National Central Cooling Company PJSC (DFM:TABREED)

DFM:TABREED Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,023	1,510	1,773	1,197	1,313
Short-Term Investments	121.12	102.37	108.91	97.68	96.15
Accounts Receivable	755.06	749.29	834.34	882.05	1,094
Inventory	74.2	69.69	60.03	50.84	42.42
Prepaid Expenses	20.59	17.03	15.18	14.33	12.45
Other Current Assets	56.88	181.95	274.33	20.54	341.06
Total Current Assets	2,051	2,630	3,066	2,263	2,899
Property, Plant & Equipment	5,009	5,001	5,198	5,225	4,902
Goodwill	319.21	319.21	319.21	347.73	107.45
Other Intangible Assets	3,662	3,730	3,833	3,937	2,253
Long-Term Investments	631.96	636.7	457.29	372.79	358.26
Long-Term Accounts Receivable	2,445	2,523	2,578	2,689	2,793
Total Assets	14,118	14,840	15,451	14,833	13,313
Accounts Payable	86.68	80.72	61.12	54.17	47.68
Accrued Expenses	289.98	347.81	257.17	322.97	218.41
Current Portion of Long-Term Debt	3,498	61.04	45.7	59.67	51.82
Current Unearned Revenue	43.11	81.17	103.67	100.78	104.04
Current Portion of Leases	51.91	53.05	46.32	46.69	44.8
Current Income Taxes Payable	63.91	-	-	-	-
Other Current Liabilities	281.6	275.84	304.64	274.62	195.26
Total Current Liabilities	4,316	899.62	818.62	858.89	662
Long-Term Debt	1,957	6,148	7,046	7,071	6,403
Long-Term Leases	139.94	177	170.49	200.58	219.6
Long-Term Unearned Revenue	318.03	255.11	207.99	204.99	110.99
Pension & Post-Retirement Benefits	50.18	45.26	42.71	41.29	36.49
Long-Term Deferred Tax Liabilities	360.94	358.8	-	-	-
Other Long-Term Liabilities	13.56	13.56	10.57	10.07	5.74
Total Liabilities	7,156	7,897	8,297	8,387	7,438
Common Stock	2,845	2,845	2,845	2,776	2,716
Retained Earnings	3,457	3,328	3,280	2,917	2,547
Treasury Stock	-3.31	-3.3	-3.3	-3.22	-2.02
Comprehensive Income & Other	44.86	148.03	352.64	56.69	-95.56
Total Common Equity	6,344	6,318	6,475	5,746	5,165
Minority Interest	618.31	625.72	679.27	700.25	710.29
Shareholders' Equity	6,962	6,943	7,154	6,446	5,875
Total Liabilities & Equity	14,118	14,840	15,451	14,833	13,313
Total Debt	5,648	6,439	7,309	7,378	6,719
Net Cash (Debt)	-4,504	-4,826	-5,427	-6,083	-5,310
Net Cash Per Share	-1.58	-1.70	-1.91	-2.14	-1.87
Filing Date Shares Outstanding	2,842	2,842	2,842	2,842	2,836
Total Common Shares Outstanding	2,842	2,842	2,842	2,842	2,836
Working Capital	-2,265	1,731	2,247	1,404	2,237
Book Value Per Share	2.23	2.22	2.28	2.02	1.82
Tangible Book Value	2,362	2,268	2,323	1,462	2,805
Tangible Book Value Per Share	0.83	0.80	0.82	0.51	0.99
Land	4,446	4,320	4,330	4,272	3,799
Machinery	2,288	2,233	2,346	2,273	2,182
Construction In Progress	306.58	258.28	252.04	201.66	299.49

Source: S&P Capital IQ. Utility template. Financial Sources.