DFM:GULFNAV Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Cash & Equivalents	24.45	5.2	210.06	28.27	24.68	21.89	Upgrade
Trading Asset Securities	0.6	0.7	100.38	-	-	-	Upgrade
Cash & Short-Term Investments	25.05	5.9	310.44	28.27	24.68	21.89	Upgrade
Cash Growth	-89.89%	-98.10%	998.08%	14.57%	12.72%	-22.92%	Upgrade
Accounts Receivable	16.21	14.1	15.55	7.78	8.07	17.3	Upgrade
Other Receivables	-	1.32	2.67	4.58	20.17	22.33	Upgrade
Receivables	16.21	15.43	18.22	12.36	28.24	39.62	Upgrade
Inventory	10.38	10.43	9.08	7.97	8.26	6.44	Upgrade
Prepaid Expenses	-	1.73	1.55	3.24	1.67	2.04	Upgrade
Other Current Assets	77.24	28.82	3.37	2.2	1.06	0.23	Upgrade
Total Current Assets	128.89	62.3	342.67	54.03	63.9	70.23	Upgrade
Property, Plant & Equipment	528.72	531.87	516.21	587.12	627.08	648.8	Upgrade
Goodwill	143.46	143.46	143.46	143.46	143.46	143.46	Upgrade
Long-Term Deferred Tax Assets	1.96	1.97	-	-	-	-	Upgrade
Total Assets	803.03	739.61	1,002	784.62	834.44	862.49	Upgrade
Accounts Payable	281.88	6.73	19.23	22.09	25.25	27.6	Upgrade
Accrued Expenses	-	10.13	12.44	40.32	18.03	14.59	Upgrade
Short-Term Debt	-	-	180.19	0.83	11.67	17.67	Upgrade
Current Portion of Long-Term Debt	38.66	20.9	25.68	109.59	56.72	270.44	Upgrade
Current Portion of Leases	-	-	-	-	0.19	0.49	Upgrade
Current Income Taxes Payable	-	-	2.37	3.81	2.67	7.67	Upgrade
Other Current Liabilities	-	247.81	71.37	29.57	79.88	70.53	Upgrade
Total Current Liabilities	320.54	285.58	311.29	206.2	194.41	408.98	Upgrade
Long-Term Debt	116.48	72.71	94.16	157.89	264.02	134.09	Upgrade
Long-Term Leases	-	-	-	-	-	0.13	Upgrade
Total Liabilities	438.11	359.3	406.7	365.3	459.6	544.54	Upgrade
Common Stock	837.7	837.7	837.7	1,275	1,019	1,019	Upgrade
Additional Paid-In Capital	-	-	35.73	8.45	-	-	Upgrade
Retained Earnings	-20.06	-20.53	-0.44	-659.41	-651.8	-709.91	Upgrade
Treasury Stock	-233.55	-243.05	-96.28	-24.05	-	-	Upgrade
Comprehensive Income & Other	-219.16	-193.81	-181.07	-181.07	-2.72	-2.72	Upgrade
Total Common Equity	364.92	380.31	595.64	419.32	364.69	306.57	Upgrade
Minority Interest	-	-	-	-	10.15	11.38	Upgrade
Shareholders' Equity	364.92	380.31	595.64	419.32	374.84	317.95	Upgrade
Total Liabilities & Equity	803.03	739.61	1,002	784.62	834.44	862.49	Upgrade
Total Debt	155.14	93.61	300.03	268.31	332.59	422.81	Upgrade
Net Cash (Debt)	-130.09	-87.71	10.4	-240.04	-307.92	-400.92	Upgrade
Net Cash Per Share	-2.04	-0.11	0.01	-0.38	-0.60	-0.79	Upgrade
Filing Date Shares Outstanding	7,372	797.55	823.65	637.7	509.6	509.6	Upgrade
Total Common Shares Outstanding	7,372	797.55	823.65	637.7	509.6	509.6	Upgrade
Working Capital	-191.65	-223.28	31.38	-152.17	-130.51	-338.75	Upgrade
Book Value Per Share	0.05	0.48	0.72	0.66	0.72	0.60	Upgrade
Tangible Book Value	221.45	236.85	452.17	275.85	221.23	163.11	Upgrade
Tangible Book Value Per Share	0.03	0.30	0.55	0.43	0.43	0.32	Upgrade
Machinery	-	1,139	1,080	1,282	1,280	1,262	Upgrade
Leasehold Improvements	-	2.55	2.55	3.85	3.85	3.85	Upgrade

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.