Abu Dhabi National Energy Company PJSC

ADX-TAQA

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues	6,057	23,985	45,294	50,051	51,717	52,243
Total Revenues % Chg.	—	296%	88.8%	10.5%	3.3%	1.9%
Cost of Goods Sold, Total	693	12,645	23,901	27,494	29,973	29,987
Gross Profit	5,364	11,340	21,393	22,557	21,744	22,256
Selling General & Admin Expenses, Total	455	1,294	2,254	2,134	2,334	2,424
Exploration / Drilling Costs, Total	—	21	—	—	—	—
Depreciation & Amortization	1,811	5,617	11,111	9,473	9,212	9,613
Other Operating Expenses	—	228	—	—	—	—
Other Operating Expenses, Total	2,266	7,160	13,365	11,607	11,546	12,037
Operating Income	3,098	4,180	8,028	10,950	10,198	10,219
Interest Expense, Total	-1	-1,353	-3,070	-2,966	-2,872	-2,943
Interest And Investment Income	—	31	123	172	796	1,195
Net Interest Expenses	-1	-1,322	-2,947	-2,794	-2,076	-1,748
Income (Loss) On Equity Invest.	—	55	313	321	191	186
Currency Exchange Gains (Loss)	—	73	-79	-169	-55	37
Other Non Operating Income (Expenses)	85	214	860	-44	378	429
EBT, Excl. Unusual Items	3,182	3,200	6,175	8,264	8,636	9,123
Gain (Loss) On Sale Of Investments	—	—	—	—	10,784	—
Gain (Loss) On Sale Of Assets	—	-11	256	128	11	11
Other Unusual Items	—	570	—	—	—	—
EBT, Incl. Unusual Items	3,182	3,759	6,431	8,392	19,431	9,134
Income Tax Expense	—	-258	682	1,013	2,629	1,411
Earnings From Continuing Operations	3,182	4,017	5,749	7,379	16,802	7,723
Earnings Of Discontinued Operations	—	—	246	744	18	27
Minority Interest	—	-209	-35	-93	-173	-273
Net Income	3,182	3,808	5,960	8,030	16,647	7,477
Net Income to Common Incl Extra Items	3,182	3,808	5,960	8,030	16,647	7,477
Net Income to Common Excl. Extra Items	3,182	3,808	5,714	7,286	16,629	7,450
Total Shares Outstanding	86,025	112,434.3	112,434.3	112,434.3	112,434	112,434.3
Weighted Avg. Shares Outstanding	83,475	97,955	112,434	112,434	112,434	112,434
Weighted Avg. Shares Outstanding Dil	83,475	97,955	112,434	112,434	112,434	112,434
EPS	0	0	0.1	0.1	0.1	0.1
EPS Diluted	0	0	0.1	0.1	0.1	0.1
EBITDA	4,902	9,881	19,139	20,423	19,410	19,835
Effective Tax Rate	—	-6.9%	10.6%	12.1%	13.5%	15.4%