Below are the financial statements of NMDC Energy, 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 |
|---|---|---|
| Contract revenue | 14,440.11a | 7,940.57a |
| Direct costs | -12,643.37a | -6,795.19a |
| Gross profit | 1,796.74a | 1,145.38a |
| Other operating expenses | -272.84a | -199.88a |
| General and administrative expenses | -122.83a | -133.71a |
| Other income, net | 141.07a | -1.73a |
| Finance income | 117.45a | 91.28a |
| Finance costs | -61.9a | -76.24a |
| Foreign currency exchange losses, net | -18.54a | -21.63a |
| Share of results from equity accounted investees | 1.41a | 1.73a |
| Profit before tax | 1,580.56a | 805.21a |
| Income tax expense, net | -174.31a | -24.78a |
| Profit for the year | 1,406.25a | 780.42a |
| Non-controlling interests | -2.15a | -0.84a |
| Profit for the year - attributable to the shareholders of the company | 1,404.1a | 779.59a |
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