Saudi Automotive Services Company (TADAWUL: 4050)

Saudi Automotive 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	157.58	183.15	636.97	154.75	104.28	65.02
Trading Asset Securities	40.6	2.49	-	0.13	0.28	0.27
Cash & Short-Term Investments	201.39	185.64	636.97	154.87	104.56	65.29
Cash Growth	26.09%	-70.86%	311.28%	48.12%	60.16%	-18.60%
Accounts Receivable	141.32	126.9	133.04	140.46	113.47	104.3
Other Receivables	-	7.89	5.75	13.16	9.17	111.72
Receivables	141.32	134.79	138.79	153.62	127.25	222.45
Inventory	122.72	108.78	82.57	51.58	42.17	57.46
Prepaid Expenses	119.05	41.25	44.37	32.32	7.43	17.12
Other Current Assets	0.98	51.36	47.42	31.76	66.96	32.02
Total Current Assets	585.45	521.83	950.13	424.16	348.37	394.34
Property, Plant & Equipment	4,731	4,383	4,146	2,639	2,444	1,938
Long-Term Investments	425.86	400.19	408.21	187.45	186.66	184.81
Goodwill	492.2	492.2	495.35	4.31	4.31	4.31
Other Intangible Assets	6.65	7.07	3.56	2.23	2.95	5.39
Other Long-Term Assets	159.79	159.79	89.48	-	-	-
Total Assets	6,401	5,964	6,092	3,257	2,987	2,527
Accounts Payable	907.7	802.08	777.66	350.08	145.28	114.59
Accrued Expenses	170.59	90.18	87.96	49.68	17.02	15.29
Short-Term Debt	-	-	30	5	99.41	105
Current Portion of Long-Term Debt	35.06	59.87	51.81	76.81	35	88.27
Current Portion of Leases	354.3	280.03	253.65	103.65	100.71	59.28
Current Income Taxes Payable	2.63	3.64	13.69	6.3	5.59	4.57
Current Unearned Revenue	-	110.16	73.56	41.7	38.53	45.32
Other Current Liabilities	49.61	80.31	110.44	79.49	84.31	83.92
Total Current Liabilities	1,520	1,426	1,399	712.72	525.84	516.25
Long-Term Debt	1,586	1,330	1,561	537.43	532.48	387.9
Long-Term Leases	2,281	2,161	2,114	1,174	1,106	758.65
Total Liabilities	5,434	4,963	5,115	2,446	2,182	1,678
Common Stock	700	600	600	600	600	600
Retained Earnings	35.14	162.76	85.96	83.08	76.05	122.64
Comprehensive Income & Other	107.1	112.25	129.88	128.85	128.7	126.85
Total Common Equity	842.24	875.01	815.84	811.94	804.75	849.49
Minority Interest	123.89	126.42	161.41	-	-	-
Shareholders' Equity	966.13	1,001	977.25	811.94	804.75	849.49
Total Liabilities & Equity	6,401	5,964	6,092	3,257	2,987	2,527
Total Debt	4,256	3,832	4,010	1,897	1,873	1,399
Net Cash (Debt)	-4,055	-3,646	-3,373	-1,742	-1,769	-1,334
Net Cash Per Share	-57.92	-52.09	-48.19	-24.89	-25.31	-19.05
Filing Date Shares Outstanding	70	70	70	70	70	69.76
Total Common Shares Outstanding	70	70	70	70	70	69.76
Working Capital	-934.44	-904.44	-448.63	-288.57	-177.46	-121.91
Book Value Per Share	12.03	12.50	11.65	11.60	11.50	12.18
Tangible Book Value	343.39	375.73	316.93	805.39	797.5	839.79
Tangible Book Value Per Share	4.91	5.37	4.53	11.51	11.39	12.04
Land	788.4	799.16	773.36	457.06	457.06	419.8
Buildings	899.37	901.08	833.28	754.57	718.04	668.1
Machinery	679.71	544.79	472.29	320.77	271.61	236.48
Construction In Progress	183.5	90.69	184.13	88.82	65.74	60.72
Leasehold Improvements	590.02	537.21	355.51	237.56	173.09	141.39

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