Apex Investment PSC 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	591.07	670.23	607.79	142.6	0.04
Short-Term Investments	17.41	19.29	17.24	13.47	-
Trading Asset Securities	435.59	516.89	450.83	587.15	41.3
Cash & Short-Term Investments	1,044	1,206	1,076	743.22	41.34
Cash Growth	-13.46%	12.13%	44.76%	1697.87%	109.49%
Accounts Receivable	424.43	309.02	378.46	767.64	45.1
Other Receivables	12.47	6.6	21.27	2.58	2.11
Receivables	436.9	391.59	475.27	845.08	47.21
Inventory	123.9	59.83	76.22	57.79	55.11
Prepaid Expenses	13.44	9.67	9.16	10.55	2.57
Other Current Assets	14.35	44.59	7.58	3.73	3.66
Total Current Assets	1,633	1,712	1,644	1,660	149.89
Property, Plant & Equipment	673.93	346.92	364.96	371.92	327.51
Long-Term Investments	43.54	41.99	183.13	221.43	246.61
Goodwill	3.27	4.62	-	-	-
Other Intangible Assets	213.1	-	6.91	6.95	0.18
Long-Term Deferred Tax Assets	6.52	1.88	-	-	-
Other Long-Term Assets	-	130.37	-	-	-
Total Assets	2,573	2,238	2,199	2,261	724.19
Accounts Payable	254.89	134.89	147.62	144.56	55.92
Accrued Expenses	107.47	58.27	50.24	30.73	6.08
Short-Term Debt	-	-	21.6	15.46	10.46
Current Portion of Long-Term Debt	-	-	-	1.16	8.11
Current Portion of Leases	1.9	0.02	0.02	0.02	-
Current Income Taxes Payable	14.46	12.1	-	-	-
Current Unearned Revenue	2.07	2.07	-	-	-
Other Current Liabilities	86.92	9.8	24.32	13.14	8.06
Total Current Liabilities	467.7	217.13	243.8	205.07	88.63
Long-Term Leases	25.21	1.49	1.57	1.53	-
Pension & Post-Retirement Benefits	15.53	11.02	8.1	5.62	1.11
Long-Term Deferred Tax Liabilities	20.24	0.42	-	-	-
Total Liabilities	528.68	230.06	253.47	212.21	89.74
Common Stock	3,553	3,553	3,553	3,553	503.12
Retained Earnings	323.09	285.09	126.39	184.82	-2.37
Comprehensive Income & Other	-1,832	-1,830	-1,734	-1,690	133.71
Shareholders' Equity	2,044	2,008	1,946	2,048	634.45
Total Liabilities & Equity	2,573	2,238	2,199	2,261	724.19
Total Debt	27.11	1.51	23.2	18.16	18.57
Net Cash (Debt)	1,017	1,205	1,053	725.06	22.77
Net Cash Growth	-15.60%	14.46%	45.18%	3084.71%	387.40%
Net Cash Per Share	0.29	0.34	0.30	0.24	0.05
Filing Date Shares Outstanding	3,553	3,553	3,553	3,553	503.12
Total Common Shares Outstanding	3,553	3,553	3,553	3,553	503.12
Working Capital	1,165	1,495	1,400	1,455	61.26
Book Value Per Share	0.58	0.57	0.55	0.58	1.26
Tangible Book Value	1,828	2,003	1,939	2,042	634.27
Tangible Book Value Per Share	0.51	0.56	0.55	0.57	1.26
Buildings	52.62	37.3	38.63	35.18	29.41
Machinery	1,089	946.43	930.19	908.04	837.39
Construction In Progress	181.4	0.58	0.58	1.23	0.93

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