Classification: Public
1
Americana Restaurants International PLC
Preliminary Unaudited Results for the year ended 31 December 2022
First: General Information:
Name of the company: Americana Restaurants International PLC
Date of establishment: 27 May 2022
Paid-up capital: USD 168,472,662
Subscribed capital: USD 168,472,662
Authorized capital: USD 168,472,662
Chairman of the Board: Mohamed Ali Rashed Alabbar
Chief Executive Officer: Amarpal Sandhu
Name of External Auditor: PricewaterhouseCoopers (branch of a Foreign Partnership)
Mailing Address: P.O. Box 106474, Abu Dhabi, UAE
Telephone: +971 65092222
Fax: +971 65593642
Email [email protected]
Classification: Public
2 Second: Preliminary Financial Results:
2022 SAR* ‘000
2021 SAR* ‘000
2022 USD ‘000
2021 USD ‘000
1 Total Assets 5,027,051 4,079,678 1,340,547 1,087,914
2 Shareholders’ Equity 1,067,119 482,081 284,565 128,555
3 Revenue 8,919,551 7,694,051 2,378,547 2,051,747
4 Profit for the Year Attributable
to Shareholders 972,098 764,689 259,226 203,917
5 Earnings Per Share SAR 0.1597 SAR 0.1256 USD 0.04259 USD 0.03350
6 Summary of the Company’s financial performance for the year-ended 31 December 2022 (FY 2022)
• FY 2022 revenue increased 15.9% year-on-year mainly driven by like-for-like growth and new store openings.
• Profit for the year attributable to Shareholders increased versus prior year (+27.1%).
* Supplementary information is converted at a fixed rate of U.S. Dollar 1.00 = SAR 3.75 for convenience only.
Note: Americana Restaurants International PLC’s preliminary results are subject to external audit and may be different from the Company’s audited consolidated financial statements. The comparative information for the year ended 31 December 2021 and financial information for the period from 1 January 2022 to 27 June 2022 represents the carve-out financial information of the Restaurant Business since the Company had operated as part of Kuwait Food Company (Americana) K.S.C.C., and not as a separate group of companies.
[SIGNED]
Mohamed Ali Rashed Alabbar Chairman of the Board
Americana Restaurants International PLC 14 February 2023
