Northern Region Cement Company (TADAWUL: 3004)

Northern Region Cement Company 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	37.68	42.92	17.87	18.29	27.81	117.64
Cash & Short-Term Investments	37.68	42.92	17.87	18.29	27.81	117.64
Cash Growth	12.40%	140.11%	-2.30%	-34.21%	-76.36%	353.17%
Accounts Receivable	58.3	52.34	60.28	86.69	79.59	122.27
Other Receivables	0.55	14.99	14.87	34.3	27.29	19.68
Receivables	94.62	115.26	119.37	149.13	128.9	169.81
Inventory	626.25	586.49	600.63	462.55	478.73	477.56
Prepaid Expenses	49.25	15.86	17.61	16.71	5.57	12.85
Other Current Assets	-	29.61	22.81	38.05	54.8	59.12
Total Current Assets	807.79	790.13	778.3	684.74	695.8	836.98
Property, Plant & Equipment	2,076	2,010	1,922	1,888	1,795	1,730
Long-Term Investments	-	160.8	155.93	138.6	21.69	97.44
Goodwill	507.59	506.85	506.16	506.16	506.16	506.16
Other Intangible Assets	52.18	51.33	48.94	46.83	51.35	48.17
Long-Term Accounts Receivable	-	-	-	-	40.44	-
Other Long-Term Assets	-	-	-	-	99.96	-
Total Assets	3,444	3,519	3,412	3,264	3,211	3,219
Accounts Payable	123.81	119.29	118.08	93.84	96.81	68.61
Accrued Expenses	119.76	96.37	103.59	71.35	48.93	46.81
Short-Term Debt	288.5	541	415	460.25	228.22	292.57
Current Portion of Long-Term Debt	172.25	148.72	123.79	94.55	119.55	94.55
Current Portion of Leases	0.46	0.5	0.46	0.7	0.46	0.48
Current Income Taxes Payable	23	74.22	39.47	30.68	23.32	13.46
Other Current Liabilities	-	8.4	16.55	11.12	10.61	7.1
Total Current Liabilities	727.78	988.5	816.95	762.5	527.9	523.59
Long-Term Debt	376.89	263.52	337.07	264.86	450.91	525.45
Long-Term Leases	2.75	2.86	3.16	3.47	3.01	3.16
Total Liabilities	1,165	1,277	1,179	1,051	1,000	1,068
Common Stock	1,800	1,800	1,800	1,800	1,800	1,800
Retained Earnings	487.93	451.41	440.15	418.13	405.51	344.94
Comprehensive Income & Other	-11.54	-11.31	-11.73	-8.85	0.11	1.24
Total Common Equity	2,276	2,240	2,228	2,209	2,206	2,146
Minority Interest	2.18	2.14	4.66	4.33	5.1	4.38
Shareholders' Equity	2,279	2,242	2,233	2,214	2,211	2,151
Total Liabilities & Equity	3,444	3,519	3,412	3,264	3,211	3,219
Total Debt	840.85	956.59	879.49	823.83	802.14	916.21
Net Cash (Debt)	-803.17	-913.68	-861.61	-805.53	-774.33	-798.57
Net Cash Per Share	-4.46	-5.08	-4.79	-4.48	-4.30	-4.44
Filing Date Shares Outstanding	180	180	180	180	180	183.19
Total Common Shares Outstanding	180	180	180	180	180	183.19
Working Capital	80.01	-198.37	-38.65	-77.76	167.9	313.39
Book Value Per Share	12.65	12.44	12.38	12.27	12.25	11.72
Tangible Book Value	1,717	1,682	1,673	1,656	1,648	1,592
Tangible Book Value Per Share	9.54	9.34	9.30	9.20	9.16	8.69
Land	-	20.81	20.3	20.3	20.3	20.3
Buildings	-	836.46	833.83	833.44	830.07	829.87
Machinery	-	1,976	1,669	1,658	1,612	1,584
Construction In Progress	-	188.65	340.44	244.97	183.73	76.73
Leasehold Improvements	-	1.22	1.09	1.09	-	-

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