DFM:ERC 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	104.22	110.44	207.74	234.17	270.49	15.66
Trading Asset Securities	19.48	25.26	20.91	33.34	47.65	18.4
Cash & Short-Term Investments	123.7	135.7	228.66	267.51	318.14	34.06
Cash Growth	-30.66%	-40.65%	-14.52%	-15.91%	834.13%	116.58%
Accounts Receivable	137.26	137.87	90.71	23.01	6.7	5.29
Other Receivables	6.99	6.08	5.18	15.3	5.15	0.45
Receivables	144.25	143.94	95.89	38.31	11.85	5.74
Inventory	18.18	24.37	13.28	9.9	6.45	4.79
Prepaid Expenses	3.1	2.69	1.7	0.95	0.72	0.85
Other Current Assets	61.73	40.33	7.23	0.43	0.02	0.01
Total Current Assets	350.95	347.03	346.75	317.1	337.18	45.46
Property, Plant & Equipment	47.69	37.61	33.02	32.16	14.55	9.16
Long-Term Investments	2.02	1.92	1.14	1.21	1.11	1.01
Goodwill	12.8	12.8	12.8	5.3	-	-
Other Intangible Assets	11.18	11.67	13.65	4.17	-	-
Other Long-Term Assets	3.28	3.28	5.53	3.28	3.38	11.81
Total Assets	427.91	414.31	412.88	363.22	356.22	67.44
Accounts Payable	35.56	34.87	41.66	20.95	8.77	8.49
Accrued Expenses	17.39	10.15	3.9	2.24	1.54	1.64
Short-Term Debt	-	-	-	-	-	24.42
Current Portion of Long-Term Debt	0.49	0.63	0.42	-	-	-
Current Portion of Leases	2.38	0.86	1.11	1.25	1.43	2.09
Current Income Taxes Payable	0.93	1.24	1.38	-	-	-
Other Current Liabilities	0.41	0.18	8.48	0.13	0.07	0.09
Total Current Liabilities	57.16	47.92	56.95	24.57	11.8	36.74
Long-Term Debt	0.97	0.99	0.56	-	-	-
Long-Term Leases	12.49	2.78	2.53	3.51	6.19	7.86
Pension & Post-Retirement Benefits	2.97	2.86	2.54	1.9	1.72	1.72
Long-Term Deferred Tax Liabilities	0.87	0.9	1.01	0.38	-	-
Total Liabilities	74.47	55.45	63.6	30.35	19.71	46.31
Common Stock	319.87	319.87	319.87	319.87	319.87	30
Retained Earnings	25.45	30.8	22.11	12.18	15.91	-9.49
Comprehensive Income & Other	1.62	1.52	0.74	0.82	0.72	0.62
Total Common Equity	346.94	352.2	342.72	332.87	336.5	21.13
Minority Interest	6.51	6.67	6.57	-	-	-
Shareholders' Equity	353.44	358.86	349.29	332.87	336.5	21.13
Total Liabilities & Equity	427.91	414.31	412.88	363.22	356.22	67.44
Total Debt	16.34	5.26	4.63	4.76	7.62	34.37
Net Cash (Debt)	107.36	130.44	224.02	262.75	310.51	-0.31
Net Cash Growth	-38.24%	-41.77%	-14.74%	-15.38%	-	-
Net Cash Per Share	0.34	0.41	0.70	0.82	1.81	-0.01
Filing Date Shares Outstanding	319.87	319.87	319.87	319.87	319.87	30
Total Common Shares Outstanding	319.87	319.87	319.87	319.87	319.87	30
Working Capital	293.79	299.11	289.8	292.53	325.37	8.72
Book Value Per Share	1.08	1.10	1.07	1.04	1.05	0.70
Tangible Book Value	322.96	327.72	316.27	323.4	336.5	21.13
Tangible Book Value Per Share	1.01	1.02	0.99	1.01	1.05	0.70
Buildings	21.63	21.61	21.11	19.61	14.63	8.66
Machinery	64.4	64.05	58.03	54.54	60.07	63.98
Construction In Progress	1.61	1.67	0.22	0.06	0.09	0.48