Saudi Marketing Company (TADAWUL: 4006)

Saudi Marketing 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	18.03	19.49	32.86	17.18	16.31	20.68
Trading Asset Securities	14.74	11.78	6.09	1.91	-	-
Cash & Short-Term Investments	32.77	31.26	38.95	19.09	16.31	20.68
Cash Growth	-3.87%	-19.74%	104.08%	17.06%	-21.14%	27.36%
Accounts Receivable	16.66	10.98	13.96	13.69	10.04	10.92
Other Receivables	6.71	25.65	22.75	18.86	19.41	15.74
Receivables	23.37	36.62	36.72	32.56	29.45	26.66
Inventory	976.95	984.6	929.14	850.34	824.23	759.5
Prepaid Expenses	27.03	4.43	8.85	14.5	16.82	11.34
Other Current Assets	-	61.98	26.27	12.65	13.15	12.84
Total Current Assets	1,060	1,119	1,040	929.14	899.96	831.02
Property, Plant & Equipment	1,241	1,205	1,259	1,259	1,341	1,398
Long-Term Investments	0.67	0.56	0.56	0.73	0.36	0.51
Other Intangible Assets	0.62	0.84	1.54	2.7	3.72	3.63
Other Long-Term Assets	28.51	28.61	28.79	28.98	29.17	29.35
Total Assets	2,331	2,354	2,329	2,221	2,274	2,263
Accounts Payable	328.5	355.44	377.19	317.21	344.41	300.77
Accrued Expenses	-	36.77	36.23	28.45	29.93	21.8
Short-Term Debt	497.24	445	404.62	420	442.73	370.97
Current Portion of Long-Term Debt	50.68	54.01	38.81	36.97	56.94	123.67
Current Portion of Leases	64.6	57.65	53.97	47	46.87	57.92
Current Income Taxes Payable	12.17	3.68	3.43	1.28	2.25	3.55
Current Unearned Revenue	0.82	3.29	3.08	3.13	3.87	3.96
Other Current Liabilities	-	2.75	0.53	0.21	0.14	1.27
Total Current Liabilities	954.01	958.6	917.85	854.25	927.14	883.92
Long-Term Debt	48.62	70.21	74.22	63.03	15	71.94
Long-Term Leases	584.4	595.36	612.74	606.49	660.59	675.34
Total Liabilities	1,657	1,693	1,670	1,586	1,659	1,685
Common Stock	450	450	450	450	450	450
Retained Earnings	224.66	211.28	209.62	185.48	165.71	127.81
Comprensive Income & Other	-0.59	-0.7	-0.7	-0.53	-0.9	-0.75
Total Common Equity	674.08	660.58	658.92	634.95	614.81	577.06
Minority Interest	-0.19	-0.05	0.1	0.19	0.24	0.29
Shareholders' Equity	673.89	660.53	659.02	635.14	615.05	577.35
Total Liabilities & Equity	2,331	2,354	2,329	2,221	2,274	2,263
Total Debt	1,246	1,222	1,184	1,173	1,222	1,300
Net Cash (Debt)	-1,213	-1,191	-1,145	-1,154	-1,206	-1,279
Net Cash Per Share	-26.95	-26.47	-25.45	-25.65	-26.80	-28.43
Filing Date Shares Outstanding	45	45	45	45	45	45
Total Common Shares Outstanding	45	45	45	45	45	45
Working Capital	106.12	160.3	122.07	74.88	-27.18	-52.9
Book Value Per Share	14.98	14.68	14.64	14.11	13.66	12.82
Tangible Book Value	673.46	659.75	657.38	632.26	611.09	573.43
Tangible Book Value Per Share	14.97	14.66	14.61	14.05	13.58	12.74
Land	-	96.05	134.41	134.41	134.41	134.41
Buildings	-	580.83	550.24	519.32	508.55	492.38
Machinery	-	533.03	502.5	472.66	462	447.67
Construction In Progress	-	40.91	23.59	25.06	10.91	17.79

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