Flynas Company Balance Sheet

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,663	1,700	1,450	1,188	297.56	435.41
Short-Term Investments	56.25	56.25	56.25	-	-	-
Cash & Short-Term Investments	1,719	1,757	1,507	1,188	297.56	435.41
Cash Growth	44.70%	16.58%	26.80%	299.35%	-31.66%	-
Accounts Receivable	270.06	250.14	307.89	149.55	104.54	128.55
Other Receivables	-	34.22	30.73	4.39	2.54	6.57
Receivables	270.06	284.37	338.63	153.94	107.09	135.11
Inventory	2.6	2.6	3.17	3.49	4.43	6.41
Prepaid Expenses	216.8	5.7	9.66	2.77	3.5	4.84
Other Current Assets	21.81	74.94	107.54	117.39	125.32	167.6
Total Current Assets	2,231	2,124	1,966	1,466	537.9	749.37
Property, Plant & Equipment	9,697	9,368	8,844	6,128	3,977	2,449
Long-Term Investments	-	-	-	0.02	0.02	0.02
Other Intangible Assets	2,000	2,000	2,000	2,000	2,000	2,000
Other Long-Term Assets	25.46	37.5	55.27	53.97	45.16	43.59
Total Assets	13,953	13,530	12,865	9,648	6,560	5,242
Accounts Payable	1,494	759.82	1,603	1,626	1,736	1,699
Accrued Expenses	-	617.86	-	-	-	-
Current Portion of Long-Term Debt	387.17	324.49	419.49	388.4	297.89	75
Current Portion of Leases	768.24	507.66	540.65	401.22	333	377.29
Current Income Taxes Payable	-	39.4	-	-	-	-
Current Unearned Revenue	549.32	424.97	335.19	195.69	193.45	253.35
Other Current Liabilities	303.54	439.06	308.94	100.75	-	-
Total Current Liabilities	3,502	3,113	3,207	2,712	2,561	2,405
Long-Term Debt	302.5	100.74	425.23	844.72	-	219.2
Long-Term Leases	5,000	5,306	4,984	3,230	2,766	1,491
Other Long-Term Liabilities	3,076	3,099	2,791	1,827	316.49	268.93
Total Liabilities	12,163	11,887	11,639	8,809	5,841	4,565
Common Stock	1,534	1,451	1,534	1,534	1,534	1,534
Retained Earnings	256.65	108.8	-308.13	-695.02	-815.52	-857.12
Comprehensive Income & Other	-	83.2	-	-	-	-
Shareholders' Equity	1,791	1,643	1,226	839.23	718.73	677.13
Total Liabilities & Equity	13,953	13,530	12,865	9,648	6,560	5,242
Total Debt	6,458	6,239	6,370	4,865	3,396	2,162
Net Cash (Debt)	-4,738	-4,482	-4,863	-3,677	-3,099	-1,727
Net Cash Per Share	-32.65	-30.89	-31.70	-25.34	-21.36	-
Filing Date Shares Outstanding	145.1	145.1	145.1	145.1	145.1	-
Total Common Shares Outstanding	145.1	145.1	145.1	145.1	145.1	-
Working Capital	-1,272	-989.07	-1,241	-1,246	-2,023	-1,655
Book Value Per Share	12.34	11.32	8.45	5.78	4.95	-
Tangible Book Value	-209.1	-356.95	-773.88	-1,161	-1,281	-1,323
Tangible Book Value Per Share	-1.44	-2.46	-5.33	-8.00	-8.83	-
Machinery	1,639	1,179	1,042	847.37	639.25	577.55
Construction In Progress	984.95	887.49	606.09	647.49	752.09	462.33
Leasehold Improvements	87.06	87.06	87.06	87.06	76.81	62.86

Source: S&P Global Market Intelligence. Standard template. Financial Sources.