Emirates Reem Investments Company P.J.S.C (DFM:ERC)

DFM:ERC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	131.28	207.74	234.17	270.49	15.66	15.73
Trading Asset Securities	28.31	20.91	33.34	47.65	18.4	-
Cash & Short-Term Investments	159.59	228.66	267.51	318.14	34.06	15.73
Cash Growth	-40.38%	-14.52%	-15.91%	834.13%	116.58%	0.54%
Accounts Receivable	128.5	90.71	23.01	6.7	5.29	3.59
Other Receivables	7.98	6.07	15.3	5.15	0.45	0.47
Receivables	136.48	96.78	38.31	11.85	5.74	4.05
Inventory	26.54	13.28	9.9	6.45	4.79	4.19
Prepaid Expenses	2.8	1.7	0.95	0.72	0.85	0.8
Other Current Assets	18.02	6.34	0.43	0.02	0.01	0.07
Total Current Assets	343.43	346.75	317.1	337.18	45.46	24.84
Property, Plant & Equipment	35.14	33.02	32.16	14.55	9.16	6.96
Long-Term Investments	1.66	1.14	1.21	1.11	1.01	0.72
Goodwill	12.8	12.8	5.3	-	-	-
Other Intangible Assets	12.17	13.65	4.17	-	-	-
Other Long-Term Assets	5.53	5.53	3.28	3.38	11.81	12.09
Total Assets	410.74	412.88	363.22	356.22	67.44	44.61
Accounts Payable	25.28	41.66	20.95	8.77	8.49	3.45
Accrued Expenses	9.65	3.9	2.24	1.54	1.64	1.87
Short-Term Debt	-	-	-	-	24.42	7.11
Current Portion of Long-Term Debt	0.57	0.42	-	-	-	-
Current Portion of Leases	0.88	1.11	1.25	1.43	2.09	1.86
Current Income Taxes Payable	1.45	1.38	-	-	-	-
Other Current Liabilities	3.51	8.48	0.13	0.07	0.09	3.88
Total Current Liabilities	41.34	56.95	24.57	11.8	36.74	18.17
Long-Term Debt	1.24	0.56	-	-	-	-
Long-Term Leases	2.18	2.53	3.51	6.19	7.86	5.45
Pension & Post-Retirement Benefits	2.8	2.54	1.9	1.72	1.72	2.02
Long-Term Deferred Tax Liabilities	0.92	1.01	0.38	-	-	-
Total Liabilities	48.48	63.6	30.35	19.71	46.31	25.64
Common Stock	319.87	319.87	319.87	319.87	30	30
Retained Earnings	34.55	22.11	12.18	15.91	-9.49	-11.36
Comprehensive Income & Other	1.27	0.74	0.82	0.72	0.62	0.33
Total Common Equity	355.69	342.72	332.87	336.5	21.13	18.97
Minority Interest	6.56	6.57	-	-	-	-
Shareholders' Equity	362.25	349.29	332.87	336.5	21.13	18.97
Total Liabilities & Equity	410.74	412.88	363.22	356.22	67.44	44.61
Total Debt	4.87	4.63	4.76	7.62	34.37	14.42
Net Cash (Debt)	154.72	224.02	262.75	310.51	-0.31	1.31
Net Cash Growth	-41.35%	-14.74%	-15.38%	-	-	28.63%
Net Cash Per Share	0.48	0.70	0.82	1.81	-0.01	0.04
Filing Date Shares Outstanding	319.87	319.87	319.87	319.87	30	30
Total Common Shares Outstanding	319.87	319.87	319.87	319.87	30	30
Working Capital	302.1	289.8	292.53	325.37	8.72	6.67
Book Value Per Share	1.11	1.07	1.04	1.05	0.70	0.63
Tangible Book Value	330.72	316.27	323.4	336.5	21.13	18.97
Tangible Book Value Per Share	1.03	0.99	1.01	1.05	0.70	0.63
Buildings	-	21.11	19.61	14.63	8.66	8.4
Machinery	-	58.03	54.54	60.07	63.98	64.25
Construction In Progress	-	0.22	0.06	0.09	0.48	0.18

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