Investor Presentaiton
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Intensive balance sheet restructuring
Alhokair continues to rationalize inventory balances. Shrinkage and ageing
provisions to be in line with guidance of c.1-2% of sales
Phase
Q4-FY2020
Q1-FY2021
Q4-FY2020
Q1-FY2021
Q2-FY2021
Target
Asset impairments
Mark to market - Legacy ageing stock provisions
I
Income statement impact
SAR 239.4 million
SAR 702.7 million
Accumulated shrinkage - 35% of no. of stores
SAR 124 million
Q3-FY2021
Accumulated shrinkage - 75% of no. of stores
SAR 91.5 million
Q4-FY2021
Accumulated shrinkage – 95% no. of stores
SAR 56,9 million
Q1-FY2022
Accumulated shrinkage - 100% of no. of stores
SAR 20.0 million
Q2-FY2022
Accumulated shrinkage & Ageing
SAR 19.1 million
Q3-FY2022
Fawaz Abdulaziz Alhokair Co.
Accumulated shrinkage & Ageing
Investor Presentation
SAR 24.7 million
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