ADX:ADNOCDIST Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,379	2,361	2,734	2,994	2,617	2,126
Short-Term Investments	200	200	200.23	200.23	130.23	130.23
Cash & Short-Term Investments	2,579	2,561	2,934	3,194	2,747	2,256
Cash Growth	-9.18%	-12.73%	-8.14%	16.26%	21.79%	-19.13%
Accounts Receivable	3,536	3,059	3,392	4,039	3,939	3,706
Other Receivables	253.27	263.91	243.81	235.8	177.78	162.35
Receivables	3,789	3,323	3,635	4,274	4,116	3,868
Inventory	1,665	1,574	1,620	1,294	1,286	1,046
Prepaid Expenses	106.93	68.29	51.3	50.63	48.1	40.79
Total Current Assets	8,141	7,526	8,241	8,814	8,198	7,211
Property, Plant & Equipment	9,459	9,478	9,279	8,968	7,758	6,527
Goodwill	-	243.24	228.47	391.91	1.13	-
Other Intangible Assets	537.88	378.61	370.84	661.9	-	-
Long-Term Deferred Tax Assets	-	-	-	2.17	-	-
Long-Term Deferred Charges	1.61	2.3	7.41	10.56	13.31	-
Other Long-Term Assets	41.1	47.13	54.7	43.46	47.3	41.31
Total Assets	18,180	17,675	18,181	18,892	16,018	13,779
Accounts Payable	4,224	4,351	4,978	5,410	3,888	2,642
Accrued Expenses	637.04	787.81	656.8	607.05	518.51	432.25
Short-Term Debt	33.73	46.38	95.79	-	-	5,500
Current Portion of Long-Term Debt	-	-	-	-	-	77.64
Current Portion of Leases	155	156.87	181.73	183.01	129.79	88.98
Current Income Taxes Payable	394.7	311.97	250.88	0.17	-	-
Other Current Liabilities	2,656	1,311	1,351	1,351	1,042	727.35
Total Current Liabilities	8,100	6,965	7,514	7,552	5,578	9,468
Long-Term Debt	5,501	5,500	5,495	5,492	5,482	-
Long-Term Leases	1,258	1,289	1,541	1,564	1,185	787.38
Pension & Post-Retirement Benefits	211.15	207.1	201	192.27	194.44	192.58
Long-Term Deferred Tax Liabilities	68.06	79.09	80.06	134.96	-	-
Other Long-Term Liabilities	174.63	173.93	168.79	160.03	134.53	129.23
Total Liabilities	15,312	14,215	15,000	15,096	12,574	10,577
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Retained Earnings	1,998	2,513	2,290	2,475	2,445	2,268
Treasury Stock	-12.73	-10.48	-	-	-	-
Comprehensive Income & Other	-332.85	-271.96	-298.27	-3	-	-65.57
Total Common Equity	2,652	3,230	2,992	3,472	3,445	3,202
Minority Interest	215.17	230.37	189.44	323.77	-	-
Shareholders' Equity	2,867	3,461	3,181	3,796	3,445	3,202
Total Liabilities & Equity	18,180	17,675	18,181	18,892	16,018	13,779
Total Debt	6,947	6,992	7,313	7,240	6,796	6,454
Net Cash (Debt)	-4,368	-4,431	-4,379	-4,045	-4,049	-4,198
Net Cash Per Share	-0.35	-0.35	-0.35	-0.32	-0.32	-0.34
Filing Date Shares Outstanding	12,497	12,500	12,500	12,500	12,500	12,500
Total Common Shares Outstanding	12,497	12,500	12,500	12,500	12,500	12,500
Working Capital	40.55	560.69	726.94	1,262	2,620	-2,257
Book Value Per Share	0.21	0.26	0.24	0.28	0.28	0.26
Tangible Book Value	2,114	2,609	2,393	2,418	3,444	3,202
Tangible Book Value Per Share	0.17	0.21	0.19	0.19	0.28	0.26
Buildings	-	8,421	7,904	7,558	6,884	6,437
Machinery	-	5,527	5,188	4,755	4,295	4,020
Construction In Progress	-	1,153	985.25	1,122	855.18	332.71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.