Palestine Telecommunications Company P.L.C (PEX:PALTEL)

PEX:PALTEL Balance Sheet

Financials in millions JOD. 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	45.63	37.43	44.22	65.05	94.83	46.59
Trading Asset Securities	0.19	0.19	0.19	4.67	24.94	19.99
Cash & Short-Term Investments	45.82	37.61	44.41	69.72	119.77	66.59
Cash Growth	39.68%	-15.29%	-36.31%	-41.79%	79.88%	2.82%
Accounts Receivable	73.51	63.5	70.82	79.11	111.59	90.61
Other Receivables	12.05	13.09	12.05	-	0.89	0.88
Receivables	85.57	76.59	82.87	79.11	116.76	103.05
Inventory	19.69	19.03	18.91	1.65	1.62	2.42
Prepaid Expenses	5.65	5.22	6.23	4.67	4.47	4.46
Other Current Assets	27.96	10.67	7.9	9.91	8.72	9.45
Total Current Assets	184.68	149.12	160.31	165.06	251.35	185.96
Property, Plant & Equipment	180.42	182.74	172.53	177.51	144.47	156.82
Long-Term Investments	25.45	21.33	18.66	11.19	169.98	136.11
Goodwill	17.26	17.26	17.26	17.26	17.26	17.26
Other Intangible Assets	132.25	132.48	143.18	149.22	159.53	166.55
Long-Term Accounts Receivable	-	-	-	-	28.29	18.4
Long-Term Deferred Tax Assets	4.82	4.7	4.06	-	-	-
Other Long-Term Assets	1.36	2.06	3.62	5.16	97.02	121.88
Total Assets	546.25	509.69	519.63	525.4	867.9	816.15
Accounts Payable	34.78	25.9	20.98	22.01	22.03	17.83
Accrued Expenses	77.85	78.64	79.3	65.31	74.81	81.66
Short-Term Debt	70.6	39.58	47.63	22.39	4.45	33.94
Current Portion of Long-Term Debt	16.78	27.5	21.24	29.34	48.16	55.75
Current Portion of Leases	1.33	1.62	1.26	1.84	1.53	1.87
Current Income Taxes Payable	8.62	13.38	13.43	17.75	16.19	10.93
Current Unearned Revenue	9.32	6.46	7.76	9.77	32.05	18.56
Other Current Liabilities	23.07	35.12	27.01	36.72	23.93	19.11
Total Current Liabilities	242.33	228.19	218.61	205.12	223.16	239.64
Long-Term Debt	39.84	19.82	33.17	37.17	70.38	71.21
Long-Term Leases	1.22	1.71	2.4	4	4.14	5.14
Long-Term Deferred Tax Liabilities	-	-	-	-	3.66	5.47
Other Long-Term Liabilities	11.36	-	13.15	-	-	-
Total Liabilities	345.36	294.15	304.28	298.83	357.61	367.11
Common Stock	131.63	131.63	131.63	131.63	131.63	131.63
Retained Earnings	72.72	90.73	88.43	97.75	396.06	368.26
Comprehensive Income & Other	-3.86	-7.14	-4.88	-2.96	-37.96	-70.34
Total Common Equity	200.48	215.22	215.17	226.42	489.72	429.55
Minority Interest	0.41	0.32	0.17	0.16	20.57	19.48
Shareholders' Equity	200.89	215.53	215.34	226.58	510.29	449.03
Total Liabilities & Equity	546.25	509.69	519.63	525.4	867.9	816.15
Total Debt	129.76	90.23	105.7	94.73	128.67	167.91
Net Cash (Debt)	-83.94	-52.62	-61.3	-25.01	-8.9	-101.33
Net Cash Per Share	-0.64	-0.40	-0.47	-0.19	-0.07	-0.77
Filing Date Shares Outstanding	131.63	131.63	131.63	131.63	131.63	131.63
Total Common Shares Outstanding	131.63	131.63	131.63	131.63	131.63	131.63
Working Capital	-57.65	-79.08	-58.3	-40.07	28.19	-53.68
Book Value Per Share	1.52	1.64	1.63	1.72	3.72	3.26
Tangible Book Value	50.97	65.48	54.73	59.95	312.93	245.74
Tangible Book Value Per Share	0.39	0.50	0.42	0.46	2.38	1.87
Land	-	15.37	15.37	15.94	6.17	6.17
Buildings	-	43.56	42.15	41.71	43.45	43.46
Machinery	-	710.62	664.72	617.49	593.31	597.11
Construction In Progress	-	1.37	6.52	6.62	4.37	3.19

Source: S&P Global Market Intelligence. Standard template. Financial Sources.