DFM:TABREED Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	2,456	2,432	2,415	2,216	1,955
Revenue Growth (YoY)	1.02%	0.67%	8.99%	13.35%	12.31%
Selling, General & Admin	285.16	281.73	272.45	245.17	246.55
Provision for Bad Debts	0.87	2.48	3.9	-8.83	1.1
Other Operating Expenses	1,378	1,354	1,333	1,178	1,084
Total Operating Expenses	1,664	1,639	1,610	1,414	1,332
Operating Income	791.85	793.08	805.74	801.9	623.18
Interest Expense	-260.04	-215.26	-264.62	-289.44	-257.71
Interest Income	30.56	40.89	60.54	21.71	2.69
Net Interest Expense	-229.48	-174.37	-204.08	-267.74	-255.02
Income (Loss) on Equity Investments	2.25	37.6	34.92	29.61	35.67
Other Non-Operating Income (Expenses)	-17.59	5.97	36.19	69.64	-120.78
EBT Excluding Unusual Items	547.04	662.28	672.77	633.41	283.05
Gain (Loss) on Sale of Investments	-	-	49.15	-	251.01
Gain (Loss) on Sale of Assets	-	-	84.24	-	-
Other Unusual Items	-	-	-20.8	-	-
Pretax Income	547.04	662.28	785.35	633.41	534.06
Income Tax Expense	51.14	59.52	358.8	-	-
Earnings From Continuing Ops.	495.9	602.75	426.56	633.41	534.06
Earnings From Discontinued Ops.	-	-	-	-	76.68
Net Income to Company	495.9	602.75	426.56	633.41	610.75
Minority Interest in Earnings	-30.56	-32.53	4.58	-33.22	-25.59
Net Income	465.34	570.22	431.14	600.19	585.16
Net Income to Common	465.34	570.22	431.14	600.19	585.16
Net Income Growth	-18.39%	32.26%	-28.17%	2.57%	6.33%
Shares Outstanding (Basic)	2,839	2,842	2,842	2,842	2,842
Shares Outstanding (Diluted)	2,839	2,842	2,842	2,842	2,842
Shares Change (YoY)	-0.11%	-	-	-	0.24%
EPS (Basic)	0.16	0.20	0.15	0.21	0.21
EPS (Diluted)	0.16	0.20	0.15	0.21	0.21
EPS Growth	-18.30%	32.26%	-28.17%	2.57%	6.07%
Free Cash Flow	815.51	972.29	1,105	1,171	1,128
Free Cash Flow Per Share	0.29	0.34	0.39	0.41	0.40
Dividend Per Share	-	0.155	0.155	0.135	0.059
Dividend Growth	-	-	14.82%	129.98%	6.73%
Profit Margin	18.95%	23.45%	17.85%	27.08%	29.93%
Free Cash Flow Margin	33.20%	39.98%	45.73%	52.82%	57.68%
EBITDA	1,109	1,108	1,118	1,098	872.94
EBITDA Margin	45.16%	45.56%	46.27%	49.54%	44.65%
D&A For EBITDA	317.5	314.85	311.92	296	249.76
EBIT	791.85	793.08	805.74	801.9	623.18
EBIT Margin	32.24%	32.62%	33.36%	36.18%	31.87%
Effective Tax Rate	9.35%	8.99%	45.69%	-	-

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