RAK Properties PJSC Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Total Current Assets	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	3,699	3,981	2,903	3,105	3,154
Total Assets	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	35.74	21.76	-	-	-
Total Current Liabilities	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	700.31	354.43	154.85	140.91	33.04
Total Liabilities	2,764	2,485	2,155	2,193	2,107
Common Stock	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	5,942	5,527	4,304	4,122	4,107
Total Liabilities & Equity	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	2,997	2,982	2,080	2,080	2,080
Total Common Shares Outstanding	2,997	2,982	2,080	2,080	2,080
Working Capital	1,177	525.88	207.42	176.48	132.07
Book Value Per Share	1.98	1.85	2.07	1.98	1.97
Tangible Book Value	5,942	5,527	4,304	4,122	4,107
Tangible Book Value Per Share	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.