ADX:ESG 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	1,012	694.59	468.32	577.94	432.03	253.75
Trading Asset Securities	0.58	0.67	4.78	45.86	38.55	49.57
Cash & Short-Term Investments	1,012	695.26	473.1	623.8	470.58	303.33
Cash Growth	119.92%	46.96%	-24.16%	32.56%	55.14%	95.31%
Receivables	881.9	930.55	816.77	433.12	435.76	315.62
Inventory	516.69	409.7	354.6	195.87	3.56	1.06
Total Current Assets	2,411	2,036	1,644	1,253	909.9	620.01
Property, Plant & Equipment	530.68	501.73	532.59	365.87	87.47	71.62
Long-Term Investments	1,246	1,226	1,206	1,286	108.52	74.51
Goodwill	-	64.58	64.58	33.84	-	-
Other Intangible Assets	86.58	23.02	31.56	6.65	0.2	0.04
Long-Term Accounts Receivable	35.63	32.41	31.03	31.03	38.37	37.78
Long-Term Deferred Tax Assets	6.15	4.5	4.48	0.4	-	-
Other Long-Term Assets	446.07	436.13	168.96	83.54	-	0.85
Total Assets	4,762	4,324	3,683	3,061	1,144	804.8
Accounts Payable	578.57	581.09	549.05	564.46	340.57	234.38
Short-Term Debt	24.57	-	-	0.25	-	-
Current Portion of Long-Term Debt	-	17.5	28.27	32.26	-	-
Current Portion of Leases	50.53	48.69	40.89	32.35	1.32	0.66
Current Income Taxes Payable	59.31	47.91	21.74	-	-	-
Current Unearned Revenue	570.28	474.77	235.87	-	-	-
Total Current Liabilities	1,283	1,170	875.81	629.32	341.89	235.04
Long-Term Debt	106.49	4.38	21.88	49.34	-	-
Long-Term Leases	181.15	148.58	154.89	46.8	4.09	0.64
Pension & Post-Retirement Benefits	74.83	73.55	65.64	41.2	34.72	25.95
Long-Term Deferred Tax Liabilities	1.8	2	2.8	0.59	-	-
Other Long-Term Liabilities	8.44	5.24	59.51	5.31	5.85	6.35
Total Liabilities	1,656	1,404	1,181	772.56	386.56	267.98
Common Stock	250	250	250	250	250	250
Retained Earnings	1,504	1,451	1,151	895.94	224.53	76.32
Comprehensive Income & Other	779.47	778.9	782.73	857.05	209.32	165.35
Total Common Equity	2,534	2,480	2,184	2,003	683.85	491.67
Minority Interest	572.15	440.75	319.21	284.95	74.06	45.16
Shareholders' Equity	3,106	2,921	2,503	2,288	757.9	536.83
Total Liabilities & Equity	4,762	4,324	3,683	3,061	1,144	804.8
Total Debt	362.74	219.15	245.92	161	5.42	1.3
Net Cash (Debt)	649.62	476.11	227.18	462.81	465.17	302.03
Net Cash Growth	178.07%	109.58%	-50.91%	-0.51%	54.02%	94.47%
Net Cash Per Share	2.60	1.90	0.91	1.85	1.86	1.21
Filing Date Shares Outstanding	254.32	250	250	250	250	250
Total Common Shares Outstanding	254.32	250	250	250	250	250
Working Capital	1,128	865.55	768.66	623.48	568.01	384.97
Book Value Per Share	9.96	9.92	8.73	8.01	2.74	1.97
Tangible Book Value	2,447	2,392	2,087	1,962	683.65	491.63
Tangible Book Value Per Share	9.62	9.57	8.35	7.85	2.73	1.97
Land	-	49.58	127.77	126.57	0.04	-
Buildings	-	212.05	187.96	226.34	81.65	5.5
Machinery	-	162.76	151.97	120.61	67.91	38.69
Construction In Progress	-	114.56	82.02	13.14	3.05	61.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.