Arabian Cement Company (TADAWUL: 3010)

Arabian 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	149.8	217.68	263.87	143.44	234.43	143.9
Short-Term Investments	-	-	-	210	-	-
Trading Asset Securities	-	-	-	-	-	0
Cash & Short-Term Investments	149.8	217.68	263.87	353.44	234.43	143.9
Cash Growth	-14.82%	-17.51%	-25.34%	50.77%	62.91%	-23.13%
Accounts Receivable	217.24	225.14	220.59	204.29	221.9	230.33
Other Receivables	-	5.42	8.73	7.57	3.03	-
Receivables	217.24	230.56	229.31	211.86	224.93	230.33
Inventory	580.45	468.84	454.82	408.36	547.93	580.24
Prepaid Expenses	40.17	13.99	2.74	2.99	2.67	2.51
Other Current Assets	-	6.52	8.37	7.06	16	8.13
Total Current Assets	987.65	937.58	959.11	983.7	1,026	965.11
Property, Plant & Equipment	1,927	1,993	2,106	2,203	2,335	2,439
Long-Term Investments	162.64	168.19	176.05	204.22	228.32	194.94
Other Intangible Assets	11.39	12.01	13.24	14.31	15.48	16.64
Long-Term Deferred Tax Assets	20.46	20.19	21.22	21.95	27.07	25.45
Other Long-Term Assets	5	5	5	5.7	5.7	5.7
Total Assets	3,114	3,136	3,280	3,433	3,637	3,647
Accounts Payable	162.29	62.12	83.74	71.38	93.68	81.97
Accrued Expenses	-	64.47	53.28	82.66	66.22	48.67
Current Portion of Long-Term Debt	47.44	20.05	42.79	7.93	10.58	89.09
Current Portion of Leases	0.8	0.62	0.62	0.62	0.65	0.64
Current Income Taxes Payable	11.59	24.57	22.44	19.85	21.51	22.35
Other Current Liabilities	13.77	48.86	45.31	53.92	63.61	58.51
Total Current Liabilities	235.9	220.69	248.18	236.36	256.24	301.22
Long-Term Debt	88.15	126.23	188.85	248.67	322.72	330.57
Long-Term Leases	3.57	3.77	4.06	4.32	4.63	4.78
Long-Term Deferred Tax Liabilities	56.12	56.12	56.12	56.12	56.12	-
Other Long-Term Liabilities	13.07	12.07	7.83	-	-	-
Total Liabilities	454.67	472.65	557.99	599.78	689.45	689.2
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	293.57	293.57	293.57	293.57	293.57	293.57
Retained Earnings	1,255	1,247	1,291	1,365	1,458	1,510
Comprensive Income & Other	20.21	32.38	50.42	91.2	121.52	79.03
Total Common Equity	2,569	2,573	2,635	2,750	2,873	2,883
Minority Interest	90.56	90.26	87.1	83.63	75.17	74.72
Shareholders' Equity	2,660	2,663	2,722	2,833	2,948	2,958
Total Liabilities & Equity	3,114	3,136	3,280	3,433	3,637	3,647
Total Debt	139.96	150.67	236.32	261.55	338.58	425.08
Net Cash (Debt)	9.84	67	27.55	91.89	-104.15	-281.17
Net Cash Growth	-	143.20%	-70.02%	-	-	-
Net Cash Per Share	0.10	0.67	0.28	0.92	-1.04	-2.81
Filing Date Shares Outstanding	100	100	100	100	100	100
Total Common Shares Outstanding	100	100	100	100	100	100
Working Capital	751.75	716.9	710.92	747.34	769.72	663.89
Book Value Per Share	25.69	25.73	26.35	27.50	28.73	28.83
Tangible Book Value	2,558	2,561	2,622	2,735	2,857	2,866
Tangible Book Value Per Share	25.58	25.61	26.22	27.35	28.57	28.66
Land	-	7.75	7.75	7.85	7.85	7.85
Buildings	-	1,581	1,657	1,651	1,645	1,621
Machinery	-	4,048	3,641	3,362	3,379	3,360
Construction In Progress	-	45.83	441.73	404.27	409.91	417.52

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