RAPCO Investment 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	1.61	2.24	9.71	4.77	7.33
Short-Term Investments	-	-	1	2	-
Trading Asset Securities	190.97	130.19	11.01	-	-
Cash & Short-Term Investments	192.58	132.43	21.72	6.77	7.33
Cash Growth	45.42%	509.72%	220.75%	-7.56%	-28.62%
Accounts Receivable	0.63	0.45	1.05	1.66	3.11
Other Receivables	0.04	5.28	0.06	0.02	0.05
Receivables	0.66	5.74	1.11	2.65	10.56
Inventory	-	-	-	0.01	1.21
Prepaid Expenses	0.06	0.07	0.04	-	0.01
Other Current Assets	0.02	-	0.26	0.47	0.47
Total Current Assets	193.33	138.24	23.13	9.9	19.57
Property, Plant & Equipment	0	0.01	0.01	0.63	1.04
Long-Term Investments	253.84	223.29	257.51	279.68	243.45
Long-Term Deferred Tax Assets	0.28	1.45	-	-	-
Other Long-Term Assets	7.54	59.42	83.33	87.37	85.86
Total Assets	454.99	422.41	363.98	377.59	349.91
Accounts Payable	1.16	0.41	0.19	0.21	0.92
Accrued Expenses	1.58	1.75	1.42	1.07	1
Current Income Taxes Payable	0.36	-	-	-	-
Current Unearned Revenue	-	0.18	0.16	0.82	1.48
Other Current Liabilities	0.08	0.2	6.3	23.32	23.4
Total Current Liabilities	3.17	2.55	8.07	25.43	26.79
Long-Term Debt	30	30	-	-	-
Pension & Post-Retirement Benefits	0.24	0.34	0.43	0.44	1.79
Total Liabilities	33.41	32.89	8.5	25.87	28.58
Common Stock	95.04	95.04	95.04	95.04	95.04
Retained Earnings	171.69	140.91	104.24	85.43	86.18
Comprehensive Income & Other	154.85	153.56	156.2	171.26	140.11
Total Common Equity	421.58	389.52	355.48	351.73	321.33
Shareholders' Equity	421.58	389.52	355.48	351.73	321.33
Total Liabilities & Equity	454.99	422.41	363.98	377.59	349.91
Total Debt	30	30	-	-	-
Net Cash (Debt)	162.58	102.43	21.72	6.77	7.33
Net Cash Growth	58.72%	371.60%	220.75%	-7.56%	-28.52%
Net Cash Per Share	1.71	1.08	0.23	0.07	0.08
Filing Date Shares Outstanding	95.04	95.04	95.04	95.04	95.04
Total Common Shares Outstanding	95.04	95.04	95.04	95.04	95.04
Working Capital	190.16	135.7	15.06	-15.52	-7.22
Book Value Per Share	4.44	4.10	3.74	3.70	3.38
Tangible Book Value	421.58	389.52	355.48	351.73	321.33
Tangible Book Value Per Share	4.44	4.10	3.74	3.70	3.38
Land	-	-	-	-	0.3
Buildings	-	1.86	1.86	9.07	9.07
Machinery	0.21	1.69	1.69	20.17	23.36

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