Abu Dhabi Aviation Co. Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	2,169	3,841	2,017
Short-Term Investments	1,793	1,625	976.98
Trading Asset Securities	-	564.81	-
Cash & Short-Term Investments	3,962	6,031	2,994
Cash Growth	-6.72%	101.46%	-
Accounts Receivable	4,709	5,001	5,693
Other Receivables	75.74	69.65	64.5
Receivables	4,785	5,071	5,757
Inventory	1,212	1,095	432.36
Prepaid Expenses	118.49	68.99	9.76
Restricted Cash	-	52.7	-
Other Current Assets	191.85	139.26	88.07
Total Current Assets	10,270	12,458	9,281
Property, Plant & Equipment	2,682	2,466	1,363
Long-Term Investments	2,121	872.16	-
Other Intangible Assets	35.53	13.98	12.4
Long-Term Deferred Tax Assets	1.87	0.69	-
Other Long-Term Assets	368.16	356.9	3.64
Total Assets	15,478	16,167	10,660
Accounts Payable	353.49	221.91	142.91
Accrued Expenses	3,735	4,560	3,784
Current Portion of Long-Term Debt	688.84	808.07	489.54
Current Portion of Leases	54.67	39.36	106.09
Current Income Taxes Payable	56.35	67.35	-
Current Unearned Revenue	5.62	5.62	-
Other Current Liabilities	222.36	374.72	592.63
Total Current Liabilities	5,168	6,077	5,115
Long-Term Debt	272.73	212.02	-
Long-Term Leases	812.58	799.04	806.83
Long-Term Unearned Revenue	37.95	42.16	-
Pension & Post-Retirement Benefits	498.8	472.45	319.51
Long-Term Deferred Tax Liabilities	2.8	3.49	-
Total Liabilities	6,793	7,606	6,242
Common Stock	1,097	1,097	1,735
Additional Paid-In Capital	3,837	3,837	347.77
Retained Earnings	2,201	1,964	2,024
Comprehensive Income & Other	400.85	396.59	311.89
Total Common Equity	7,536	7,295	4,419
Minority Interest	1,149	1,267	-
Shareholders' Equity	8,685	8,561	4,419
Total Liabilities & Equity	15,478	16,167	10,660
Total Debt	1,881	1,858	1,402
Net Cash (Debt)	2,082	4,172	1,591
Net Cash Growth	-12.79%	162.22%	-
Net Cash Per Share	1.90	4.39	2.44
Filing Date Shares Outstanding	1,097	1,097	652
Total Common Shares Outstanding	1,097	1,097	652
Working Capital	5,102	6,381	4,166
Book Value Per Share	6.87	6.65	6.78
Tangible Book Value	7,501	7,281	4,406
Tangible Book Value Per Share	6.84	6.64	6.76
Buildings	-	747.39	629.77
Machinery	-	1,547	684.44
Construction In Progress	-	234.16	66.6
Leasehold Improvements	-	11.29	14.02

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.