Spinneys 1961 Holding Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	105.87	60.17	354.06	39.67	17.97
Short-Term Investments	582	476	-	-	150
Cash & Short-Term Investments	687.87	536.17	354.06	39.67	167.97
Cash Growth	24.28%	51.43%	792.49%	-76.38%	-
Accounts Receivable	67.94	33.32	36.12	19.68	28.61
Other Receivables	5.87	8.99	6.42	414.3	348.87
Receivables	73.81	42.31	42.54	433.98	377.47
Inventory	136.35	157.11	133.16	123.08	119.33
Prepaid Expenses	-	11.71	14.59	13.62	14.87
Other Current Assets	5.92	4.84	8.85	3.54	3.65
Total Current Assets	903.95	752.13	553.19	613.89	683.29
Property, Plant & Equipment	1,317	1,350	1,217	826.59	873.61
Goodwill	-	-	-	7.36	10.4
Other Intangible Assets	34	34	34	-	-
Long-Term Deferred Tax Assets	1.11	1.1	1.25	1.29	1.28
Other Long-Term Assets	56.33	56.05	50.15	33.55	32.43
Total Assets	2,313	2,193	1,856	1,483	1,601
Accounts Payable	728.28	424.95	482.31	355.56	439.61
Accrued Expenses	-	276.35	246.12	213.77	205.99
Current Portion of Long-Term Debt	0.82	0.75	0.76	0.72	0.81
Current Portion of Leases	178.24	173.66	143.83	149.81	145.82
Current Income Taxes Payable	63.07	31.88	0.46	0.24	0.06
Other Current Liabilities	-	-	0.01	18.86	37.51
Total Current Liabilities	970.42	907.59	873.5	738.95	829.79
Long-Term Debt	5.61	5.51	6.36	6.74	8.37
Long-Term Leases	865.61	886.74	779.32	630.19	656.78
Other Long-Term Liabilities	18.25	14.59	14.31	7.59	6.43
Total Liabilities	1,943	1,894	1,742	1,449	1,569
Common Stock	36	36	36	-	-
Retained Earnings	346.12	272.6	70.93	25.63	30.07
Comprehensive Income & Other	7.58	6.93	8.44	8.27	1.81
Total Common Equity	389.69	315.54	115.37	33.9	31.88
Minority Interest	-20.45	-16.32	-1.69	-	-
Shareholders' Equity	369.24	299.22	113.68	33.9	31.88
Total Liabilities & Equity	2,313	2,193	1,856	1,483	1,601
Total Debt	1,050	1,067	930.27	787.47	811.77
Net Cash (Debt)	-362.42	-530.48	-576.21	-747.8	-643.8
Net Cash Per Share	-0.10	-0.15	-0.16	-	-
Filing Date Shares Outstanding	3,600	3,600	3,600	-	-
Total Common Shares Outstanding	3,600	3,600	3,600	-	-
Working Capital	-66.47	-155.46	-320.31	-125.06	-146.5
Book Value Per Share	0.11	0.09	0.03	-	-
Tangible Book Value	355.69	281.54	81.37	26.54	21.48
Tangible Book Value Per Share	0.10	0.08	0.02	-	-
Land	75.43	74.15	74.36	13.17	14.76
Buildings	157.62	156.62	156.78	10.22	11.46
Machinery	421.75	400.44	369.66	354.79	343.29
Construction In Progress	8.76	7.93	15.56	9.87	4.06
Leasehold Improvements	520.82	502.29	444.33	377.84	355.93

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.