DFM:NCC 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	108.3	256.85	113.44	40.89	41.98	84.05
Short-Term Investments	84.65	5.51	11.51	6.44	9.25	49.27
Trading Asset Securities	-	1.68	3.28	6.79	2.71	8.5
Cash & Short-Term Investments	192.95	264.04	128.22	54.13	53.93	141.81
Cash Growth	-35.78%	105.93%	136.88%	0.37%	-61.97%	11.68%
Accounts Receivable	109.56	107.45	99.64	118.92	100.86	78.82
Other Receivables	-	10.24	6.16	2.33	2.62	3.35
Receivables	109.56	117.69	105.8	121.25	103.48	82.17
Inventory	72.93	67.59	73.48	69.42	77.48	51.07
Other Current Assets	6.74	6.07	1.64	2.11	6.84	2.67
Total Current Assets	382.19	455.39	309.13	246.9	241.73	277.72
Property, Plant & Equipment	126.4	126.44	136.05	143.67	157.96	171.31
Long-Term Investments	1,918	2,064	1,814	1,408	1,114	1,146
Other Intangible Assets	0.16	0.19	0.3	1.01	1.71	1.8
Other Long-Term Assets	2.92	2.92	2.92	2.92	2.92	2.92
Total Assets	2,717	2,937	2,550	2,091	1,834	1,916
Accounts Payable	31.37	19.68	25.48	15.97	16.77	19.54
Accrued Expenses	-	4.72	6.38	11.15	11.39	13.43
Short-Term Debt	-	-	-	20	110	115
Current Portion of Long-Term Debt	-	-	-	-	10	-
Current Income Taxes Payable	5.87	4.4	-	-	-	-
Current Unearned Revenue	-	3.62	0.86	0.72	0.9	1.06
Other Current Liabilities	-	-	-	9.35	16.78	16.78
Total Current Liabilities	37.24	32.42	32.72	57.18	165.84	165.8
Long-Term Debt	-	-	-	-	-	10
Pension & Post-Retirement Benefits	20.47	20.39	18.5	18.79	20.54	20.87
Long-Term Deferred Tax Liabilities	31.07	59.07	36.06	-	-	-
Total Liabilities	88.79	111.88	87.28	75.97	186.38	196.67
Common Stock	358.8	358.8	358.8	358.8	358.8	358.8
Retained Earnings	837.65	762.39	630.39	549.35	484.93	549.53
Comprehensive Income & Other	1,432	1,704	1,474	1,107	803.75	810.54
Shareholders' Equity	2,629	2,825	2,463	2,015	1,647	1,719
Total Liabilities & Equity	2,717	2,937	2,550	2,091	1,834	1,916
Total Debt	-	-	-	20	120	125
Net Cash (Debt)	192.95	264.04	128.22	34.13	-66.07	16.81
Net Cash Growth	-35.78%	105.93%	275.69%	-	-	-
Net Cash Per Share	0.54	0.74	0.36	0.10	-0.18	0.05
Filing Date Shares Outstanding	358.36	358.8	358.8	358.8	358.8	358.8
Total Common Shares Outstanding	358.36	358.8	358.8	358.8	358.8	358.8
Working Capital	344.94	422.97	276.41	189.72	75.89	111.92
Book Value Per Share	7.34	7.87	6.87	5.62	4.59	4.79
Tangible Book Value	2,629	2,825	2,463	2,014	1,646	1,717
Tangible Book Value Per Share	7.33	7.87	6.86	5.61	4.59	4.79
Buildings	-	36.61	36.57	36.48	36.48	36.21
Machinery	-	1,098	1,090	1,078	1,077	1,015
Construction In Progress	-	4.18	4.03	5.91	3.47	61.35

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