ETIHAD ETISALAT

Etihad Etisalat Co.

7020StocksTadawulTelecommunications

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	3.16B	1.40B	1.64B	0.83B	1.05B
Cash & Short-Term Investments	3.78B	3.19B	3.77B	2.84B	2.05B
Receivables	5.23B	5.24B	4.48B	4.34B	5.23B
Inventory	132.33M	212.99M	150.76M	109.05M	107.73M
Current Assets	10.43B	9.63B	9.57B	8.13B	8.08B
PP&E	23.48B	21.57B	19.01B	22.21B	23.11B
Goodwill	1.47B	1.47B	1.47B	1.47B	1.47B
Intangible Assets	6.83B	5.53B	8.58B	6.14B	6.44B
Total Assets	42.46B	38.65B	38.89B	38.18B	39.36B
Liabilities
Accounts Payable	1.80B	1.78B	1.73B	1.56B	3.03B
Current Liabilities	11.24B	10.54B	11.27B	10.06B	11.08B
Long-Term Debt	5.20B	5.73B	6.70B	8.31B	9.62B
Total Debt	9.42B	9.46B	11.53B	12.84B	13.95B
Total Liabilities	22.13B	19.77B	21.27B	21.82B	24.17B
Equity & Ownership
Retained Earnings	12.73B	11.20B	9.90B	8.57B	7.53B
Total Equity	20.33B	18.88B	17.62B	16.36B	15.20B
Net Debt	5.64B	6.27B	7.77B	10.00B	11.90B
Shares Outstanding	767,500,000	770,000,000	770,000,000	770,000,000	770,000,000
Cash & Assets
Total Assets	42.46B	38.65B	38.89B	38.18B	39.36B
Total Current Assets	10.43B	9.63B	9.57B	8.13B	8.08B
Cash & Equivalents	3.16B	1.40B	1.64B	0.83B	1.05B
Cash & Short-Term Investments	3.78B	3.19B	3.77B	2.84B	2.05B
Net Cash (Debt)	-5.64B	-6.27B	-7.77B	-10.00B	-11.90B
Net Cash Per Share	-7.33	-8.15	-10.08	-12.99	-15.46
Cash Growth	+18.5%	-15.5%	+32.7%	+38.6%	+66.8%
Accounts Receivable	5.23B	5.17B	4.48B	4.34B	5.23B
Other Receivables	—	72.18M	—	—	—
Receivables	5.23B	5.24B	4.48B	4.34B	5.23B
Inventory	132.33M	212.99M	150.76M	109.05M	107.73M
Prepaid Expenses	—	58.53M	69.49M	46.06M	39.99M
Restricted Cash	—	250.07M	—	—	—
Construction In Progress	330.98M	712.75M	284.98M	168.11M	59.55M
Land	1.71B	1.48B	1.48B	1.48B	1.45B
Machinery	56.92B	52.87B	50.88B	54.10B	52.39B
Property, Plant & Equipment	23.48B	21.57B	19.01B	22.21B	23.11B
Goodwill	1.47B	1.47B	1.47B	1.47B	1.47B
Other Intangible Assets	6.83B	5.53B	8.58B	6.14B	6.44B
Other Current Assets	1.29B	0.68B	1.10B	0.79B	0.65B
Other Long-Term Assets	19.25M	300.66M	116.11M	115.81M	32.33M
Long-Term Accounts Receivable	96.79M	89.96M	103.40M	80.13M	71.01M
Long-Term Leases	2.54B	2.06B	2.04B	2.21B	2.19B
Current Portion of Leases	1.15B	1.21B	1.18B	1.01B	0.93B
Long-Term Deferred Charges	18.04M	4.28M	28.67M	29.16M	116.93M
Loans & Investments
Short-Term Investments	0.61B	1.79B	2.13B	2.01B	1.00B
Long-Term Investments	118.87M	56.48M	11.15M	9.47M	38.41M
Liabilities & Obligations
Total Liabilities	22.13B	19.77B	21.27B	21.82B	24.17B
Total Liabilities & Equity	42.46B	38.65B	38.89B	38.18B	39.36B
Total Current Liabilities	11.24B	10.54B	11.27B	10.06B	11.08B
Accounts Payable	1.80B	1.78B	1.73B	1.56B	3.03B
Accrued Expenses	3.29B	3.24B	3.08B	2.87B	2.56B
Current Income Taxes Payable	122.82M	117.01M	187.01M	152.56M	127.21M
Current Unearned Revenue	774.74M	971.29M	785.83M	694.96M	737.61M
Long-Term Unearned Revenue	337.83M	321.51M	280.65M	280.52M	216.56M
Other Current Liabilities	3.58B	2.76B	2.70B	2.46B	2.49B
Pension & Post-Retirement Benefits	673.18M	601.50M	554.39M	501.80M	513.05M
Other Long-Term Liabilities	2.14B	0.52B	0.42B	0.45B	0.54B
Debt & Funding
Long-Term Debt	5.20B	5.73B	6.70B	8.31B	9.62B
Total Debt	9.42B	9.46B	11.53B	12.84B	13.95B
Current Portion of Long-Term Debt	0.53B	0.46B	1.61B	1.31B	1.21B
Equity & Book Value
Shareholders' Equity	20.33B	18.88B	17.62B	16.36B	15.20B
Total Common Equity	20.33B	18.88B	17.62B	16.36B	15.20B
Common Stock	7.70B	7.70B	7.70B	7.70B	7.70B
Retained Earnings	12.73B	11.20B	9.90B	8.57B	7.53B
Treasury Stock	-159.22M	—	—	—	—
Comprehensive Income & Other	54.30M	-22.67M	26.31M	90.08M	-36.99M
Book Value Per Share	26.49	24.51	22.89	21.24	19.74
Tangible Book Value	12.04B	11.88B	7.58B	8.75B	7.29B
Tangible Book Value Per Share	15.68	15.43	9.84	11.36	9.46
Filing Date Shares Outstanding	767.50M	770.00M	770.00M	770.00M	770.00M
Total Common Shares Outstanding	767.50M	770.00M	770.00M	770.00M	770.00M
Working Capital	-0.81B	-0.92B	-1.70B	-1.94B	-3.00B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	3.16B	1.40B	1.64B	0.83B	1.05B
Cash & Short-Term Investments	3.78B	3.19B	3.77B	2.84B	2.05B
Receivables	5.23B	5.24B	4.48B	4.34B	5.23B
Inventory	132.33M	212.99M	150.76M	109.05M	107.73M
Current Assets	10.43B	9.63B	9.57B	8.13B	8.08B
PP&E	23.48B	21.57B	19.01B	22.21B	23.11B
Goodwill	1.47B	1.47B	1.47B	1.47B	1.47B
Intangible Assets	6.83B	5.53B	8.58B	6.14B	6.44B
Total Assets	42.46B	38.65B	38.89B	38.18B	39.36B
Liabilities
Accounts Payable	1.80B	1.78B	1.73B	1.56B	3.03B
Current Liabilities	11.24B	10.54B	11.27B	10.06B	11.08B
Long-Term Debt	5.20B	5.73B	6.70B	8.31B	9.62B
Total Debt	9.42B	9.46B	11.53B	12.84B	13.95B
Total Liabilities	22.13B	19.77B	21.27B	21.82B	24.17B
Equity & Ownership
Retained Earnings	12.73B	11.20B	9.90B	8.57B	7.53B
Total Equity	20.33B	18.88B	17.62B	16.36B	15.20B
Net Debt	5.64B	6.27B	7.77B	10.00B	11.90B
Shares Outstanding	767,500,000	770,000,000	770,000,000	770,000,000	770,000,000
Cash & Assets
Total Assets	42.46B	38.65B	38.89B	38.18B	39.36B
Total Current Assets	10.43B	9.63B	9.57B	8.13B	8.08B
Cash & Equivalents	3.16B	1.40B	1.64B	0.83B	1.05B
Cash & Short-Term Investments	3.78B	3.19B	3.77B	2.84B	2.05B
Net Cash (Debt)	-5.64B	-6.27B	-7.77B	-10.00B	-11.90B
Net Cash Per Share	-7.33	-8.15	-10.08	-12.99	-15.46
Cash Growth	+18.5%	-15.5%	+32.7%	+38.6%	+66.8%
Accounts Receivable	5.23B	5.17B	4.48B	4.34B	5.23B
Other Receivables	—	72.18M	—	—	—
Receivables	5.23B	5.24B	4.48B	4.34B	5.23B
Inventory	132.33M	212.99M	150.76M	109.05M	107.73M
Prepaid Expenses	—	58.53M	69.49M	46.06M	39.99M
Restricted Cash	—	250.07M	—	—	—
Construction In Progress	330.98M	712.75M	284.98M	168.11M	59.55M
Land	1.71B	1.48B	1.48B	1.48B	1.45B
Machinery	56.92B	52.87B	50.88B	54.10B	52.39B
Property, Plant & Equipment	23.48B	21.57B	19.01B	22.21B	23.11B
Goodwill	1.47B	1.47B	1.47B	1.47B	1.47B
Other Intangible Assets	6.83B	5.53B	8.58B	6.14B	6.44B
Other Current Assets	1.29B	0.68B	1.10B	0.79B	0.65B
Other Long-Term Assets	19.25M	300.66M	116.11M	115.81M	32.33M
Long-Term Accounts Receivable	96.79M	89.96M	103.40M	80.13M	71.01M
Long-Term Leases	2.54B	2.06B	2.04B	2.21B	2.19B
Current Portion of Leases	1.15B	1.21B	1.18B	1.01B	0.93B
Long-Term Deferred Charges	18.04M	4.28M	28.67M	29.16M	116.93M
Loans & Investments
Short-Term Investments	0.61B	1.79B	2.13B	2.01B	1.00B
Long-Term Investments	118.87M	56.48M	11.15M	9.47M	38.41M
Liabilities & Obligations
Total Liabilities	22.13B	19.77B	21.27B	21.82B	24.17B
Total Liabilities & Equity	42.46B	38.65B	38.89B	38.18B	39.36B
Total Current Liabilities	11.24B	10.54B	11.27B	10.06B	11.08B
Accounts Payable	1.80B	1.78B	1.73B	1.56B	3.03B
Accrued Expenses	3.29B	3.24B	3.08B	2.87B	2.56B
Current Income Taxes Payable	122.82M	117.01M	187.01M	152.56M	127.21M
Current Unearned Revenue	774.74M	971.29M	785.83M	694.96M	737.61M
Long-Term Unearned Revenue	337.83M	321.51M	280.65M	280.52M	216.56M
Other Current Liabilities	3.58B	2.76B	2.70B	2.46B	2.49B
Pension & Post-Retirement Benefits	673.18M	601.50M	554.39M	501.80M	513.05M
Other Long-Term Liabilities	2.14B	0.52B	0.42B	0.45B	0.54B
Debt & Funding
Long-Term Debt	5.20B	5.73B	6.70B	8.31B	9.62B
Total Debt	9.42B	9.46B	11.53B	12.84B	13.95B
Current Portion of Long-Term Debt	0.53B	0.46B	1.61B	1.31B	1.21B
Equity & Book Value
Shareholders' Equity	20.33B	18.88B	17.62B	16.36B	15.20B
Total Common Equity	20.33B	18.88B	17.62B	16.36B	15.20B
Common Stock	7.70B	7.70B	7.70B	7.70B	7.70B
Retained Earnings	12.73B	11.20B	9.90B	8.57B	7.53B
Treasury Stock	-159.22M	—	—	—	—
Comprehensive Income & Other	54.30M	-22.67M	26.31M	90.08M	-36.99M
Book Value Per Share	26.49	24.51	22.89	21.24	19.74
Tangible Book Value	12.04B	11.88B	7.58B	8.75B	7.29B
Tangible Book Value Per Share	15.68	15.43	9.84	11.36	9.46
Filing Date Shares Outstanding	767.50M	770.00M	770.00M	770.00M	770.00M
Total Common Shares Outstanding	767.50M	770.00M	770.00M	770.00M	770.00M
Working Capital	-0.81B	-0.92B	-1.70B	-1.94B	-3.00B