ADX:EMSTEEL Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	767.99	796.66	425.81	357.04	335.59	73.96	Upgrade
Cash & Short-Term Investments	767.99	796.66	425.81	357.04	335.59	73.96	Upgrade
Cash Growth	23.36%	87.09%	19.26%	6.39%	353.73%	-9.01%	Upgrade
Accounts Receivable	1,527	1,745	1,464	1,404	1,180	392.7	Upgrade
Other Receivables	-	143.06	86.85	125.24	280.61	0.07	Upgrade
Receivables	1,527	1,888	1,551	1,529	1,461	392.78	Upgrade
Inventory	2,072	1,543	1,935	2,067	2,289	396.82	Upgrade
Prepaid Expenses	-	32.68	55.26	34.13	31.95	19.57	Upgrade
Other Current Assets	192.52	310.9	152.2	93.05	144.24	1.13	Upgrade
Total Current Assets	4,559	4,572	4,120	4,080	4,261	884.26	Upgrade
Property, Plant & Equipment	6,469	6,630	6,792	7,285	7,690	2,093	Upgrade
Long-Term Investments	-	-	94.02	87.54	79.73	153.65	Upgrade
Goodwill	-	-	-	-	14.05	128.43	Upgrade
Other Intangible Assets	51.81	44.8	10.35	5.9	4.8	-	Upgrade
Other Long-Term Assets	11.32	11.85	12.56	13.26	13.97	-	Upgrade
Total Assets	11,091	11,259	11,029	11,471	12,064	3,260	Upgrade
Accounts Payable	1,420	1,270	1,415	1,302	1,177	289.55	Upgrade
Accrued Expenses	-	147.79	100.08	119.49	284.32	71.52	Upgrade
Short-Term Debt	87.23	485.79	354.37	1,182	2,085	394.48	Upgrade
Current Portion of Long-Term Debt	-	-	134.93	152.1	286.67	153.21	Upgrade
Current Portion of Leases	21.48	12.2	11.2	13.62	31	3.66	Upgrade
Current Income Taxes Payable	29.81	20.6	-	-	-	-	Upgrade
Other Current Liabilities	34.47	107.29	147.29	188.17	53.19	24.1	Upgrade
Total Current Liabilities	1,593	2,043	2,163	2,958	3,918	936.51	Upgrade
Long-Term Debt	-	-	-	134.93	269.9	403.68	Upgrade
Long-Term Leases	320.96	321.11	333.02	461.22	479.83	146.18	Upgrade
Pension & Post-Retirement Benefits	154.2	154.95	200.77	189.14	217.08	49.03	Upgrade
Long-Term Deferred Tax Liabilities	18.66	18.66	-	-	-	-	Upgrade
Total Liabilities	2,087	2,538	2,696	3,743	4,885	1,535	Upgrade
Common Stock	6,850	6,850	6,850	6,850	6,850	1,750	Upgrade
Retained Earnings	1,014	730.32	337.93	-263.99	-765.19	-20.56	Upgrade
Comprehensive Income & Other	1,140	1,140	1,145	1,142	1,094	-5.31	Upgrade
Total Common Equity	9,004	8,720	8,332	7,728	7,179	1,724	Upgrade
Shareholders' Equity	9,004	8,720	8,332	7,728	7,179	1,724	Upgrade
Total Liabilities & Equity	11,091	11,259	11,029	11,471	12,064	3,260	Upgrade
Total Debt	429.67	819.1	833.52	1,944	3,153	1,101	Upgrade
Net Cash (Debt)	338.32	-22.44	-407.71	-1,587	-2,817	-1,027	Upgrade
Net Cash Per Share	0.05	-0.00	-0.06	-0.23	-0.93	-0.59	Upgrade
Filing Date Shares Outstanding	6,816	6,850	6,850	6,850	6,850	1,750	Upgrade
Total Common Shares Outstanding	6,816	6,850	6,850	6,850	6,850	1,750	Upgrade
Working Capital	2,966	2,529	1,957	1,122	343.6	-52.25	Upgrade
Book Value Per Share	1.32	1.27	1.22	1.13	1.05	0.99	Upgrade
Tangible Book Value	8,952	8,676	8,322	7,722	7,160	1,596	Upgrade
Tangible Book Value Per Share	1.31	1.27	1.21	1.13	1.05	0.91	Upgrade
Land	-	1,787	1,848	1,876	1,979	782.01	Upgrade
Machinery	-	12,790	12,556	12,352	13,687	2,764	Upgrade
Construction In Progress	-	57.17	53.2	42.53	29.71	17.25	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.