Emaar The Economic City Balance Sheet

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

Millions SAR. 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	373.29	472.9	252.37	179.08	82.14	240.43
Cash & Short-Term Investments	373.29	472.9	252.37	179.08	82.14	240.43
Cash Growth	106.80%	87.39%	40.93%	118.01%	-65.84%	-12.97%
Accounts Receivable	703.6	643.82	639.34	727.77	513.51	1,040
Other Receivables	143.31	141.61	104.91	19.42	1.23	16.27
Receivables	846.91	785.43	744.24	747.19	514.75	1,056
Inventory	801.42	813.99	835.61	839.34	820.8	838.28
Prepaid Expenses	21.03	23.58	29.29	13.45	12.52	16.18
Restricted Cash	4.42	4.42	3.71	3.35	6.33	6.52
Other Current Assets	136.74	181.15	139.44	109.61	41.73	39.3
Total Current Assets	2,184	2,281	2,005	1,892	1,478	2,197
Property, Plant & Equipment	5,148	5,147	5,039	4,972	5,122	5,433
Long-Term Investments	2,551	2,571	2,712	2,837	2,587	2,533
Other Intangible Assets	2.6	2.72	2.98	3.66	4.28	4.43
Long-Term Accounts Receivable	629.62	641.59	249.52	343.03	648.97	698.34
Other Long-Term Assets	5,024	5,038	5,083	5,102	5,350	5,511
Total Assets	15,539	15,682	15,091	15,150	15,191	16,377
Accounts Payable	922.45	289.61	183.92	203.83	226.57	378.63
Accrued Expenses	-	300.71	270.98	217.48	257.01	214.07
Short-Term Debt	-	-	161.39	152.43	201.77	198.77
Current Portion of Long-Term Debt	534.64	535.27	7,871	6,747	5,962	3,580
Current Portion of Leases	48.49	62.27	51.67	56.21	55.45	45.01
Current Income Taxes Payable	74.5	130.25	113.69	250.74	215.46	148.52
Current Unearned Revenue	531.29	527.91	605.04	712.35	986.64	1,141
Other Current Liabilities	31.06	301.53	321.84	328.87	487.22	435.67
Total Current Liabilities	2,142	2,148	9,580	8,669	8,392	6,142
Long-Term Debt	4,071	4,014	-	-	76.92	2,379
Long-Term Leases	11	11	23.68	32.79	25.82	36.56
Pension & Post-Retirement Benefits	50.18	49.6	45.48	41.63	40.84	43.37
Other Long-Term Liabilities	97.76	113.2	174.94	-	-	-
Total Liabilities	6,372	6,336	9,824	8,743	8,536	8,600
Common Stock	8,829	8,829	5,233	11,333	11,333	11,333
Additional Paid-In Capital	502.92	502.92	-	-	-	-
Retained Earnings	-165.85	13.94	34.31	-4,927	-4,679	-3,557
Total Common Equity	9,166	9,346	5,267	6,406	6,655	7,777
Shareholders' Equity	9,166	9,346	5,267	6,406	6,655	7,777
Total Liabilities & Equity	15,539	15,682	15,091	15,150	15,191	16,377
Total Debt	4,665	4,623	8,108	6,989	6,322	6,239
Net Cash (Debt)	-4,292	-4,150	-7,855	-6,809	-6,240	-5,998
Net Cash Per Share	-6.90	-7.80	-15.01	-13.01	-11.93	-14.04
Filing Date Shares Outstanding	882.93	882.93	523.26	523.26	523.26	523.26
Total Common Shares Outstanding	882.93	882.93	523.26	523.26	523.26	523.26
Working Capital	41.38	133.93	-7,575	-6,777	-6,914	-3,945
Book Value Per Share	10.38	10.59	10.07	12.24	12.72	14.86
Tangible Book Value	9,164	9,343	5,264	6,403	6,651	7,772
Tangible Book Value Per Share	10.38	10.58	10.06	12.24	12.71	14.85
Land	-	135.28	135.28	135.28	135.28	135.28
Buildings	-	1,683	1,683	1,681	1,677	1,606
Machinery	-	383.15	380.39	377.74	376.63	375.37
Construction In Progress	-	1,382	1,970	1,722	1,679	1,820