Below are the financial statements of Emirates Central Cooling Systems, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of AED | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 |
|---|---|---|
| Revenue | 3,260.49a | 3,035.2a |
| Interest income on financial asset at amortised cost | 59.15a | 38.71a |
| Cost of sales | -1,917.5a | -1,740.88a |
| Gross profit | 1,402.14a | 1,333.04a |
| General and administrative expenses | -235.12a | -220.29a |
| Reversal for expected credit losses | 17.48a | 0a |
| Other income | 7.94a | 7.12a |
| Operating profit | 1,192.44a | 1,119.87a |
| Finance income | 54.03a | 43.59a |
| Finance costs | -248.14a | -220.83a |
| Finance costs-net | -194.11a | -177.24a |
| Profit before tax | 998.33a | 942.63a |
| Income tax | -90.1a | -17.45a |
| Profit after tax | 908.24a | 960.09a |
| Profit attributable to | — | — |
| Equity holders of the company | 896.75a | 952.93a |
| Non-controlling interests | 11.48a | 7.16a |
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