Emirates Driving Company P.J.S.C. (ADX:DRIVE)

ADX:DRIVE Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	721.73	684.09	574.93	373.13	283.31
Short-Term Investments	-	-	-	-	81.17
Trading Asset Securities	85.31	76.97	59.82	105.53	23.94
Cash & Short-Term Investments	807.04	761.06	634.75	478.66	388.42
Cash Growth	6.04%	19.90%	32.61%	23.23%	23.94%
Accounts Receivable	12.09	9.03	5.81	2.78	2.04
Other Receivables	15.69	16.26	3.26	1.31	1.9
Receivables	27.78	25.29	9.07	4.09	3.94
Inventory	1.01	0.9	0.8	2.52	3.35
Prepaid Expenses	12.45	4.71	7.06	4.73	1.97
Other Current Assets	169.51	2.47	1.15	4.41	1.81
Total Current Assets	1,018	794.42	652.82	494.4	399.49
Property, Plant & Equipment	367.64	257.35	250.55	239.16	239.9
Long-Term Investments	-	36.66	36.23	38.12	35.42
Goodwill	79.31	-	-	-	-
Other Intangible Assets	200.72	4.66	3.26	3.28	3.46
Other Long-Term Assets	-	164.1	148.5	136.7	134.25
Total Assets	1,665	1,257	1,091	911.65	812.51
Accounts Payable	12.81	2.39	7.32	3.73	3.18
Accrued Expenses	60.53	28.15	31	31.35	21.42
Current Portion of Leases	6.5	3.66	3.15	3.15	3.15
Current Income Taxes Payable	27.9	-	-	-	-
Other Current Liabilities	45.5	23.49	31.98	22.21	15.18
Total Current Liabilities	153.25	57.69	73.45	60.44	42.93
Long-Term Leases	88.26	41	38.58	39.33	39.98
Long-Term Deferred Tax Liabilities	18.24	-	-	-	-
Other Long-Term Liabilities	41.37	-	-	-	-
Total Liabilities	314.23	107.63	119.6	106.11	87.89
Common Stock	538.72	89.79	89.79	89.79	89.79
Retained Earnings	696.79	1,037	859.45	691.34	613.13
Comprehensive Income & Other	-	22.95	22.52	24.41	21.71
Total Common Equity	1,236	1,150	971.76	805.54	724.62
Minority Interest	115.7	-	-	-	-
Shareholders' Equity	1,351	1,150	971.76	805.54	724.62
Total Liabilities & Equity	1,665	1,257	1,091	911.65	812.51
Total Debt	94.76	44.66	41.73	42.48	43.13
Net Cash (Debt)	712.27	716.4	593.02	436.18	345.29
Net Cash Growth	-0.58%	20.81%	35.96%	26.32%	28.07%
Net Cash Per Share	0.66	0.66	0.55	0.40	0.32
Filing Date Shares Outstanding	1,077	1,077	1,077	1,077	1,077
Total Common Shares Outstanding	1,077	1,077	1,077	1,077	1,077
Working Capital	864.54	736.73	579.37	433.96	356.56
Book Value Per Share	1.15	1.07	0.90	0.75	0.67
Tangible Book Value	955.49	1,145	968.5	802.26	721.16
Tangible Book Value Per Share	0.89	1.06	0.90	0.74	0.67
Buildings	338.37	288.1	254.88	254.33	253.81
Machinery	166.5	103.83	89.47	91.19	85.65
Construction In Progress	5.38	2.33	30.54	6.54	0.2

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