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

DFM:DRC Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	444.3	557.71	254.33	155.82	132.65
Cash & Short-Term Investments	444.3	557.71	254.33	155.82	132.65
Cash Growth	-20.34%	119.29%	63.23%	17.47%	10.26%
Accounts Receivable	140.52	146.3	120.96	121.47	99.51
Other Receivables	44.76	56.19	51.08	63.53	38.87
Receivables	185.28	202.49	172.04	185	138.38
Inventory	85.11	75.18	69.47	76.96	50.86
Prepaid Expenses	6.79	7.74	10.33	8.73	10.78
Other Current Assets	3.82	7.81	7.66	6.77	26.34
Total Current Assets	725.3	850.93	513.82	433.28	359
Property, Plant & Equipment	589.72	615.56	664.44	684.17	726.42
Long-Term Investments	72.57	94.95	112.26	118.7	71.9
Other Intangible Assets	3.09	4	4.78	8.21	11.78
Other Long-Term Assets	14.95	14.95	14.95	-	-
Total Assets	1,406	1,580	1,310	1,244	1,169
Accounts Payable	58.25	66.88	62.42	38.31	45.23
Accrued Expenses	59.19	54.28	87.33	84.89	63.83
Current Portion of Long-Term Debt	-	-	-	-	10.12
Current Portion of Leases	9.11	9.23	13.91	13.62	13.44
Current Income Taxes Payable	13.68	-	-	-	-
Current Unearned Revenue	49.33	44.31	39.25	35.49	34.87
Other Current Liabilities	38.79	38.45	13.41	9.16	7.01
Total Current Liabilities	228.35	213.15	216.32	181.48	174.5
Long-Term Leases	75.41	80.29	87.19	91.9	100.39
Total Liabilities	339	326.95	334.89	301.45	301.03
Common Stock	90	90	90	90	90
Retained Earnings	940.13	1,098	803.92	765.47	735.88
Comprehensive Income & Other	36.5	64.93	81.42	87.43	42.19
Shareholders' Equity	1,067	1,253	975.35	942.91	868.07
Total Liabilities & Equity	1,406	1,580	1,310	1,244	1,169
Total Debt	84.51	89.52	101.1	105.52	123.95
Net Cash (Debt)	359.79	468.2	153.23	50.3	8.7
Net Cash Growth	-23.16%	205.55%	204.64%	478.40%	-
Net Cash Per Share	4.00	5.20	1.70	0.56	0.10
Filing Date Shares Outstanding	90	90	90	90	90
Total Common Shares Outstanding	90	90	90	90	90
Working Capital	496.95	637.78	297.5	251.8	184.5
Book Value Per Share	11.85	13.93	10.84	10.48	9.65
Tangible Book Value	1,064	1,249	970.57	934.69	856.29
Tangible Book Value Per Share	11.82	13.88	10.78	10.39	9.51
Land	22.1	22.1	45.2	38.04	38.04
Buildings	484.42	479.76	493.69	493.49	498.69
Machinery	457.8	444.82	468.61	92.8	447.08
Construction In Progress	0.89	0.21	5.12	1.68	3.49

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