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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 |
|---|---|---|---|---|---|---|---|---|---|
| Net Cash from Operating Activities | 34,766 | 24,847 | 48,984 | 35,372 | 67,877 | 93,263 | 56,677 | 51,259 | +5.7% |
| Net Cash used in Investing Activities | 0 | 9,524 | 3,956 | 5,746 | 24,383 | 15,398 | 18,953 | 11,295 | +2.9% |
| Free Cash Flow (OCF − Capex proxy) | 34,766 | 15,323 | 45,028 | 29,626 | 43,494 | 77,865 | 37,724 | 39,964 | +2.0% |
| Net Cash from Financing Activities | 0 | 3,125 | 47,840 | 76,351 | 18,059 | 71,432 | 20,280 | 46,119 | +56.6% |
| Net Change in Cash (before FX) | 34,766 | 12,198 | 2,812 | 46,725 | 25,435 | 6,433 | 17,444 | 6,155 | nmf |
| Effect of FX on Cash | 0 | 75 | 307 | 441 | 130 | 1,226 | 485 | 567 | +40.1% |
| Net Change in Cash (incl. FX) | 34,766 | 12,123 | 3,119 | 47,166 | 25,565 | 7,659 | 16,959 | 6,722 | nmf |
| Cash at Beginning of Year | 0 | 51,472 | 63,595 | 60,476 | 13,310 | 38,875 | 46,534 | 63,493 | +3.6% |
| Cash at End of Year | 0 | 63,595 | 60,476 | 13,310 | 38,875 | 46,534 | 63,493 | 56,771 | -1.9% |
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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