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	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	555.13	605.01	1,005	469.44	173.69
Short-Term Investments	28.34	43.17	71.64	25.64	13.9
Trading Asset Securities	3.77	4.45	550.27	688.81	82.75
Cash & Short-Term Investments	587.24	652.62	1,627	1,184	270.34
Cash Growth	-10.02%	-59.88%	37.39%	337.93%	66.74%
Accounts Receivable	1,104	1,072	874.02	933.39	129.34
Other Receivables	38.96	16.01	501.36	451.06	131.14
Receivables	1,143	1,088	1,375	1,384	260.48
Inventory	638.63	548.74	461.24	239.02	85.12
Prepaid Expenses	54.57	37.45	37.76	18.23	8.89
Other Current Assets	197.87	196.79	83.44	42.28	6.26
Total Current Assets	2,622	2,524	3,584	2,868	631.1
Property, Plant & Equipment	2,324	2,121	2,137	1,247	544.66
Long-Term Investments	4,142	4,099	809.01	803.32	270.5
Goodwill	256.69	173.3	165.52	132.88	0.92
Other Intangible Assets	354.71	195.83	212.86	275.32	41.65
Long-Term Deferred Tax Assets	36.28	33.6	20.65	16.77	-
Other Long-Term Assets	215.08	181.69	136.39	22.67	-
Total Assets	9,951	9,328	7,065	5,366	1,489
Accounts Payable	1,210	1,284	756.11	452.31	121.69
Short-Term Debt	154.42	134.27	130.35	236.13	80
Current Portion of Long-Term Debt	404.46	408.96	423.29	118	34.77
Current Portion of Leases	24.8	16.92	13.58	5.78	1.88
Current Unearned Revenue	3.38	5.07	5.64	4.86	1.94
Other Current Liabilities	140.19	62.75	421.27	208.71	205.81
Total Current Liabilities	1,937	1,912	1,750	1,026	446.08
Long-Term Debt	792.93	497.39	689.38	422.44	40.44
Long-Term Leases	158.45	82.06	93.82	90.29	26.89
Long-Term Unearned Revenue	12.23	3.8	8.87	-	-
Pension & Post-Retirement Benefits	93.8	74.71	70.88	26.79	10.18
Long-Term Deferred Tax Liabilities	52.05	35.26	37.39	3.79	1.89
Other Long-Term Liabilities	35.71	50	-	-	-
Total Liabilities	3,082	2,656	2,651	1,569	525.48
Common Stock	241.6	241.6	241.6	241.6	100
Additional Paid-In Capital	37.29	37.29	37.29	37.29	12.29
Retained Earnings	3,114	3,065	418.78	388.45	106.73
Comprehensive Income & Other	2,061	1,977	2,039	1,858	716.16
Total Common Equity	5,454	5,321	2,736	2,526	935.19
Minority Interest	1,414	1,351	1,679	1,271	28.14
Shareholders' Equity	6,868	6,672	4,415	3,797	963.33
Total Liabilities & Equity	9,951	9,328	7,065	5,366	1,489
Total Debt	1,535	1,140	1,350	872.64	183.98
Net Cash (Debt)	-947.81	-486.97	276.17	311.25	86.36
Net Cash Growth	-	-	-11.27%	260.40%	15.97%
Net Cash Per Share	-3.92	-2.02	1.14	1.59	0.86
Filing Date Shares Outstanding	241.6	241.6	241.6	241.6	100
Total Common Shares Outstanding	241.6	241.6	241.6	241.6	100
Working Capital	684.85	611.48	1,834	1,842	185.01
Book Value Per Share	22.58	22.03	11.33	10.45	9.35
Tangible Book Value	4,843	4,952	2,358	2,118	892.63
Tangible Book Value Per Share	20.05	20.50	9.76	8.76	8.93
Land	195.23	192.79	114.26	72.05	115.31
Buildings	2,070	1,824	1,455	634.32	358.57
Machinery	1,640	1,400	2,115	1,319	156.92
Construction In Progress	52.78	52.66	55.47	25.89	2.24

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.