RAPCO Investment PJSC Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.42	2.24	9.71	4.77	7.33	10.26
Short-Term Investments	-	-	1	2	-	-
Trading Asset Securities	128.94	130.19	11.01	-	-	-
Cash & Short-Term Investments	141.36	132.43	21.72	6.77	7.33	10.26
Cash Growth	360.26%	509.72%	220.75%	-7.56%	-28.62%	-33.01%
Accounts Receivable	0.83	0.45	1.05	1.66	3.11	2.64
Other Receivables	1.52	5.28	0.06	0.02	0.05	0.57
Receivables	2.35	5.74	1.11	2.65	10.56	13.2
Inventory	-	-	-	0.01	1.21	1.57
Prepaid Expenses	0.3	0.07	0.04	-	0.01	0.1
Other Current Assets	0.4	-	0.26	0.47	0.47	-
Total Current Assets	144.41	138.24	23.13	9.9	19.57	25.14
Property, Plant & Equipment	0	0.01	0.01	0.63	1.04	5.12
Long-Term Investments	283.44	223.29	257.51	279.68	243.45	221.37
Long-Term Deferred Tax Assets	0.93	1.62	-	-	-	-
Other Long-Term Assets	26.68	59.42	83.33	87.37	85.86	83.21
Total Assets	455.46	422.58	363.98	377.59	349.91	334.85
Accounts Payable	0.2	0.41	0.19	0.21	0.92	1.03
Accrued Expenses	1.6	1.75	1.42	1.07	1	1.43
Short-Term Debt	-	-	-	-	-	0.02
Current Unearned Revenue	-	0.18	0.16	0.82	1.48	1.7
Other Current Liabilities	0.09	0.2	6.3	23.32	23.4	23.56
Total Current Liabilities	2.31	2.55	8.07	25.43	26.79	27.73
Long-Term Debt	30	30	-	-	-	-
Pension & Post-Retirement Benefits	0.25	0.34	0.43	0.44	1.79	2.2
Total Liabilities	32.55	32.89	8.5	25.87	28.58	29.93
Common Stock	95.04	95.04	95.04	95.04	95.04	86.4
Retained Earnings	162.4	141.09	104.24	85.43	86.18	91.85
Comprehensive Income & Other	165.46	153.56	156.2	171.26	140.11	126.67
Total Common Equity	422.91	389.69	355.48	351.73	321.33	304.92
Shareholders' Equity	422.91	389.69	355.48	351.73	321.33	304.92
Total Liabilities & Equity	455.46	422.58	363.98	377.59	349.91	334.85
Total Debt	30	30	-	-	-	0.02
Net Cash (Debt)	111.36	102.43	21.72	6.77	7.33	10.25
Net Cash Growth	262.58%	371.60%	220.75%	-7.56%	-28.52%	-32.84%
Net Cash Per Share	1.17	1.08	0.23	0.07	0.08	0.11
Filing Date Shares Outstanding	95.04	95.04	95.04	95.04	95.04	95.04
Total Common Shares Outstanding	95.04	95.04	95.04	95.04	95.04	95.04
Working Capital	142.1	135.7	15.06	-15.52	-7.22	-2.59
Book Value Per Share	4.45	4.10	3.74	3.70	3.38	3.21
Tangible Book Value	422.91	389.69	355.48	351.73	321.33	304.92
Tangible Book Value Per Share	4.45	4.10	3.74	3.70	3.38	3.21
Land	-	-	-	-	0.3	4.3
Buildings	-	1.86	1.86	9.07	9.07	9.07
Machinery	-	1.69	1.69	20.17	23.36	23.35

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