TAQA Arabia S.A.E. Income Statement

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

Millions EGP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	25,594	18,945	13,464	10,728	9,102
Revenue Growth (YoY)	35.09%	40.71%	25.50%	17.86%	14.87%
Operations & Maintenance	28.36	27.93	20.43	14.71	2.14
Selling, General & Admin	822.56	628.71	457.11	299	259.72
Provision for Bad Debts	19.55	23.94	5.95	0.79	-
Other Operating Expenses	23,019	16,802	11,912	9,586	8,165
Total Operating Expenses	23,890	17,483	12,396	9,901	8,427
Operating Income	1,704	1,462	1,068	826.85	674.69
Interest Expense	-1,822	-1,348	-1,441	-872.67	-493.17
Interest Income	1,744	886.55	1,272	796.58	535.59
Net Interest Expense	-77.67	-461.52	-168.66	-76.09	42.42
Currency Exchange Gain (Loss)	8.99	72.67	-2.16	31.14	-0.82
Other Non-Operating Income (Expenses)	-	-	1.12	16.94	-
EBT Excluding Unusual Items	1,635	1,073	898.28	798.84	716.29
Gain (Loss) on Sale of Assets	9.23	1.91	1.83	3.44	-
Other Unusual Items	-	-	0.1	-	-
Pretax Income	1,644	1,075	900.22	802.29	716.29
Income Tax Expense	437.09	285.26	258.73	200.43	181.95
Earnings From Continuing Ops.	1,207	789.91	641.49	601.85	534.34
Minority Interest in Earnings	-154.18	-87.88	-84.28	-63.24	-54.46
Net Income	1,053	702.03	557.21	538.61	479.88
Net Income to Common	1,053	702.03	557.21	538.61	479.88
Net Income Growth	50.00%	25.99%	3.45%	12.24%	17.05%
Shares Outstanding (Basic)	1,352	1,352	1,352	1,352	1,352
Shares Outstanding (Diluted)	1,352	1,352	1,352	1,352	1,352
EPS (Basic)	0.78	0.52	0.41	0.40	0.35
EPS (Diluted)	0.78	0.52	0.41	0.40	0.35
EPS Growth	50.03%	25.97%	3.52%	12.16%	17.05%
Free Cash Flow	1,783	563.35	182.27	-392	-215.57
Free Cash Flow Per Share	1.32	0.42	0.14	-0.29	-0.16
Profit Margin	4.11%	3.71%	4.14%	5.02%	5.27%
Free Cash Flow Margin	6.97%	2.97%	1.35%	-3.65%	-2.37%
EBITDA	2,139	1,812	1,331	1,023	825.44
EBITDA Margin	8.36%	9.57%	9.89%	9.53%	9.07%
D&A For EBITDA	435.62	350.31	263.52	195.77	150.75
EBIT	1,704	1,462	1,068	826.85	674.69
EBIT Margin	6.66%	7.72%	7.93%	7.71%	7.41%
Effective Tax Rate	26.58%	26.53%	28.74%	24.98%	25.40%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.