National Central Cooling Company PJSC (DFM:TABREED)

DFM:TABREED 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	665.64	1,023	1,510	1,773	1,197	1,313
Short-Term Investments	-	121.12	102.37	108.91	97.68	96.15
Accounts Receivable	1,145	755.06	749.29	834.34	882.05	1,094
Inventory	82.58	74.2	69.69	60.03	50.84	42.42
Prepaid Expenses	-	20.59	17.03	15.18	14.33	12.45
Other Current Assets	1,190	56.88	181.95	274.33	20.54	341.06
Total Current Assets	3,083	2,051	2,630	3,066	2,263	2,899
Property, Plant & Equipment	5,029	5,009	5,001	5,198	5,225	4,902
Goodwill	-	319.21	319.21	319.21	347.73	107.45
Other Intangible Assets	3,906	3,662	3,730	3,833	3,937	2,253
Long-Term Investments	635.39	631.96	636.7	457.29	372.79	358.26
Long-Term Accounts Receivable	2,352	2,445	2,523	2,578	2,689	2,793
Total Assets	15,005	14,118	14,840	15,451	14,833	13,313
Accounts Payable	783.95	86.68	80.72	61.12	54.17	47.68
Accrued Expenses	-	289.98	347.81	257.17	322.97	218.41
Current Portion of Long-Term Debt	1,837	3,498	61.04	45.7	59.67	51.82
Current Unearned Revenue	-	43.11	81.17	103.67	100.78	104.04
Current Portion of Leases	48.53	51.91	53.05	46.32	46.69	44.8
Current Income Taxes Payable	47.95	63.91	-	-	-	-
Other Current Liabilities	184.73	281.6	275.84	304.64	274.62	195.26
Total Current Liabilities	2,902	4,316	899.62	818.62	858.89	662
Long-Term Debt	4,517	1,957	6,148	7,046	7,071	6,403
Long-Term Leases	144.97	139.94	177	170.49	200.58	219.6
Long-Term Unearned Revenue	-	318.03	255.11	207.99	204.99	110.99
Pension & Post-Retirement Benefits	53.07	50.18	45.26	42.71	41.29	36.49
Long-Term Deferred Tax Liabilities	352.95	360.94	358.8	-	-	-
Other Long-Term Liabilities	339.17	13.56	13.56	10.57	10.07	5.74
Total Liabilities	8,309	7,156	7,897	8,297	8,387	7,438
Common Stock	2,845	2,845	2,845	2,845	2,776	2,716
Retained Earnings	3,251	3,457	3,328	3,280	2,917	2,547
Treasury Stock	-3.31	-3.31	-3.3	-3.3	-3.22	-2.02
Comprehensive Income & Other	5.01	44.86	148.03	352.64	56.69	-95.56
Total Common Equity	6,098	6,344	6,318	6,475	5,746	5,165
Minority Interest	597.57	618.31	625.72	679.27	700.25	710.29
Shareholders' Equity	6,696	6,962	6,943	7,154	6,446	5,875
Total Liabilities & Equity	15,005	14,118	14,840	15,451	14,833	13,313
Total Debt	6,547	5,648	6,439	7,309	7,378	6,719
Net Cash (Debt)	-5,882	-4,504	-4,826	-5,427	-6,083	-5,310
Net Cash Per Share	-2.07	-1.58	-1.70	-1.91	-2.14	-1.87
Filing Date Shares Outstanding	2,842	2,842	2,842	2,842	2,842	2,836
Total Common Shares Outstanding	2,842	2,842	2,842	2,842	2,842	2,836
Working Capital	181.42	-2,265	1,731	2,247	1,404	2,237
Book Value Per Share	2.15	2.23	2.22	2.28	2.02	1.82
Tangible Book Value	2,192	2,362	2,268	2,323	1,462	2,805
Tangible Book Value Per Share	0.77	0.83	0.80	0.82	0.51	0.99
Land	-	4,446	4,320	4,330	4,272	3,799
Machinery	-	2,288	2,233	2,346	2,273	2,182
Construction In Progress	-	306.58	258.28	252.04	201.66	299.49

Source: S&P Global Market Intelligence. Utility template. Financial Sources.