Saudi Arabian Mining Company (Ma'aden) (TADAWUL: 1211)

Saudi Arabian Mining Company (Ma'aden) Balance Sheet

Financials in millions SAR. 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	11,845	10,537	6,338	8,136	4,246	3,605
Short-Term Investments	81.81	5,034	10,035	971.34	1,471	3,192
Trading Asset Securities	22.25	51.84	34.05	-	-	-
Cash & Short-Term Investments	11,949	15,623	16,407	9,107	5,717	6,796
Cash Growth	-15.82%	-4.78%	80.15%	59.29%	-15.88%	-24.10%
Accounts Receivable	6,087	5,072	6,134	4,404	2,453	2,416
Other Receivables	104.1	974.13	1,235	802.35	526.1	579.68
Receivables	6,191	6,046	7,369	5,206	2,979	2,995
Inventory	6,954	7,200	6,874	6,832	5,932	5,759
Prepaid Expenses	-	24.06	144.36	93.27	67.53	101.01
Other Current Assets	576.53	317.37	339.68	200.73	236.61	151.21
Total Current Assets	25,670	29,210	31,134	21,439	14,933	15,803
Property, Plant & Equipment	78,009	77,962	76,989	78,602	78,687	78,706
Long-Term Investments	6,998	2,083	1,431	1,246	1,060	1,155
Goodwill	159.47	159.47	159.47	159.47	159.47	159.47
Other Intangible Assets	187.07	193.6	193.4	127.46	158.81	196.63
Long-Term Deferred Tax Assets	1,386	1,346	795.77	824.6	804.9	638.74
Long-Term Deferred Charges	-	40.5	-	-	14.25	28.5
Other Long-Term Assets	846.24	877.07	881.54	937.47	912.65	956.55
Total Assets	113,256	111,874	111,586	103,338	96,737	97,658
Accounts Payable	4,493	2,861	2,562	1,540	1,879	1,763
Accrued Expenses	5,272	5,061	4,517	4,150	2,289	2,064
Current Portion of Long-Term Debt	6,579	4,129	3,139	4,376	3,105	2,688
Current Portion of Leases	338.78	299.52	265.73	134.9	163.56	139.48
Current Income Taxes Payable	466.3	608.71	716.89	347.85	204.5	267.37
Current Unearned Revenue	-	226.3	-	20.23	27.62	-
Other Current Liabilities	-	1,537	1,763	2,220	2,466	1,638
Total Current Liabilities	17,149	14,723	12,963	12,790	10,134	8,560
Long-Term Debt	30,332	33,179	38,052	42,697	45,622	47,394
Long-Term Leases	1,250	1,435	1,578	1,109	1,174	1,127
Long-Term Deferred Tax Liabilities	1,651	1,589	1,106	1,047	971.46	841.23
Other Long-Term Liabilities	2,717	2,886	744.39	759.6	692.4	620.37
Total Liabilities	54,409	55,058	55,546	59,369	59,437	59,265
Common Stock	36,918	36,918	24,612	12,306	12,306	12,306
Additional Paid-In Capital	-	-	-	10,739	10,739	10,739
Retained Earnings	11,838	9,825	20,578	12,869	7,090	7,722
Treasury Stock	-153.69	-74.07	-	-	-	-
Comprensive Income & Other	-307.51	-245.3	-120.16	-262.85	116.3	-111.64
Total Common Equity	48,294	46,423	45,069	35,651	30,252	30,656
Minority Interest	10,553	10,392	10,971	8,317	7,048	7,737
Shareholders' Equity	58,847	56,815	56,040	43,969	37,300	38,393
Total Liabilities & Equity	113,256	111,874	111,586	103,338	96,737	97,658
Total Debt	38,500	39,042	43,035	48,317	50,065	51,348
Net Cash (Debt)	-26,551	-23,419	-26,628	-39,210	-44,347	-44,552
Net Cash Per Share	-7.19	-6.34	-7.21	-10.62	-12.01	-12.60
Filing Date Shares Outstanding	3,688	3,690	3,692	3,692	3,692	3,692
Total Common Shares Outstanding	3,688	3,690	3,692	3,692	3,692	3,692
Working Capital	8,522	14,488	18,171	8,649	4,798	7,243
Book Value Per Share	13.09	12.58	12.21	9.66	8.19	8.30
Tangible Book Value	47,948	46,070	44,716	35,364	29,933	30,299
Tangible Book Value Per Share	13.00	12.49	12.11	9.58	8.11	8.21
Land	29,629	29,482	29,466	29,147	61.55	61.55
Buildings	-	-	-	-	16,779	16,788
Machinery	58,874	58,254	56,596	51,457	51,874	51,055
Construction In Progress	4,503	3,427	2,632	6,616	4,667	2,748

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