EZZ STEEL financials
EZZ STEEL
Country: GB Reporting currency: EGP Latest annual report: 2023-12-31
LEI:
213800C3H4JQ6S15VS50 Financial statements
(EGP, as reported — unscaled; 102 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | EGP 162.40B | EGP 83.98B |
| Cost of sales | EGP 126.29B | EGP 64.99B |
| Gross profit | EGP 36.11B | EGP 18.99B |
| Administrative expenses | EGP 2.83B | EGP 1.94B |
| Operating profit (EBIT) | EGP 29.02B | EGP 15.36B |
| Finance costs | EGP 7.18B | EGP 3.36B |
| Profit before tax | EGP 2.72B | EGP 7.95B |
| Income tax expense | EGP 825.5M | EGP 2.10B |
| Profit for the year | EGP 1.89B | EGP 5.85B |
| — attributable to owners | EGP 850.9M | EGP 3.72B |
| — attributable to NCI | EGP 1.04B | EGP 2.12B |
| Total comprehensive income | EGP 1.89B | EGP 5.91B |
| Per share | ||
| Basic EPS | EGP 1.60 | EGP 6.98 |
| Diluted EPS | EGP 1.60 | EGP 6.98 |
| Free cash flow / share | EGP -7.79 | EGP 17.28 |
| Cash flow statement | ||
| Cash generated from operations | EGP 3.58B | EGP 20.56B |
| Net cash from operating activities | -EGP 5.96B | EGP 16.38B |
| Net cash from investing activities | -EGP 8.13B | -EGP 4.16B |
| Purchase of PP&E (capex) | EGP 3.23B | EGP 1.91B |
| Purchase of intangibles | EGP 210.0K | EGP 844.0K |
| Net cash from financing activities | EGP 27.74B | -EGP 4.39B |
| Dividends paid | EGP 4.4M | EGP 848.8M |
| Proceeds from borrowings | EGP 100.99B | EGP 34.62B |
| Repayments of borrowings | EGP 73.19B | EGP 38.13B |
| Lease liability payments | EGP 40.0M | EGP 38.7M |
| Net change in cash | EGP 13.65B | EGP 7.83B |
| Balance sheet | ||
| Total assets | EGP 119.00B | EGP 61.94B |
| Non-current assets | EGP 32.82B | EGP 26.58B |
| Property, plant & equipment | EGP 24.70B | EGP 21.80B |
| Right-of-use assets | EGP 6.0M | EGP 24.2M |
| Intangible assets & goodwill | EGP 371.8M | EGP 388.1M |
| Current assets | EGP 86.17B | EGP 35.36B |
| Inventories | EGP 27.57B | EGP 8.72B |
| Trade & other receivables | EGP 24.71B | EGP 13.26B |
| Cash & equivalents | EGP 32.39B | EGP 12.82B |
| Total equity | EGP 1.22B | -EGP 653.3M |
| — attributable to owners | -EGP 4.97B | -EGP 5.81B |
| Non-controlling interests | EGP 6.19B | EGP 5.16B |
| Non-current liabilities | EGP 34.40B | EGP 22.23B |
| Long-term borrowings | EGP 26.05B | EGP 15.74B |
| Lease liabilities (non-current) | EGP 0 | EGP 34.9M |
| Current liabilities | EGP 83.38B | EGP 40.36B |
| Short-term borrowings | EGP 42.46B | EGP 17.03B |
| Lease liabilities (current) | EGP 36.0M | EGP 30.1M |
| Trade & other payables | EGP 35.59B | EGP 19.60B |
| Deferred tax liabilities | EGP 3.65B | EGP 3.15B |
| Derived metrics | ||
| Free cash flow | -EGP 9.20B | EGP 14.47B |
| Operating margin | 17.9% | 18.3% |
| Net margin | 1.2% | 7.0% |
| Return on equity | 155.1% | -894.8% |
| Cash conversion ratio | -3.16× | 2.80× |
| Capex coverage | -1.84× | 8.58× |
| Other reported items | ||
| Adjustments For Amortisation Expense | EGP 16.5M | EGP 15.3M |
| Adjustments For Decrease Increase In Inventories | -EGP 18.86B | EGP 677.9M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -EGP 11.12B | -EGP 2.26B |
| Adjustments For Finance Income | EGP 2.33B | EGP 380.0M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -EGP 6.0K | -EGP 490.0K |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | EGP 25.0M | EGP 35.3M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | EGP 35.2M | EGP 48.4M |
| Adjustments For Increase Decrease In Trade and Other Payables | EGP 13.81B | EGP 8.55B |
| Adjustments For Interest Income | EGP 149.1M | EGP 34.2M |
| Adjustments For Provisions | -EGP 120.6M | -EGP 173.9M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | EGP 10.15B | EGP 1.27B |
| Cash and Cash Equivalents If Different From Statement of Financial Position | EGP 25.77B | EGP 11.08B |
| Cash Flows From Used In Operations Before Changes In Working Capital | EGP 19.89B | EGP 13.78B |
| Comprehensive Income Attributable To Noncontrolling Interests | EGP 1.04B | EGP 2.15B |
| Comprehensive Income Attributable To Owners of Parent | EGP 848.3M | EGP 3.76B |
| Current Financial Assets At Amortised Cost | EGP 1.51B | EGP 566.3M |
| Current Provisions | EGP 1.39B | EGP 612.4M |
| Current Tax Liabilities | EGP 3.69B | EGP 2.44B |
| Deferred Tax Assets | EGP 5.19B | EGP 1.79B |
| Dividends Recognised As Distributions To Noncontrolling Interests | EGP 4.4M | EGP 422.5M |
| Dividends Recognised As Distributions To Owners of Parent | — | EGP 426.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | EGP 1.04B | EGP 174.3M |
| Equity and Liabilities | EGP 119.00B | EGP 61.94B |
| Finance Income | EGP 2.48B | EGP 414.2M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -EGP 21.60B | -EGP 4.47B |
| Income Taxes Paid Refund Classified As Operating Activities | EGP 2.48B | EGP 992.0M |
| Increase Decrease Through Transactions With Owners | -EGP 14.3M | -EGP 845.8M |
| Interest Paid Classified As Operating Activities | EGP 7.06B | EGP 3.19B |
| Interest Received Classified As Investing Activities | EGP 2.35B | EGP 380.0M |
| Issue of Equity | — | EGP 3.0M |
| Issued Capital | EGP 2.72B | EGP 2.72B |
| Liabilities | EGP 117.78B | EGP 62.59B |
| Miscellaneous Other Operating Expense | EGP 2.07B | EGP 901.3M |
| Miscellaneous Other Operating Income | EGP 554.5M | EGP 175.9M |
| Noncurrent Financial Assets Measured At Fair Value Through Other Comprehensive Income | EGP 2.50B | EGP 2.52B |
| Noncurrent Payables | EGP 4.49B | EGP 3.12B |
| Noncurrent Receivables | EGP 46.7M | EGP 57.5M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | EGP 209.1M | EGP 192.5M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | EGP 1.25B | EGP 1.26B |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | EGP 20.6M | EGP 0 |
| Other Comprehensive Income | -EGP 4.1M | EGP 63.6M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -EGP 4.1M | EGP 63.6M |
| Other Reserves | -EGP 1.18B | -EGP 1.18B |
| Payments To Acquire Or Redeem Entitys Shares | EGP 9.9M | EGP 0 |
| Proceeds From Issuing Shares | EGP 0 | EGP 3.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | EGP 114.0K | EGP 147.0K |
| Purchase of Treasury Shares | EGP 9.9M | — |
| Retained Earnings | -EGP 7.79B | -EGP 8.63B |
| Sales and Marketing Expense | EGP 2.75B | EGP 963.0M |
| Treasury Shares | EGP 82.3M | EGP 82.3M |
Methodology
Every line item above is a fact tagged in EZZ STEEL's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EGP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.