R.A.K. Ceramics P.J.S.C. 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	282.54	184.09	194.48	239.25	321.29	362.98
Short-Term Investments	33.71	33.12	29.21	64.83	147.27	229.98
Trading Asset Securities	1.11	1.36	3.66	7.46	10.92	1.47
Cash & Short-Term Investments	317.36	218.57	227.36	311.54	479.49	594.43
Cash Growth	56.51%	-3.86%	-27.02%	-35.03%	-19.34%	-7.55%
Accounts Receivable	837.87	827.58	825.97	906.11	906.46	773.11
Other Receivables	34.91	32.79	81.34	84.16	95.94	109.95
Receivables	872.78	860.36	907.31	990.27	1,002	883.06
Inventory	1,406	1,444	1,356	1,302	1,309	1,086
Restricted Cash	13.87	11.15	7.29	-	-	-
Other Current Assets	166.58	138.76	113.39	231.99	214.5	251.16
Total Current Assets	2,777	2,673	2,611	2,836	3,006	2,815
Property, Plant & Equipment	1,533	1,536	1,439	1,442	1,339	1,158
Long-Term Investments	10.71	10.57	12.22	15.61	20.25	57.82
Goodwill	139.42	124.93	120.12	120.14	119.86	120.5
Other Intangible Assets	9.07	10.37	12.55	14.93	18.55	20.53
Long-Term Accounts Receivable	50.1	55.29	15.1	16.38	3.56	2.51
Long-Term Deferred Tax Assets	3.71	3.78	5.64	6.04	6.4	3.72
Other Long-Term Assets	896.22	898.86	901.24	905.92	904.19	918.83
Total Assets	5,419	5,313	5,117	5,357	5,418	5,097
Accounts Payable	405.08	417.44	398.93	393.18	457.3	339.14
Accrued Expenses	392.24	368.42	332.05	316.86	323.69	276.02
Short-Term Debt	763.42	534.12	402.35	442.44	417.19	434.27
Current Portion of Long-Term Debt	313.19	322.06	306.74	340.43	358.24	326.14
Current Portion of Leases	40.16	37.39	37.12	32.85	27.63	25.73
Current Income Taxes Payable	99.79	84.01	49.79	171.33	174.37	186.8
Current Unearned Revenue	0.38	0.4	0.43	-	-	-
Other Current Liabilities	138.18	165.37	143.05	155.19	162.69	124.39
Total Current Liabilities	2,152	1,929	1,670	1,852	1,921	1,712
Long-Term Debt	735.88	781.88	794.32	784.09	790.51	565.35
Long-Term Leases	119.62	132.61	182.94	203.55	250.09	267.92
Long-Term Unearned Revenue	3.21	3.45	4.09	-	-	-
Pension & Post-Retirement Benefits	121.82	119.87	113.7	118.45	132.45	82.74
Long-Term Deferred Tax Liabilities	15.75	16.64	20.74	29.97	25.4	10.13
Total Liabilities	3,149	2,984	2,786	2,988	3,120	2,639
Common Stock	993.7	993.7	993.7	993.7	993.7	993.7
Additional Paid-In Capital	165	-	-	221.67	221.67	221.67
Retained Earnings	1,411	-	-	1,292	1,203	1,249
Comprehensive Income & Other	-381.16	1,251	1,242	-272.63	-253.55	-232.86
Total Common Equity	2,188	2,244	2,236	2,234	2,165	2,232
Minority Interest	82.4	85.25	95.34	134.5	133.44	226.54
Shareholders' Equity	2,271	2,330	2,331	2,369	2,298	2,458
Total Liabilities & Equity	5,419	5,313	5,117	5,357	5,418	5,097
Total Debt	1,972	1,808	1,723	1,803	1,844	1,619
Net Cash (Debt)	-1,655	-1,589	-1,496	-1,492	-1,364	-1,025
Net Cash Per Share	-1.67	-1.60	-1.51	-1.50	-1.37	-1.03
Filing Date Shares Outstanding	993.7	993.7	994	993.7	993.7	993.7
Total Common Shares Outstanding	993.7	993.7	993.7	993.7	993.7	993.7
Working Capital	624.39	743.87	940.8	983.42	1,085	1,102
Book Value Per Share	2.20	2.26	2.25	2.25	2.18	2.25
Tangible Book Value	2,040	2,109	2,103	2,099	2,026	2,091
Tangible Book Value Per Share	2.05	2.12	2.12	2.11	2.04	2.10
Land	-	854.73	813.17	829.95	813.67	636.62
Machinery	-	3,374	3,220	3,033	3,063	2,847
Construction In Progress	-	130.5	66.92	171.18	92.8	49.74