Emaar The Economic City Balance Sheet

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

Millions SAR. 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
Cash & Equivalents	472.9	252.37	179.08	82.14	240.43
Cash & Short-Term Investments	472.9	252.37	179.08	82.14	240.43
Cash Growth	87.39%	40.93%	118.01%	-65.84%	-12.97%
Accounts Receivable	896.89	639.34	727.77	513.51	1,040
Other Receivables	-26.23	166.38	19.42	1.23	16.27
Receivables	870.66	805.72	747.19	514.75	1,056
Inventory	813.99	835.61	839.34	820.8	838.28
Prepaid Expenses	23.58	29.29	13.45	12.52	16.18
Restricted Cash	4.42	3.71	3.35	6.33	6.52
Other Current Assets	95.91	77.97	109.61	41.73	39.3
Total Current Assets	2,281	2,005	1,892	1,478	2,197
Property, Plant & Equipment	5,147	5,039	4,972	5,122	5,433
Long-Term Investments	2,571	2,712	2,837	2,587	2,533
Other Intangible Assets	2.72	2.98	3.66	4.28	4.43
Long-Term Accounts Receivable	641.59	249.52	343.03	648.97	698.34
Other Long-Term Assets	5,038	5,083	5,102	5,350	5,511
Total Assets	15,682	15,091	15,150	15,191	16,377
Accounts Payable	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	535.27	7,871	6,747	5,962	3,580
Current Portion of Leases	62.27	51.67	56.21	55.45	45.01
Current Income Taxes Payable	130.25	113.69	250.74	215.46	148.52
Current Unearned Revenue	527.91	605.04	712.35	986.64	1,141
Other Current Liabilities	301.53	321.84	328.87	487.22	435.67
Total Current Liabilities	2,148	9,580	8,669	8,392	6,142
Long-Term Debt	4,014	-	-	76.92	2,379
Long-Term Leases	11	23.68	32.79	25.82	36.56
Pension & Post-Retirement Benefits	49.6	45.48	41.63	40.84	43.37
Other Long-Term Liabilities	113.2	174.94	-	-	-
Total Liabilities	6,336	9,824	8,743	8,536	8,600
Common Stock	8,829	5,233	11,333	11,333	11,333
Additional Paid-In Capital	502.92	-	-	-	-
Retained Earnings	13.94	34.31	-4,927	-4,679	-3,557
Total Common Equity	9,346	5,267	6,406	6,655	7,777
Shareholders' Equity	9,346	5,267	6,406	6,655	7,777
Total Liabilities & Equity	15,682	15,091	15,150	15,191	16,377
Total Debt	4,623	8,108	6,989	6,322	6,239
Net Cash (Debt)	-4,150	-7,855	-6,809	-6,240	-5,998
Net Cash Per Share	-7.80	-15.01	-13.01	-11.93	-14.04
Filing Date Shares Outstanding	882.93	523.26	523.26	523.26	523.26
Total Common Shares Outstanding	882.93	523.26	523.26	523.26	523.26
Working Capital	133.93	-7,575	-6,777	-6,914	-3,945
Book Value Per Share	10.59	10.07	12.24	12.72	14.86
Tangible Book Value	9,343	5,264	6,403	6,651	7,772
Tangible Book Value Per Share	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

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