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 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	667.18	555.13	605.01	1,005	469.44	173.69
Short-Term Investments	3.59	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	670.77	587.24	652.62	1,627	1,184	270.34
Cash Growth	20.14%	-10.02%	-59.88%	37.39%	337.93%	66.74%
Accounts Receivable	1,319	1,104	1,072	874.02	933.39	129.34
Other Receivables	125.07	38.96	16.01	501.36	451.06	131.14
Receivables	1,444	1,143	1,088	1,375	1,384	260.48
Inventory	661.19	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	114.79	197.87	196.79	83.44	42.28	6.26
Total Current Assets	2,891	2,622	2,524	3,584	2,868	631.1
Property, Plant & Equipment	2,321	2,324	2,121	2,137	1,247	544.66
Long-Term Investments	3,947	4,142	4,099	809.01	803.32	270.5
Goodwill	-	256.69	173.3	165.52	132.88	0.92
Other Intangible Assets	618.5	354.71	195.83	212.86	275.32	41.65
Long-Term Deferred Tax Assets	37.07	36.28	33.6	20.65	16.77	-
Other Long-Term Assets	211.84	215.08	181.69	136.39	22.67	-
Total Assets	10,026	9,951	9,328	7,065	5,366	1,489
Accounts Payable	1,359	1,182	1,267	756.11	452.31	121.69
Short-Term Debt	-	154.42	134.27	130.35	236.13	80
Current Portion of Long-Term Debt	244.63	404.46	408.96	423.29	118	34.77
Current Portion of Leases	23.31	24.8	16.92	13.58	5.78	1.88
Current Income Taxes Payable	-	27.74	17.01	-	-	-
Current Unearned Revenue	2.11	3.38	5.07	5.64	4.86	1.94
Other Current Liabilities	146.95	140.19	62.75	421.27	208.71	205.81
Total Current Liabilities	1,776	1,937	1,912	1,750	1,026	446.08
Long-Term Debt	988.63	792.93	497.39	689.38	422.44	40.44
Long-Term Leases	157.09	158.45	82.06	93.82	90.29	26.89
Long-Term Unearned Revenue	12.23	12.23	3.8	8.87	-	-
Pension & Post-Retirement Benefits	97.49	93.8	74.71	70.88	26.79	10.18
Long-Term Deferred Tax Liabilities	53.27	52.05	35.26	37.39	3.79	1.89
Other Long-Term Liabilities	35.71	35.71	50	-	-	-
Total Liabilities	3,120	3,082	2,656	2,651	1,569	525.48
Common Stock	241.6	241.6	241.6	241.6	241.6	100
Additional Paid-In Capital	37.29	37.29	37.29	37.29	37.29	12.29
Retained Earnings	3,147	3,114	3,065	418.78	388.45	106.73
Comprehensive Income & Other	2,051	2,061	1,977	2,039	1,858	716.16
Total Common Equity	5,477	5,454	5,321	2,736	2,526	935.19
Minority Interest	1,428	1,414	1,351	1,679	1,271	28.14
Shareholders' Equity	6,906	6,868	6,672	4,415	3,797	963.33
Total Liabilities & Equity	10,026	9,951	9,328	7,065	5,366	1,489
Total Debt	1,414	1,535	1,140	1,350	872.64	183.98
Net Cash (Debt)	-742.88	-947.81	-486.97	276.17	311.25	86.36
Net Cash Growth	-	-	-	-11.27%	260.40%	15.97%
Net Cash Per Share	-3.08	-3.92	-2.02	1.14	1.59	0.86
Filing Date Shares Outstanding	233.41	241.6	241.6	241.6	241.6	100
Total Common Shares Outstanding	233.41	241.6	241.6	241.6	241.6	100
Working Capital	1,115	684.85	611.48	1,834	1,842	185.01
Book Value Per Share	23.47	22.58	22.03	11.33	10.45	9.35
Tangible Book Value	4,859	4,843	4,952	2,358	2,118	892.63
Tangible Book Value Per Share	20.82	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

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