DFM:TABREED Balance Sheet

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
Cash & Equivalents	654.99	1,023	1,510	1,773	1,197
Short-Term Investments	54.35	121.12	102.37	108.91	97.68
Accounts Receivable	837.93	753.49	749.29	834.34	882.05
Inventory	84.95	74.2	69.69	60.03	50.84
Prepaid Expenses	27.11	20.59	17.03	15.18	14.33
Other Current Assets	5.21	56.88	181.95	274.33	20.54
Total Current Assets	1,665	2,049	2,630	3,066	2,263
Property, Plant & Equipment	4,972	5,009	5,001	5,198	5,225
Goodwill	319.21	319.21	319.21	319.21	347.73
Other Intangible Assets	3,560	3,662	3,730	3,833	3,937
Long-Term Investments	1,734	631.96	636.7	457.29	372.79
Long-Term Accounts Receivable	2,332	2,445	2,523	2,578	2,689
Total Assets	14,581	14,116	14,840	15,451	14,833
Accounts Payable	103.86	86.68	80.72	61.12	54.17
Accrued Expenses	279.66	288.4	347.81	257.17	322.97
Current Portion of Long-Term Debt	197.24	3,498	61.04	45.7	59.67
Current Unearned Revenue	33.08	22.34	81.17	103.67	100.78
Current Portion of Leases	51.73	51.91	53.05	46.32	46.69
Current Income Taxes Payable	57.57	63.91	-	-	-
Other Current Liabilities	175.28	281.6	275.84	304.64	274.62
Total Current Liabilities	898.43	4,293	899.62	818.62	858.89
Long-Term Debt	6,125	1,957	6,148	7,046	7,071
Long-Term Leases	126.44	139.94	177	170.49	200.58
Long-Term Unearned Revenue	317.18	318.03	255.11	207.99	204.99
Pension & Post-Retirement Benefits	53.6	50.18	45.26	42.71	41.29
Long-Term Deferred Tax Liabilities	351.18	360.94	358.8	-	-
Other Long-Term Liabilities	36.9	34.33	13.56	10.57	10.07
Total Liabilities	7,909	7,154	7,897	8,297	8,387
Common Stock	2,845	2,845	2,845	2,845	2,776
Retained Earnings	3,285	3,457	3,328	3,280	2,917
Treasury Stock	-6.35	-3.31	-3.3	-3.3	-3.22
Comprehensive Income & Other	-44.85	44.86	148.03	352.64	56.69
Total Common Equity	6,079	6,344	6,318	6,475	5,746
Minority Interest	593.3	618.31	625.72	679.27	700.25
Shareholders' Equity	6,672	6,962	6,943	7,154	6,446
Total Liabilities & Equity	14,581	14,116	14,840	15,451	14,833
Total Debt	6,501	5,648	6,439	7,309	7,378
Net Cash (Debt)	-5,791	-4,504	-4,826	-5,427	-6,083
Net Cash Per Share	-2.04	-1.58	-1.70	-1.91	-2.14
Filing Date Shares Outstanding	2,830	2,842	2,842	2,842	2,842
Total Common Shares Outstanding	2,830	2,842	2,842	2,842	2,842
Working Capital	766.11	-2,244	1,731	2,247	1,404
Book Value Per Share	2.15	2.23	2.22	2.28	2.02
Tangible Book Value	2,200	2,362	2,268	2,323	1,462
Tangible Book Value Per Share	0.78	0.83	0.80	0.82	0.51
Land	4,587	4,446	4,320	4,330	4,272
Machinery	2,339	2,288	2,233	2,346	2,273
Construction In Progress	244.9	306.58	258.28	252.04	201.66

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