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

DFM:DRC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	360.75	444.3	557.71	254.33	155.82	132.65
Cash & Short-Term Investments	360.75	444.3	557.71	254.33	155.82	132.65
Cash Growth	-31.85%	-20.34%	119.29%	63.22%	17.47%	10.26%
Accounts Receivable	218.84	140.52	146.3	120.96	121.47	99.51
Other Receivables	-	44.76	56.19	51.08	63.53	38.87
Receivables	218.84	185.28	202.49	172.04	185	138.38
Inventory	79.32	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	658.91	725.3	850.93	513.82	433.28	359
Property, Plant & Equipment	606.81	589.72	615.56	664.44	684.17	726.42
Long-Term Investments	65.98	72.57	94.95	112.26	118.7	71.9
Other Intangible Assets	2.96	3.09	4	4.78	8.21	11.78
Other Long-Term Assets	14.95	14.95	14.95	14.95	-	-
Total Assets	1,350	1,406	1,580	1,310	1,244	1,169
Accounts Payable	188.21	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	12.81	9.11	9.23	13.91	13.62	13.44
Current Income Taxes Payable	16.67	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	217.69	228.35	213.15	216.32	181.48	174.5
Long-Term Leases	97.69	75.41	80.29	87.19	91.9	100.39
Total Liabilities	349.28	339	326.95	334.89	301.45	301.03
Common Stock	90	90	90	90	90	90
Retained Earnings	880.3	940.13	1,098	803.92	765.47	735.88
Comprehensive Income & Other	30.03	36.5	64.93	81.42	87.43	42.19
Shareholders' Equity	1,000	1,067	1,253	975.35	942.91	868.07
Total Liabilities & Equity	1,350	1,406	1,580	1,310	1,244	1,169
Total Debt	110.5	84.51	89.52	101.1	105.52	123.95
Net Cash (Debt)	250.25	359.79	468.2	153.23	50.3	8.7
Net Cash Growth	-43.45%	-23.16%	205.55%	204.64%	478.40%	-
Net Cash Per Share	2.78	4.00	5.20	1.70	0.56	0.10
Filing Date Shares Outstanding	90	90	90	90	90	90
Total Common Shares Outstanding	90	90	90	90	90	90
Working Capital	441.22	496.95	637.78	297.5	251.8	184.5
Book Value Per Share	11.11	11.85	13.93	10.84	10.48	9.65
Tangible Book Value	997.36	1,064	1,249	970.57	934.69	856.29
Tangible Book Value Per Share	11.08	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

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.