DFM:UPP Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	459.66	494.25	181.21	78.31	61.4	65.8
Trading Asset Securities	0.38	0.46	0.97	0.7	0.7	0.76
Cash & Short-Term Investments	460.03	494.71	182.18	79	62.1	66.55
Cash Growth	192.50%	171.55%	130.59%	27.23%	-6.70%	-19.50%
Accounts Receivable	659.58	851.54	603.69	360.95	236.87	252.06
Other Receivables	203.39	157.14	99.72	61.98	52.37	65.55
Receivables	862.97	1,009	703.41	422.93	289.23	317.61
Inventory	7.06	6.18	4.76	5.85	4.4	4.73
Prepaid Expenses	115.08	113.11	20.51	17.96	19.46	19.17
Other Current Assets	578.34	6.81	546.57	935.46	116.68	123.63
Total Current Assets	2,023	1,629	1,457	1,461	491.87	531.69
Property, Plant & Equipment	504.85	489.61	470.02	317.77	321.55	334.33
Long-Term Investments	5.22	6.88	9.14	19.91	79.33	84.41
Goodwill	66.84	66.84	-	-	-	-
Other Intangible Assets	35.58	37.76	-	-	-	-
Long-Term Accounts Receivable	7.66	7.77	28.23	11.58	11.83	4.3
Long-Term Deferred Tax Assets	5.39	5.39	-	-	-	-
Other Long-Term Assets	2,181	2,556	2,451	2,969	3,174	3,268
Total Assets	4,830	4,800	4,416	4,780	4,078	4,223
Accounts Payable	132.48	165.87	208.73	207.01	84.21	113.3
Accrued Expenses	271.25	247.3	174.33	155.51	33.51	39.29
Short-Term Debt	24.67	27.54	26.1	41.59	50.81	113.67
Current Portion of Long-Term Debt	69.6	66.05	398.67	986.93	481.13	569.41
Current Portion of Leases	3.48	3.85	2.07	2.25	2.62	4.45
Current Income Taxes Payable	31.14	30.12	12.32	-	-	-
Current Unearned Revenue	238.92	209.12	42.32	12.45	52.82	50.19
Other Current Liabilities	48.28	48.65	27.03	74.52	1,025	1,041
Total Current Liabilities	819.82	798.5	891.58	1,480	1,730	1,931
Long-Term Debt	225.26	231.68	176.36	220.94	341.37	309.25
Long-Term Leases	12.33	13.01	12.67	8.98	10.5	17.81
Long-Term Unearned Revenue	-	-	-	-	8.12	8.12
Pension & Post-Retirement Benefits	56.84	52.68	32.13	30.6	30.63	29.14
Long-Term Deferred Tax Liabilities	50.9	50.63	28.07	-	-	-
Other Long-Term Liabilities	-	-	84	244	-	-
Total Liabilities	1,165	1,147	1,225	1,985	2,121	2,296
Common Stock	2,858	2,858	4,290	4,290	4,290	4,290
Retained Earnings	474.26	462.46	-1,432	-1,707	-2,545	-2,575
Comprehensive Income & Other	332.86	332.86	332.86	212.69	212.69	212.69
Shareholders' Equity	3,665	3,653	3,191	2,795	1,957	1,927
Total Liabilities & Equity	4,830	4,800	4,416	4,780	4,078	4,223
Total Debt	335.33	342.14	615.87	1,261	886.43	1,015
Net Cash (Debt)	124.7	152.57	-433.69	-1,182	-824.34	-948.04
Net Cash Per Share	0.03	0.04	-0.10	-0.28	-0.19	-0.22
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	1,204	830.98	565.84	-19.06	-1,239	-1,400
Book Value Per Share	0.85	0.85	0.74	0.65	0.46	0.45
Tangible Book Value	3,563	3,549	3,191	2,795	1,957	1,927
Tangible Book Value Per Share	0.83	0.83	0.74	0.65	0.46	0.45
Land	-	373.9	373.9	241.84	251.98	251.98
Buildings	-	102.93	101.39	103.01	108.66	108.17
Machinery	-	149.81	140.54	163.67	170.56	177.43
Construction In Progress	-	29.02	3.28	3.13	2.8	1.58