Emirates Integrated Telecommunications Company PJSC (DFM: DU)

DU 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	580.62	610.04	871.08	641.38	213.38	268.7
Short-Term Investments	74.96	1,327	674.63	1,374	2,029	2,949
Trading Asset Securities	-	-	-	-	-	0.52
Cash & Short-Term Investments	655.58	1,937	1,546	2,016	2,243	3,218
Cash Growth	71.19%	25.29%	-23.31%	-10.13%	-30.31%	-28.52%
Accounts Receivable	2,302	2,296	2,266	2,239	1,831	2,118
Other Receivables	-	-	-	-	142.22	116.62
Receivables	2,302	2,296	2,266	2,239	1,973	2,235
Inventory	182.56	101.7	95.24	58.47	61.51	111.8
Prepaid Expenses	-	-	-	-	124.73	95.36
Other Current Assets	329.04	341.86	283.75	250.45	240.83	178.54
Total Current Assets	3,469	4,676	4,190	4,564	4,643	5,838
Property, Plant & Equipment	11,107	11,320	10,841	10,718	9,915	9,441
Long-Term Investments	6.51	8.09	12.38	42.64	48.2	287.32
Goodwill	413.22	413.22	413.22	413.22	413.22	549.05
Other Intangible Assets	753.76	697.55	548.98	445.98	487	502.4
Long-Term Accounts Receivable	338.6	333.85	305.91	370.47	361.18	208.99
Long-Term Deferred Charges	318.07	231.35	210.34	125.7	-	-
Other Long-Term Assets	24.03	24.03	47.07	-	-	-
Total Assets	16,430	17,704	16,570	16,679	15,867	16,827
Accounts Payable	1,832	2,141	2,093	2,266	1,443	1,681
Accrued Expenses	145.15	2,058	1,855	1,520	1,630	2,072
Short-Term Debt	-	-	-	200	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	716.33
Current Portion of Leases	545.74	649.59	737.95	671.5	616.9	460.01
Current Unearned Revenue	491.2	465.71	467.49	438.73	358.54	377.02
Other Current Liabilities	1,050	1,054	700.31	813.07	923.97	853.16
Total Current Liabilities	4,979	6,369	5,854	5,910	4,972	6,160
Long-Term Leases	1,338	1,455	1,321	1,553	1,692	1,397
Long-Term Unearned Revenue	209.19	217.25	218.21	247.07	195.15	193.1
Other Long-Term Liabilities	214.97	210.78	208.8	198.59	184.58	169.83
Total Liabilities	6,955	8,461	7,800	8,147	7,298	8,178
Common Stock	4,533	4,533	4,533	4,533	4,533	4,533
Additional Paid-In Capital	232.33	232.33	232.33	232.33	232.33	232.33
Retained Earnings	2,459	4,493	4,019	3,767	3,804	3,883
Comprensive Income & Other	2,251	-15.42	-13.85	-	-	0.52
Shareholders' Equity	9,475	9,243	8,770	8,532	8,569	8,649
Total Liabilities & Equity	16,430	17,704	16,570	16,679	15,867	16,827
Total Debt	1,884	2,105	2,059	2,425	2,309	2,573
Net Cash (Debt)	-1,228	-168.34	-513.5	-409.36	-65.92	644.78
Net Cash Growth	-	-	-	-	-	-72.26%
Net Cash Per Share	-0.27	-0.04	-0.11	-0.09	-0.01	0.14
Filing Date Shares Outstanding	4,533	4,533	4,533	4,533	4,533	4,533
Total Common Shares Outstanding	4,533	4,533	4,533	4,533	4,533	4,533
Working Capital	-1,510	-1,693	-1,664	-1,346	-329.54	-321.3
Book Value Per Share	2.09	2.04	1.93	1.88	1.89	1.91
Tangible Book Value	8,308	8,132	7,808	7,673	7,669	7,597
Tangible Book Value Per Share	1.83	1.79	1.72	1.69	1.69	1.68
Buildings	-	21.63	21.63	52.53	52.53	52.52
Machinery	-	25,889	24,343	22,491	20,266	18,778
Construction In Progress	-	504.24	343.12	573.51	610.99	606.85

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