Manazel PJSC 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	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	22.47	11.37	8.59	15.52	57.51	55.58
Cash & Short-Term Investments	22.47	11.37	8.59	15.52	57.51	55.58
Cash Growth	62.61%	32.37%	-44.64%	-73.01%	3.48%	-22.48%
Accounts Receivable	810.86	761.15	1,297	1,647	1,734	1,999
Other Receivables	-	50.47	50.85	62.64	392.66	353.97
Receivables	810.86	811.62	1,348	1,710	2,127	2,353
Inventory	794.26	793.8	178.21	181.71	181.71	181.45
Prepaid Expenses	-	13.15	17	24.51	36.21	37.72
Other Current Assets	-	136.84	212.47	17.07	2.94	22.71
Total Current Assets	1,628	1,767	1,765	1,949	2,405	2,650
Property, Plant & Equipment	983.83	986.37	992.45	1,089	1,096	1,101
Long-Term Deferred Tax Assets	6.5	6.54	-	-	-	-
Other Long-Term Assets	2,723	2,483	2,521	2,427	2,384	2,066
Total Assets	5,341	5,243	5,278	5,465	5,886	5,817
Accounts Payable	1,003	172.04	186.47	138.08	271.45	330.8
Accrued Expenses	-	137.16	108.35	85.32	34.66	65.1
Current Portion of Long-Term Debt	-	1,218	1,022	961.29	205.05	152.52
Current Portion of Leases	-	0.56	14.71	12.66	4.21	14.91
Current Income Taxes Payable	4.87	4.52	-	-	-	-
Current Unearned Revenue	14.28	14.16	14.73	15.17	14.96	14.25
Other Current Liabilities	-	109.92	110.26	110.49	122.61	134.39
Total Current Liabilities	1,022	1,657	1,457	1,323	652.95	711.96
Long-Term Debt	1,376	178.01	421.97	538.64	1,303	1,252
Long-Term Leases	1.13	0.94	1.81	38.14	3.1	3.52
Long-Term Unearned Revenue	-	70.44	71.73	12.09	7.89	10.95
Pension & Post-Retirement Benefits	7.16	8.46	8.17	6.92	6.18	5.99
Other Long-Term Liabilities	-	392.23	390.12	420.13	646.25	598.27
Total Liabilities	2,406	2,307	2,350	2,339	2,619	2,582
Common Stock	2,600	2,600	2,600	2,600	2,600	2,600
Retained Earnings	270.82	271.56	263.34	461.68	614.52	594.06
Comprehensive Income & Other	64.07	64.07	64.07	64.07	51.84	40.72
Total Common Equity	2,935	2,936	2,927	3,126	3,266	3,235
Shareholders' Equity	2,935	2,936	2,927	3,126	3,266	3,235
Total Liabilities & Equity	5,341	5,243	5,278	5,465	5,886	5,817
Total Debt	1,377	1,398	1,461	1,551	1,515	1,423
Net Cash (Debt)	-1,354	-1,387	-1,452	-1,535	-1,458	-1,367
Net Cash Per Share	-0.52	-0.53	-0.56	-0.59	-0.56	-0.53
Filing Date Shares Outstanding	2,600	2,600	2,600	2,600	2,600	2,600
Total Common Shares Outstanding	2,600	2,600	2,600	2,600	2,600	2,600
Working Capital	605.7	109.93	307.85	625.76	1,752	1,938
Book Value Per Share	1.13	1.13	1.13	1.20	1.26	1.24
Tangible Book Value	2,935	2,936	2,927	3,126	3,266	3,235
Tangible Book Value Per Share	1.13	1.13	1.13	1.20	1.26	1.24
Land	-	828.45	828.45	828.45	828.45	828.41
Buildings	-	9.45	9.45	31.03	31.03	32.24
Machinery	-	249.88	249.93	348.9	348.66	348.96
Leasehold Improvements	-	10.81	10.73	10.73	10.73	10.73

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