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	-	184.09	194.48	239.25	321.29	362.98
Short-Term Investments	-	0.86	0.84	64.83	147.27	229.98
Trading Asset Securities	-	1.36	3.66	7.46	10.92	1.47
Cash & Short-Term Investments	186.31	186.31	198.98	311.54	479.49	594.43
Cash Growth	-8.12%	-6.37%	-36.13%	-35.03%	-19.34%	-7.55%
Accounts Receivable	-	1,029	1,044	906.11	906.46	773.11
Other Receivables	-	2.28	3.76	84.16	95.94	109.95
Receivables	-	1,031	1,048	990.27	1,002	883.06
Inventory	-	1,444	1,356	1,302	1,309	1,086
Restricted Cash	-	11.15	7.29	-	-	-
Other Current Assets	-	-	1.14	231.99	214.5	251.16
Total Current Assets	-	2,673	2,611	2,836	3,006	2,815
Property, Plant & Equipment	-	1,536	1,439	1,442	1,339	1,158
Long-Term Investments	-	10.57	12.22	15.61	20.25	57.82
Goodwill	-	124.93	120.12	120.14	119.86	120.5
Other Intangible Assets	-	10.37	12.55	14.93	18.55	20.53
Long-Term Accounts Receivable	-	55.29	15.1	16.38	3.56	2.51
Long-Term Deferred Tax Assets	-	3.78	5.64	6.04	6.4	3.72
Other Long-Term Assets	-	898.86	901.24	905.92	904.19	918.83
Total Assets	-	5,313	5,117	5,357	5,418	5,097
Accounts Payable	-	417.44	398.93	393.18	457.3	339.14
Accrued Expenses	-	368.42	332.05	316.86	323.69	276.02
Short-Term Debt	-	534.12	402.35	442.44	417.19	434.27
Current Portion of Long-Term Debt	-	322.06	306.74	340.43	358.24	326.14
Current Portion of Leases	-	37.39	37.12	32.85	27.63	25.73
Current Income Taxes Payable	-	84.01	49.79	171.33	174.37	186.8
Current Unearned Revenue	-	0.4	0.43	-	-	-
Other Current Liabilities	-	165.37	143.05	155.19	162.69	124.39
Total Current Liabilities	-	1,929	1,670	1,852	1,921	1,712
Long-Term Debt	-	781.88	794.32	784.09	790.51	565.35
Long-Term Leases	-	132.61	182.94	203.55	250.09	267.92
Long-Term Unearned Revenue	-	3.45	4.09	-	-	-
Pension & Post-Retirement Benefits	-	119.87	113.7	118.45	132.45	82.74
Long-Term Deferred Tax Liabilities	-	16.64	20.74	29.97	25.4	10.13
Total Liabilities	-	2,984	2,786	2,988	3,120	2,639
Common Stock	-	993.7	993.7	993.7	993.7	993.7
Additional Paid-In Capital	-	-	-	221.67	221.67	221.67
Retained Earnings	-	-	-	1,292	1,203	1,249
Comprehensive Income & Other	-	1,251	1,242	-272.63	-253.55	-232.86
Total Common Equity	2,244	2,244	2,236	2,234	2,165	2,232
Minority Interest	-	85.25	95.34	134.5	133.44	226.54
Shareholders' Equity	2,330	2,330	2,331	2,369	2,298	2,458
Total Liabilities & Equity	-	5,313	5,117	5,357	5,418	5,097
Total Debt	1,808	1,808	1,723	1,803	1,844	1,619
Net Cash (Debt)	-1,622	-1,622	-1,524	-1,492	-1,364	-1,025
Net Cash Per Share	-1.63	-1.63	-1.53	-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	-	743.87	940.8	983.42	1,085	1,102
Book Value Per Share	2.26	2.26	2.25	2.25	2.18	2.25
Tangible Book Value	2,109	2,109	2,103	2,099	2,026	2,091
Tangible Book Value Per Share	2.12	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

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