Etihad Etisalat Company (TADAWUL: 7020)

Etihad Etisalat 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	1,833	1,654	827.73	1,051	929.5	1,252
Short-Term Investments	942.54	2,128	2,014	1,000	300	839
Cash & Short-Term Investments	2,775	3,782	2,841	2,051	1,229	2,091
Cash Growth	-8.28%	33.12%	38.55%	66.79%	-41.19%	2.84%
Receivables	5,762	4,482	4,338	5,232	4,493	3,466
Inventory	181.1	150.76	109.05	107.73	73.33	104.75
Prepaid Expenses	-	69.49	46.06	39.99	41.31	59.97
Other Current Assets	1,054	1,016	791.3	654.31	639.67	790.68
Total Current Assets	9,772	9,500	8,125	8,085	6,476	6,512
Property, Plant & Equipment	20,807	21,742	22,211	23,110	23,642	24,030
Long-Term Investments	46.43	11.15	9.47	38.41	7.1	7.64
Goodwill	-	1,467	1,467	1,467	1,467	1,467
Other Intangible Assets	7,047	5,849	6,141	6,444	6,773	7,100
Long-Term Accounts Receivable	85.64	103.4	80.13	71.01	-	-
Long-Term Deferred Charges	24.86	28.67	29.16	116.93	-	-
Other Long-Term Assets	50.18	116.11	115.81	32.33	43.04	99.47
Total Assets	37,833	38,817	38,178	39,364	38,408	39,216
Accounts Payable	2,807	1,657	1,564	3,030	2,869	3,174
Accrued Expenses	3,797	3,078	2,873	2,561	1,714	1,442
Current Portion of Long-Term Debt	470.63	1,611	1,313	1,211	1,349	1,157
Current Portion of Leases	1,246	1,179	1,010	927.51	769.1	651.97
Current Income Taxes Payable	124.17	187.01	152.56	127.21	73.62	76.36
Current Unearned Revenue	727.89	785.83	694.96	737.61	1,086	1,110
Other Current Liabilities	1,666	2,699	2,457	2,488	3,123	3,755
Total Current Liabilities	10,839	11,197	10,065	11,083	10,985	11,367
Long-Term Debt	5,839	6,700	8,310	9,624	10,134	11,228
Long-Term Leases	1,967	2,045	2,211	2,193	1,836	1,857
Long-Term Unearned Revenue	329.11	280.65	280.52	216.56	103.14	144.67
Other Long-Term Liabilities	375.76	418.16	450.97	538.68	420.34	430.32
Total Liabilities	19,942	21,195	21,820	24,168	23,963	25,465
Common Stock	7,700	7,700	7,700	7,700	7,700	7,700
Retained Earnings	10,213	9,896	8,568	7,533	6,855	6,118
Comprehensive Income & Other	-21.93	26.31	90.08	-36.99	-109.46	-66.85
Total Common Equity	17,891	17,623	16,359	15,196	14,445	13,751
Shareholders' Equity	17,891	17,623	16,359	15,196	14,445	13,751
Total Liabilities & Equity	37,833	38,817	38,178	39,364	38,408	39,216
Total Debt	9,523	11,534	12,845	13,955	14,089	14,894
Net Cash (Debt)	-6,748	-7,752	-10,004	-11,904	-12,859	-12,803
Net Cash Per Share	-8.76	-10.07	-12.99	-15.46	-16.70	-16.63
Filing Date Shares Outstanding	770	770	770	770	770	770
Total Common Shares Outstanding	770	770	770	770	770	770
Working Capital	-1,066	-1,697	-1,939	-2,998	-4,508	-4,855
Book Value Per Share	23.24	22.89	21.24	19.74	18.76	17.86
Tangible Book Value	10,844	10,307	8,751	7,286	6,205	5,185
Tangible Book Value Per Share	14.08	13.39	11.36	9.46	8.06	6.73
Land	-	1,481	1,481	1,453	267.42	273.19
Buildings	-	-	-	-	1,207	1,215
Machinery	-	50,879	54,102	52,387	51,128	48,558
Construction In Progress	-	284.98	168.11	59.55	0.64	0.64
Leasehold Improvements	-	-	-	-	889.84	852.73

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