DFM:EMPOWER 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	2,453	2,256	1,937	538.78	1,474	1,246
Short-Term Investments	141.54	57.7	30.26	27.5	11.3	114.8
Trading Asset Securities	48.4	45.46	25.47	10	-	100
Accounts Receivable	302.95	241.12	184.71	210.05	219.81	154.48
Other Receivables	36.61	38.18	35.89	33.51	36.79	14.17
Inventory	59	55.72	53.79	43.73	46.15	27.02
Prepaid Expenses	-	19.07	17.6	13.55	13.43	14.1
Other Current Assets	-	65.63	75.11	89.92	77.49	99.29
Total Current Assets	3,041	2,779	2,359	967.03	1,879	1,769
Property, Plant & Equipment	7,243	7,197	7,001	6,939	6,997	7,046
Other Intangible Assets	312.63	315.67	327.83	339.98	352.14	364.3
Long-Term Investments	1,335	55.78	56.02	54.46	53.22	58.42
Long-Term Deferred Tax Assets	14.79	15.08	16.23	17.45	-	-
Other Long-Term Assets	169.94	1,455	1,423	1,410	373.86	305.16
Total Assets	12,117	11,817	11,183	9,728	9,655	9,544
Accounts Payable	2,342	247.16	217.86	189.65	1,157	1,639
Accrued Expenses	-	411.86	315.7	327.31	287.93	-
Current Portion of Long-Term Debt	2.82	3.42	2.2	-	-	1,000
Current Unearned Revenue	3.17	745.04	523.26	344.96	293.4	2.78
Current Portion of Leases	1.3	1.89	5.39	3.5	2.34	3.01
Current Income Taxes Payable	117.85	97.59	88.95	-	-	-
Other Current Liabilities	493.75	925.84	783.36	680.46	19.72	12.69
Total Current Liabilities	2,961	2,433	1,937	1,546	1,760	2,657
Long-Term Debt	5,500	5,500	5,496	4,492	4,490	987.67
Long-Term Leases	-	-	0.16	0.58	0.73	11.94
Long-Term Unearned Revenue	299.25	300	302.78	305.56	308.34	370.89
Pension & Post-Retirement Benefits	73.3	70.89	57.65	54.67	56.04	49.7
Other Long-Term Liabilities	14.97	15.84	16.19	18.04	5.26	35.32
Total Liabilities	8,849	8,320	7,810	6,417	6,620	4,113
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	82.19	82.19	82.19	82.19	82.19	82.19
Retained Earnings	1,985	2,215	2,097	2,048	1,945	4,344
Comprehensive Income & Other	13.73	13.81	18.77	14.51	5.84	2.74
Total Common Equity	3,080	3,311	3,198	3,144	3,033	5,429
Minority Interest	187.77	186.38	175.75	166.78	2.13	1.94
Shareholders' Equity	3,268	3,497	3,373	3,311	3,035	5,431
Total Liabilities & Equity	12,117	11,817	11,183	9,728	9,655	9,544
Total Debt	5,504	5,505	5,504	4,497	4,493	2,003
Net Cash (Debt)	-2,861	-3,146	-3,512	-3,920	-3,007	-542.45
Net Cash Per Share	-0.29	-0.31	-0.35	-0.39	-0.30	-0.05
Filing Date Shares Outstanding	10,005	10,000	10,000	10,000	10,000	1,000
Total Common Shares Outstanding	10,005	10,000	10,000	10,000	10,000	1,000
Working Capital	79.89	345.84	422.73	-578.85	118.59	-887.88
Book Value Per Share	0.31	0.33	0.32	0.31	0.30	5.43
Tangible Book Value	2,768	2,995	2,870	2,804	2,680	5,065
Tangible Book Value Per Share	0.28	0.30	0.29	0.28	0.27	5.06
Land	-	432.36	432.36	432.36	432.36	494.28
Buildings	-	71.77	70.71	70.71	70.71	70.71
Machinery	-	9,917	9,542	9,240	8,850	8,098
Construction In Progress	-	495.86	339.04	249.83	393.37	842.07