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

ADX:DRIVE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	940.99	721.73	684.09	574.93	373.13	283.31
Short-Term Investments	-	-	-	-	-	81.17
Trading Asset Securities	55.7	85.31	76.97	59.82	105.53	23.94
Cash & Short-Term Investments	996.68	807.04	761.06	634.75	478.66	388.42
Cash Growth	37.35%	6.04%	19.90%	32.61%	23.23%	23.94%
Accounts Receivable	13.71	12.09	9.03	5.81	2.78	2.04
Other Receivables	29.41	15.69	16.26	3.26	1.31	1.9
Receivables	43.12	27.78	25.29	9.07	4.09	3.94
Inventory	1.16	1.01	0.9	0.8	2.52	3.35
Prepaid Expenses	16.11	12.45	4.71	7.06	4.73	1.97
Other Current Assets	54.62	169.51	2.47	1.15	4.41	1.81
Total Current Assets	1,112	1,018	794.42	652.82	494.4	399.49
Property, Plant & Equipment	415.68	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	276.87	200.72	4.66	3.26	3.28	3.46
Other Long-Term Assets	-	-	164.1	148.5	136.7	134.25
Total Assets	1,804	1,665	1,257	1,091	911.65	812.51
Accounts Payable	16.97	12.81	2.39	7.32	3.73	3.18
Accrued Expenses	55.74	60.53	28.15	31	31.35	21.42
Current Portion of Leases	6.45	6.5	3.66	3.15	3.15	3.15
Current Income Taxes Payable	45.33	27.9	-	-	-	-
Other Current Liabilities	45.68	45.5	23.49	31.98	22.21	15.18
Total Current Liabilities	170.17	153.25	57.69	73.45	60.44	42.93
Long-Term Leases	123.45	88.26	41	38.58	39.33	39.98
Pension & Post-Retirement Benefits	15.16	13.11	8.94	7.57	6.34	4.98
Long-Term Deferred Tax Liabilities	18.56	18.24	-	-	-	-
Other Long-Term Liabilities	41.37	41.37	-	-	-	-
Total Liabilities	368.71	314.23	107.63	119.6	106.11	87.89
Common Stock	538.72	538.72	89.79	89.79	89.79	89.79
Retained Earnings	776.78	696.79	1,037	859.45	691.34	613.13
Comprehensive Income & Other	-	-	22.95	22.52	24.41	21.71
Total Common Equity	1,316	1,236	1,150	971.76	805.54	724.62
Minority Interest	120.03	115.7	-	-	-	-
Shareholders' Equity	1,436	1,351	1,150	971.76	805.54	724.62
Total Liabilities & Equity	1,804	1,665	1,257	1,091	911.65	812.51
Total Debt	129.9	94.76	44.66	41.73	42.48	43.13
Net Cash (Debt)	866.78	712.27	716.4	593.02	436.18	345.29
Net Cash Growth	35.86%	-0.58%	20.81%	35.96%	26.32%	28.07%
Net Cash Per Share	0.80	0.66	0.66	0.55	0.40	0.32
Filing Date Shares Outstanding	1,077	1,077	1,077	1,077	1,077	1,077
Total Common Shares Outstanding	1,077	1,077	1,077	1,077	1,077	1,077
Working Capital	941.52	864.54	736.73	579.37	433.96	356.56
Book Value Per Share	1.22	1.15	1.07	0.90	0.75	0.67
Tangible Book Value	1,039	955.49	1,145	968.5	802.26	721.16
Tangible Book Value Per Share	0.96	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.