Below are the financial statements of Borouge, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 6,292.5a | 6,677.36a |
| Intangible assets | 60.64a | 60.13a |
| Right-of-use assets | 24.8a | 27.3a |
| Investment in sublease | 135.79a | 138.41a |
| Loans to employees | 20.51a | 22.77a |
| Deferred tax assets | 2.4a | 3.45a |
| Total non-current assets | 6,536.64a | 6,929.41a |
| Current assets | — | — |
| Inventories | 640.51a | 645.18a |
| Amounts due from related parties | 209.94a | 181.55a |
| Trade receivables | 858.77a | 796.68a |
| Loans to employees | 13.45a | 12.57a |
| Investments in sublease | 5.74a | 4.23a |
| Prepayments and other receivables | 23.92a | 20.35a |
| Cash and cash equivalents | 418.51a | 353.92a |
| Total current assets | 2,170.83a | 2,014.48a |
| Total assets | 8,707.47a | 8,943.9a |
| Equity and liabilities | — | — |
| Equity | — | — |
| Share capital | 4,809.23a | 4,809.23a |
| Merger reserve | -4,446.47a | -4,446.47a |
| Restricted reserve | 186.77a | 186.49a |
| Capital reserve | 12.49a | 12.49a |
| Cash flow hedge reserve | -5.99a | -12.61a |
| Actuarial reserve | 18.32a | 17.99a |
| Translation reserve | -7.74a | -5.47a |
| Retained earnings | 3,896.12a | 3,970.83a |
| Equity attributable to the owners of the Company | 4,462.73a | 4,532.48a |
| Non-controlling interests | 19.34a | 13.35a |
| Total equity | 4,482.06a | 4,545.84a |
| Non-current liabilities | — | — |
| Provision for employees’ end of service benefits | 97.59a | 93.02a |
| Lease liabilities | 158.08a | 162.29a |
| Deferred tax liability | 85.14a | 54.51a |
| Bank loans | 2,944.1a | 3,140.73a |
| Derivative financial instruments | 5.99a | 12.61a |
| Amounts due to related parties | 0a | 34.39a |
| Total non-current liabilities | 3,290.9a | 3,497.53a |
| Current liabilities | — | — |
| Trade and other payables | 356.66a | 308.33a |
| Amounts due to related parties | 520.26a | 532.65a |
| Lease liabilities | 9.04a | 8.33a |
| Provisions for employees end of service benefits | 1.24a | 1.35a |
| Income tax payable | 47.31a | 49.87a |
| Total current liabilities | 934.51a | 900.53a |
| Total liabilities | 4,225.4a | 4,398.06a |
| Total equity and liabilities | 8,707.47a | 8,943.9a |
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