Union Properties Public Joint Stock Company (DFM: UPP)

UPP Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	44.3	78.31	61.4	65.8	45.4	75.48
Trading Asset Securities	0.7	0.7	0.7	0.76	37.28	13
Cash & Short-Term Investments	45	79	62.1	66.55	82.68	88.48
Cash Growth	-68.93%	27.23%	-6.70%	-19.50%	-6.56%	-77.64%
Accounts Receivable	525.56	360.95	236.87	252.06	435.61	441.57
Other Receivables	59.83	61.98	52.37	65.55	72.09	92.92
Receivables	585.39	422.93	289.23	317.61	507.7	534.49
Inventory	5.89	5.85	4.4	4.73	7.91	5.01
Prepaid Expenses	27.84	17.96	19.46	19.17	17.46	14.22
Other Current Assets	545.16	935.46	116.68	123.63	96.24	13.73
Total Current Assets	1,209	1,461	491.87	531.69	711.99	655.92
Property, Plant & Equipment	333.79	317.77	321.55	334.33	374.45	389.09
Long-Term Investments	14.1	19.91	79.33	84.41	201.98	666.45
Long-Term Accounts Receivable	117.33	11.58	11.83	4.3	33.19	33.29
Other Long-Term Assets	2,881	2,969	3,174	3,268	4,620	4,119
Total Assets	4,556	4,780	4,078	4,223	5,942	5,864
Accounts Payable	199.13	451.01	84.21	113.3	323.47	314.22
Accrued Expenses	97.58	32.34	33.51	39.29	42.42	29.36
Short-Term Debt	27.71	41.59	50.81	113.67	192.24	291.32
Current Portion of Long-Term Debt	621.57	986.93	481.13	569.41	1,000	1,012
Current Portion of Leases	1.92	2.25	2.62	4.45	5.08	7.13
Current Unearned Revenue	12.96	23.23	52.82	50.19	88.69	102.62
Other Current Liabilities	334.89	186.92	1,025	1,041	871.12	824.88
Total Current Liabilities	1,300	1,724	1,730	1,931	2,523	2,582
Long-Term Debt	197.41	220.94	341.37	309.25	463.06	506.33
Long-Term Leases	14.19	8.98	10.5	17.81	20.33	25.21
Long-Term Unearned Revenue	-	-	8.12	8.12	8.12	8.12
Other Long-Term Liabilities	183	-	-	-	-	-
Total Liabilities	1,726	1,985	2,121	2,296	3,048	3,155
Common Stock	4,290	4,290	4,290	4,290	4,290	4,290
Retained Earnings	-1,672	-1,707	-2,545	-2,575	-1,608	-1,809
Comprensive Income & Other	212.69	212.69	212.69	212.69	212.69	228.2
Shareholders' Equity	2,830	2,795	1,957	1,927	2,894	2,709
Total Liabilities & Equity	4,556	4,780	4,078	4,223	5,942	5,864
Total Debt	862.79	1,261	886.43	1,015	1,681	1,842
Net Cash (Debt)	-817.79	-1,182	-824.34	-948.04	-1,598	-1,753
Net Cash Per Share	-0.19	-0.28	-0.19	-0.22	-0.37	-0.41
Filing Date Shares Outstanding	4,290	4,290	4,290	4,290	4,290	4,290
Total Common Shares Outstanding	4,290	4,290	4,290	4,290	4,290	4,290
Working Capital	-91.04	-263.06	-1,239	-1,400	-1,811	-1,926
Book Value Per Share	0.66	0.65	0.46	0.45	0.67	0.63
Tangible Book Value	2,830	2,795	1,957	1,927	2,894	2,709
Tangible Book Value Per Share	0.66	0.65	0.46	0.45	0.67	0.63
Land	-	241.84	251.98	251.98	251.98	251.98
Buildings	-	103.01	108.66	108.17	127.54	135.89
Machinery	-	163.67	170.56	177.43	192.68	189.17
Construction In Progress	-	3.13	2.8	1.58	30.99	24.1

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