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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	153.3	200.55	239.25	321.29	362.98	469.79
Short-Term Investments	35.36	30.43	64.83	147.27	229.98	173.16
Trading Asset Securities	2.42	4.8	7.46	10.92	1.47	-
Cash & Short-Term Investments	191.07	235.78	311.54	479.49	594.43	642.95
Cash Growth	-17.60%	-24.32%	-35.03%	-19.34%	-7.55%	55.06%
Accounts Receivable	851.15	825.97	906.11	906.46	773.11	832.92
Other Receivables	42.73	81.34	84.16	95.94	109.95	87.91
Receivables	893.88	907.31	990.27	1,002	883.06	920.83
Inventory	1,435	1,356	1,302	1,309	1,086	1,076
Other Current Assets	145.72	246.89	231.99	214.5	251.16	213.48
Total Current Assets	2,677	2,746	2,836	3,006	2,815	2,853
Property, Plant & Equipment	1,525	1,439	1,442	1,339	1,158	1,230
Long-Term Investments	10.54	12.22	15.61	20.25	57.82	55.39
Goodwill	120.57	120.12	120.14	119.86	120.5	120.56
Other Intangible Assets	15.98	12.55	14.93	18.55	20.53	27.4
Long-Term Accounts Receivable	44.31	15.1	16.38	3.56	2.51	2.77
Long-Term Deferred Tax Assets	7.38	5.64	6.04	6.4	3.72	4.07
Other Long-Term Assets	892	901.24	905.92	904.19	918.83	954.51
Total Assets	5,292	5,252	5,357	5,418	5,097	5,247
Accounts Payable	409.41	398.93	393.18	457.3	339.14	319.15
Accrued Expenses	380.44	332.05	316.86	323.69	276.02	240.49
Short-Term Debt	555.06	402.35	442.44	417.19	434.27	695.26
Current Portion of Long-Term Debt	307.73	306.74	340.43	358.24	326.14	394.88
Current Portion of Leases	34.18	37.12	32.85	27.63	25.73	22.74
Current Income Taxes Payable	62.2	184.42	171.33	174.37	186.8	175.95
Current Unearned Revenue	0.42	0.43	-	-	-	-
Other Current Liabilities	160.21	143.05	155.19	162.69	124.39	116.49
Total Current Liabilities	1,910	1,805	1,852	1,921	1,712	1,965
Long-Term Debt	785.41	794.32	784.09	787.24	565.35	784.91
Long-Term Leases	168.53	182.94	203.55	250.09	267.92	58.91
Long-Term Unearned Revenue	3.83	4.09	-	-	-	-
Long-Term Deferred Tax Liabilities	17.57	20.74	29.97	25.4	10.13	10.7
Other Long-Term Liabilities	-	-	-	3.26	-	-
Total Liabilities	3,000	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	221.67
Retained Earnings	1,309	1,297	1,292	1,203	1,249	1,178
Comprehensive Income & Other	-316.85	-276.46	-272.63	-253.55	-232.86	-250.7
Total Common Equity	2,208	2,236	2,234	2,165	2,232	2,143
Minority Interest	84.52	95.34	134.5	133.44	226.54	206.9
Shareholders' Equity	2,292	2,331	2,369	2,298	2,458	2,350
Total Liabilities & Equity	5,292	5,252	5,357	5,418	5,097	5,247
Total Debt	1,851	1,723	1,803	1,840	1,619	1,957
Net Cash (Debt)	-1,660	-1,488	-1,492	-1,361	-1,025	-1,314
Net Cash Per Share	-1.67	-1.50	-1.50	-1.37	-1.03	-1.32
Filing Date Shares Outstanding	993.7	993.7	993.7	993.7	993.7	993.7
Total Common Shares Outstanding	993.7	993.7	993.7	993.7	993.7	993.7
Working Capital	767	940.8	983.42	1,085	1,102	888.21
Book Value Per Share	2.22	2.25	2.25	2.18	2.25	2.16
Tangible Book Value	2,071	2,103	2,099	2,026	2,091	1,995
Tangible Book Value Per Share	2.08	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.