Investor Presentaiton
28
Balance Sheet Summary
Balance Sheet Summary
YOY
% Change
In EGP Millions
FY 2014 FY 2013
Current Assets
9,493
11,067
-14.22%
Net Fixed Assets
11,070
11,151
-0.73%
Long-Term Investments
9,474
8,693
8.99%
Other Long-Term Assets
2,318
1,765
31.33%
Total Assets
32,355
32,675
-0.98%
Curent Liabilities (Exc. STD)
4,498
3,764
19.5%
Bank Short-Term Borrowings
0
0
CPLTD
84
107
-22.04%
Long-Term Debt
383
475
-19.51%
Other Non-Current Liabilities
3
12
-75.81%
Total Liabilities
4,967
4,359
13.95%
Total Equity & Minority Interest
27,388
28,316
-3.28%
Total Liabilities & Equity
32,355
32,675
-0.98%
Note: All financial figures reported are based on Consolidated financials under Egyptian Accounting Standards.
Current
Liabilities
Long Term
Investment
Net Fixed
Assets
Current Assets
FY 2014 Results
Decreased, due to the increase in cash and cash equivalent; mainly the
Interim dividends by EGP 736million., and some other fees amounted to
EGP 302 million paid to NATR.
The decrease in net carrying value of fixed assets is due to the depreciated
assets in the FY'14 period.
The FY 2014 period increased by 9% than FY 2013 figures, mainly due to the
increase in investments in associates ( i.e.: Vodafone Egypt). Its worth
mentioning, that there was no corresponding dividends distributed during the
period.
The FY 2014 period increased by 19.5%, mainly attributed to the increase of
creditors and other credit balance due to the projects of IP Core and MSAN.
teView entire presentation