6. Profitability Analysis: a. ROA. b. Profit Margin. c. Assets Turnover. Cash Ratio 3.66 Net Income Growth +13.02% Per Share Data Gulf International Chemicals S.A.O.G. Earnings Per Sales 0.09 Share +0.01 values OMR Thousands Profitability 2020 2019 5-year trend Gross Margin +31.06 Sales or Revenue 1,915 2,213 Sales/Revenue .6 .3 1.92 M Operating Margin +4.55 Tangible Book Value 0.13 Operating Profit 0.00 Pretax Margin +11.39 Sales Growth Sales or Revenue 13.45 % 4.06 % Working Capital 0.11 -13.45% Long Term Liabilities 0.00 Net Margin +8.34 Growth Return on Assets 5.07 Capital Expenditure 0.00 Capital Expenditure TTM 0.00 Cost of Goods Sold (COGS) incl. D&A 1,320 1,638 .6 .9 Return on Equity 5.67 EBITDA +143,610 Balance Sheet Gulf International Chemicals S.A.O.G Ratios & Margins Gulf International Chemicals S.A.O.G. Valuation Return on Total Capital 3.06 COGS excluding D&A 1,264 1,575 .1 .3 Return on invested Capital 5.63 P/E Ratio (TTM) 13.67 Capital Structure Total Assets 010M '16'17'18'19'20 Total Debt to Total Equity 0.85 P/E Ratio (including extraordinary items) 13.67 Depreciatio n & Amortizatio n Expense 56.5 63.6 Total Debt to Total Capital 0.84 2020 5-year trend Total Debt to EBITDA 0.17 Total Debt to Total Assets 0.76 EPS (recurring) 0.01 Cash & Short- Term Investment 888,664 Deprecia tion 48.6 58.3 Interest Coverage 37.79 EPS (basic) 0.01 Long-Term Debt to Equity 0.58 EPS (diluted) 0.01 Total Debt 24,162 Amortiz ation of Intangibl Efficiency Long-Term Debt to Total Capital 0.58 7.9 5.4 Revenue/Employee- es Total Liabilities 328,027 Income Per Employee - Long-Term Debt to Assets 0.01 Updated IntradayUpdated Daily Income Statement Gulf International, Chemicals S.A.O.G. COGS Growth 19.42 14.60 % Receivables Turnover 1.70 % Total Shareholder's 2.86 M Equity Total Asset Turnover 0.61 Gross Income 595.0 574.4 Liquidity Net Income 02M '16'17'18'19'20 Current Ratio 10.56 Book Value Per Share 0.14 2020 5-year trend Gross Income Growth 3.60 % Quick Ratio 9.54 17.58 % Thousands 2020 2019 values OMR Thousands 5-year trend values OMR Thousands values OMR Thousands 2020 2019 5-year trend 2020 2019 5-year trend 2020 2019 5-year trend Gross Profit 31.06 Margin % Total Accounts Receivable 1,371 4 876.5 EBITDA Income Tax Deferred Domestic 143.6 67.2 10.0 (7.5) 7.50 SG&A Expense 503.9 563.3 EBITDA Margin % Consolidated Net Income Accounts Receivable 842.9 854.9 S, Net 159.8 141.4 Other SG&A 503.9 563.3 EBIT 87.2 3.6 Minority Interest Expense Other Receivable 528.5 21.6 EBIT 87.2 3.6 5 Net Income 159.8 141.4 Balance sheet: Assets Thousands. 2020 2019 Non-Operating Income/Expen 81.7 81.7 80.6 se 56.46 Accounts Receivable Growth 5-year trend % 7.01 96 Net Income 13.02 Growth % 16.13 % Cash & Short Term 888.7 Non-Operating Interest Income 1,127 .2 18.8 21.8 Accounts Receivable 1.40 2.53 Turnover Investments Net Margin 8.34 % - Cash Only 788.7 809.2 Interest Expense 23 2.3 3.4 Inventories 248.7 275.5 Net Income After Extraordinarie Short- Term 159.8 141.4 Other Current Assets 57.8 84.9 Gross Interest Expense 100.0 3181 2.3 100.0 318.1 3.4 Investmen ts Prepaid Expenses 17.2 22.3 Pretax Income 218.2 112.6 Net Income Available to Common 159.8 141.4 Pretax Margin 21.16 7.43 Cash & Short Term Investmen ts Growth 11.39 % Miscellane ous Current Assets 40.6 62.6 % % EPS (Basic) 0.01 0.01 Income Tax 58.4 (28.8) EPS (Diluted) 0.01 0.01 Total Current 2,566 2,364 Assets 5 .1 Income Tax - Current Domestic Cash & ST Investmen 27.89 36.10 ts/Total % % Assets 48.4 (21.3) Diluted Shares 21,00 21,00 Outstanding 0.0 0.0 Net Property, Plant & Equipment 227.2 217.1 Thousands. 2020 2019 5-year trend Liabilities & Shareholders' Equity All values OMR Thousands. All values OMR Thousands. All values OMR Thousands 2020 2019 2019 5-year trend 2020 2019 Property, Plant & Equipment - Gross 5-year trend 1,021 .8 967.5 2020 2019 5-year trend Ratio Common Equity (Total) 2,858 2,780. .6 9 ST Debt & Current Portion LT Debt 7.5 6.1 Quick Ratio 9.54 Accumulat ed Depreciati on 7.93 794.6 750.4 Common Stock Par/Carry Value 2,100 2,100. 0 0 Cash Ratio 3.66 4.28 Current Portion of Long Term Debt 7.5 6.1 Long-Term Debt 16.7 17.3 Total Investments 243.3 366.4 and Advances Retained Earnings 157.9 130.2 Accounts Payable 145.6 214.5 Provision for Risks & Charges 68.3 60.6 Unrealized Gain/Loss Marketabl (45.9 Other Long-Term 243.3 366.4 Investmen ts 145.9 (37.8) ) e Accounts Payable Growth 362.8 8% 32.13 % Deferred Taxes Securities (66.5 ) (83.8) Intangible Assets 83.0 90.9 Revaluatio n Reserves 50.1 8.7 Income Tax Payable 50.3 Deferred Taxes - Debit 66.5 83.8 Net Other Intangibles 83.0 90.9 Other Appropria ted Reserves Other Current Liabilities 596.4 579.9 39.8 42.9 Total Assets 3,186 3,122 .6 4 Other Liabilities (excl. Deferred Income) 0.0 Assets - 2.06 7.30 Total - Common Equity / Total Assets 89.71 89.06 % % % Growth Total Liabilities 328.0 341.5 Miscellane ous Current Liabilities 19.4 20.9 Asset Turnover 0.61 Total Shareholders Equity 2,858 2,780. .6 9 2858 2,780 Return On Average Assets Total Liabilities 10.29 10.94 / Total % % Assets Total Current Liabilities 5.07 % 243.1 263.5 Total Sharehold ers' Equity 89.71 89.06 % % Current 10.56 8.97 All values OMR Thousands. 2020 2019 5-year trend / Total Assets Accumulated Minority Interest Total Equity 2,858 2,780. .6 9 Liabilities & Shareholders Equity 3,186 3,122. .6 4 Funds from Operations 271.7 132.3 Changes in Working Capital (535.0) 2190 Receivables (489.4) 69.3 Inventories 26.8 3.6 Accounts Payable (72.1) 152.4 Other Assets/Liabilities (0.2) (6.4) 6. Profitability Analysis: a. ROA. b. Profit Margin. c. Assets Turnover. Cash Ratio 3.66 Net Income Growth +13.02% Per Share Data Gulf International Chemicals S.A.O.G. Earnings Per Sales 0.09 Share +0.01 values OMR Thousands Profitability 2020 2019 5-year trend Gross Margin +31.06 Sales or Revenue 1,915 2,213 Sales/Revenue .6 .3 1.92 M Operating Margin +4.55 Tangible Book Value 0.13 Operating Profit 0.00 Pretax Margin +11.39 Sales Growth Sales or Revenue 13.45 % 4.06 % Working Capital 0.11 -13.45% Long Term Liabilities 0.00 Net Margin +8.34 Growth Return on Assets 5.07 Capital Expenditure 0.00 Capital Expenditure TTM 0.00 Cost of Goods Sold (COGS) incl. D&A 1,320 1,638 .6 .9 Return on Equity 5.67 EBITDA +143,610 Balance Sheet Gulf International Chemicals S.A.O.G Ratios & Margins Gulf International Chemicals S.A.O.G. Valuation Return on Total Capital 3.06 COGS excluding D&A 1,264 1,575 .1 .3 Return on invested Capital 5.63 P/E Ratio (TTM) 13.67 Capital Structure Total Assets 010M '16'17'18'19'20 Total Debt to Total Equity 0.85 P/E Ratio (including extraordinary items) 13.67 Depreciatio n & Amortizatio n Expense 56.5 63.6 Total Debt to Total Capital 0.84 2020 5-year trend Total Debt to EBITDA 0.17 Total Debt to Total Assets 0.76 EPS (recurring) 0.01 Cash & Short- Term Investment 888,664 Deprecia tion 48.6 58.3 Interest Coverage 37.79 EPS (basic) 0.01 Long-Term Debt to Equity 0.58 EPS (diluted) 0.01 Total Debt 24,162 Amortiz ation of Intangibl Efficiency Long-Term Debt to Total Capital 0.58 7.9 5.4 Revenue/Employee- es Total Liabilities 328,027 Income Per Employee - Long-Term Debt to Assets 0.01 Updated IntradayUpdated Daily Income Statement Gulf International, Chemicals S.A.O.G. COGS Growth 19.42 14.60 % Receivables Turnover 1.70 % Total Shareholder's 2.86 M Equity Total Asset Turnover 0.61 Gross Income 595.0 574.4 Liquidity Net Income 02M '16'17'18'19'20 Current Ratio 10.56 Book Value Per Share 0.14 2020 5-year trend Gross Income Growth 3.60 % Quick Ratio 9.54 17.58 % Thousands 2020 2019 values OMR Thousands 5-year trend values OMR Thousands values OMR Thousands 2020 2019 5-year trend 2020 2019 5-year trend 2020 2019 5-year trend Gross Profit 31.06 Margin % Total Accounts Receivable 1,371 4 876.5 EBITDA Income Tax Deferred Domestic 143.6 67.2 10.0 (7.5) 7.50 SG&A Expense 503.9 563.3 EBITDA Margin % Consolidated Net Income Accounts Receivable 842.9 854.9 S, Net 159.8 141.4 Other SG&A 503.9 563.3 EBIT 87.2 3.6 Minority Interest Expense Other Receivable 528.5 21.6 EBIT 87.2 3.6 5 Net Income 159.8 141.4 Balance sheet: Assets Thousands. 2020 2019 Non-Operating Income/Expen 81.7 81.7 80.6 se 56.46 Accounts Receivable Growth 5-year trend % 7.01 96 Net Income 13.02 Growth % 16.13 % Cash & Short Term 888.7 Non-Operating Interest Income 1,127 .2 18.8 21.8 Accounts Receivable 1.40 2.53 Turnover Investments Net Margin 8.34 % - Cash Only 788.7 809.2 Interest Expense 23 2.3 3.4 Inventories 248.7 275.5 Net Income After Extraordinarie Short- Term 159.8 141.4 Other Current Assets 57.8 84.9 Gross Interest Expense 100.0 3181 2.3 100.0 318.1 3.4 Investmen ts Prepaid Expenses 17.2 22.3 Pretax Income 218.2 112.6 Net Income Available to Common 159.8 141.4 Pretax Margin 21.16 7.43 Cash & Short Term Investmen ts Growth 11.39 % Miscellane ous Current Assets 40.6 62.6 % % EPS (Basic) 0.01 0.01 Income Tax 58.4 (28.8) EPS (Diluted) 0.01 0.01 Total Current 2,566 2,364 Assets 5 .1 Income Tax - Current Domestic Cash & ST Investmen 27.89 36.10 ts/Total % % Assets 48.4 (21.3) Diluted Shares 21,00 21,00 Outstanding 0.0 0.0 Net Property, Plant & Equipment 227.2 217.1 Thousands. 2020 2019 5-year trend Liabilities & Shareholders' Equity All values OMR Thousands. All values OMR Thousands. All values OMR Thousands 2020 2019 2019 5-year trend 2020 2019 Property, Plant & Equipment - Gross 5-year trend 1,021 .8 967.5 2020 2019 5-year trend Ratio Common Equity (Total) 2,858 2,780. .6 9 ST Debt & Current Portion LT Debt 7.5 6.1 Quick Ratio 9.54 Accumulat ed Depreciati on 7.93 794.6 750.4 Common Stock Par/Carry Value 2,100 2,100. 0 0 Cash Ratio 3.66 4.28 Current Portion of Long Term Debt 7.5 6.1 Long-Term Debt 16.7 17.3 Total Investments 243.3 366.4 and Advances Retained Earnings 157.9 130.2 Accounts Payable 145.6 214.5 Provision for Risks & Charges 68.3 60.6 Unrealized Gain/Loss Marketabl (45.9 Other Long-Term 243.3 366.4 Investmen ts 145.9 (37.8) ) e Accounts Payable Growth 362.8 8% 32.13 % Deferred Taxes Securities (66.5 ) (83.8) Intangible Assets 83.0 90.9 Revaluatio n Reserves 50.1 8.7 Income Tax Payable 50.3 Deferred Taxes - Debit 66.5 83.8 Net Other Intangibles 83.0 90.9 Other Appropria ted Reserves Other Current Liabilities 596.4 579.9 39.8 42.9 Total Assets 3,186 3,122 .6 4 Other Liabilities (excl. Deferred Income) 0.0 Assets - 2.06 7.30 Total - Common Equity / Total Assets 89.71 89.06 % % % Growth Total Liabilities 328.0 341.5 Miscellane ous Current Liabilities 19.4 20.9 Asset Turnover 0.61 Total Shareholders Equity 2,858 2,780. .6 9 2858 2,780 Return On Average Assets Total Liabilities 10.29 10.94 / Total % % Assets Total Current Liabilities 5.07 % 243.1 263.5 Total Sharehold ers' Equity 89.71 89.06 % % Current 10.56 8.97 All values OMR Thousands. 2020 2019 5-year trend / Total Assets Accumulated Minority Interest Total Equity 2,858 2,780. .6 9 Liabilities & Shareholders Equity 3,186 3,122. .6 4 Funds from Operations 271.7 132.3 Changes in Working Capital (535.0) 2190 Receivables (489.4) 69.3 Inventories 26.8 3.6 Accounts Payable (72.1) 152.4 Other Assets/Liabilities (0.2) (6.4)