Palms Sports 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	194.5	306.19	284.58	224.44	194.09
Trading Asset Securities	66.88	77.74	94.25	110.88	33.37
Cash & Short-Term Investments	261.38	383.93	378.82	335.32	227.46
Cash Growth	-31.92%	1.35%	12.97%	47.42%	89.84%
Accounts Receivable	421.7	330.79	276.97	116.8	107.53
Other Receivables	76.52	106.77	74.78	28.43	20.31
Receivables	532.42	441.86	357.45	145.22	127.84
Inventory	5.42	6.8	6.56	5.49	0.77
Prepaid Expenses	48.95	46.62	31.2	6.84	1.62
Other Current Assets	17.14	3.05	3.73	2.22	1.47
Total Current Assets	865.31	882.25	777.76	495.09	359.16
Property, Plant & Equipment	103.02	106.17	54.15	0.52	0.95
Long-Term Investments	36.69	34.19	35.68	33.95	16.12
Goodwill	17.66	19.62	18.68	2.72	-
Other Intangible Assets	56.93	62.63	68.77	0.41	0
Other Long-Term Assets	5.45	7.01	5.84	-	-
Total Assets	1,085	1,112	960.87	532.69	376.23
Accounts Payable	36.71	25.26	24.07	5.85	0.52
Accrued Expenses	88.48	87.8	79.21	23.55	17.14
Short-Term Debt	-	-	-	0.2	-
Current Portion of Long-Term Debt	41.67	78.91	30	-	-
Current Portion of Leases	3.77	3.5	1.88	-	0.06
Current Income Taxes Payable	17.56	13.72	-	-	-
Current Unearned Revenue	24.17	16.72	3.12	-	-
Other Current Liabilities	12.76	13.98	11.75	3.62	0.07
Total Current Liabilities	225.12	239.88	150.03	33.22	17.79
Long-Term Debt	71.67	157.33	120	-	-
Long-Term Leases	6.88	8.73	4.78	-	0.48
Pension & Post-Retirement Benefits	139.77	125.87	108.2	33.39	28.71
Long-Term Deferred Tax Liabilities	3.75	4.64	6.41	-	-
Total Liabilities	447.19	536.46	389.42	66.61	46.98
Common Stock	150	150	150	150	150
Additional Paid-In Capital	-	-	0.21	31.02	-
Retained Earnings	490.96	425.34	415.72	279.37	177.13
Comprehensive Income & Other	-2.41	-0.15	5.11	5.04	2.12
Total Common Equity	638.55	575.18	571.05	465.43	329.25
Minority Interest	-0.68	0.24	0.41	0.65	-
Shareholders' Equity	637.87	575.42	571.45	466.08	329.25
Total Liabilities & Equity	1,085	1,112	960.87	532.69	376.23
Total Debt	123.99	248.47	156.65	0.2	0.54
Net Cash (Debt)	137.39	135.46	222.17	335.12	226.92
Net Cash Growth	1.43%	-39.03%	-33.70%	47.68%	90.34%
Net Cash Per Share	0.92	0.90	1.48	2.23	1.51
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Working Capital	640.19	642.37	627.73	461.88	341.37
Book Value Per Share	4.26	3.83	3.81	3.10	2.19
Tangible Book Value	563.96	492.92	483.6	462.31	329.25
Tangible Book Value Per Share	3.76	3.29	3.22	3.08	2.19
Buildings	150.7	150.7	62.1	-	-
Machinery	42.73	38.03	18.44	3.91	2.49
Construction In Progress	1.66	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.