Below are the financial statements of Emirates Telecommunications Group, 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 billions of AED | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 |
|---|---|---|
| Revenue | 59.2a | 53.75a |
| Operating expenses | -39.48a | -34.37a |
| Impairment loss on trade receivables and contract assets | -0.84a | -0.9a |
| Impairment loss on other assets - net | -1.3a | -0.08a |
| Share of results of associates and joint ventures | 2.48a | 0.76a |
| Federal royalty | 0a | -3.29a |
| Operating profit | 20.06a | 15.87a |
| Finance and other income | 2.73a | 3.79a |
| Finance and other costs | -5.21a | -3.93a |
| Profit before federal royalty and corporate tax | 17.58a | 15.74a |
| Federal royalty | -5.28a | -3.04a |
| Corporate tax expenses | -1.72a | -1.55a |
| Profit for the year | 10.58a | 11.14a |
| Profit attributable to | — | — |
| Owners of the Company | 10.75a | 10.3a |
| Non-controlling interests | -0.17a | 0.84a |
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