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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	197.27	183.15	636.97	154.75	104.28	65.02
Trading Asset Securities	41.8	2.49	-	0.13	0.28	0.27
Cash & Short-Term Investments	242.27	185.64	636.97	154.87	104.56	65.29
Cash Growth	-22.00%	-70.86%	311.28%	48.12%	60.16%	-18.60%
Accounts Receivable	138.67	126.9	133.04	140.46	113.47	104.3
Other Receivables	-	7.89	5.75	13.16	9.17	111.72
Receivables	138.67	134.79	138.79	153.62	127.25	222.45
Inventory	119	108.78	82.57	51.58	42.17	57.46
Prepaid Expenses	99.4	41.25	44.37	32.32	7.43	17.12
Other Current Assets	1.57	51.36	47.42	31.76	66.96	32.02
Total Current Assets	600.91	521.83	950.13	424.16	348.37	394.34
Property, Plant & Equipment	4,769	4,383	4,146	2,639	2,444	1,938
Long-Term Investments	394.67	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	6.99	7.07	3.56	2.23	2.95	5.39
Other Long-Term Assets	159.79	159.79	89.48	-	-	-
Total Assets	6,424	5,964	6,092	3,257	2,987	2,527
Accounts Payable	835.79	802.08	777.66	350.08	145.28	114.59
Accrued Expenses	141.64	90.18	87.96	49.68	17.02	15.29
Short-Term Debt	50.06	-	30	5	99.41	105
Current Portion of Long-Term Debt	54.33	59.87	51.81	76.81	35	88.27
Current Portion of Leases	358.98	280.03	253.65	103.65	100.71	59.28
Current Income Taxes Payable	1.42	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	95.21	80.31	110.44	79.49	84.31	83.92
Total Current Liabilities	1,537	1,426	1,399	712.72	525.84	516.25
Long-Term Debt	1,478	1,330	1,561	537.43	532.48	387.9
Long-Term Leases	2,384	2,161	2,114	1,174	1,106	758.65
Total Liabilities	5,445	4,963	5,115	2,446	2,182	1,678
Common Stock	700	600	600	600	600	600
Retained Earnings	41.38	162.76	85.96	83.08	76.05	122.64
Comprensive Income & Other	106.73	112.25	129.88	128.85	128.7	126.85
Total Common Equity	848.11	875.01	815.84	811.94	804.75	849.49
Minority Interest	130.73	126.42	161.41	-	-	-
Shareholders' Equity	978.85	1,001	977.25	811.94	804.75	849.49
Total Liabilities & Equity	6,424	5,964	6,092	3,257	2,987	2,527
Total Debt	4,324	3,832	4,010	1,897	1,873	1,399
Net Cash (Debt)	-4,082	-3,646	-3,373	-1,742	-1,769	-1,334
Net Cash Per Share	-58.32	-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	-936.51	-904.44	-448.63	-288.57	-177.46	-121.91
Book Value Per Share	12.12	12.50	11.65	11.60	11.50	12.18
Tangible Book Value	348.92	375.73	316.93	805.39	797.5	839.79
Tangible Book Value Per Share	4.98	5.37	4.53	11.51	11.39	12.04
Land	780.34	799.16	773.36	457.06	457.06	419.8
Buildings	901.21	901.08	833.28	754.57	718.04	668.1
Machinery	605.33	544.79	472.29	320.77	271.61	236.48
Construction In Progress	184.91	90.69	184.13	88.82	65.74	60.72
Leasehold Improvements	568.05	537.21	355.51	237.56	173.09	141.39

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