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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	18.39	19.49	32.86	17.18	16.31	20.68
Trading Asset Securities	18.79	11.78	6.09	1.91	-	-
Cash & Short-Term Investments	37.18	31.26	38.95	19.09	16.31	20.68
Cash Growth	34.14%	-19.74%	104.08%	17.06%	-21.14%	27.36%
Accounts Receivable	19.89	10.98	13.96	13.69	10.04	10.92
Other Receivables	2.1	25.65	22.75	18.86	19.41	15.74
Receivables	21.99	36.62	36.72	32.56	29.45	26.66
Inventory	968.13	984.6	929.14	850.34	824.23	759.5
Prepaid Expenses	33.51	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	1,061	1,119	1,040	929.14	899.96	831.02
Property, Plant & Equipment	1,253	1,205	1,259	1,259	1,341	1,398
Long-Term Investments	0.77	0.56	0.56	0.73	0.36	0.51
Other Intangible Assets	0.55	0.84	1.54	2.7	3.72	3.63
Other Long-Term Assets	28.47	28.61	28.79	28.98	29.17	29.35
Total Assets	2,343	2,354	2,329	2,221	2,274	2,263
Accounts Payable	312.53	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	523	445	404.62	420	442.73	370.97
Current Portion of Long-Term Debt	46.18	54.01	38.81	36.97	56.94	123.67
Current Portion of Leases	66.32	57.65	53.97	47	46.87	57.92
Current Income Taxes Payable	10.02	3.68	3.43	1.28	2.25	3.55
Current Unearned Revenue	1.21	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	959.26	958.6	917.85	854.25	927.14	883.92
Long-Term Debt	38.58	70.21	74.22	63.03	15	71.94
Long-Term Leases	588.24	595.36	612.74	606.49	660.59	675.34
Total Liabilities	1,662	1,693	1,670	1,586	1,659	1,685
Common Stock	450	450	450	450	450	450
Retained Earnings	231.75	211.28	209.62	185.48	165.71	127.81
Comprehensive Income & Other	-0.49	-0.7	-0.7	-0.53	-0.9	-0.75
Total Common Equity	681.26	660.58	658.92	634.95	614.81	577.06
Minority Interest	-0.24	-0.05	0.1	0.19	0.24	0.29
Shareholders' Equity	681.02	660.53	659.02	635.14	615.05	577.35
Total Liabilities & Equity	2,343	2,354	2,329	2,221	2,274	2,263
Total Debt	1,262	1,222	1,184	1,173	1,222	1,300
Net Cash (Debt)	-1,225	-1,191	-1,145	-1,154	-1,206	-1,279
Net Cash Per Share	-27.23	-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	101.54	160.3	122.07	74.88	-27.18	-52.9
Book Value Per Share	15.14	14.68	14.64	14.11	13.66	12.82
Tangible Book Value	680.71	659.75	657.38	632.26	611.09	573.43
Tangible Book Value Per Share	15.13	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.