ADX:IHC 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	74,859	55,212	33,919	37,230	20,247
Short-Term Investments	93,809	75,037	42,805	35,002	949.82
Trading Asset Securities	-	12.06	24.6	41.75	9,103
Cash & Short-Term Investments	168,668	130,262	76,748	72,274	30,300
Cash Growth	29.48%	69.73%	6.19%	138.53%	591.84%
Accounts Receivable	51,209	41,031	25,458	22,599	14,220
Other Receivables	760.64	2,602	365.26	2,976	7.24
Receivables	53,803	44,545	25,829	25,576	14,233
Inventory	26,964	54,583	24,432	19,369	2,249
Prepaid Expenses	1,496	2,235	1,211	948.39	373.33
Other Current Assets	16,178	13,626	8,729	8,884	6,980
Total Current Assets	267,109	245,250	136,948	127,050	54,135
Property, Plant & Equipment	37,538	39,754	22,963	22,457	10,305
Long-Term Investments	50,518	53,898	59,909	34,477	13,247
Goodwill	7,966	6,789	5,798	5,216	885.38
Other Intangible Assets	18,833	9,710	4,149	6,401	1,557
Long-Term Accounts Receivable	3,089	2,010	2,758	2,600	861.3
Long-Term Deferred Tax Assets	1,320	737.33	135.56	106.36	16.94
Other Long-Term Assets	32,339	34,431	30,997	29,728	7,952
Total Assets	428,602	401,811	264,275	228,034	88,980
Accounts Payable	12,908	10,664	8,166	9,598	7,222
Accrued Expenses	1,046	1,767	5,411	5,108	2,191
Short-Term Debt	2,999	2,291	1,091	404.68	735.72
Current Portion of Long-Term Debt	8,516	18,747	5,317	2,089	1,935
Current Portion of Leases	1,344	695.99	256.3	258.2	117.63
Current Income Taxes Payable	2,875	1,179	224.94	-	-
Current Unearned Revenue	23,681	23,499	16,200	12,410	2,763
Other Current Liabilities	33,946	29,690	18,596	22,263	9,302
Total Current Liabilities	87,315	88,533	55,262	52,131	24,265
Long-Term Debt	72,362	53,638	42,193	37,551	6,806
Long-Term Leases	4,868	3,887	1,896	2,814	876.91
Long-Term Unearned Revenue	860.83	1,953	1,075	1,474	83.66
Pension & Post-Retirement Benefits	2,049	1,950	1,516	2,771	809.8
Long-Term Deferred Tax Liabilities	4,270	3,019	875.04	65.15	1.89
Other Long-Term Liabilities	6,176	4,444	4,721	1,863	104.42
Total Liabilities	177,901	157,424	107,538	98,670	32,948
Common Stock	2,194	2,194	2,194	2,194	1,821
Additional Paid-In Capital	940.02	940.02	940.02	152,129	-
Retained Earnings	111,508	89,951	74,795	23,799	8,240
Treasury Stock	-5,000	-1,199	-	-	-
Comprehensive Income & Other	45,016	56,076	19,126	-108,445	17,032
Total Common Equity	154,657	147,962	97,054	69,676	27,094
Minority Interest	96,043	96,425	59,682	59,688	28,938
Shareholders' Equity	250,701	244,387	156,737	129,364	56,032
Total Liabilities & Equity	428,602	401,811	264,275	228,034	88,980
Total Debt	90,089	79,260	50,754	43,117	10,471
Net Cash (Debt)	78,579	51,002	25,994	29,156	19,828
Net Cash Growth	54.07%	96.20%	-10.85%	47.04%	489.26%
Net Cash Per Share	35.93	23.26	11.85	15.68	10.89
Filing Date Shares Outstanding	2,181	2,191	2,194	2,194	1,821
Total Common Shares Outstanding	2,181	2,191	2,194	2,194	1,821
Working Capital	179,795	156,718	81,687	74,919	29,870
Book Value Per Share	70.07	66.71	43.42	30.94	14.88
Tangible Book Value	127,859	131,463	87,108	58,060	24,651
Tangible Book Value Per Share	57.79	59.18	38.88	25.64	13.54
Land	1,637	500.03	415.29	341.88	385.04
Buildings	20,230	28,661	15,520	15,017	2,996
Machinery	31,034	28,577	18,995	20,937	12,081
Construction In Progress	3,561	6,892	3,485	2,298	1,583

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