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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	390.23	557.71	254.33	155.82	132.65	120.3
Cash & Short-Term Investments	390.23	557.71	254.33	155.82	132.65	120.3
Cash Growth	-17.24%	119.29%	63.23%	17.47%	10.26%	26.88%
Accounts Receivable	220.53	146.3	120.96	121.47	99.51	109.65
Other Receivables	-	56.19	51.08	63.53	38.87	38.45
Receivables	220.53	202.49	172.04	185	138.38	148.1
Inventory	140.54	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	751.3	850.93	513.82	433.28	359	360.27
Property, Plant & Equipment	590.71	615.56	664.44	684.17	726.42	768.14
Long-Term Investments	81.39	94.95	112.26	118.7	71.9	81.39
Other Intangible Assets	3.47	4	4.78	8.21	11.78	15.73
Other Long-Term Assets	14.95	14.95	14.95	-	-	-
Total Assets	1,442	1,580	1,310	1,244	1,169	1,226
Accounts Payable	206.65	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	9.25	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	323.9	213.15	216.32	181.48	174.5	194.63
Long-Term Debt	-	-	-	-	-	10.03
Long-Term Leases	68	80.29	87.19	91.9	100.39	110.42
Total Liabilities	426.33	326.95	334.89	301.45	301.03	339.43
Common Stock	90	90	90	90	90	90
Retained Earnings	875.18	1,098	803.92	765.47	735.88	746.21
Comprensive Income & Other	50.3	64.93	81.42	87.43	42.19	49.89
Shareholders' Equity	1,015	1,253	975.35	942.91	868.07	886.1
Total Liabilities & Equity	1,442	1,580	1,310	1,244	1,169	1,226
Total Debt	77.25	89.52	101.1	105.52	123.95	144.39
Net Cash (Debt)	312.98	468.2	153.23	50.3	8.7	-24.09
Net Cash Growth	-15.23%	205.55%	204.64%	478.40%	-	-
Net Cash Per Share	3.48	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	427.4	637.78	297.5	251.8	184.5	165.63
Book Value Per Share	11.28	13.93	10.84	10.48	9.65	9.85
Tangible Book Value	1,012	1,249	970.57	934.69	856.29	870.37
Tangible Book Value Per Share	11.24	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.