Saudi Ground Services Company (TADAWUL: 4031)

Saudi Ground Services 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	42.21	79.09	864.42	254.87	95.84	119.85
Short-Term Investments	409	500	-	-	-	-
Trading Asset Securities	200.96	124.44	209.19	1,391	976.68	943.93
Cash & Short-Term Investments	652.17	703.53	1,074	1,646	1,073	1,064
Cash Growth	-19.80%	-34.47%	-34.77%	53.46%	0.82%	72.99%
Accounts Receivable	1,292	1,248	1,153	1,067	1,148	871.59
Other Receivables	-	-	-	-	420.3	345.54
Receivables	1,292	1,248	1,153	1,067	1,608	1,249
Inventory	7.73	4.87	9.94	6.07	0.14	0.29
Prepaid Expenses	661.55	678.96	631.36	608.29	49.3	48.16
Other Current Assets	-	-	-	-	21.85	36.12
Total Current Assets	2,614	2,636	2,868	3,328	2,751	2,397
Property, Plant & Equipment	683.54	711.12	561.93	593.12	656.58	775.53
Long-Term Investments	115.14	95.71	74.37	51.92	98.83	141.57
Goodwill	582.82	582.82	582.82	582.82	582.82	582.82
Other Intangible Assets	146.43	163.96	193.51	229.76	266	302.25
Long-Term Accounts Receivable	-	-	-	-	58.95	120.04
Other Long-Term Assets	107.09	42.12	90.24	61.55	-	-
Total Assets	4,249	4,231	4,371	4,847	4,417	4,323
Accounts Payable	120.78	130.96	91.59	83.62	95.62	21.14
Accrued Expenses	618.84	498.17	498.24	426.05	486.57	478.03
Current Portion of Long-Term Debt	-	100	175.8	712.5	-	-
Current Portion of Leases	76.42	86.12	54.21	20.78	41.98	44.88
Current Income Taxes Payable	385.31	364.2	325.69	158.8	126.18	106.5
Other Current Liabilities	-	11.01	45.85	49.1	35.18	65.39
Total Current Liabilities	1,201	1,190	1,191	1,451	785.52	715.94
Long-Term Debt	-	-	448.83	471.26	494.09	-
Long-Term Leases	81.31	150.68	78.17	79.17	80.37	129.99
Total Liabilities	1,870	1,900	2,269	2,582	1,918	1,377
Common Stock	1,880	1,880	1,880	1,880	1,880	1,880
Retained Earnings	498.53	451.49	222.03	384.71	619.18	1,066
Shareholders' Equity	2,379	2,331	2,102	2,265	2,499	2,946
Total Liabilities & Equity	4,249	4,231	4,371	4,847	4,417	4,323
Total Debt	157.73	336.79	757.01	1,284	616.43	174.87
Net Cash (Debt)	494.44	366.74	316.6	362.21	456.08	888.91
Net Cash Growth	32.70%	15.84%	-12.59%	-20.58%	-48.69%	44.56%
Net Cash Per Share	2.63	1.95	1.68	1.93	2.43	4.73
Filing Date Shares Outstanding	188	188	188	188	188	188
Total Common Shares Outstanding	188	188	188	188	188	188
Working Capital	1,412	1,445	1,676	1,877	1,966	1,681
Book Value Per Share	12.65	12.40	11.18	12.05	13.29	15.67
Tangible Book Value	1,649	1,585	1,326	1,452	1,650	2,061
Tangible Book Value Per Share	8.77	8.43	7.05	7.72	8.78	10.96
Land	-	27.46	27.46	27.46	27.46	27.46
Machinery	-	1,599	1,463	1,411	1,544	1,501
Construction In Progress	-	-	-	-	55.22	56.68
Leasehold Improvements	-	62.85	56.35	54.59	36.38	36.38

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