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 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	8.18	1.61	2.24	9.71	4.77	7.33
Short-Term Investments	21.52	-	-	1	2	-
Trading Asset Securities	176.54	190.97	130.19	11.01	-	-
Cash & Short-Term Investments	206.23	192.58	132.43	21.72	6.77	7.33
Cash Growth	33.60%	45.42%	509.72%	220.75%	-7.56%	-28.62%
Accounts Receivable	0.34	0.63	0.45	1.05	1.66	3.11
Other Receivables	0.06	0.04	5.28	0.06	0.02	0.05
Receivables	0.41	0.66	5.74	1.11	2.65	10.56
Inventory	-	-	-	-	0.01	1.21
Prepaid Expenses	0.33	0.06	0.07	0.04	-	0.01
Other Current Assets	0.03	0.02	-	0.26	0.47	0.47
Total Current Assets	207	193.33	138.24	23.13	9.9	19.57
Property, Plant & Equipment	0	0	0.01	0.01	0.63	1.04
Long-Term Investments	213.79	253.84	223.29	257.51	279.68	243.45
Long-Term Deferred Tax Assets	0.28	0.28	1.45	-	-	-
Other Long-Term Assets	7.54	7.54	59.42	83.33	87.37	85.86
Total Assets	428.6	454.99	422.41	363.98	377.59	349.91
Accounts Payable	0.15	1.16	0.41	0.19	0.21	0.92
Accrued Expenses	2.3	1.58	1.75	1.42	1.07	1
Short-Term Debt	15.17	-	-	-	-	-
Current Income Taxes Payable	0.36	0.36	-	-	-	-
Current Unearned Revenue	-	-	0.18	0.16	0.82	1.48
Other Current Liabilities	0.05	0.08	0.2	6.3	23.32	23.4
Total Current Liabilities	18.04	3.17	2.55	8.07	25.43	26.79
Long-Term Debt	-	30	30	-	-	-
Pension & Post-Retirement Benefits	0.25	0.24	0.34	0.43	0.44	1.79
Total Liabilities	18.29	33.41	32.89	8.5	25.87	28.58
Common Stock	95.04	95.04	95.04	95.04	95.04	95.04
Retained Earnings	249.59	171.69	140.91	104.24	85.43	86.18
Comprehensive Income & Other	65.68	154.85	153.56	156.2	171.26	140.11
Total Common Equity	410.31	421.58	389.52	355.48	351.73	321.33
Shareholders' Equity	410.31	421.58	389.52	355.48	351.73	321.33
Total Liabilities & Equity	428.6	454.99	422.41	363.98	377.59	349.91
Total Debt	15.17	30	30	-	-	-
Net Cash (Debt)	191.05	162.58	102.43	21.72	6.77	7.33
Net Cash Growth	53.63%	58.72%	371.60%	220.75%	-7.56%	-28.52%
Net Cash Per Share	2.01	1.71	1.08	0.23	0.07	0.08
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	188.96	190.16	135.7	15.06	-15.52	-7.22
Book Value Per Share	4.32	4.44	4.10	3.74	3.70	3.38
Tangible Book Value	410.31	421.58	389.52	355.48	351.73	321.33
Tangible Book Value Per Share	4.32	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	0.21	1.69	1.69	20.17	23.36

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