Delivering Robust Growth slide image

Delivering Robust Growth

Consolidated Results UAE Development International Development Emaar Malls Emaar Hospitality Historical Trend Revenues CAGR 10% Gross Profit CAGR 9% 12,836 27,896 25,535 23,699 24,926 11,503 18,417 17,716 15,084 13,098 قاتت 9,237 7,957 7,035 6,463 In AED Mn 12,587 11,592 2015 2016 2017 2018 2019 2020 2021 2022 2015 2016 2017 2018 2019 2020 2021 2022 EBITDA CAGR 9% 7,037 5,250 5,533 10,797 9,393 5,242 Net Profit (After Minority Interest) CAGR 9% 9,816 9,245 2015 2016 2017 2018 2019 2020 2021 2022 32 | EMAAR 6,143 6,078 4,955 4,268 3,811 3,801 2,109 6,832 2015 2016 2017 2018 2019 2020 2021 2022 Note: During the year management has re-evaluated its assessment of control over one of the hospitality entity and concluded that both the shareholders have joint control over the relevant business activities. Hence, the equity method of accounting is applied for such hospitality entity as per IAS 28, retrospectively and comparative numbers have been restated accordingly.
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