Etihad Etisalat Company 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	-	1,400	1,641	827.73	1,051
Short-Term Investments	-	1,786	2,128	2,014	1,000
Cash & Short-Term Investments	3,106	3,186	3,769	2,841	2,051
Cash Growth	-2.50%	-15.47%	32.66%	38.55%	66.79%
Receivables	-	5,040	4,482	4,338	5,232
Inventory	-	212.99	150.76	109.05	107.73
Prepaid Expenses	-	58.53	69.49	46.06	39.99
Other Current Assets	-	998.33	1,103	791.3	654.31
Total Current Assets	-	9,496	9,574	8,125	8,085
Property, Plant & Equipment	-	18,851	19,012	22,211	23,110
Long-Term Investments	-	52.42	11.15	9.47	38.41
Goodwill	-	1,467	1,467	1,467	1,467
Other Intangible Assets	-	8,250	8,579	6,141	6,444
Long-Term Accounts Receivable	-	89.96	103.4	80.13	71.01
Long-Term Deferred Charges	-	4.28	28.67	29.16	116.93
Other Long-Term Assets	-	304.72	116.11	115.81	32.33
Total Assets	-	38,515	38,891	38,178	39,364
Accounts Payable	-	1,783	1,731	1,564	3,030
Accrued Expenses	-	3,282	3,078	2,873	2,561
Current Portion of Long-Term Debt	-	459.59	1,611	1,313	1,211
Current Portion of Leases	-	1,213	1,179	1,010	927.51
Current Income Taxes Payable	-	117.01	187.01	152.56	127.21
Current Unearned Revenue	-	831.15	785.83	694.96	737.61
Other Current Liabilities	-	2,726	2,699	2,457	2,488
Total Current Liabilities	-	10,412	11,271	10,065	11,083
Long-Term Debt	-	5,725	6,700	8,310	9,624
Long-Term Leases	-	2,062	2,045	2,211	2,193
Long-Term Unearned Revenue	-	321.51	280.65	280.52	216.56
Pension & Post-Retirement Benefits	-	601.5	554.39	501.8	513.05
Other Long-Term Liabilities	-	517.99	418.16	450.97	538.68
Total Liabilities	-	19,640	21,268	21,820	24,168
Common Stock	-	7,700	7,700	7,700	7,700
Retained Earnings	-	11,198	9,896	8,568	7,533
Comprehensive Income & Other	-	-22.67	26.31	90.08	-36.99
Total Common Equity	19,285	18,875	17,623	16,359	15,196
Shareholders' Equity	19,285	18,875	17,623	16,359	15,196
Total Liabilities & Equity	-	38,515	38,891	38,178	39,364
Total Debt	9,347	9,460	11,534	12,845	13,955
Net Cash (Debt)	-6,240	-6,274	-7,765	-10,004	-11,904
Net Cash Per Share	-8.12	-8.15	-10.08	-12.99	-15.46
Filing Date Shares Outstanding	765.7	770	770	770	770
Total Common Shares Outstanding	770	770	770	770	770
Working Capital	-	-915.47	-1,697	-1,939	-2,998
Book Value Per Share	25.05	24.51	22.89	21.24	19.74
Tangible Book Value	10,896	9,159	7,577	8,751	7,286
Tangible Book Value Per Share	14.15	11.89	9.84	11.36	9.46
Land	-	1,476	1,481	1,481	1,453
Machinery	-	52,867	50,879	54,102	52,387
Construction In Progress	-	712.75	284.98	168.11	59.55

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.