DFM:DEWA 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	9,347	6,105	5,300	5,287	4,406	6,883
Short-Term Investments	7,520	7,713	7,583	10,666	6,948	387.06
Trading Asset Securities	327.44	403.25	594.85	492.11	-	-
Accounts Receivable	4,893	3,104	3,420	4,215	3,850	5,245
Other Receivables	-	-	-	-	-	2,380
Inventory	1,428	1,560	1,401	1,445	1,451	1,415
Other Current Assets	664.54	404.03	481.88	131.85	445.67	1,137
Total Current Assets	24,180	19,290	18,781	22,238	17,101	17,448
Property, Plant & Equipment	161,065	158,252	155,917	154,029	149,472	140,999
Other Intangible Assets	723.02	440.7	462.37	471.12	529.58	161.86
Long-Term Investments	6,239	5,161	4,476	2,806	1,293	10.38
Long-Term Deferred Tax Assets	196.62	207.4	103.9	-	-	-
Long-Term Accounts Receivable	76.21	3.55	-	-	-	698.46
Other Long-Term Assets	1,321	1,402	1,217	1,208	1,013	606.89
Total Assets	193,802	184,755	180,958	180,753	169,408	159,925
Accounts Payable	3,564	2,739	2,054	1,215	1,599	2,309
Accrued Expenses	269.9	262.1	244.84	290.52	281.64	272.44
Short-Term Debt	805.65	731.59	641.85	565.12	442.34	477.63
Current Portion of Long-Term Debt	6,016	6,612	10,904	2,807	3,144	1,800
Current Unearned Revenue	3,246	2,957	1,814	1,737	1,823	1,755
Current Portion of Leases	16.82	18.6	15.97	12.88	3.01	6.44
Current Income Taxes Payable	735.61	853.51	-	-	-	-
Other Current Liabilities	15,506	11,394	10,596	10,491	9,827	10,313
Total Current Liabilities	30,160	25,569	26,271	17,118	17,120	16,933
Long-Term Debt	29,982	28,835	27,345	37,323	25,586	20,360
Long-Term Leases	34.23	25.33	16.28	23.53	11.94	14.89
Long-Term Unearned Revenue	34,914	32,872	32,464	31,814	30,623	29,946
Pension & Post-Retirement Benefits	1,137	1,110	1,020	1,010	1,009	1,036
Long-Term Deferred Tax Liabilities	69.15	113.13	12	-	-	-
Other Long-Term Liabilities	1,473	1,244	1,127	1,083	1,467	1,613
Total Liabilities	97,769	89,767	88,256	88,372	75,817	69,903
Common Stock	500	500	500	500	500	39,830
Additional Paid-In Capital	39,139	39,118	40,043	40,043	40,037	-
Retained Earnings	48,842	48,675	47,845	47,930	53,699	52,592
Comprehensive Income & Other	637.29	1,056	824.72	954.25	-1,236	-1,983
Total Common Equity	89,118	89,349	89,212	89,427	93,000	90,439
Minority Interest	6,914	5,639	3,489	2,953	591.91	-416.99
Shareholders' Equity	96,032	94,988	92,701	92,380	93,592	90,022
Total Liabilities & Equity	193,802	184,755	180,958	180,753	169,408	159,925
Total Debt	36,854	36,223	38,924	40,731	29,187	22,658
Net Cash (Debt)	-19,660	-22,001	-25,446	-24,285	-17,832	-15,388
Net Cash Per Share	-0.39	-0.44	-0.51	-0.49	-0.36	-0.31
Filing Date Shares Outstanding	50,000	50,000	50,000	50,000	50,000	50,000
Total Common Shares Outstanding	50,000	50,000	50,000	50,000	50,000	50,000
Working Capital	-5,980	-6,279	-7,490	5,120	-19.44	514.81
Book Value Per Share	1.78	1.79	1.78	1.79	1.86	1.81
Tangible Book Value	88,395	88,909	88,750	88,956	92,470	90,277
Tangible Book Value Per Share	1.77	1.78	1.77	1.78	1.85	1.81
Land	43,766	43,440	43,983	43,600	42,991	40,968
Machinery	173,415	167,005	160,782	137,123	130,774	116,006
Construction In Progress	16,048	15,333	13,301	29,770	27,544	28,028

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