Emaar Properties PJSC Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12,180	9,754	7,877	14,730	5,541	2,579
Short-Term Investments	22,503	18,148	11,112	-	-	-
Trading Asset Securities	350.71	352.83	293.75	257.25	212.68	151.28
Cash & Short-Term Investments	35,034	28,254	19,282	14,987	5,754	2,731
Cash Growth	34.47%	46.53%	28.66%	160.46%	110.73%	-2.04%
Accounts Receivable	58,196	58,003	56,074	49,465	52,312	44,548
Other Receivables	3,468	3,242	3,795	2,764	2,536	8,315
Receivables	62,737	62,305	60,875	53,063	55,891	53,971
Inventory	45.03	45.03	49.77	62.3	63.8	301.67
Prepaid Expenses	209.68	204.08	183.52	136.63	121.9	138.03
Restricted Cash	43,338	42,879	30,755	19,125	12,748	5,960
Other Current Assets	6,092	4,591	3,416	2,012	2,425	1,418
Total Current Assets	147,456	138,279	114,562	89,385	77,004	64,519
Property, Plant & Equipment	9,859	9,980	9,674	10,337	10,839	10,224
Long-Term Investments	8,415	8,396	6,645	7,383	7,825	8,671
Goodwill	-	210.8	210.65	208.37	208.37	573.38
Other Intangible Assets	442.63	331.13	363.71	11.35	3.57	171.18
Long-Term Accounts Receivable	2,570	3,370	4,507	8,788	12,147	9,727
Long-Term Deferred Tax Assets	222.43	32.57	27.9	27.78	180.42	166.14
Long-Term Deferred Charges	4,916	4,583	2,892	1,763	1,469	-
Other Long-Term Assets	21,413	21,518	21,340	21,494	22,688	26,562
Total Assets	195,294	186,701	160,222	139,397	132,364	120,614
Accounts Payable	1,919	1,744	1,462	1,914	2,012	1,564
Accrued Expenses	7,002	6,592	5,175	4,832	7,564	6,731
Short-Term Debt	-	-	-	-	42.24	223.52
Current Portion of Long-Term Debt	1,996	5,180	1,947	4,073	1,415	6,094
Current Portion of Leases	-	134.85	132.88	155.01	-	-
Current Income Taxes Payable	4,697	3,793	1,238	238.27	242.73	275.54
Other Current Liabilities	8,839	1,252	1,071	920.57	1,880	1,144
Total Current Liabilities	24,453	18,696	11,026	12,133	13,155	16,032
Long-Term Debt	7,290	4,626	7,739	8,198	13,041	11,554
Long-Term Leases	778.03	674.04	628.23	708.65	980.82	1,152
Long-Term Unearned Revenue	43,689	40,724	32,495	22,858	19,564	13,784
Pension & Post-Retirement Benefits	210.68	197.95	181.44	176.42	177.04	173.7
Long-Term Deferred Tax Liabilities	1,057	1,073	1,146	754.32	922.8	1,036
Other Long-Term Liabilities	14,224	13,032	10,937	7,738	9,097	9,140
Total Liabilities	91,702	79,024	64,152	52,566	56,938	52,872
Common Stock	8,839	8,839	8,839	8,839	8,839	8,180
Additional Paid-In Capital	1,116	1,116	880.58	581.89	581.89	581.89
Retained Earnings	88,149	91,999	83,659	75,931	66,575	58,129
Comprehensive Income & Other	-8,320	-7,675	-7,950	-7,627	-6,997	-5,176
Total Common Equity	89,784	94,278	85,428	77,724	68,998	61,715
Minority Interest	13,808	13,398	10,642	9,107	6,428	6,027
Shareholders' Equity	103,592	107,676	96,070	86,831	75,426	67,742
Total Liabilities & Equity	195,294	186,701	160,222	139,397	132,364	120,614
Total Debt	10,064	10,615	10,448	13,134	15,479	19,024
Net Cash (Debt)	24,969	17,639	8,835	1,853	-9,725	-16,293
Net Cash Growth	58.77%	99.66%	376.80%	-	-	-
Net Cash Per Share	2.83	2.00	1.00	0.21	-1.18	-2.24
Filing Date Shares Outstanding	8,839	8,839	8,839	8,839	8,839	8,180
Total Common Shares Outstanding	8,839	8,839	8,839	8,839	8,839	8,180
Working Capital	123,003	119,582	103,536	77,252	63,848	48,487
Book Value Per Share	10.16	10.67	9.67	8.79	7.81	7.54
Tangible Book Value	89,341	93,736	84,854	77,504	68,787	60,970
Tangible Book Value Per Share	10.11	10.61	9.60	8.77	7.78	7.45
Land	-	8,553	8,328	8,150	7,970	6,995
Machinery	-	4,516	4,078	3,984	3,572	3,255
Construction In Progress	-	1,212	992.09	1,355	1,862	2,178
Leasehold Improvements	-	693.94	620.22	574.21	542.55	564.73
Order Backlog	-	155,000	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.