Ghitha Holding P.J.S.C 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
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
Cash & Equivalents	620.4	605.01	1,005	469.44	173.69	160.88
Short-Term Investments	33.19	43.17	71.64	25.64	13.9	1.25
Trading Asset Securities	3.96	4.45	550.27	688.81	82.75	-
Cash & Short-Term Investments	657.54	652.62	1,627	1,184	270.34	162.13
Cash Growth	-6.37%	-59.88%	37.39%	337.93%	66.74%	154.93%
Accounts Receivable	1,109	800.6	874.02	933.39	129.34	5.13
Other Receivables	39.15	287.58	501.36	451.06	131.14	105.76
Receivables	1,148	1,088	1,375	1,384	260.48	110.9
Inventory	567.66	548.74	461.24	239.02	85.12	8.63
Prepaid Expenses	51.06	37.45	37.76	18.23	8.89	0.49
Other Current Assets	205.96	196.79	83.44	42.28	6.26	1.52
Total Current Assets	2,631	2,524	3,584	2,868	631.1	283.66
Property, Plant & Equipment	2,350	2,121	2,137	1,247	544.66	26.79
Long-Term Investments	4,139	4,099	809.01	803.32	270.5	-
Goodwill	-	173.3	165.52	132.88	0.92	-
Other Intangible Assets	594.51	195.83	212.86	275.32	41.65	-
Long-Term Deferred Tax Assets	40.71	33.6	20.65	16.77	-	-
Other Long-Term Assets	199.12	181.69	136.39	22.67	-	-
Total Assets	9,954	9,328	7,065	5,366	1,489	310.45
Accounts Payable	1,169	1,170	756.11	452.31	121.69	49.67
Accrued Expenses	-	-	-	-	-	4.96
Short-Term Debt	-	134.27	130.35	236.13	80	80
Current Portion of Long-Term Debt	511.32	408.96	423.29	118	34.77	-
Current Portion of Leases	21.69	16.92	13.58	5.78	1.88	0.29
Current Income Taxes Payable	-	17.01	-	-	-	-
Current Unearned Revenue	4.64	5.07	5.64	4.86	1.94	-
Other Current Liabilities	156.74	160.35	421.27	208.71	205.81	2.94
Total Current Liabilities	1,863	1,912	1,750	1,026	446.08	137.86
Long-Term Debt	896.12	497.39	689.38	422.44	40.44	-
Long-Term Leases	165.35	82.06	93.82	90.29	26.89	7.37
Long-Term Unearned Revenue	0.42	3.8	8.87	-	-	-
Pension & Post-Retirement Benefits	91.22	74.71	70.88	26.79	10.18	3.82
Long-Term Deferred Tax Liabilities	34.47	35.26	37.39	3.79	1.89	-
Other Long-Term Liabilities	42.86	50	-	-	-	-
Total Liabilities	3,094	2,656	2,651	1,569	525.48	149.05
Common Stock	241.6	241.6	241.6	241.6	100	100
Additional Paid-In Capital	37.29	37.29	37.29	37.29	12.29	12.29
Retained Earnings	3,126	3,065	418.78	388.45	106.73	49.11
Comprehensive Income & Other	2,062	1,977	2,039	1,858	716.16	-
Total Common Equity	5,467	5,321	2,736	2,526	935.19	161.4
Minority Interest	1,393	1,351	1,679	1,271	28.14	-
Shareholders' Equity	6,860	6,672	4,415	3,797	963.33	161.4
Total Liabilities & Equity	9,954	9,328	7,065	5,366	1,489	310.45
Total Debt	1,594	1,140	1,350	872.64	183.98	87.66
Net Cash (Debt)	-936.94	-486.97	276.17	311.25	86.36	74.47
Net Cash Growth	-	-	-11.27%	260.40%	15.97%	32.80%
Net Cash Per Share	-3.88	-2.02	1.14	1.59	0.86	0.74
Filing Date Shares Outstanding	241.6	241.6	241.6	241.6	100	100
Total Common Shares Outstanding	241.6	241.6	241.6	241.6	100	100
Working Capital	767.25	611.48	1,834	1,842	185.01	145.8
Book Value Per Share	22.63	22.03	11.33	10.45	9.35	1.61
Tangible Book Value	4,873	4,952	2,358	2,118	892.63	161.4
Tangible Book Value Per Share	20.17	20.50	9.76	8.76	8.93	1.61
Land	-	192.79	114.26	72.05	115.31	-
Buildings	-	1,824	1,455	634.32	358.57	15.47
Machinery	-	1,400	2,115	1,319	156.92	11.36
Construction In Progress	-	52.66	55.47	25.89	2.24	3.63

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