Development Works Food Company (TADAWUL: 6013)

Development Works Food 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	1.43	2.72	2.73	7.04	10	2.1
Cash & Short-Term Investments	1.43	2.72	2.73	7.04	10	2.1
Cash Growth	-55.52%	-0.22%	-61.29%	-29.57%	377.06%	-36.54%
Accounts Receivable	7.11	6.8	5.87	6.03	4.1	0.1
Other Receivables	-	0.6	0.59	1.05	0.9	0.78
Receivables	7.11	7.4	6.46	7.08	5	0.87
Inventory	4.84	5.23	5.69	7.02	5.78	9.81
Prepaid Expenses	6.76	1.87	1.5	4.07	4.4	4.92
Other Current Assets	-	4.56	8.54	6.55	4.16	9.15
Total Current Assets	20.14	21.78	24.92	31.78	29.35	26.84
Property, Plant & Equipment	54.13	59.07	52.56	66.74	82.46	105.13
Long-Term Investments	-	-	-	0.18	-	0.35
Other Intangible Assets	0.4	0.15	0.21	0.3	0.23	0.2
Total Assets	74.66	81	77.69	98.99	112.04	132.52
Accounts Payable	9.58	8.56	5.14	5.13	6.66	6.86
Accrued Expenses	5.01	5.43	4.75	4.65	1.73	3.23
Short-Term Debt	-	-	-	-	0.48	-
Current Portion of Long-Term Debt	5.33	8.59	11.14	13.91	6.11	3.06
Current Portion of Leases	5.78	12.04	10.94	12.43	11.65	13.85
Current Income Taxes Payable	0.32	0.25	0.28	0.3	0.23	0.27
Other Current Liabilities	-	0.32	0.51	1.13	2.25	0.83
Total Current Liabilities	26.02	35.2	32.77	37.55	29.1	28.1
Long-Term Debt	1.99	3.31	7.4	14.73	27.26	29.52
Long-Term Leases	16.59	14.81	5.83	11.93	23.47	34.17
Total Liabilities	47.16	55.82	48.07	65.93	81.13	93.6
Common Stock	30	30	30	30	25	12.5
Retained Earnings	-3.15	-4.66	-0.3	2.92	5.58	26.42
Comprensive Income & Other	0.34	-0.38	-0.42	-0.36	-0.06	-
Total Common Equity	27.19	24.96	29.28	32.56	30.52	38.92
Minority Interest	0.32	0.23	0.35	0.5	0.39	-
Shareholders' Equity	27.5	25.18	29.62	33.07	30.91	38.92
Total Liabilities & Equity	74.66	81	77.69	98.99	112.04	132.52
Total Debt	29.68	38.76	35.31	53	68.96	80.59
Net Cash (Debt)	-28.25	-36.04	-32.58	-45.95	-58.97	-78.5
Net Cash Per Share	-9.39	-12.01	-10.86	-15.32	-19.66	-26.17
Filing Date Shares Outstanding	2.96	3	3	3	3	3
Total Common Shares Outstanding	2.96	3	3	3	3	3
Working Capital	-5.89	-13.42	-7.85	-5.77	0.24	-1.26
Book Value Per Share	9.17	8.32	9.76	10.85	10.17	12.97
Tangible Book Value	26.79	24.8	29.06	32.27	30.29	38.72
Tangible Book Value Per Share	9.04	8.27	9.69	10.76	10.10	12.91
Machinery	-	32.47	32.65	30.49	30.15	34.51
Construction In Progress	-	1.42	1.33	2.17	2.38	-
Leasehold Improvements	-	41.64	38.9	37.5	35.61	42.97

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