MAIR Group - 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
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
Cash & Equivalents	-	504.3	776.62	200.79	179.54
Short-Term Investments	-	12.77	11.51	47.34	78.77
Trading Asset Securities	-	65.63	89.14	83.74	78.47
Cash & Short-Term Investments	376.33	582.7	877.26	331.88	336.78
Cash Growth	-61.48%	-33.58%	164.34%	-1.46%	-
Accounts Receivable	-	58.49	84.34	8.8	1.59
Other Receivables	-	172.03	67.09	-	-
Receivables	-	230.51	151.42	8.8	1.59
Inventory	-	204.43	247.58	144.62	139.04
Prepaid Expenses	-	23.96	40.43	9.49	27.3
Other Current Assets	-	124.89	258.72	-	-
Total Current Assets	-	1,166	1,575	494.79	504.7
Property, Plant & Equipment	-	1,444	1,360	571.92	460.96
Long-Term Investments	-	246.44	310.53	56.82	52.77
Goodwill	-	930.01	1,009	50	50
Other Intangible Assets	-	28.98	77.55	-	-
Other Long-Term Assets	-	1,857	1,770	1,454	369.68
Total Assets	-	5,673	6,103	2,628	1,438
Accounts Payable	-	233.7	240.8	122.15	160.28
Accrued Expenses	-	9.77	13.42	4.96	12.83
Short-Term Debt	-	-	43.43	-	-
Current Portion of Long-Term Debt	-	13	2.05	51.49	-
Current Portion of Leases	-	86.37	65.56	74.33	58.2
Current Unearned Revenue	-	42.62	42.55	-	-
Other Current Liabilities	-	239.9	215.07	72.01	79.46
Total Current Liabilities	-	625.35	622.87	324.93	310.77
Long-Term Debt	-	157.79	723.05	687.34	-
Long-Term Leases	-	608.53	560.38	132.91	197.59
Pension & Post-Retirement Benefits	-	27.47	33.5	17.38	20.3
Total Liabilities	-	1,419	1,940	1,163	528.65
Common Stock	-	1,115	899.19	381.4	256.4
Additional Paid-In Capital	-	2,300	1,593	289.5	-
Retained Earnings	-	770.03	867.47	921.82	787.44
Comprehensive Income & Other	-	68.6	803.7	-127.29	-134.39
Shareholders' Equity	4,207	4,254	4,163	1,465	909.46
Total Liabilities & Equity	-	5,673	6,103	2,628	1,438
Total Debt	744.25	865.69	1,394	946.06	255.79
Net Cash (Debt)	-367.92	-282.99	-517.2	-614.19	80.99
Net Cash Per Share	-0.16	-0.13	-0.53	-0.81	-
Filing Date Shares Outstanding	2,191	2,231	1,798	762.81	-
Total Common Shares Outstanding	2,191	2,231	1,798	762.81	-
Working Capital	-	541.14	952.54	169.86	193.93
Book Value Per Share	1.89	1.91	2.32	1.92	-
Tangible Book Value	3,245	3,295	3,077	1,415	859.46
Tangible Book Value Per Share	1.45	1.48	1.71	1.86	-
Land	-	509.36	453.5	167.46	103.38
Machinery	-	203.5	219.16	121.62	107.95
Construction In Progress	-	151.01	151.43	110.19	26.87
Leasehold Improvements	-	292.88	290.48	249.46	243.71

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