Emaar Properties PJSC (DFM: EMAAR)

Emaar Properties PJSC 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	10,933	14,730	5,541	2,579	2,613	2,286
Trading Asset Securities	271.43	257.25	212.68	151.28	174.75	138.38
Cash & Short-Term Investments	11,204	14,987	5,754	2,731	2,787	2,425
Cash Growth	6.60%	160.46%	110.73%	-2.04%	14.95%	-2.60%
Accounts Receivable	54,033	49,465	52,312	44,548	47,580	47,825
Other Receivables	2,761	2,764	2,536	8,315	7,275	6,737
Receivables	57,764	53,063	55,891	53,971	55,951	55,542
Inventory	66.62	62.3	63.8	301.67	349.36	306.14
Prepaid Expenses	165.88	136.63	121.9	138.03	170.78	196.49
Restricted Cash	24,653	19,125	12,748	5,960	3,658	4,509
Other Current Assets	2,347	2,012	2,425	1,418	3,077	4,110
Total Current Assets	96,201	89,385	77,004	64,519	65,994	67,089
Property, Plant & Equipment	9,700	10,337	10,839	10,224	11,547	11,724
Long-Term Investments	6,682	7,383	7,825	8,671	7,604	7,646
Goodwill	-	208.37	208.37	573.38	573.38	573.38
Other Intangible Assets	219.58	11.35	3.57	171.18	182.09	193.29
Long-Term Accounts Receivable	6,314	8,788	12,147	9,727	4,600	2,960
Long-Term Deferred Tax Assets	27.93	27.78	180.42	166.14	313.35	169.08
Long-Term Deferred Charges	2,118	1,763	1,469	-	897.43	960.34
Other Long-Term Assets	21,300	21,494	22,688	26,562	26,265	25,555
Total Assets	142,563	139,397	132,364	120,614	117,977	116,870
Accounts Payable	1,568	1,761	2,012	1,564	1,696	1,484
Accrued Expenses	4,569	4,832	7,564	6,731	5,833	5,942
Short-Term Debt	-	-	42.24	223.52	50.81	1,428
Current Portion of Long-Term Debt	1,489	4,073	1,415	6,094	3,439	3,611
Current Income Taxes Payable	723.05	-	242.73	275.54	106.51	149.47
Other Current Liabilities	-	1,159	1,880	1,144	1,215	1,147
Total Current Liabilities	8,349	11,825	13,155	16,032	12,342	13,761
Long-Term Debt	7,988	8,198	13,041	11,554	17,871	18,063
Long-Term Leases	827.51	863.66	980.82	1,152	1,239	747.15
Long-Term Unearned Revenue	28,110	22,858	19,564	13,784	11,689	10,147
Long-Term Deferred Tax Liabilities	907.37	754.32	922.8	1,036	1,103	1,340
Other Long-Term Liabilities	8,899	7,891	9,097	9,140	8,984	9,186
Total Liabilities	55,263	52,566	56,938	52,872	53,395	53,421
Common Stock	8,839	8,839	8,839	8,180	7,160	7,160
Additional Paid-In Capital	581.89	581.89	581.89	581.89	581.89	581.89
Retained Earnings	76,838	75,931	66,575	58,129	52,980	51,341
Comprensive Income & Other	-8,969	-7,627	-6,997	-5,176	-5,204	-4,920
Total Common Equity	77,290	77,724	68,998	61,715	55,518	54,162
Minority Interest	10,010	9,107	6,428	6,027	9,064	9,287
Shareholders' Equity	87,299	86,831	75,426	67,742	64,582	63,449
Total Liabilities & Equity	142,563	139,397	132,364	120,614	117,977	116,870
Total Debt	10,304	13,134	15,479	19,024	22,600	23,849
Net Cash (Debt)	899.67	1,853	-9,725	-16,293	-19,813	-21,424
Net Cash Per Share	0.10	0.21	-1.18	-2.24	-2.77	-2.99
Filing Date Shares Outstanding	8,839	8,839	8,839	8,180	7,160	7,160
Total Common Shares Outstanding	8,839	8,839	8,839	8,180	7,160	7,160
Working Capital	87,852	77,560	63,848	48,487	53,652	53,327
Book Value Per Share	8.74	8.79	7.81	7.54	7.75	7.56
Tangible Book Value	77,070	77,504	68,787	60,970	54,762	53,396
Tangible Book Value Per Share	8.72	8.77	7.78	7.45	7.65	7.46
Land	-	8,150	7,970	6,995	7,947	8,021
Machinery	-	3,984	3,572	3,255	2,877	2,643
Construction In Progress	-	1,355	1,862	2,178	2,268	2,629
Leasehold Improvements	-	574.21	542.55	564.73	585.49	462.76
Order Backlog	-	71,800	-	-	-	-

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