National Environmental Recycling Company Balance Sheet

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	9.08	9.8	3.31	41.94	16.99	0.45
Cash & Short-Term Investments	9.08	9.8	3.31	41.94	16.99	0.45
Cash Growth	-52.92%	196.21%	-92.11%	146.86%	3657.63%	-
Accounts Receivable	55.68	53.13	38.75	32.96	10.74	5.15
Receivables	55.68	53.13	38.75	33.08	10.74	5.15
Inventory	103.7	96.73	68.21	43.45	15.74	11.79
Prepaid Expenses	30.99	1.04	3.22	3.04	0.48	0.17
Other Current Assets	-	51	20.2	14.74	5.73	0.43
Total Current Assets	199.45	211.7	133.69	136.25	49.69	18
Property, Plant & Equipment	141.13	112.97	82.28	34.46	16.72	16.54
Total Assets	340.58	324.67	215.96	170.71	66.41	34.53
Accounts Payable	17.53	21.85	6.91	6.72	2.68	0.16
Accrued Expenses	5.66	5.17	2.74	4.97	3.93	1.17
Short-Term Debt	75.1	63.29	16.73	-	-	-
Current Portion of Long-Term Debt	8.53	5.22	12.93	8.07	2.1	9.77
Current Portion of Leases	5.33	5.69	3.12	1.42	0.49	0.55
Current Income Taxes Payable	1.25	2.32	2.69	1.66	0.96	0.39
Other Current Liabilities	-	1.03	0.89	0.59	-	-
Total Current Liabilities	113.4	104.57	46.01	23.42	10.17	12.05
Long-Term Debt	7.56	9.9	4.1	5.84	7.44	8.54
Long-Term Leases	6.82	8.65	8.05	1.99	1.36	1.3
Total Liabilities	129.62	124.72	59.49	32.4	19.94	22.48
Common Stock	58.08	58.08	58.08	58.08	40	15
Additional Paid-In Capital	67.84	67.84	67.84	67.84	-	-
Retained Earnings	86.74	75.82	35.55	17.39	6.47	-2.95
Treasury Stock	-2	-2	-5	-5	-	-
Comprensive Income & Other	0.3	0.2	-	-	-	-
Shareholders' Equity	210.96	199.94	156.47	138.31	46.47	12.05
Total Liabilities & Equity	340.58	324.67	215.96	170.71	66.41	34.53
Total Debt	103.33	92.76	44.93	17.32	11.39	20.17
Net Cash (Debt)	-94.25	-82.96	-41.62	24.62	5.6	-19.71
Net Cash Growth	-	-	-	339.53%	-	-
Net Cash Per Share	-1.62	-1.43	-0.72	0.56	0.17	-1.31
Filing Date Shares Outstanding	56.08	56.08	57.58	43.66	40	15
Total Common Shares Outstanding	56.08	56.08	57.58	43.66	40	15
Working Capital	86.05	107.12	87.68	112.83	39.52	5.95
Book Value Per Share	3.76	3.57	2.72	3.17	1.16	0.80
Tangible Book Value	210.96	199.94	156.47	138.31	46.47	12.05
Tangible Book Value Per Share	3.76	3.57	2.72	3.17	1.16	0.80
Land	-	27.13	25.26	-	-	-
Machinery	-	24.88	22.24	27.48	16.95	16.11
Construction In Progress	-	51.94	28.13	6.47	0.41	0.06
Leasehold Improvements	-	6.46	4.52	4.29	2.91	2.25

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