Etihad Etisalat Company 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	Jun '26 Jun 30, 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	2,878	3,162	1,400	1,641	827.73	1,051
Short-Term Investments	342.6	614.8	1,786	2,128	2,014	1,000
Cash & Short-Term Investments	3,221	3,776	3,186	3,769	2,841	2,051
Cash Growth	-6.96%	18.54%	-15.47%	32.66%	38.55%	66.79%
Accounts Receivable	5,759	5,226	5,171	4,482	4,338	5,232
Other Receivables	-	-	72.18	-	-	-
Receivables	5,759	5,226	5,243	4,482	4,338	5,232
Inventory	177.96	132.33	212.99	150.76	109.05	107.73
Prepaid Expenses	-	-	58.53	69.49	46.06	39.99
Restricted Cash	-	-	250.07	-	-	-
Other Current Assets	1,617	1,293	676.08	1,103	791.3	654.31
Total Current Assets	10,775	10,428	9,627	9,574	8,125	8,085
Property, Plant & Equipment	23,185	23,482	21,570	19,012	22,211	23,110
Long-Term Investments	125.04	118.87	56.48	11.15	9.47	38.41
Goodwill	-	1,467	1,467	1,467	1,467	1,467
Other Intangible Assets	8,052	6,825	5,531	8,579	6,141	6,444
Long-Term Accounts Receivable	76.01	96.79	89.96	103.4	80.13	71.01
Long-Term Deferred Charges	22.16	18.04	4.28	28.67	29.16	116.93
Other Long-Term Assets	28.68	19.25	300.66	116.11	115.81	32.33
Total Assets	42,263	42,455	38,646	38,891	38,178	39,364
Accounts Payable	4,299	1,796	1,783	1,731	1,564	3,030
Accrued Expenses	3,453	3,288	3,235	3,078	2,873	2,561
Current Portion of Long-Term Debt	673.45	529.16	459.59	1,611	1,313	1,211
Current Portion of Leases	1,251	1,151	1,213	1,179	1,010	927.51
Current Income Taxes Payable	81.03	122.82	117.01	187.01	152.56	127.21
Current Unearned Revenue	638.4	774.74	971.29	785.83	694.96	737.61
Other Current Liabilities	833.69	3,577	2,763	2,699	2,457	2,488
Total Current Liabilities	11,229	11,239	10,542	11,271	10,065	11,083
Long-Term Debt	4,787	5,196	5,725	6,700	8,310	9,624
Long-Term Leases	2,345	2,544	2,062	2,045	2,211	2,193
Long-Term Unearned Revenue	333.99	337.83	321.51	280.65	280.52	216.56
Pension & Post-Retirement Benefits	730.91	673.18	601.5	554.39	501.8	513.05
Other Long-Term Liabilities	1,966	2,138	517.99	418.16	450.97	538.68
Total Liabilities	21,392	22,128	19,770	21,268	21,820	24,168
Common Stock	7,700	7,700	7,700	7,700	7,700	7,700
Retained Earnings	13,263	12,733	11,198	9,896	8,568	7,533
Treasury Stock	-159.22	-159.22	-	-	-	-
Comprehensive Income & Other	67.6	54.3	-22.67	26.31	90.08	-36.99
Total Common Equity	20,871	20,328	18,875	17,623	16,359	15,196
Shareholders' Equity	20,871	20,328	18,875	17,623	16,359	15,196
Total Liabilities & Equity	42,263	42,455	38,646	38,891	38,178	39,364
Total Debt	9,057	9,420	9,460	11,534	12,845	13,955
Net Cash (Debt)	-5,836	-5,643	-6,274	-7,765	-10,004	-11,904
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.60	-7.33	-8.15	-10.08	-12.99	-15.46
Filing Date Shares Outstanding	767.5	767.5	770	770	770	770
Total Common Shares Outstanding	767.5	767.5	770	770	770	770
Working Capital	-453.96	-810.52	-915.47	-1,697	-1,939	-2,998
Book Value Per Share	27.19	26.49	24.51	22.89	21.24	19.74
Tangible Book Value	12,819	12,035	11,878	7,577	8,751	7,286
Tangible Book Value Per Share	16.70	15.68	15.43	9.84	11.36	9.46
Land	-	1,707	1,476	1,481	1,481	1,453
Machinery	-	56,916	52,867	50,879	54,102	52,387
Construction In Progress	-	330.98	712.75	284.98	168.11	59.55