DFM:UPP Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	455.33	181.21	78.31	61.4	65.8	45.4	Upgrade
Trading Asset Securities	0.97	0.97	0.7	0.7	0.76	37.28	Upgrade
Cash & Short-Term Investments	456.29	182.18	79	62.1	66.55	82.68	Upgrade
Cash Growth	312.73%	130.59%	27.23%	-6.70%	-19.50%	-6.56%	Upgrade
Accounts Receivable	645.19	629.66	360.95	236.87	252.06	435.61	Upgrade
Other Receivables	111.21	73.74	61.98	52.37	65.55	72.09	Upgrade
Receivables	756.4	703.41	422.93	289.23	317.61	507.7	Upgrade
Inventory	5.54	4.76	5.85	4.4	4.73	7.91	Upgrade
Prepaid Expenses	79.24	20.51	17.96	19.46	19.17	17.46	Upgrade
Other Current Assets	1.72	546.57	935.46	116.68	123.63	96.24	Upgrade
Total Current Assets	1,299	1,457	1,461	491.87	531.69	711.99	Upgrade
Property, Plant & Equipment	495.23	470.02	317.77	321.55	334.33	374.45	Upgrade
Long-Term Investments	4.26	9.14	19.91	79.33	84.41	201.98	Upgrade
Goodwill	106.58	-	-	-	-	-	Upgrade
Long-Term Accounts Receivable	-	28.23	11.58	11.83	4.3	33.19	Upgrade
Other Long-Term Assets	2,547	2,451	2,969	3,174	3,268	4,620	Upgrade
Total Assets	4,452	4,416	4,780	4,078	4,223	5,942	Upgrade
Accounts Payable	191.74	208.73	207.01	84.21	113.3	323.47	Upgrade
Accrued Expenses	191.63	174.33	155.51	33.51	39.29	42.42	Upgrade
Short-Term Debt	27.54	26.1	41.59	50.81	113.67	192.24	Upgrade
Current Portion of Long-Term Debt	63.29	398.67	986.93	481.13	569.41	1,000	Upgrade
Current Portion of Leases	3.2	2.07	2.25	2.62	4.45	5.08	Upgrade
Current Income Taxes Payable	26.87	12.32	-	-	-	-	Upgrade
Current Unearned Revenue	152.87	42.32	12.45	52.82	50.19	88.69	Upgrade
Other Current Liabilities	147.38	27.03	74.52	1,025	1,041	871.12	Upgrade
Total Current Liabilities	804.52	891.58	1,480	1,730	1,931	2,523	Upgrade
Long-Term Debt	238.91	176.36	220.94	341.37	309.25	463.06	Upgrade
Long-Term Leases	14.58	12.67	8.98	10.5	17.81	20.33	Upgrade
Long-Term Unearned Revenue	-	-	-	8.12	8.12	8.12	Upgrade
Pension & Post-Retirement Benefits	35.97	32.13	30.6	30.63	29.14	32.94	Upgrade
Long-Term Deferred Tax Liabilities	28.07	28.07	-	-	-	-	Upgrade
Other Long-Term Liabilities	-	84	244	-	-	-	Upgrade
Total Liabilities	1,122	1,225	1,985	2,121	2,296	3,048	Upgrade
Common Stock	2,858	4,290	4,290	4,290	4,290	4,290	Upgrade
Retained Earnings	139.23	-1,432	-1,707	-2,545	-2,575	-1,608	Upgrade
Comprehensive Income & Other	332.86	332.86	212.69	212.69	212.69	212.69	Upgrade
Shareholders' Equity	3,330	3,191	2,795	1,957	1,927	2,894	Upgrade
Total Liabilities & Equity	4,452	4,416	4,780	4,078	4,223	5,942	Upgrade
Total Debt	347.51	615.87	1,261	886.43	1,015	1,681	Upgrade
Net Cash (Debt)	108.78	-433.69	-1,182	-824.34	-948.04	-1,598	Upgrade
Net Cash Per Share	0.03	-0.10	-0.28	-0.19	-0.22	-0.37	Upgrade
Filing Date Shares Outstanding	2,858	4,290	4,290	4,290	4,290	4,290	Upgrade
Total Common Shares Outstanding	2,858	4,290	4,290	4,290	4,290	4,290	Upgrade
Working Capital	494.67	565.84	-19.06	-1,239	-1,400	-1,811	Upgrade
Book Value Per Share	1.17	0.74	0.65	0.46	0.45	0.67	Upgrade
Tangible Book Value	3,223	3,191	2,795	1,957	1,927	2,894	Upgrade
Tangible Book Value Per Share	1.13	0.74	0.65	0.46	0.45	0.67	Upgrade
Land	-	373.9	241.84	251.98	251.98	251.98	Upgrade
Buildings	-	91.81	103.01	108.66	108.17	127.54	Upgrade
Machinery	-	140.18	163.67	170.56	177.43	192.68	Upgrade
Construction In Progress	-	3.28	3.13	2.8	1.58	30.99	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.