Investor Presentaiton
Balance Sheet
USD million
ASSETS
Non-current assets
Property, plant and equipment
Goodwill
31 Dec 2021
31 Dec 2020
Results Commentary
199.2
177.2
13.8
13.8
Trade and other receivables
46.8
47.0
Equity accounted investees
426.4
419.4
Deferred tax assets
41.1
Total non-current assets
727.3
696.4
Current assets
Inventories
307.3
288.1
Trade and other receivables
1,462.4
1,473.2
Contracts work in progress
1,099.5
854.5
Current income tax receivables
0.2
2.5
Cash and cash equivalents
505.7
473.8
Total current assets
3,375.1
TOTAL ASSETS
4,102.4
3,092.1
3,788.5
39.0
Non-current assets
Total investment in associates includes BESIX at an equity
value of USD 388.9 million
Current assets:
■
Trade and other receivables as of 31 Dec 2021 include
USD 653.1 million in accounts receivables, USD 305.9
million in retentions and USD 281.0 million in supplier
advance payments
55% of gross trade receivables as of 31 Dec 2021 are not
yet due
Contracts work in progress should be assessed along with
advance payments
ORASCOM Note: Figures are based on audited financials; full financial statements are available on the corporate website
CONSTRUCTION
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