RAK Properties PJSC 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	-	517.91	462.59	457.71	492.78	468.98
Trading Asset Securities	-	-	-	3.25	5.45	9.09
Cash & Short-Term Investments	-	517.91	462.59	460.95	498.23	478.07
Cash Growth	-	11.96%	0.36%	-7.48%	4.22%	2.32%
Receivables	-	1,521	995.13	549.67	292.97	233.5
Inventory	-	279.54	95.52	40.17	238.71	317.31
Other Current Assets	2,520	-	-	-	-	-
Total Current Assets	2,520	2,318	1,553	1,051	1,030	1,029
Property, Plant & Equipment	-	1,884	1,823	1,868	1,649	1,429
Long-Term Investments	-	117.38	95.22	88.34	40.11	91.22
Long-Term Accounts Receivable	-	687.65	559.87	548.9	491.53	511.16
Other Long-Term Assets	6,300	3,699	3,981	2,903	3,105	3,154
Total Assets	8,820	8,706	8,012	6,459	6,315	6,214
Accounts Payable	-	663.1	485.72	391.3	306.18	329.93
Short-Term Debt	-	302.86	367.15	349.96	454.91	502.79
Current Portion of Long-Term Debt	-	139.1	152.73	102.11	92.34	64.1
Other Current Liabilities	1,163	35.74	21.76	-	-	-
Total Current Liabilities	1,163	1,141	1,027	843.37	853.43	896.81
Long-Term Debt	-	569	742.18	781.04	806.03	771.16
Long-Term Unearned Revenue	-	333.69	347.54	369.66	388.48	402.86
Pension & Post-Retirement Benefits	-	10.24	8	5.64	4.05	3.04
Long-Term Deferred Tax Liabilities	-	10.14	5.48	-	-	-
Other Long-Term Liabilities	1,676	700.31	354.43	154.85	140.91	33.04
Total Liabilities	2,839	2,764	2,485	2,155	2,193	2,107
Common Stock	5,981	3,000	3,000	2,000	2,000	2,000
Additional Paid-In Capital	-	114.12	114.12	-	-	-
Retained Earnings	-	3,067	2,673	2,550	2,349	2,340
Treasury Stock	-	-3.21	-22.62	-	-	-
Comprehensive Income & Other	-	-235.72	-237.81	-245.81	-227.09	-232.29
Shareholders' Equity	5,981	5,942	5,527	4,304	4,122	4,107
Total Liabilities & Equity	8,820	8,706	8,012	6,459	6,315	6,214
Total Debt	-	1,011	1,262	1,233	1,353	1,338
Net Cash (Debt)	-	-493.06	-799.47	-772.16	-855.06	-859.98
Net Cash Per Share	-	-0.16	-0.31	-0.37	-0.41	-0.41
Filing Date Shares Outstanding	3,077	2,997	2,982	2,080	2,080	2,080
Total Common Shares Outstanding	3,077	2,997	2,982	2,080	2,080	2,080
Working Capital	1,357	1,177	525.88	207.42	176.48	132.07
Book Value Per Share	1.94	1.98	1.85	2.07	1.98	1.97
Tangible Book Value	5,981	5,942	5,527	4,304	4,122	4,107
Tangible Book Value Per Share	1.94	1.98	1.85	2.07	1.98	1.97
Land	-	605.93	540.88	589	561.6	561.6
Buildings	-	1,360	1,321	703.32	684.98	169.23
Machinery	-	185.81	173.49	84.06	81.92	15.07
Construction In Progress	-	27.3	11.63	645.23	437.45	767.03

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