Income Statement International Holding Company

Equities

IHC

AEI000201014

Consumer Goods Conglomerates

Delayed Abu Dhabi Securities Exchange Other stock markets 03:03:14 2024-09-18 EDT			5-day change	1st Jan Change
410.90 ^AED	-0.02%		-0.27%	+2.85%

09-17	Palms Sports Extends Training Services Contract with UAE	MT
09-13	UAE Equities End Friday in Green Ahead of US Fed Decision Next Week	MT

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Published financial data: INTERNATIONAL HOLDING COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.26B	7.05B	28.56B	50.95B	60.09B
Total Revenues	1.26B	7.05B	28.56B	50.95B	60.09B
Cost of Goods Sold, Total	920M	4.56B	18.34B	38.42B	47.13B
Gross Profit	339M	2.48B	10.22B	12.52B	12.95B
Selling General & Admin Expenses, Total	161M	523M	2.37B	8.22B	6.47B
Other Operating Expenses, Total	161M	523M	2.37B	8.22B	6.47B
Operating Income	178M	1.96B	7.85B	4.3B	6.49B
Interest Expense, Total	-13.96M	-42.78M	-163M	-1.15B	-2.25B
Interest And Investment Income	38.81M	202M	977M	840M	1.93B
Net Interest Expenses	24.85M	159M	814M	-312M	-317M
Income (Loss) On Equity Invest.	4.78M	948M	672M	416M	13.23B
Currency Exchange Gains (Loss)	-	-	-	-819M	-57.4M
Other Non Operating Income (Expenses)	-	-17.82M	-25.78M	2.21B	2.8B
EBT, Excl. Unusual Items	208M	3.05B	9.31B	5.79B	22.15B
Merger & Related Restructuring Charges	-	-870K	-	-	-39.03M
Gain (Loss) On Sale Of Investments	5.5M	8.69M	2.26B	25.06B	2.5B
Gain (Loss) On Sale Of Assets	36K	3.3M	52.33M	446M	9.15B
Asset Writedown	-	-50.32M	-49.62M	-818M	-35.51M
Other Unusual Items	293M	6.63M	12.66M	2.18B	94.32M
EBT, Incl. Unusual Items	506M	3.01B	11.59B	32.66B	33.81B
Income Tax Expense	575K	379K	12.62M	88.87M	856M
Earnings From Continuing Operations	506M	3.01B	11.58B	32.57B	32.95B
Net Income to Company	506M	3.01B	11.58B	32.57B	32.95B
Minority Interest	-65K	-146M	-4.24B	-19.92B	-5.43B
Net Income - (IS)	506M	2.87B	7.34B	12.65B	27.52B
Net Income to Common Incl Extra Items	506M	2.87B	7.34B	12.65B	27.52B
Net Income to Common Excl. Extra Items	506M	2.87B	7.34B	12.65B	27.52B
Per Share Items
Net EPS - Basic	0.43	1.58	4.03	6.81	12.55
Basic EPS - Continuing Operations	0.43	1.58	4.03	6.81	12.55
Basic Weighted Average Shares Outstanding	1.17B	1.82B	1.82B	1.86B	2.19B
Net EPS - Diluted	0.43	1.58	4.03	6.81	12.55
Diluted EPS - Continuing Operations	0.43	1.58	4.03	6.81	12.55
Diluted Weighted Average Shares Outstanding	1.17B	1.82B	1.82B	1.86B	2.19B
Normalized Basic EPS	0.11	0.97	0.87	-8.77	3.83
Normalized Diluted EPS	0.11	0.97	0.87	-8.77	3.83
Payout Ratio	-	-	-	0.41	0.38
Supplemental Items
EBITDA	211M	2.17B	8.67B	6.71B	9.31B
EBITA	189M	2.03B	7.96B	4.55B	6.76B
EBIT	178M	1.96B	7.85B	4.3B	6.49B
EBITDAR	-	-	-	-	9.58B
Effective Tax Rate - (Ratio)	0.11	0.01	0.11	0.27	2.53
Total Current Taxes	119K	-587K	11.91M	135M	133M
Total Deferred Taxes	456K	966K	708K	-46.23M	723M
Normalized Net Income	130M	1.76B	1.58B	-16.3B	8.41B
Interest Capitalized	2.1M	2.46M	-	8.48M	6.34M
Interest on Long-Term Debt	3.69M	15.45M	33.38M	110M	109M
Non-Cash Pension Expense	5.12M	39.62M	-	276M	336M
Supplemental Operating Expense Items
Marketing Expenses	13.62M	16.65M	32.26M	457M	272M
Selling and Marketing Expenses	41.64M	46.5M	139M	591M	524M
General and Administrative Expenses	120M	477M	2.23B	7.63B	5.94B
Net Rental Expense, Total	-	-	-	-	270M
Imputed Operating Lease Interest Expense	-	-	-	-	104M
Imputed Operating Lease Depreciation	-	-	-	-	166M
Stock-Based Comp., G&A Exp. (Total)	-	79.71M	46M	-	-
Total Stock-Based Compensation	-	79.71M	46M	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.31B	3.67B	20.25B	37.23B	33.92B
Short Term Investments	61.85M	91.74M	956M	35B	43.04B
Trading Asset Securities, Total	-	623M	9.1B	41.75M	24.6M
Total Cash And Short Term Investments	1.37B	4.38B	30.3B	72.27B	76.99B
Accounts Receivable, Total	590M	2.43B	14.22B	22.6B	25.46B
Other Receivables	5.44M	32.85M	7.24M	2.98B	126M
Notes Receivable	-	-	6.2M	1.2M	5.7M
Total Receivables	596M	2.46B	14.23B	25.58B	25.59B
Inventory	138M	1.13B	2.25B	19.37B	24.43B
Prepaid Expenses	9.04M	42.18M	370M	948M	1.21B
Other Current Assets, Total	156M	1.38B	6.98B	8.91B	8.73B
Total Current Assets	2.27B	9.4B	54.13B	127B	137B
Gross Property Plant And Equipment	1.4B	2.32B	17.99B	41.55B	40.49B
Accumulated Depreciation	-88.69M	-663M	-7.71B	-19.09B	-17.53B
Net Property Plant And Equipment	1.31B	1.66B	10.28B	22.46B	22.96B
Long-term Investments	50.51M	886M	13.25B	34.48B	59.91B
Goodwill	30.78M	139M	885M	5.22B	5.8B
Other Intangibles, Total	321M	369M	1.56B	6.4B	4.15B
Accounts Receivable Long-Term	-	272M	861M	2.6B	2.76B
Loans Receivable Long-Term	1.77M	1.2M	20M	-	617M
Deferred Tax Assets Long-Term	1.14M	38K	16.94M	106M	136M
Other Long-Term Assets, Total	328K	1.29B	7.98B	29.71B	31B
Total Assets	3.98B	14.01B	88.98B	228B	264B
Liabilities
Accounts Payable, Total	761M	1.54B	6.49B	9.6B	8.17B
Accrued Expenses, Total	240M	-	-	5.11B	5.41B
Short-term Borrowings	40.45M	35.89M	-	405M	1.09B
Current Portion of Long-Term Debt	77.48M	147M	2.67B	2.12B	5.32B
Current Portion of Leases	8.83M	15.95M	118M	258M	256M
Unearned Revenue Current, Total	5.8M	392M	2.76B	12.41B	16.2B
Other Current Liabilities	34.54M	2.78B	12.23B	22.26B	18.82B
Total Current Liabilities	1.17B	4.91B	24.27B	52.16B	55.26B
Long-Term Debt	327M	743M	6.79B	37.52B	42.19B
Long-Term Leases	76.13M	72.56M	877M	2.81B	1.9B
Unearned Revenue Non Current	60.91M	-	83.66M	1.47B	1.08B
Pension & Other Post Retirement Benefits	49.54M	115M	810M	2.77B	1.52B
Deferred Tax Liability Non Current	1.6M	795K	1.88M	65.15M	875M
Other Non Current Liabilities	101M	345M	118M	1.86B	4.72B
Total Liabilities	1.78B	6.19B	32.95B	98.67B	108B
Common Stock, Total	1.82B	1.82B	1.82B	2.19B	2.19B
Additional Paid In Capital	-	-	-	152B	940M
Retained Earnings	563M	3.48B	8.24B	23.8B	74.79B
Comprehensive Income and Other	-212M	2.17B	17.03B	-108B	19.13B
Total Common Equity	2.17B	7.47B	27.09B	69.68B	97.05B
Minority Interest	22.43M	353M	28.94B	59.69B	59.68B
Total Equity	2.19B	7.82B	56.03B	129B	157B
Total Liabilities And Equity	3.98B	14.01B	88.98B	228B	264B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.82B	1.82B	1.82B	2.19B	2.19B
ECS Total Common Shares Outstanding	1.82B	1.82B	1.82B	2.19B	2.19B
Book Value / Share	1.19	4.1	14.88	30.94	43.42
Tangible Book Value	1.82B	6.96B	24.65B	58.06B	87.11B
Tangible Book Value Per Share	1	3.82	13.54	25.64	38.88
Total Debt	530M	1.01B	10.46B	43.12B	50.75B
Net Debt	-837M	-3.36B	-19.84B	-29.16B	-26.23B
Debt Equivalent Oper. Leases	-	-	-	-	2.16B
Minority Interest, Total (Incl. Fin. Div)	22.43M	353M	28.94B	59.69B	59.68B
Equity Method Investments, Total	7.33M	439M	12.1B	7.65B	38.06B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	9.09M	28.28M	76.98M	189M	290M
Inventories - Work In Process, Total	-	722M	1.35B	6.39B	9.19B
Inventories - Finished Goods, Total	130M	395M	503M	12.6B	14.26B
Inventories - Others	751K	11.44M	601M	677M	803M
Land - (BS)	-	114M	385M	342M	415M
Buildings, Total	246M	509M	3B	15.02B	15.52B
Machinery, Total	853M	1.32B	12.05B	20.94B	18.99B
Accumulated Allowance for Doubtful Accounts (Supple)	31.22M	286M	301M	466M	737M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	506M	2.87B	7.34B	12.65B	27.52B
Depreciation & Amortization - CF	24.23M	158M	781M	2.38B	2.83B
Amortization of Goodwill and Intangible Assets - (CF)	10.94M	68.1M	114M	250M	278M
Depreciation & Amortization, Total	35.17M	226M	895M	2.63B	3.11B
Amortization of Deferred Charges, Total - (CF)	-	-	10.8M	64.74M	75.42M
(Gain) Loss From Sale Of Asset	-153M	-3.3M	-8.48M	-460M	-9B
(Gain) Loss on Sale of Investments - (CF)	-6.75M	-8.69M	-2.35B	-24.76B	-2.5B
Asset Writedown & Restructuring Costs	539K	50.32M	49.72M	732M	-61.6M
(Income) Loss On Equity Investments - (CF)	-4.78M	-948M	-672M	-424M	-13.23B
Stock-Based Compensation (CF)	-	79.71M	46M	-	-
Provision and Write-off of Bad Debts	8.48M	30M	-56.53M	181M	80.2M
Net Cash From Discontinued Operations	-	-	-	15.63M	-
Other Operating Activities, Total	-312M	44.56M	4.21B	18.3B	5.21B
Change In Accounts Receivable	144M	-1.11B	-959K	-800M	-9.32B
Change In Inventories	-41.54M	-200M	21.28M	45.91M	-2B
Change In Accounts Payable	73.9M	946M	1.66B	8.11B	2.99B
Change in Unearned Revenues	-	-	-	-	5.99B
Change in Other Net Operating Assets	71.57M	439M	1.55B	1.15B	-1.57B
Cash from Operations	322M	2.42B	12.7B	17.44B	7.31B
Capital Expenditure	-78.56M	-214M	-932M	-5.36B	-4.24B
Sale of Property, Plant, and Equipment	36K	4.98M	26.67M	435M	645M
Cash Acquisitions	534M	232M	4.39B	11.06B	-2.27B
Divestitures	-	110M	2.32B	3.63B	-5.5B
Sale (Purchase) of Real Estate properties	250M	-224M	-84.7M	-5.02B	-1.4B
Sale (Purchase) of Intangible assets	-322K	-6.98M	-28.04M	-92.17M	-146M
Investment in Marketable and Equity Securities, Total	162M	-625M	-3.96B	-32.1B	-4.13B
Other Investing Activities, Total	18.86M	601M	758M	-6.04B	-749M
Cash from Investing	886M	-124M	2.5B	-33.49B	-17.79B
Long-Term Debt Issued, Total	-	-	-	22.41B	7.22B
Total Debt Issued	-	-	-	22.41B	7.22B
Short Term Debt Repaid, Total	-3.14M	-	-	-	-
Long-Term Debt Repaid, Total	-7.49M	-110M	-1.31B	-279M	-378M
Total Debt Repaid	-10.64M	-110M	-1.31B	-279M	-378M
Issuance of Common Stock	-	-	6M	689M	-
Common Dividends Paid	-	-	-	-51.64M	-103M
Common & Preferred Stock Dividends Paid	-	-	-	-51.64M	-103M
Other Financing Activities, Total	-3.78M	-	1.66B	-1.54B	-2.89B
Cash from Financing	-14.42M	-110M	358M	21.22B	3.85B
Foreign Exchange Rate Adjustments	-287K	-5.89M	-5.51M	991M	70.78M
Net Change in Cash	1.19B	2.18B	15.55B	6.17B	-6.56B
Supplemental Items
Cash Interest Paid	13.96M	50.3M	158M	1.1B	2.17B
Cash Income Tax Paid (Refund)	-	78K	15.44M	126M	121M
Levered Free Cash Flow	328M	838M	2.74B	-3.85B	-4.52B
Unlevered Free Cash Flow	337M	865M	2.84B	-3.14B	-3.12B
Change In Net Working Capital	-269M	444M	2.05B	3.06B	5.97B
Net Debt Issued / Repaid	-10.64M	-110M	-1.31B	22.13B	6.84B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.67	13.61	9.53	1.7	1.65
Return on Total Capital	6.66	21.17	13.03	2.25	2.13
Return On Equity %	36.36	60.19	36.26	35.14	23.04
Return on Common Equity	36.77	59.51	42.47	26.15	33.02
Margin Analysis
Gross Profit Margin %	26.95	35.22	35.79	24.58	21.56
SG&A Margin	12.81	7.43	8.31	16.14	10.76
EBITDA Margin %	16.79	30.76	30.35	13.16	15.5
EBITA Margin %	15.01	28.76	27.88	8.93	11.26
EBIT Margin %	14.14	27.79	27.48	8.44	10.79
Income From Continuing Operations Margin %	40.16	42.78	40.53	63.93	54.84
Net Income Margin %	40.15	40.71	25.69	24.84	45.8
Net Avail. For Common Margin %	40.15	40.71	25.69	24.84	45.8
Normalized Net Income Margin	10.3	24.96	5.53	-31.99	14
Levered Free Cash Flow Margin	26.07	11.89	9.6	-7.56	-7.52
Unlevered Free Cash Flow Margin	26.76	12.27	9.95	-6.17	-5.19
Asset Turnover
Asset Turnover	0.53	0.78	0.55	0.32	0.24
Fixed Assets Turnover	1.83	4.76	4.79	3.11	2.65
Receivables Turnover (Average Receivables)	3.11	4.67	3.42	2.77	2.5
Inventory Turnover (Average Inventory)	10.52	7.21	10.99	3.55	2.15
Short Term Liquidity
Current Ratio	1.94	1.91	2.23	2.44	2.48
Quick Ratio	1.68	1.39	1.84	1.88	1.86
Operating Cash Flow to Current Liabilities	0.28	0.49	0.52	0.33	0.13
Days Sales Outstanding (Average Receivables)	117.37	78.43	106.64	131.89	145.95
Days Outstanding Inventory (Average Inventory)	34.71	50.77	33.2	102.69	169.59
Average Days Payable Outstanding	150.14	61.38	73.18	55.28	62.11
Cash Conversion Cycle (Average Days)	1.94	67.82	66.67	179.3	253.44
Long Term Solvency
Total Debt/Equity	24.14	12.97	18.66	33.33	32.38
Total Debt / Total Capital	19.45	11.48	15.73	25	24.46
LT Debt/Equity	18.36	10.43	13.69	31.18	28.13
Long-Term Debt / Total Capital	14.79	9.23	11.54	23.38	21.25
Total Liabilities / Total Assets	44.83	44.18	37.03	43.27	40.69
EBIT / Interest Expense	12.76	45.78	48.08	3.73	2.89
EBITDA / Interest Expense	15.28	51.07	53.56	6.01	4.27
(EBITDA - Capex) / Interest Expense	9.65	46.07	47.85	1.36	2.38
Total Debt / EBITDA	2.49	0.46	1.2	6.22	5.29
Net Debt / EBITDA	-3.93	-1.54	-2.27	-4.21	-2.74
Total Debt / (EBITDA - Capex)	3.93	0.51	1.34	27.45	9.48
Net Debt / (EBITDA - Capex)	-6.22	-1.71	-2.54	-18.56	-4.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %