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	Jun '26 Jun 30, 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	208.07	184.09	194.48	239.25	321.29	362.98
Short-Term Investments	33.65	33.12	29.21	64.83	147.27	229.98
Trading Asset Securities	0.33	1.36	3.66	7.46	10.92	1.47
Cash & Short-Term Investments	242.05	218.57	227.36	311.54	479.49	594.43
Cash Growth	26.68%	-3.86%	-27.02%	-35.03%	-19.34%	-7.55%
Accounts Receivable	863.03	827.58	825.97	906.11	906.46	773.11
Other Receivables	47.57	32.79	81.34	84.16	95.94	109.95
Receivables	910.59	860.36	907.31	990.27	1,002	883.06
Inventory	1,397	1,444	1,356	1,302	1,309	1,086
Restricted Cash	28.5	11.15	7.29	-	-	-
Other Current Assets	174.06	138.76	113.39	231.99	214.5	251.16
Total Current Assets	2,752	2,673	2,611	2,836	3,006	2,815
Property, Plant & Equipment	1,548	1,536	1,439	1,442	1,339	1,158
Long-Term Investments	10.63	10.57	12.22	15.61	20.25	57.82
Goodwill	139.35	124.93	120.12	120.14	119.86	120.5
Other Intangible Assets	8.46	10.37	12.55	14.93	18.55	20.53
Long-Term Accounts Receivable	45.33	55.29	15.1	16.38	3.56	2.51
Long-Term Deferred Tax Assets	3.66	3.78	5.64	6.04	6.4	3.72
Other Long-Term Assets	897.22	898.86	901.24	905.92	904.19	918.83
Total Assets	5,404	5,313	5,117	5,357	5,418	5,097
Accounts Payable	372.85	417.44	398.93	393.18	457.3	339.14
Accrued Expenses	425.89	368.42	332.05	316.86	323.69	276.02
Short-Term Debt	599.22	534.12	402.35	442.44	417.19	434.27
Current Portion of Long-Term Debt	313.3	322.06	306.74	340.43	358.24	326.14
Current Portion of Leases	40.51	37.39	37.12	32.85	27.63	25.73
Current Income Taxes Payable	97.68	84.01	49.79	171.33	174.37	186.8
Current Unearned Revenue	0.38	0.4	0.43	-	-	-
Other Current Liabilities	144.32	165.37	143.05	155.19	162.69	124.39
Total Current Liabilities	1,994	1,929	1,670	1,852	1,921	1,712
Long-Term Debt	811.4	781.88	794.32	784.09	790.51	565.35
Long-Term Leases	107.02	132.61	182.94	203.55	250.09	267.92
Long-Term Unearned Revenue	3.09	3.45	4.09	-	-	-
Pension & Post-Retirement Benefits	120.94	119.87	113.7	118.45	132.45	82.74
Long-Term Deferred Tax Liabilities	14.68	16.64	20.74	29.97	25.4	10.13
Total Liabilities	3,051	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	1,477	-	-	1,292	1,203	1,249
Comprehensive Income & Other	-366.55	1,251	1,242	-272.63	-253.55	-232.86
Total Common Equity	2,269	2,244	2,236	2,234	2,165	2,232
Minority Interest	83.98	85.25	95.34	134.5	133.44	226.54
Shareholders' Equity	2,353	2,330	2,331	2,369	2,298	2,458
Total Liabilities & Equity	5,404	5,313	5,117	5,357	5,418	5,097
Total Debt	1,871	1,808	1,723	1,803	1,844	1,619
Net Cash (Debt)	-1,629	-1,589	-1,496	-1,492	-1,364	-1,025
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.64	-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	757.65	743.87	940.8	983.42	1,085	1,102
Book Value Per Share	2.28	2.26	2.25	2.25	2.18	2.25
Tangible Book Value	2,121	2,109	2,103	2,099	2,026	2,091
Tangible Book Value Per Share	2.13	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