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

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