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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	13,218	14,730	5,541	2,579	2,613	2,286
Trading Asset Securities	282.74	257.25	212.68	151.28	174.75	138.38
Cash & Short-Term Investments	13,501	14,987	5,754	2,731	2,787	2,425
Cash Growth	10.25%	160.46%	110.73%	-2.04%	14.95%	-2.60%
Accounts Receivable	59,599	49,465	52,312	44,548	47,580	47,825
Other Receivables	3,497	2,764	2,536	8,315	7,275	6,737
Receivables	64,048	53,063	55,891	53,971	55,951	55,542
Inventory	60.15	62.3	63.8	301.67	349.36	306.14
Prepaid Expenses	191.87	136.63	121.9	138.03	170.78	196.49
Restricted Cash	29,717	19,125	12,748	5,960	3,658	4,509
Other Current Assets	2,527	2,012	2,425	1,418	3,077	4,110
Total Current Assets	110,046	89,385	77,004	64,519	65,994	67,089
Property, Plant & Equipment	9,720	10,337	10,839	10,224	11,547	11,724
Long-Term Investments	6,347	7,383	7,825	8,671	7,604	7,646
Goodwill	-	208.37	208.37	573.38	573.38	573.38
Other Intangible Assets	218.92	11.35	3.57	171.18	182.09	193.29
Long-Term Accounts Receivable	225.84	8,788	12,147	9,727	4,600	2,960
Long-Term Deferred Tax Assets	-	27.78	180.42	166.14	313.35	169.08
Long-Term Deferred Charges	2,446	1,763	1,469	-	897.43	960.34
Other Long-Term Assets	21,245	21,494	22,688	26,562	26,265	25,555
Total Assets	150,248	139,397	132,364	120,614	117,977	116,870
Accounts Payable	1,483	1,761	2,012	1,564	1,696	1,484
Accrued Expenses	4,747	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	1,723	4,073	1,415	6,094	3,439	3,611
Current Income Taxes Payable	1,210	-	242.73	275.54	106.51	149.47
Other Current Liabilities	-	1,159	1,880	1,144	1,215	1,147
Total Current Liabilities	9,163	11,825	13,155	16,032	12,342	13,761
Long-Term Debt	7,899	8,198	13,041	11,554	17,871	18,063
Long-Term Leases	785.92	863.66	980.82	1,152	1,239	747.15
Long-Term Unearned Revenue	30,858	22,858	19,564	13,784	11,689	10,147
Long-Term Deferred Tax Liabilities	899.04	754.32	922.8	1,036	1,103	1,340
Other Long-Term Liabilities	8,917	7,891	9,097	9,140	8,984	9,186
Total Liabilities	58,709	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	79,747	75,931	66,575	58,129	52,980	51,341
Comprehensive Income & Other	-8,652	-7,627	-6,997	-5,176	-5,204	-4,920
Total Common Equity	80,516	77,724	68,998	61,715	55,518	54,162
Minority Interest	11,023	9,107	6,428	6,027	9,064	9,287
Shareholders' Equity	91,539	86,831	75,426	67,742	64,582	63,449
Total Liabilities & Equity	150,248	139,397	132,364	120,614	117,977	116,870
Total Debt	10,407	13,134	15,479	19,024	22,600	23,849
Net Cash (Debt)	3,094	1,853	-9,725	-16,293	-19,813	-21,424
Net Cash Per Share	0.35	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	100,882	77,560	63,848	48,487	53,652	53,327
Book Value Per Share	9.11	8.79	7.81	7.54	7.75	7.56
Tangible Book Value	80,297	77,504	68,787	60,970	54,762	53,396
Tangible Book Value Per Share	9.08	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.