Aldar Properties PJSC Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	21,335	15,136	11,718	12,548	8,857
Short-Term Investments	129.99	4.01	93.15	179.74	77.48
Cash & Short-Term Investments	21,465	15,140	11,811	12,728	8,935
Cash Growth	41.78%	28.18%	-7.20%	42.46%	62.51%
Accounts Receivable	15,007	9,373	6,678	3,410	4,356
Other Receivables	463.28	543.98	382.24	1,019	1,100
Receivables	15,470	9,917	7,061	4,429	5,456
Inventory	19,016	15,249	14,637	9,513	10,671
Other Current Assets	6,995	6,576	3,051	3,723	1,908
Total Current Assets	62,946	46,882	36,560	30,392	26,969
Property, Plant & Equipment	7,536	7,125	6,817	5,930	3,809
Long-Term Investments	1,667	1,124	878.45	390.34	170.32
Goodwill	1,176	1,174	1,180	132.6	107.29
Other Intangible Assets	612.3	597.23	702.93	242.35	185.91
Long-Term Accounts Receivable	400.08	165.01	257.27	342.44	275.29
Long-Term Deferred Tax Assets	104.4	69.7	80.77	57.3	47.37
Other Long-Term Assets	35,132	28,599	26,381	23,789	17,978
Total Assets	109,574	85,736	72,858	61,276	49,543
Accounts Payable	2,875	2,362	1,721	1,715	997.49
Current Portion of Long-Term Debt	1,313	2,051	1,134	645.41	326.95
Current Portion of Leases	164.27	89.87	78.51	48.99	37.74
Current Income Taxes Payable	1,011	268.26	115.48	127.16	215.9
Current Unearned Revenue	10,776	8,103	7,130	3,504	2,851
Other Current Liabilities	13,759	10,191	7,799	8,732	6,895
Total Current Liabilities	29,898	23,065	17,977	14,773	11,324
Long-Term Debt	23,875	14,336	10,945	9,650	8,057
Long-Term Leases	1,149	919.3	848.37	436.55	295.52
Long-Term Unearned Revenue	127.19	127.19	-	-	-
Pension & Post-Retirement Benefits	444.66	404.25	339.48	296.89	223.35
Long-Term Deferred Tax Liabilities	406.32	212.16	83.38	-	-
Other Long-Term Liabilities	4,923	3,876	4,481	1,574	2,006
Total Liabilities	60,823	42,940	34,675	26,731	21,906
Common Stock	7,863	7,863	7,863	7,863	7,863
Retained Earnings	33,442	27,650	23,509	20,610	18,976
Comprehensive Income & Other	1,258	1,196	1,509	1,692	83
Total Common Equity	42,563	36,709	32,881	30,165	26,922
Minority Interest	6,189	6,087	5,302	4,380	715.21
Shareholders' Equity	48,752	42,796	38,183	34,545	27,637
Total Liabilities & Equity	109,574	85,736	72,858	61,276	49,543
Total Debt	26,500	17,396	13,006	10,781	8,717
Net Cash (Debt)	-5,035	-2,256	-1,195	1,947	217.81
Net Cash Growth	-	-	-	793.79%	-
Net Cash Per Share	-0.64	-0.29	-0.15	0.25	0.03
Filing Date Shares Outstanding	7,863	7,863	7,863	7,863	7,863
Total Common Shares Outstanding	7,863	7,863	7,863	7,863	7,863
Working Capital	33,048	23,817	18,583	15,619	15,645
Book Value Per Share	5.18	4.44	3.95	3.61	3.42
Tangible Book Value	40,774	34,937	30,998	29,790	26,628
Tangible Book Value Per Share	4.95	4.21	3.71	3.56	3.39
Land	10,509	9,801	9,341	8,603	7,108
Machinery	1,682	1,486	1,336	1,194	1,025
Construction In Progress	392.8	537.21	542.76	130.49	152.52
Leasehold Improvements	273.78	235.66	180.63	184.96	102.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.