Palms Sports PJSC Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	170.81	194.5	306.19	284.58	224.44	194.09
Trading Asset Securities	54.05	66.88	77.74	94.25	110.88	33.37
Cash & Short-Term Investments	224.86	261.38	383.93	378.82	335.32	227.46
Cash Growth	-12.50%	-31.92%	1.35%	12.97%	47.42%	89.84%
Accounts Receivable	417.32	421.7	330.79	276.97	116.8	107.53
Other Receivables	56.46	76.52	106.77	74.78	28.43	20.31
Receivables	506.38	532.42	441.86	357.45	145.22	127.84
Inventory	6.84	5.42	6.8	6.56	5.49	0.77
Prepaid Expenses	46.32	48.95	46.62	31.2	6.84	1.62
Other Current Assets	18.95	17.14	3.05	3.73	2.22	1.47
Total Current Assets	803.36	865.31	882.25	777.76	495.09	359.16
Property, Plant & Equipment	101.11	103.02	106.17	54.15	0.52	0.95
Long-Term Investments	36.88	36.69	34.19	35.68	33.95	16.12
Goodwill	-	17.66	19.62	18.68	2.72	-
Other Intangible Assets	74.55	56.93	62.63	68.77	0.41	0
Other Long-Term Assets	6.41	5.45	7.01	5.84	-	-
Total Assets	1,022	1,085	1,112	960.87	532.69	376.23
Accounts Payable	160.82	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	41.67	78.91	30	-	-
Current Portion of Leases	1.41	3.77	3.5	1.88	-	0.06
Current Income Taxes Payable	21.7	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	225.6	225.12	239.88	150.03	33.22	17.79
Long-Term Debt	71.67	71.67	157.33	120	-	-
Long-Term Leases	6.88	6.88	8.73	4.78	-	0.48
Pension & Post-Retirement Benefits	143.55	139.77	125.87	108.2	33.39	28.71
Long-Term Deferred Tax Liabilities	3.49	3.75	4.64	6.41	-	-
Total Liabilities	451.19	447.19	536.46	389.42	66.61	46.98
Common Stock	150	150	150	150	150	150
Additional Paid-In Capital	-	-	-	0.21	31.02	-
Retained Earnings	424.55	490.96	425.34	415.72	279.37	177.13
Comprehensive Income & Other	-2.41	-2.41	-0.15	5.11	5.04	2.12
Total Common Equity	572.14	638.55	575.18	571.05	465.43	329.25
Minority Interest	-1.02	-0.68	0.24	0.41	0.65	-
Shareholders' Equity	571.12	637.87	575.42	571.45	466.08	329.25
Total Liabilities & Equity	1,022	1,085	1,112	960.87	532.69	376.23
Total Debt	121.63	123.99	248.47	156.65	0.2	0.54
Net Cash (Debt)	103.23	137.39	135.46	222.17	335.12	226.92
Net Cash Growth	13.19%	1.43%	-39.03%	-33.70%	47.68%	90.34%
Net Cash Per Share	0.69	0.92	0.90	1.48	2.23	1.51
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Working Capital	577.76	640.19	642.37	627.73	461.88	341.37
Book Value Per Share	3.81	4.26	3.83	3.81	3.10	2.19
Tangible Book Value	497.59	563.96	492.92	483.6	462.31	329.25
Tangible Book Value Per Share	3.32	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	-	-	-	-

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