84	3.2	-	-
Short-Term Debt	-	19.13	20.62	37.6	38.23	5
Current Portion of Long-Term Debt	22.62	13.36	7.18	0.22	-	6
Current Portion of Leases	0.18	0.17	0.17	0.11	0.32	0.04
Current Income Taxes Payable	0.26	0.23	-	0.35	0.28	0.28
Total Current Liabilities	27.68	38.45	31.18	42.77	41.74	19.86
Long-Term Debt	19.68	17.6	11.71	6.04	1.84	1.56
Long-Term Leases	3.24	3.24	3.23	3.41	1.73	0.94
Long-Term Deferred Tax Liabilities	0.93	0.95	0.94	0.91	0.97	1.15
Total Liabilities	52.29	60.93	47.78	53.68	46.81	24
Common Stock	17.5	17.5	5	5	5	5
Additional Paid-In Capital	3.59	3.59	3.59	3.59	3.59	3.59
Retained Earnings	23.13	23.53	23.87	24.84	24.16	23.76
Total Common Equity	44.22	44.61	32.45	33.43	32.75	32.35
Shareholders' Equity	44.22	44.61	32.45	33.43	32.75	32.35
Total Liabilities & Equity	96.5	105.54	80.23	87.11	79.55	56.34
Total Debt	45.72	53.5	42.92	47.39	42.12	13.54
Net Cash (Debt)	-32.25	-39.09	-39.6	-41.91	-35.9	-7.17
Net Cash Per Share	-0.48	-0.63	-0.79	-0.84	-0.72	-0.14
Filing Date Shares Outstanding	62.46	62.46	49.96	49.96	49.96	49.96
Total Common Shares Outstanding	62.46	62.46	49.96	49.96	49.96	49.96
Working Capital	15.73	23.94	14.69	14.8	8.39	6.7
Book Value Per Share	0.71	0.71	0.65	0.67	0.66	0.65
Tangible Book Value	44.22	44.61	32.45	33.43	32.75	32.35
Tangible Book Value Per Share	0.71	0.71	0.65	0.67	0.66	0.65
Land	-	0.56	0.56	0.56	0.56	0.56
Buildings	-	12.22	12.24	11.46	10.3	10.29
Machinery	-	44.15	43.8	41.5	39.94	39.66
Construction In Progress	-	11.5	5.24	0.87	2.51	1.66

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.