ADX:NCTH 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	770.53	166.52	119.42
Short-Term Investments	-	266.99	239.08
Trading Asset Securities	42.26	24.33	26.13
Cash & Short-Term Investments	812.79	457.83	384.63
Cash Growth	-	19.03%	-
Accounts Receivable	284.37	100.55	108.42
Other Receivables	149.95	15.65	22.11
Receivables	434.32	120.7	135.52
Inventory	44.31	21.09	22.75
Prepaid Expenses	95.44	30.38	34.87
Total Current Assets	1,441	630	577.77
Property, Plant & Equipment	3,766	1,959	1,982
Long-Term Investments	308.69	318.05	288.57
Total Assets	6,439	2,907	2,848
Accounts Payable	178.24	107.23	100.12
Accrued Expenses	143.66	36.61	35.32
Current Portion of Long-Term Debt	382.11	49.97	35.68
Current Portion of Leases	3.46	0.06	0.06
Current Income Taxes Payable	47.47	5.95	-
Current Unearned Revenue	87.32	8.42	6.4
Other Current Liabilities	119.74	16.48	35.72
Total Current Liabilities	961.99	224.73	213.31
Long-Term Debt	502.82	317.42	350.75
Long-Term Leases	42.7	0.21	0.25
Total Liabilities	1,579	577.17	595.03
Common Stock	2,177	899.03	899.03
Retained Earnings	1,108	267.75	190.89
Comprehensive Income & Other	-404.95	1,163	1,163
Shareholders' Equity	4,860	2,330	2,253
Total Liabilities & Equity	6,439	2,907	2,848
Total Debt	931.09	367.66	386.74
Net Cash (Debt)	-118.3	90.17	-2.12
Net Cash Per Share	-0.09	0.10	-0.00
Filing Date Shares Outstanding	2,177	899.03	899.03
Total Common Shares Outstanding	2,177	899.03	899.03
Working Capital	479.08	405.27	364.47
Book Value Per Share	2.23	2.59	2.51
Tangible Book Value	4,254	2,330	2,253
Tangible Book Value Per Share	1.95	2.59	2.51
Land	-	1,163	1,163
Buildings	-	1,035	1,035
Machinery	-	652.08	637.32
Construction In Progress	-	0.92	1.01

Source: S&P Capital IQ. Standard template. Financial Sources.