In parallel with current assets remaining low, net working capital
of the company had a negative course in the last three years.
TMG's net working capital
reached EGP 9,469bn compared to EGP 9,549m, and its overall assets are EGP 60,44bn.
Foreign affiliates with positive net working capital
positions were the most likely to increase their repatriations that year, suggesting that these affiliates used trade credit arrangements to reallocate capital prior to the tax holiday.
Net Working Capital
Turnover: This ratio is used to evaluate the working capital efficiency.
Comment: The deal size excludes adjustments for net working capital
26% equity ownership, its preferred equity position, as well as the Fund's share of the venture's net working capital
It does not include a net working capital
of some USD24m, the buyer said.
0 million, subject to final net working capital
and other purchase price adjustments.
With that in mind, I am pleased to report continued strong levels of cash flow, declining net working capital
and reduced net debt.
The final price is subject to a net working capital
adjustment as of 28 January 2013, when the deal was finalised TriMas said.
It is subject to post-closing adjustment for the difference between estimated and actual closing net working capital
The final price to be paid will be based on the actual level of debt, net working capital
and other liabilities on the date the tender offer is launched.