ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Notes to the interim condensed consolidated financial statements for the nine-month period ended 30 September 2024 (continued) 10. Right-of-use assets and lease liabilities (continued) Lease liabilities 30 September 2024 31 December 2023 (unaudited) (audited) AED’000 AED’000 Balance at beginning of the period/year 1,747,264 1,314,327 Additions 134,999 511,560 Recognised as part of business combination (note 19) - 98,694 Accretion of interest 73,359 95,567 Reversal due to terminated contracts (38,656) (55,515) Payments (171,344) (200,322) Modifications during the period/year (878) (9,173) Exchange differences (68,017) (7,874) Closing balance 1,676,727 1,747,264 Current Non-current 30 September 2024 31 December 2023 30 September 2024 31 December 2023 AED’000 AED’000 AED’000 AED’000 (unaudited) (audited) (unaudited) (audited) Lease liabilities 183,023 183,013 1,493,704 1,564,251 11. Cash and bank balances Cash and cash equivalents in the statement of cash flows consist of the following amounts: 30 September 2024 31 December 2023 (unaudited) (audited) AED’000 AED’000 Cash and bank balances 3,226,302 2,993,937 Short term deposits with original maturities greater than three months 200,225 200,225 Cash and bank balances include short-term and call deposits amounting to AED 3,113,864 thousand (2023: AED 2,672,013 thousand) carrying interest rate ranging from 0.30% to 5.40% (31 December 2023: 0.30% to 5.40%) per annum. 12. Borrowings 30 September 2024 31 December 2023 (unaudited) (audited) AED’000 AED’000 Term loan- non current 5,493,785 5,492,280 Bank loan - current 69,920 - 5,563,705 5,492,280 18