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	-	472.9	252.37	179.08	82.14	240.43
Cash & Short-Term Investments	472.9	472.9	252.37	179.08	82.14	240.43
Cash Growth	161.98%	87.39%	40.93%	118.01%	-65.84%	-12.97%
Accounts Receivable	-	643.82	639.34	727.77	513.51	1,040
Other Receivables	-	141.61	104.91	19.42	1.23	16.27
Receivables	-	785.43	744.24	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	-	181.15	139.44	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	9,346	5,267	6,406	6,655	7,777
Shareholders' Equity	9,346	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	4,623	8,108	6,989	6,322	6,239
Net Cash (Debt)	-4,150	-4,150	-7,855	-6,809	-6,240	-5,998
Net Cash Per Share	-6.60	-7.80	-15.01	-13.01	-11.93	-14.04
Filing Date Shares Outstanding	902.03	882.93	523.26	523.26	523.26	523.26
Total Common Shares Outstanding	902.03	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	10.59	10.07	12.24	12.72	14.86
Tangible Book Value	9,343	9,343	5,264	6,403	6,651	7,772
Tangible Book Value Per Share	10.58	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.