Investor Presentation 2021 slide image

Investor Presentation 2021

Solid Balance Sheet 42 SAR billion Total cash Mar. 2021 Dec. 2020 6.84 9.00 Total assets 124.46 121.97 Total liabilities 58.20 56.71 Total equity 65.07 63.95 Total debt Net Debt Debt/Equity Debt/ Assets 8.84 8.96 1.99 -0.05 13.58% 14.01% 7.10% 7.34% Working capital 13.73 12.97 Investor Presentation 2021 | stc group ā†’ The newly established international sukuk program was approved at the General Assembly meeting on 24th April 2019. This program is denominated in US Dollars not exceeding the amount of USD 5,000 million. During the second quarter 2019, stc Sukuk Company Ltd. (SPV established for the purpose of issuing sukuk), completed the first sukuk issuance under the Sukuk Program for USD 1,250 million (equivalent to SR 4,688), at USD 200 thousand par value, annual yield of 3.89% and a maturity of ten years. ā†’ stc group is considered one of the lowest leveraged telecom companies in the world (Debt/ EBITDA 0.38x) creating a debt capacity for the company that might be utilized for financing new projects/ acquisitions.
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