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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Majid Al Futtaim Hypermarkets Georgia LLC is the Carrefour franchise operator for Georgia, owned by Dubai-based Majid Al Futtaim. Runs Carrefour hypermarkets, supermarkets and convenience stores in Tbilisi, Batumi and Kutaisi — the only international hypermarket banner in the country.
carrefour.gemajidalfuttaim.com
Subsidiary of Shezghuduli Pasukhismgeblobissazogadoeba MAF HYPERMARKETS (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 88,135 | 100,439 | 99 | 56,946 | 99,901 | 125,259 | 155,309 | 147,063 | +7.6% | |
| 63,301 | 63,736 | 180,129 | 67,119 | 77,173 | 82,684 | 88,455 | 76,644 | +2.8% | |
| TOTAL ASSETS | 151,436 | 164,175 | 180,228 | 124,065 | 177,074 | 207,943 | 243,764 | 223,707 | +5.7% |
| 268,654 | 313,470 | 344 | 331,936 | 383,386 | 378,324 | 412,787 | 190,475 | -4.8% | |
| 9,718 | 4,689 | 366,390 | 12,180 | 8,683 | 6,775 | 7,932 | 244,804 | +58.6% | |
| TOTAL LIABILITIES | 278,372 | 318,159 | 366,734 | 344,116 | 392,069 | 385,099 | 420,719 | 435,279 | +6.6% |
| 126,936 | 153,984 | 186,506 | 220,051 | 214,995 | 177,156 | 176,955 | 211,572 | +7.6% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt analysis | |||||||||
| Total Debt | 177,615 | 213,944 | 225,972 | 216,212 | 241,087 | 185,388 | 220,982 | 248,587 | +4.9% |
| Cash & Equivalents | 51,472 | 63,595 | 60,476 | 13,310 | 38,875 | 46,534 | 63,493 | 56,771 | +1.4% |
| Net Debt | 126,143 | 150,349 | 165,496 | 202,902 | 202,212 | 138,854 | 157,489 | 191,816 | +6.2% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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