ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Interim condensed consolidated statement of financial position as at 30 September 2024 30 September 2024 31 December 2023 (unaudited) (audited) Note AED’000 AED’000 Assets Non-current assets Property, plant and equipment 5 7,343,193 7,189,661 Right-of-use assets 10 1,701,882 1,778,418 Goodwill and intangible assets 6 996,720 1,053,811 Advances to contractors 60,259 38,466 Deferred tax assets 351 2,166 Other non-current assets 15,138 15,551 Total non-current assets 10,117,543 10,078,073 Current assets Inventories 7 1,500,691 1,294,423 Trade receivables and other current assets 8 3,515,235 3,519,413 Due from related parties 9 1,048,822 805,558 Term deposits 11 200,225 200,225 Cash and bank balances 11 3,226,302 2,993,937 Total current assets 9,491,275 8,813,556 Total assets 19,608,818 18,891,629 Equity and liabilities Equity Share capital 1,000,000 1,000,000 Statutory reserve 506,402 503,921 Foreign currency translation reserve (40,736) (2,995) Retained earnings 1,203,274 1,971,140 Equity attributable to owners of the Company 2,668,940 3,472,066 Non-controlling interests 271,521 323,767 Total equity 2,940,461 3,795,833 Non-current liabilities Lease liabilities 10 1,493,704 1,564,251 Borrowings 12 5,493,785 5,492,280 Provision for decommissioning 14 154,839 149,362 Provision for employees’ end of service benefit 196,719 192,271 Deferred tax liability 129,100 134,962 Other non-current liabilities 9,597 10,671 Total non-current liabilities 7,477,744 7,543,797 Current liabilities Lease liabilities 10 183,023 183,013 Trade and other payables 13 3,779,346 2,541,355 Due to related parties 9 5,158,324 4,827,631 Short-term borrowings 12 69,920 - Total current liabilities 9,190,613 7,551,999 Total liabilities 16,668,357 15,095,796 Total equity and liabilities 19,608,818 18,891,629 To the best of our knowledge, and in accordance with the applicable reporting principles for interim financial reporting, the interim condensed consolidated financial statements present fairly in all material respects the consolidated financial position, financial performance and cash flows of the Group. Wayne Beifus Bader Saeed Al Lamki Dr. Sultan Ahmed Al Jaber Chief Financial Officer Chief Executive Officer Chairman of the Board of Directors The accompanying notes form an integral part of these interim condensed consolidated financial statements. 5