Below are the financial statements of International Holding, 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 | 2023 |
|---|---|---|
| Revenue | 92,657.93a | 60,089.44a |
| Cost of revenue | -71,483.16a | -47,049.42a |
| Gross profit | 21,174.77a | 13,040.02a |
| General and administrative expenses | -8,108.39a | -6,099.83a |
| Selling and distribution expenses | -1,130.45a | -521.17a |
| Investment and other income | 7,978.55a | 6,762.14a |
| Share of profit from investment in associates and joint ventures | 1,633.73a | 13,233.22a |
| Fair value gain on revaluation of previously held equity interest | 461.51a | 318.7a |
| Gain on disposal of investment in associates and joint ventures | 17.67a | 493.11a |
| Gain on acquisition of subsidiaries | 6,067.06a | 3a |
| Gain on derecognition of subsidiaries | 2,653.78a | 8,858.36a |
| Finance costs | -4,073.92a | -2,277.37a |
| Profit before tax | 26,674.3a | 33,810.18a |
| Taxation | -972.92a | -855.93a |
| Profit for the year | 25,701.38a | 32,954.25a |
| Attributable to | — | — |
| Owners of the company | 15,765.85a | 27,523.1a |
| Non-controlling interests | 9,935.53a | 5,431.15a |
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