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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	166.9	200.55	239.25	321.29	362.98	469.79
Short-Term Investments	0.76	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	167.65	235.78	311.54	479.49	594.43	642.95
Cash Growth	-21.41%	-24.32%	-35.03%	-19.34%	-7.55%	55.06%
Accounts Receivable	971.19	825.97	906.11	906.46	773.11	832.92
Other Receivables	58.1	81.34	84.16	95.94	109.95	87.91
Receivables	1,029	907.31	990.27	1,002	883.06	920.83
Inventory	1,453	1,356	1,302	1,309	1,086	1,076
Other Current Assets	1.85	246.89	231.99	214.5	251.16	213.48
Total Current Assets	2,662	2,746	2,836	3,006	2,815	2,853
Property, Plant & Equipment	1,529	1,439	1,442	1,339	1,158	1,230
Long-Term Investments	10.19	12.22	15.61	20.25	57.82	55.39
Goodwill	120.46	120.12	120.14	119.86	120.5	120.56
Other Intangible Assets	15.09	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	7.18	5.64	6.04	6.4	3.72	4.07
Other Long-Term Assets	955.38	901.24	905.92	904.19	918.83	954.51
Total Assets	5,299	5,252	5,357	5,418	5,097	5,247
Accounts Payable	889.51	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	942.03	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	30.04	37.12	32.85	27.63	25.73	22.74
Current Income Taxes Payable	69.56	184.42	171.33	174.37	186.8	175.95
Current Unearned Revenue	0.41	0.43	-	-	-	-
Other Current Liabilities	0.08	143.05	155.19	162.69	124.39	116.49
Total Current Liabilities	1,932	1,805	1,852	1,921	1,712	1,965
Long-Term Debt	873.79	794.32	784.09	787.24	565.35	784.91
Long-Term Leases	88.79	182.94	203.55	250.09	267.92	58.91
Long-Term Unearned Revenue	3.6	4.09	-	-	-	-
Pension & Post-Retirement Benefits	120.7	113.7	118.45	132.45	82.74	78.12
Long-Term Deferred Tax Liabilities	17.46	20.74	29.97	25.4	10.13	10.7
Other Long-Term Liabilities	-	-	-	3.26	-	-
Total Liabilities	3,036	2,921	2,988	3,120	2,639	2,898
Common Stock	993.7	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	1,185	-276.46	-272.63	-253.55	-232.86	-250.7
Total Common Equity	2,178	2,236	2,234	2,165	2,232	2,143
Minority Interest	84.93	95.34	134.5	133.44	226.54	206.9
Shareholders' Equity	2,263	2,331	2,369	2,298	2,458	2,350
Total Liabilities & Equity	5,299	5,252	5,357	5,418	5,097	5,247
Total Debt	1,935	1,723	1,803	1,840	1,619	1,957
Net Cash (Debt)	-1,767	-1,488	-1,492	-1,361	-1,025	-1,314
Net Cash Per Share	-1.78	-1.50	-1.50	-1.37	-1.03	-1.32
Filing Date Shares Outstanding	955.49	993.7	993.7	993.7	993.7	993.7
Total Common Shares Outstanding	955.49	993.7	993.7	993.7	993.7	993.7
Working Capital	730.55	940.8	983.42	1,085	1,102	888.21
Book Value Per Share	2.28	2.25	2.25	2.18	2.25	2.16
Tangible Book Value	2,043	2,103	2,099	2,026	2,091	1,995
Tangible Book Value Per Share	2.14	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.