Forafric Global Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	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	24.02	24.02	24.83	14.39	12.68	8.99
Cash & Short-Term Investments	24.02	24.02	24.83	14.39	12.68	8.99
Cash Growth	-3.25%	-3.25%	72.49%	13.48%	41.02%	-
Accounts Receivable	34.72	34.72	30.86	32.31	27.48	27.95
Other Receivables	25	25	49.63	25.23	9.93	10.93
Receivables	59.72	59.72	80.49	57.55	37.42	38.88
Inventory	28.38	28.38	27.22	37.56	26.55	14.86
Prepaid Expenses	0.64	0.64	1.45	0.25	-	-
Other Current Assets	8.48	8.48	9.59	7.8	5.92	1.56
Total Current Assets	121.24	121.24	143.57	117.55	82.56	64.29
Property, Plant & Equipment	130.31	130.31	110.96	125.84	106.26	102.74
Goodwill	48.49	48.49	45.9	51.57	48.07	44.67
Other Intangible Assets	4.65	4.65	3.72	3.98	0.36	0.45
Other Long-Term Assets	4.77	4.77	3.01	0.97	0.48	0.43
Total Assets	309.45	309.45	307.16	299.9	237.74	212.58
Accounts Payable	46.46	46.46	27.3	26.2	12.84	13.73
Accrued Expenses	3.7	3.7	5.26	4.42	3.27	4.43
Short-Term Debt	174.97	174.97	184.41	149.87	113.15	88.1
Current Portion of Long-Term Debt	8.84	8.84	3.42	7.84	3.89	3.95
Current Portion of Leases	1.63	1.63	2	3	3.48	3.39
Current Income Taxes Payable	5.58	5.58	5.52	8.65	8.14	-
Current Unearned Revenue	1.27	1.27	0.54	1.91	3.62	10.72
Other Current Liabilities	10.81	10.81	9.74	1.02	0.66	0.83
Total Current Liabilities	253.26	253.26	238.18	202.9	149.05	125.15
Long-Term Debt	10.49	10.49	10.73	26.18	9.04	131.83
Long-Term Leases	2.83	2.83	0.9	4.45	5.78	7.63
Long-Term Deferred Tax Liabilities	10.98	10.98	12.4	18.72	21.86	22.06
Other Long-Term Liabilities	2.68	2.68	-	-	-	-
Total Liabilities	280.24	280.24	262.21	252.25	185.74	286.66
Common Stock	0.03	0.03	0.06	0.02	120	0
Additional Paid-In Capital	143.13	143.13	143.66	119.98	-	-
Retained Earnings	-115.35	-115.35	-102.68	-83.55	-74.4	-74.62
Comprehensive Income & Other	-5.01	-5.01	-2.98	3.69	6.31	0.54
Total Common Equity	22.8	22.8	38.05	40.14	51.91	-74.08
Minority Interest	6.41	6.41	6.9	7.52	0.08	-
Shareholders' Equity	29.21	29.21	44.96	47.65	51.99	-74.08
Total Liabilities & Equity	309.45	309.45	307.16	299.9	237.74	212.58
Total Debt	198.77	198.77	201.46	191.34	135.35	234.89
Net Cash (Debt)	-174.75	-174.75	-176.63	-176.95	-122.67	-225.9
Net Cash Per Share	-6.50	-6.50	-6.64	-8.61	-198.01	-
Filing Date Shares Outstanding	26.88	26.88	26.88	120	120	-
Total Common Shares Outstanding	26.88	26.88	26.88	120	120	-
Working Capital	-132.02	-132.02	-94.61	-85.35	-66.49	-60.86
Book Value Per Share	0.85	0.85	1.42	0.33	0.43	-
Tangible Book Value	-30.34	-30.34	-11.57	-15.41	3.48	-119.2
Tangible Book Value Per Share	-1.13	-1.13	-0.43	-0.13	0.03	-
Land	25.39	25.39	23.99	25.14	23.13	23.13
Buildings	63.2	63.2	55.54	60.38	50.34	50.36
Machinery	63.28	63.28	51.37	56.28	34.9	34.68
Construction In Progress	10.35	10.35	8.46	5.42	1.28	1.36

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