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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,168	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	929.82	755.06	749.29	834.34	882.05	1,094
Inventory	77.55	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	-	56.88	181.95	274.33	20.54	341.06
Total Current Assets	2,176	2,051	2,630	3,066	2,263	2,899
Property, Plant & Equipment	4,991	5,009	5,001	5,198	5,225	4,902
Goodwill	-	319.21	319.21	319.21	347.73	107.45
Other Intangible Assets	3,954	3,662	3,730	3,833	3,937	2,253
Long-Term Investments	625.77	631.96	636.7	457.29	372.79	358.26
Long-Term Accounts Receivable	2,412	2,445	2,523	2,578	2,689	2,793
Total Assets	14,168	14,118	14,840	15,451	14,833	13,313
Accounts Payable	670.2	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	951.88	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	51.47	51.91	53.05	46.32	46.69	44.8
Current Income Taxes Payable	77.17	63.91	-	-	-	-
Other Current Liabilities	440.58	281.6	275.84	304.64	274.62	195.26
Total Current Liabilities	2,191	4,316	899.62	818.62	858.89	662
Long-Term Debt	4,516	1,957	6,148	7,046	7,071	6,403
Long-Term Leases	130.91	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	51.06	50.18	45.26	42.71	41.29	36.49
Long-Term Deferred Tax Liabilities	357.22	360.94	358.8	-	-	-
Other Long-Term Liabilities	331.14	13.56	13.56	10.57	10.07	5.74
Total Liabilities	7,577	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	3,132	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	16.61	44.86	148.03	352.64	56.69	-95.56
Total Common Equity	5,990	6,344	6,318	6,475	5,746	5,165
Minority Interest	600.39	618.31	625.72	679.27	700.25	710.29
Shareholders' Equity	6,591	6,962	6,943	7,154	6,446	5,875
Total Liabilities & Equity	14,168	14,118	14,840	15,451	14,833	13,313
Total Debt	5,650	5,648	6,439	7,309	7,378	6,719
Net Cash (Debt)	-4,482	-4,504	-4,826	-5,427	-6,083	-5,310
Net Cash Per Share	-1.59	-1.58	-1.70	-1.91	-2.14	-1.87
Filing Date Shares Outstanding	2,815	2,842	2,842	2,842	2,842	2,836
Total Common Shares Outstanding	2,815	2,842	2,842	2,842	2,842	2,836
Working Capital	-15.6	-2,265	1,731	2,247	1,404	2,237
Book Value Per Share	2.13	2.23	2.22	2.28	2.02	1.82
Tangible Book Value	2,036	2,362	2,268	2,323	1,462	2,805
Tangible Book Value Per Share	0.72	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.