Etihad Etisalat Company (TADAWUL:7020)

Etihad Etisalat Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,485	1,400	1,641	827.73	1,051	929.5
Short-Term Investments	2,435	1,786	2,128	2,014	1,000	300
Cash & Short-Term Investments	3,920	3,186	3,769	2,841	2,051	1,229
Cash Growth	20.59%	-15.47%	32.66%	38.55%	66.79%	-41.19%
Receivables	5,360	5,040	4,482	4,338	5,232	4,493
Inventory	177.57	212.99	150.76	109.05	107.73	73.33
Prepaid Expenses	-	58.53	69.49	46.06	39.99	41.31
Other Current Assets	1,191	998.33	1,103	791.3	654.31	639.67
Total Current Assets	10,648	9,496	9,574	8,125	8,085	6,476
Property, Plant & Equipment	21,424	18,851	19,012	22,211	23,110	23,642
Long-Term Investments	97.23	52.42	11.15	9.47	38.41	7.1
Goodwill	-	1,467	1,467	1,467	1,467	1,467
Other Intangible Assets	8,629	8,250	8,579	6,141	6,444	6,773
Long-Term Accounts Receivable	89.94	89.96	103.4	80.13	71.01	-
Long-Term Deferred Charges	1.88	4.28	28.67	29.16	116.93	-
Other Long-Term Assets	25.8	304.72	116.11	115.81	32.33	43.04
Total Assets	40,916	38,515	38,891	38,178	39,364	38,408
Accounts Payable	3,675	1,783	1,731	1,564	3,030	2,869
Accrued Expenses	3,875	3,282	3,078	2,873	2,561	1,714
Current Portion of Long-Term Debt	454.16	459.59	1,611	1,313	1,211	1,349
Current Portion of Leases	1,273	1,213	1,179	1,010	927.51	769.1
Current Income Taxes Payable	137.8	117.01	187.01	152.56	127.21	73.62
Current Unearned Revenue	594.03	831.15	785.83	694.96	737.61	1,086
Other Current Liabilities	1,803	2,726	2,699	2,457	2,488	3,123
Total Current Liabilities	11,813	10,412	11,271	10,065	11,083	10,985
Long-Term Debt	5,607	5,725	6,700	8,310	9,624	10,134
Long-Term Leases	2,183	2,062	2,045	2,211	2,193	1,836
Long-Term Unearned Revenue	314.07	321.51	280.65	280.52	216.56	103.14
Other Long-Term Liabilities	1,744	517.99	418.16	450.97	538.68	420.34
Total Liabilities	22,278	19,640	21,268	21,820	24,168	23,963
Common Stock	7,700	7,700	7,700	7,700	7,700	7,700
Retained Earnings	10,961	11,198	9,896	8,568	7,533	6,855
Comprehensive Income & Other	-23.62	-22.67	26.31	90.08	-36.99	-109.46
Total Common Equity	18,637	18,875	17,623	16,359	15,196	14,445
Shareholders' Equity	18,637	18,875	17,623	16,359	15,196	14,445
Total Liabilities & Equity	40,916	38,515	38,891	38,178	39,364	38,408
Total Debt	9,518	9,460	11,534	12,845	13,955	14,089
Net Cash (Debt)	-5,597	-6,274	-7,765	-10,004	-11,904	-12,859
Net Cash Per Share	-7.27	-8.15	-10.08	-12.99	-15.46	-16.70
Filing Date Shares Outstanding	770	770	770	770	770	770
Total Common Shares Outstanding	770	770	770	770	770	770
Working Capital	-1,165	-915.47	-1,697	-1,939	-2,998	-4,508
Book Value Per Share	24.20	24.51	22.89	21.24	19.74	18.76
Tangible Book Value	10,008	9,159	7,577	8,751	7,286	6,205
Tangible Book Value Per Share	13.00	11.89	9.84	11.36	9.46	8.06
Land	-	1,476	1,481	1,481	1,453	267.42
Buildings	-	-	-	-	-	1,207
Machinery	-	52,867	50,879	54,102	52,387	51,128
Construction In Progress	-	712.75	284.98	168.11	59.55	0.64
Leasehold Improvements	-	-	-	-	-	889.84

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.