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	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	385.18	504.3	776.62	200.79	179.54
Short-Term Investments	14.09	12.77	11.51	47.34	78.77
Trading Asset Securities	55.61	65.63	89.14	83.74	78.47
Cash & Short-Term Investments	454.88	582.7	877.26	331.88	336.78
Cash Growth	-21.94%	-33.58%	164.34%	-1.46%	-
Accounts Receivable	48.13	58.49	84.34	8.8	1.59
Other Receivables	117.54	167.11	67.09	-	-
Receivables	165.67	225.59	151.42	8.8	1.59
Inventory	186.75	204.43	247.58	144.62	139.04
Prepaid Expenses	16.38	23.96	40.43	9.49	27.3
Other Current Assets	16.4	129.81	258.72	-	-
Total Current Assets	840.08	1,166	1,575	494.79	504.7
Property, Plant & Equipment	1,401	1,444	1,360	571.92	460.96
Long-Term Investments	224.14	246.44	310.53	56.82	52.77
Goodwill	930.01	930.01	1,009	50	50
Other Intangible Assets	31.59	28.98	77.55	-	-
Other Long-Term Assets	2,184	1,857	1,770	1,454	369.68
Total Assets	5,611	5,673	6,103	2,628	1,438
Accounts Payable	157.09	216.89	240.8	122.15	160.28
Accrued Expenses	10.84	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	83.16	86.37	65.56	74.33	58.2
Current Income Taxes Payable	21.37	16.92	-	-	-
Current Unearned Revenue	31.2	41.48	42.55	-	-
Other Current Liabilities	205.16	240.93	215.07	72.01	79.46
Total Current Liabilities	508.81	625.35	622.87	324.93	310.77
Long-Term Debt	-	157.79	723.05	687.34	-
Long-Term Leases	724.79	608.53	560.38	132.91	197.59
Pension & Post-Retirement Benefits	26.73	27.47	33.5	17.38	20.3
Total Liabilities	1,260	1,419	1,940	1,163	528.65
Common Stock	1,115	1,115	899.19	381.4	256.4
Additional Paid-In Capital	2,300	2,300	1,593	289.5	-
Retained Earnings	825.13	770.03	867.47	921.82	787.44
Comprehensive Income & Other	110.17	68.6	803.7	-127.29	-134.39
Shareholders' Equity	4,351	4,254	4,163	1,465	909.46
Total Liabilities & Equity	5,611	5,673	6,103	2,628	1,438
Total Debt	807.95	865.69	1,394	946.06	255.79
Net Cash (Debt)	-353.07	-282.99	-517.2	-614.19	80.99
Net Cash Per Share	-0.16	-0.13	-0.53	-0.81	-
Filing Date Shares Outstanding	2,231	2,231	1,798	762.81	-
Total Common Shares Outstanding	2,231	2,231	1,798	762.81	-
Working Capital	331.27	541.14	952.54	169.86	193.93
Book Value Per Share	1.95	1.91	2.32	1.92	-
Tangible Book Value	3,389	3,295	3,077	1,415	859.46
Tangible Book Value Per Share	1.52	1.48	1.71	1.86	-
Land	477.5	509.36	453.5	167.46	103.38
Machinery	222.08	210.22	219.16	121.62	107.95
Construction In Progress	26.58	151.01	151.43	110.19	26.87
Leasehold Improvements	342.61	308.12	290.48	249.46	243.71

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