Manazel PJSC 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	22.61	11.37	8.59	15.52	57.51
Cash & Short-Term Investments	22.61	11.37	8.59	15.52	57.51
Cash Growth	98.83%	32.37%	-44.64%	-73.01%	3.48%
Accounts Receivable	383.41	761.15	1,297	1,647	1,734
Other Receivables	3.39	7.47	50.85	62.64	392.66
Receivables	429.81	811.62	1,348	1,710	2,127
Inventory	538.49	793.8	178.21	181.71	181.71
Prepaid Expenses	10.8	13.15	17	24.51	36.21
Other Current Assets	313.03	136.84	212.47	17.07	2.94
Total Current Assets	1,315	1,767	1,765	1,949	2,405
Property, Plant & Equipment	923.12	986.37	992.45	1,089	1,096
Long-Term Deferred Tax Assets	32.87	6.54	-	-	-
Other Long-Term Assets	2,975	2,483	2,521	2,427	2,384
Total Assets	5,246	5,243	5,278	5,465	5,886
Accounts Payable	333.8	172.04	186.47	138.08	271.45
Accrued Expenses	149.16	137.16	108.35	85.32	34.66
Current Portion of Long-Term Debt	1,093	1,218	1,022	961.29	205.05
Current Portion of Leases	0.75	0.56	14.71	12.66	4.21
Current Income Taxes Payable	3.22	4.52	-	-	-
Current Unearned Revenue	14.08	14.16	14.73	15.17	14.96
Other Current Liabilities	109.73	109.92	110.26	110.49	122.61
Total Current Liabilities	1,704	1,657	1,457	1,323	652.95
Long-Term Debt	120	178.01	421.97	538.64	1,303
Long-Term Leases	0.19	0.94	1.81	38.14	3.1
Long-Term Unearned Revenue	57.77	70.44	71.73	12.09	7.89
Pension & Post-Retirement Benefits	8.86	8.46	8.17	6.92	6.18
Long-Term Deferred Tax Liabilities	13.18	-	-	-	-
Other Long-Term Liabilities	392.35	392.23	390.12	420.13	646.25
Total Liabilities	2,296	2,307	2,350	2,339	2,619
Common Stock	2,600	2,600	2,600	2,600	2,600
Retained Earnings	296.81	271.56	263.34	461.68	614.52
Comprehensive Income & Other	53.21	64.07	64.07	64.07	51.84
Total Common Equity	2,950	2,936	2,927	3,126	3,266
Shareholders' Equity	2,950	2,936	2,927	3,126	3,266
Total Liabilities & Equity	5,246	5,243	5,278	5,465	5,886
Total Debt	1,214	1,398	1,461	1,551	1,515
Net Cash (Debt)	-1,191	-1,387	-1,452	-1,535	-1,458
Net Cash Per Share	-0.46	-0.53	-0.56	-0.59	-0.56
Filing Date Shares Outstanding	2,600	2,600	2,600	2,600	2,600
Total Common Shares Outstanding	2,600	2,600	2,600	2,600	2,600
Working Capital	-388.9	109.93	307.85	625.76	1,752
Book Value Per Share	1.13	1.13	1.13	1.20	1.26
Tangible Book Value	2,950	2,936	2,927	3,126	3,266
Tangible Book Value Per Share	1.13	1.13	1.13	1.20	1.26
Land	770.27	828.45	828.45	828.45	828.45
Buildings	9.45	9.45	9.45	31.03	31.03
Machinery	249.78	249.88	249.93	348.9	348.66
Leasehold Improvements	10.81	10.81	10.73	10.73	10.73

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