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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	738.46	721.73	684.09	574.93	373.13	283.31
Short-Term Investments	-	-	-	-	-	81.17
Trading Asset Securities	55.07	85.31	76.97	59.82	105.53	23.94
Cash & Short-Term Investments	793.53	807.04	761.06	634.75	478.66	388.42
Cash Growth	5.71%	6.04%	19.90%	32.61%	23.23%	23.94%
Accounts Receivable	10.17	12.09	9.03	5.81	2.78	2.04
Other Receivables	23.81	15.69	16.26	3.26	1.31	1.9
Receivables	33.98	27.78	25.29	9.07	4.09	3.94
Inventory	1.18	1.01	0.9	0.8	2.52	3.35
Prepaid Expenses	16.23	12.45	4.71	7.06	4.73	1.97
Other Current Assets	155.88	169.51	2.47	1.15	4.41	1.81
Total Current Assets	1,001	1,018	794.42	652.82	494.4	399.49
Property, Plant & Equipment	376.89	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	277.31	200.72	4.66	3.26	3.28	3.46
Other Long-Term Assets	-	-	164.1	148.5	136.7	134.25
Total Assets	1,655	1,665	1,257	1,091	911.65	812.51
Accounts Payable	20.62	12.81	2.39	7.32	3.73	3.18
Accrued Expenses	47.25	60.53	28.15	31	31.35	21.42
Current Portion of Leases	7.18	6.5	3.66	3.15	3.15	3.15
Current Income Taxes Payable	53.33	27.9	-	-	-	-
Other Current Liabilities	44.13	45.5	23.49	31.98	22.21	15.18
Total Current Liabilities	172.5	153.25	57.69	73.45	60.44	42.93
Long-Term Leases	85.72	88.26	41	38.58	39.33	39.98
Long-Term Deferred Tax Liabilities	18.52	18.24	-	-	-	-
Other Long-Term Liabilities	41.37	41.37	-	-	-	-
Total Liabilities	332.46	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	667.5	696.79	1,037	859.45	691.34	613.13
Comprehensive Income & Other	-	-	22.95	22.52	24.41	21.71
Total Common Equity	1,206	1,236	1,150	971.76	805.54	724.62
Minority Interest	116.33	115.7	-	-	-	-
Shareholders' Equity	1,323	1,351	1,150	971.76	805.54	724.62
Total Liabilities & Equity	1,655	1,665	1,257	1,091	911.65	812.51
Total Debt	92.9	94.76	44.66	41.73	42.48	43.13
Net Cash (Debt)	700.63	712.27	716.4	593.02	436.18	345.29
Net Cash Growth	-1.05%	-0.58%	20.81%	35.96%	26.32%	28.07%
Net Cash Per Share	0.65	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	828.3	864.54	736.73	579.37	433.96	356.56
Book Value Per Share	1.12	1.15	1.07	0.90	0.75	0.67
Tangible Book Value	928.91	955.49	1,145	968.5	802.26	721.16
Tangible Book Value Per Share	0.86	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.