Apex Investment PSC 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	513.8	591.07	670.23	607.79	142.6	0.04
Short-Term Investments	321.09	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	834.89	1,044	1,206	1,076	743.22	41.34
Cash Growth	-24.85%	-13.46%	12.13%	44.76%	1697.87%	109.49%
Accounts Receivable	473.23	424.43	309.02	378.46	767.64	45.1
Other Receivables	-	12.47	6.6	21.27	2.58	2.11
Receivables	473.23	436.9	391.59	475.27	845.08	47.21
Inventory	121	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	1,429	1,633	1,712	1,644	1,660	149.89
Property, Plant & Equipment	664.42	673.93	346.92	364.96	371.92	327.51
Long-Term Investments	43.54	43.54	41.99	183.13	221.43	246.61
Goodwill	-	3.27	4.62	-	-	-
Other Intangible Assets	208.8	213.1	-	6.91	6.95	0.18
Long-Term Deferred Tax Assets	7.95	6.52	1.88	-	-	-
Other Long-Term Assets	-	-	130.37	-	-	-
Total Assets	2,354	2,573	2,238	2,199	2,261	724.19
Accounts Payable	325.05	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	1.9	0.02	0.02	0.02	-
Current Income Taxes Payable	17.75	14.46	12.1	-	-	-
Current Unearned Revenue	-	2.07	2.07	-	-	-
Other Current Liabilities	-0	86.92	9.8	24.32	13.14	8.06
Total Current Liabilities	344.69	467.7	217.13	243.8	205.07	88.63
Long-Term Leases	25.19	25.21	1.49	1.57	1.53	-
Pension & Post-Retirement Benefits	16.4	15.53	11.02	8.1	5.62	1.11
Long-Term Deferred Tax Liabilities	18.75	20.24	0.42	-	-	-
Total Liabilities	405.03	528.68	230.06	253.47	212.21	89.74
Common Stock	3,553	3,553	3,553	3,553	3,553	503.12
Retained Earnings	228.47	323.09	285.09	126.39	184.82	-2.37
Comprehensive Income & Other	-1,833	-1,832	-1,830	-1,734	-1,690	133.71
Shareholders' Equity	1,949	2,044	2,008	1,946	2,048	634.45
Total Liabilities & Equity	2,354	2,573	2,238	2,199	2,261	724.19
Total Debt	27.09	27.11	1.51	23.2	18.16	18.57
Net Cash (Debt)	807.81	1,017	1,205	1,053	725.06	22.77
Net Cash Growth	-27.19%	-15.60%	14.46%	45.18%	3084.71%	387.40%
Net Cash Per Share	0.23	0.29	0.34	0.30	0.24	0.05
Filing Date Shares Outstanding	3,557	3,553	3,553	3,553	3,553	503.12
Total Common Shares Outstanding	3,557	3,553	3,553	3,553	3,553	503.12
Working Capital	1,084	1,165	1,495	1,400	1,455	61.26
Book Value Per Share	0.55	0.58	0.57	0.55	0.58	1.26
Tangible Book Value	1,740	1,828	2,003	1,939	2,042	634.27
Tangible Book Value Per Share	0.49	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.