R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC)

R.A.K. Ceramics P.J.S.C. Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	200.55	239.25	321.29	362.98	469.79
Short-Term Investments	30.43	64.83	147.27	229.98	173.16
Trading Asset Securities	4.8	7.46	10.92	1.47	-
Cash & Short-Term Investments	235.78	311.54	479.49	594.43	642.95
Cash Growth	-24.32%	-35.03%	-19.34%	-7.55%	55.06%
Accounts Receivable	825.97	906.11	906.46	773.11	832.92
Other Receivables	81.34	84.16	95.94	109.95	87.91
Receivables	907.31	990.27	1,002	883.06	920.83
Inventory	1,356	1,302	1,309	1,086	1,076
Other Current Assets	246.89	231.99	214.5	251.16	213.48
Total Current Assets	2,746	2,836	3,006	2,815	2,853
Property, Plant & Equipment	1,439	1,442	1,339	1,158	1,230
Long-Term Investments	12.22	15.61	20.25	57.82	55.39
Goodwill	120.12	120.14	119.86	120.5	120.56
Other Intangible Assets	12.55	14.93	18.55	20.53	27.4
Long-Term Accounts Receivable	15.1	16.38	3.56	2.51	2.77
Long-Term Deferred Tax Assets	5.64	6.04	6.4	3.72	4.07
Other Long-Term Assets	901.24	905.92	904.19	918.83	954.51
Total Assets	5,252	5,357	5,418	5,097	5,247
Accounts Payable	398.93	393.18	457.3	339.14	319.15
Accrued Expenses	332.05	316.86	323.69	276.02	240.49
Short-Term Debt	402.35	442.44	417.19	434.27	695.26
Current Portion of Long-Term Debt	306.74	340.43	358.24	326.14	394.88
Current Portion of Leases	37.12	32.85	27.63	25.73	22.74
Current Income Taxes Payable	184.42	171.33	174.37	186.8	175.95
Current Unearned Revenue	0.43	-	-	-	-
Other Current Liabilities	143.05	155.19	162.69	124.39	116.49
Total Current Liabilities	1,805	1,852	1,921	1,712	1,965
Long-Term Debt	794.32	784.09	787.24	565.35	784.91
Long-Term Leases	182.94	203.55	250.09	267.92	58.91
Long-Term Unearned Revenue	4.09	-	-	-	-
Long-Term Deferred Tax Liabilities	20.74	29.97	25.4	10.13	10.7
Other Long-Term Liabilities	-	-	3.26	-	-
Total Liabilities	2,921	2,988	3,120	2,639	2,898
Common Stock	993.7	993.7	993.7	993.7	993.7
Additional Paid-In Capital	221.67	221.67	221.67	221.67	221.67
Retained Earnings	1,297	1,292	1,203	1,249	1,178
Comprehensive Income & Other	-276.46	-272.63	-253.55	-232.86	-250.7
Total Common Equity	2,236	2,234	2,165	2,232	2,143
Minority Interest	95.34	134.5	133.44	226.54	206.9
Shareholders' Equity	2,331	2,369	2,298	2,458	2,350
Total Liabilities & Equity	5,252	5,357	5,418	5,097	5,247
Total Debt	1,723	1,803	1,840	1,619	1,957
Net Cash (Debt)	-1,488	-1,492	-1,361	-1,025	-1,314
Net Cash Per Share	-1.50	-1.50	-1.37	-1.03	-1.32
Filing Date Shares Outstanding	993.7	993.7	993.7	993.7	993.7
Total Common Shares Outstanding	993.7	993.7	993.7	993.7	993.7
Working Capital	940.8	983.42	1,085	1,102	888.21
Book Value Per Share	2.25	2.25	2.18	2.25	2.16
Tangible Book Value	2,103	2,099	2,026	2,091	1,995
Tangible Book Value Per Share	2.12	2.11	2.04	2.10	2.01
Land	813.17	829.95	813.67	636.62	689.56
Machinery	3,220	3,033	3,063	2,847	2,964
Construction In Progress	66.92	171.18	92.8	49.74	67.18

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