APEX INVESTMENT

APEX INVESTMENT P.S.C

APEXStocksAbu Dhabi Securities ExchangeMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	591.07M	603.38M	600.85M	630.85M	670.23M
Cash & Short-Term Investments	1.04B	1.10B	1.16B	1.11B	1.21B
Receivables	0.44B	0.43B	0.41B	0.40B	0.39B
Inventory	123.90M	80.85M	82.43M	68.21M	59.83M
Current Assets	1.63B	1.74B	1.76B	1.67B	1.71B
PP&E	673.93M	378.85M	366.78M	351.90M	346.92M
Goodwill	3.27M	—	—	—	4.62M
Intangible Assets	213.10M	4.75M	4.76M	4.61M	—
Total Assets	2.57B	2.35B	2.34B	2.20B	2.24B
Liabilities
Accounts Payable	254.89M	252.81M	219.53M	122.17M	134.89M
Current Liabilities	467.70M	265.48M	239.27M	202.19M	217.13M
Short-Term Debt	—	—	—	—	—
Total Debt	27.11M	7.23M	7.44M	1.53M	1.51M
Total Liabilities	528.68M	286.02M	259.06M	216.30M	230.06M
Equity & Ownership
Retained Earnings	0.32B	0.34B	0.36B	0.26B	0.29B
Total Equity	2.04B	2.06B	2.08B	1.98B	2.01B
Net Debt	-1.02B	-1.09B	-1.15B	-1.11B	-1.20B
Shares Outstanding	3,553,195,467	3,553,195,467	3,553,195,467	3,553,195,467	3,553,195,467
Cash & Assets
Total Assets	2.57B	2.35B	2.34B	2.20B	2.24B
Total Current Assets	1.63B	1.74B	1.76B	1.67B	1.71B
Cash & Equivalents	591.07M	603.38M	600.85M	630.85M	670.23M
Cash & Short-Term Investments	1.04B	1.10B	1.16B	1.11B	1.21B
Net Cash (Debt)	1.02B	1.09B	1.15B	1.11B	1.20B
Net Cash Per Share	0.29	0.31	0.32	0.31	0.34
Cash Growth	-13.5%	-9.1%	+1.0%	-1.8%	+12.1%
Net Cash Growth	-15.6%	-9.6%	+0.9%	-1.7%	+14.5%
Accounts Receivable	0.42B	0.35B	0.33B	0.32B	0.31B
Other Receivables	12.47M	8.64M	7.40M	6.16M	6.60M
Receivables	0.44B	0.43B	0.41B	0.40B	0.39B
Inventory	123.90M	80.85M	82.43M	68.21M	59.83M
Prepaid Expenses	13.44M	15.97M	15.18M	8.82M	9.67M
Construction In Progress	181.40M	—	—	—	0.58M
Buildings	52.62M	—	—	—	37.30M
Machinery	1.09B	—	—	—	0.95B
Property, Plant & Equipment	673.93M	378.85M	366.78M	351.90M	346.92M
Goodwill	3.27M	—	—	—	4.62M
Other Intangible Assets	213.10M	4.75M	4.76M	4.61M	—
Other Current Assets	14.35M	113.13M	90.63M	78.53M	44.59M
Other Long-Term Assets	—	173.88M	165.50M	128.45M	130.37M
Long-Term Deferred Tax Assets	6.52M	2.46M	2.24M	2.12M	1.88M
Long-Term Leases	25.21M	5.95M	6.17M	1.52M	1.49M
Current Portion of Leases	1.90M	1.28M	1.28M	0.02M	0.02M
Loans & Investments
Trading Asset Securities	435.59M	480.38M	538.31M	463.57M	516.89M
Short-Term Investments	17.41M	17.03M	16.61M	16.56M	19.29M
Long-Term Investments	43.54M	43.46M	43.29M	42.24M	41.99M
Liabilities & Obligations
Total Liabilities	528.68M	286.02M	259.06M	216.30M	230.06M
Total Liabilities & Equity	2.57B	2.35B	2.34B	2.20B	2.24B
Total Current Liabilities	467.70M	265.48M	239.27M	202.19M	217.13M
Accounts Payable	254.89M	252.81M	219.53M	122.17M	134.89M
Accrued Expenses	107.47M	—	—	48.90M	58.27M
Current Income Taxes Payable	14.46M	11.38M	18.46M	15.59M	12.10M
Current Unearned Revenue	2.07M	—	—	2.07M	2.07M
Other Current Liabilities	86.92M	—	—	13.44M	9.80M
Pension & Post-Retirement Benefits	15.53M	14.13M	13.16M	12.14M	11.02M
Long-Term Deferred Tax Liabilities	20.24M	0.47M	0.47M	0.46M	0.42M
Debt & Funding
Short-Term Debt	—	—	—	—	—
Total Debt	27.11M	7.23M	7.44M	1.53M	1.51M
Current Portion of Long-Term Debt	—	—	—	—	—
Equity & Book Value
Shareholders' Equity	2.04B	2.06B	2.08B	1.98B	2.01B
Common Stock	3.55B	3.55B	3.55B	3.55B	3.55B
Retained Earnings	0.32B	0.34B	0.36B	0.26B	0.29B
Comprehensive Income & Other	-1.83B	-1.83B	-1.83B	-1.83B	-1.83B
Book Value Per Share	0.58	0.58	0.59	0.56	0.57
Tangible Book Value	1.83B	2.06B	2.08B	1.98B	2.00B
Tangible Book Value Per Share	0.51	0.58	0.58	0.56	0.56
Filing Date Shares Outstanding	3.55B	3.55B	3.55B	3.55B	3.55B
Total Common Shares Outstanding	3.55B	3.55B	3.55B	3.55B	3.55B
Working Capital	1.16B	1.48B	1.52B	1.47B	1.49B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	591.07M	603.38M	600.85M	630.85M	670.23M
Cash & Short-Term Investments	1.04B	1.10B	1.16B	1.11B	1.21B
Receivables	0.44B	0.43B	0.41B	0.40B	0.39B
Inventory	123.90M	80.85M	82.43M	68.21M	59.83M
Current Assets	1.63B	1.74B	1.76B	1.67B	1.71B
PP&E	673.93M	378.85M	366.78M	351.90M	346.92M
Goodwill	3.27M	—	—	—	4.62M
Intangible Assets	213.10M	4.75M	4.76M	4.61M	—
Total Assets	2.57B	2.35B	2.34B	2.20B	2.24B
Liabilities
Accounts Payable	254.89M	252.81M	219.53M	122.17M	134.89M
Current Liabilities	467.70M	265.48M	239.27M	202.19M	217.13M
Short-Term Debt	—	—	—	—	—
Total Debt	27.11M	7.23M	7.44M	1.53M	1.51M
Total Liabilities	528.68M	286.02M	259.06M	216.30M	230.06M
Equity & Ownership
Retained Earnings	0.32B	0.34B	0.36B	0.26B	0.29B
Total Equity	2.04B	2.06B	2.08B	1.98B	2.01B
Net Debt	-1.02B	-1.09B	-1.15B	-1.11B	-1.20B
Shares Outstanding	3,553,195,467	3,553,195,467	3,553,195,467	3,553,195,467	3,553,195,467
Cash & Assets
Total Assets	2.57B	2.35B	2.34B	2.20B	2.24B
Total Current Assets	1.63B	1.74B	1.76B	1.67B	1.71B
Cash & Equivalents	591.07M	603.38M	600.85M	630.85M	670.23M
Cash & Short-Term Investments	1.04B	1.10B	1.16B	1.11B	1.21B
Net Cash (Debt)	1.02B	1.09B	1.15B	1.11B	1.20B
Net Cash Per Share	0.29	0.31	0.32	0.31	0.34
Cash Growth	-13.5%	-9.1%	+1.0%	-1.8%	+12.1%
Net Cash Growth	-15.6%	-9.6%	+0.9%	-1.7%	+14.5%
Accounts Receivable	0.42B	0.35B	0.33B	0.32B	0.31B
Other Receivables	12.47M	8.64M	7.40M	6.16M	6.60M
Receivables	0.44B	0.43B	0.41B	0.40B	0.39B
Inventory	123.90M	80.85M	82.43M	68.21M	59.83M
Prepaid Expenses	13.44M	15.97M	15.18M	8.82M	9.67M
Construction In Progress	181.40M	—	—	—	0.58M
Buildings	52.62M	—	—	—	37.30M
Machinery	1.09B	—	—	—	0.95B
Property, Plant & Equipment	673.93M	378.85M	366.78M	351.90M	346.92M
Goodwill	3.27M	—	—	—	4.62M
Other Intangible Assets	213.10M	4.75M	4.76M	4.61M	—
Other Current Assets	14.35M	113.13M	90.63M	78.53M	44.59M
Other Long-Term Assets	—	173.88M	165.50M	128.45M	130.37M
Long-Term Deferred Tax Assets	6.52M	2.46M	2.24M	2.12M	1.88M
Long-Term Leases	25.21M	5.95M	6.17M	1.52M	1.49M
Current Portion of Leases	1.90M	1.28M	1.28M	0.02M	0.02M
Loans & Investments
Trading Asset Securities	435.59M	480.38M	538.31M	463.57M	516.89M
Short-Term Investments	17.41M	17.03M	16.61M	16.56M	19.29M
Long-Term Investments	43.54M	43.46M	43.29M	42.24M	41.99M
Liabilities & Obligations
Total Liabilities	528.68M	286.02M	259.06M	216.30M	230.06M
Total Liabilities & Equity	2.57B	2.35B	2.34B	2.20B	2.24B
Total Current Liabilities	467.70M	265.48M	239.27M	202.19M	217.13M
Accounts Payable	254.89M	252.81M	219.53M	122.17M	134.89M
Accrued Expenses	107.47M	—	—	48.90M	58.27M
Current Income Taxes Payable	14.46M	11.38M	18.46M	15.59M	12.10M
Current Unearned Revenue	2.07M	—	—	2.07M	2.07M
Other Current Liabilities	86.92M	—	—	13.44M	9.80M
Pension & Post-Retirement Benefits	15.53M	14.13M	13.16M	12.14M	11.02M
Long-Term Deferred Tax Liabilities	20.24M	0.47M	0.47M	0.46M	0.42M
Debt & Funding
Short-Term Debt	—	—	—	—	—
Total Debt	27.11M	7.23M	7.44M	1.53M	1.51M
Current Portion of Long-Term Debt	—	—	—	—	—
Equity & Book Value
Shareholders' Equity	2.04B	2.06B	2.08B	1.98B	2.01B
Common Stock	3.55B	3.55B	3.55B	3.55B	3.55B
Retained Earnings	0.32B	0.34B	0.36B	0.26B	0.29B
Comprehensive Income & Other	-1.83B	-1.83B	-1.83B	-1.83B	-1.83B
Book Value Per Share	0.58	0.58	0.59	0.56	0.57
Tangible Book Value	1.83B	2.06B	2.08B	1.98B	2.00B
Tangible Book Value Per Share	0.51	0.58	0.58	0.56	0.56
Filing Date Shares Outstanding	3.55B	3.55B	3.55B	3.55B	3.55B
Total Common Shares Outstanding	3.55B	3.55B	3.55B	3.55B	3.55B
Working Capital	1.16B	1.48B	1.52B	1.47B	1.49B