Saudi Telecom Company (TADAWUL: 7010)

Saudi Telecom 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	18,006	13,414	17,794	8,281	9,004	8,031
Short-Term Investments	15,999	25,492	10,753	9,880	10,974	2,558
Cash & Short-Term Investments	34,004	38,906	28,547	18,161	19,978	10,589
Cash Growth	20.13%	36.29%	57.18%	-9.09%	88.67%	-54.61%
Accounts Receivable	31,076	28,883	29,803	30,590	20,500	26,351
Other Receivables	-	-	-	-	1,284	1,815
Receivables	31,076	28,883	29,803	30,590	21,784	28,166
Inventory	1,310	1,905	1,023	917.51	1,009	1,722
Other Current Assets	18,400	1,530	1,418	1,799	3,088	4,365
Total Current Assets	84,791	71,224	60,790	51,468	45,859	44,841
Property, Plant & Equipment	41,303	51,904	49,675	50,157	50,740	47,973
Long-Term Investments	19,364	16,840	13,472	14,220	13,595	13,942
Goodwill	-	5,189	298.17	117.83	142.72	143.04
Other Intangible Assets	13,868	12,093	11,477	10,617	10,324	9,764
Long-Term Accounts Receivable	1,361	1,445	1,176	535.81	457.66	648.07
Long-Term Deferred Charges	-	-	-	521.37	637.47	922.92
Other Long-Term Assets	1,167	988.15	331.76	142.19	216.64	91.85
Total Assets	161,852	159,683	137,220	127,779	121,972	118,326
Accounts Payable	17,674	4,875	4,547	4,029	4,429	7,544
Accrued Expenses	-	13,519	12,890	9,578	11,278	9,747
Short-Term Debt	-	2,710	2,341	1,914	2,627	-
Current Portion of Long-Term Debt	227.72	8,316	276.78	1,457	318.49	389.34
Current Portion of Leases	536.83	947.7	912.91	869.57	742.19	716.76
Current Income Taxes Payable	2,450	2,633	2,085	1,834	1,904	1,482
Current Unearned Revenue	4,073	4,581	4,671	3,592	1,901	2,918
Other Current Liabilities	24,573	10,489	8,677	10,289	9,691	9,809
Total Current Liabilities	49,534	48,071	36,400	33,561	32,891	32,607
Long-Term Debt	15,098	13,642	10,214	7,847	8,638	8,923
Long-Term Leases	1,476	3,252	2,383	2,354	2,238	2,164
Long-Term Unearned Revenue	1,176	1,111	771.92	771.92	771.92	771.92
Other Long-Term Liabilities	7,176	6,834	6,554	6,394	6,927	5,992
Total Liabilities	79,909	78,168	61,194	56,393	56,705	55,271
Common Stock	50,000	50,000	50,000	20,000	20,000	20,000
Retained Earnings	27,737	27,472	22,171	47,985	47,508	44,508
Treasury Stock	-517.35	-612.53	-703.84	-286.56	-300	-
Comprehensive Income & Other	2,064	2,125	2,032	1,572	-3,262	-2,746
Total Common Equity	79,283	78,985	73,500	69,271	63,946	61,763
Minority Interest	2,661	2,530	2,526	2,115	1,321	1,292
Shareholders' Equity	81,944	81,515	76,026	71,386	65,267	63,055
Total Liabilities & Equity	161,852	159,683	137,220	127,779	121,972	118,326
Total Debt	17,339	28,867	16,127	14,440	14,563	12,194
Net Cash (Debt)	16,666	10,039	12,420	3,721	5,415	-1,605
Net Cash Growth	633.33%	-19.17%	233.75%	-31.28%	-	-
Net Cash Per Share	3.34	2.01	2.48	0.74	1.08	-0.32
Filing Date Shares Outstanding	4,987	4,985	4,982	4,993	4,993	5,000
Total Common Shares Outstanding	4,987	4,985	4,982	4,993	4,993	5,000
Working Capital	35,256	23,153	24,390	17,908	12,968	12,235
Book Value Per Share	15.90	15.85	14.75	13.87	12.81	12.35
Tangible Book Value	65,415	61,703	61,725	58,536	53,479	51,856
Tangible Book Value Per Share	13.12	12.38	12.39	11.72	10.71	10.37
Land	-	1,898	2,207	2,204	2,204	2,203
Buildings	-	13,617	12,890	14,213	13,402	13,121
Construction In Progress	-	3,536	3,563	2,674	4,419	4,790

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