Dubai Refreshment (P.J.S.C.) (DFM: DRC)

DRC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	469.46	557.71	254.33	155.82	132.65	120.3
Cash & Short-Term Investments	469.46	557.71	254.33	155.82	132.65	120.3
Cash Growth	-4.57%	119.29%	63.23%	17.47%	10.26%	26.88%
Accounts Receivable	212.59	146.3	120.96	121.47	99.51	109.65
Other Receivables	-	56.19	51.08	63.53	38.87	38.45
Receivables	212.59	202.49	172.04	185	138.38	148.1
Inventory	114.72	75.18	69.47	76.96	50.86	50.66
Prepaid Expenses	-	7.74	10.33	8.73	10.78	11.56
Other Current Assets	-	7.81	7.66	6.77	26.34	29.64
Total Current Assets	796.76	850.93	513.82	433.28	359	360.27
Property, Plant & Equipment	588.7	615.56	664.44	684.17	726.42	768.14
Long-Term Investments	76.06	94.95	112.26	118.7	71.9	81.39
Other Intangible Assets	3.28	4	4.78	8.21	11.78	15.73
Other Long-Term Assets	14.95	14.95	14.95	-	-	-
Total Assets	1,480	1,580	1,310	1,244	1,169	1,226
Accounts Payable	203.55	66.88	62.42	38.31	45.23	51.38
Accrued Expenses	-	84.55	87.33	84.89	63.83	78.8
Current Portion of Long-Term Debt	-	-	-	-	10.12	10.37
Current Portion of Leases	8.48	9.23	13.91	13.62	13.44	13.57
Current Unearned Revenue	-	44.31	39.25	35.49	34.87	34.41
Other Current Liabilities	108	8.18	13.41	9.16	7.01	6.1
Total Current Liabilities	329.73	213.15	216.32	181.48	174.5	194.63
Long-Term Debt	-	-	-	-	-	10.03
Long-Term Leases	69.5	80.29	87.19	91.9	100.39	110.42
Total Liabilities	434.02	326.95	334.89	301.45	301.03	339.43
Common Stock	90	90	90	90	90	90
Retained Earnings	910.76	1,098	803.92	765.47	735.88	746.21
Comprehensive Income & Other	44.98	64.93	81.42	87.43	42.19	49.89
Shareholders' Equity	1,046	1,253	975.35	942.91	868.07	886.1
Total Liabilities & Equity	1,480	1,580	1,310	1,244	1,169	1,226
Total Debt	77.98	89.52	101.1	105.52	123.95	144.39
Net Cash (Debt)	391.48	468.2	153.23	50.3	8.7	-24.09
Net Cash Growth	-0.41%	205.55%	204.64%	478.40%	-	-
Net Cash Per Share	4.35	5.20	1.70	0.56	0.10	-0.27
Filing Date Shares Outstanding	90	90	90	90	90	90
Total Common Shares Outstanding	90	90	90	90	90	90
Working Capital	467.03	637.78	297.5	251.8	184.5	165.63
Book Value Per Share	11.62	13.93	10.84	10.48	9.65	9.85
Tangible Book Value	1,042	1,249	970.57	934.69	856.29	870.37
Tangible Book Value Per Share	11.58	13.88	10.78	10.39	9.51	9.67
Land	-	22.1	45.2	38.04	38.04	38.04
Buildings	-	479.76	493.69	493.49	498.69	481.52
Machinery	-	444.82	468.61	92.8	447.08	447.07
Construction In Progress	-	0.21	5.12	1.68	3.49	14.23

Source: S&P Capital IQ. Standard template. Financial Sources.