ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Interim condensed consolidated statement of profit or loss for the six-month period ended 30 June 2024 3 months ended 30 June 6 months ended 30 June 2024 2023 2024 2023 Note AED’000 AED’000 AED’000 AED’000 Revenue 15 8,784,417 8,131,714 17,534,153 16,130,144 Direct costs (7,243,572) (6,743,736) (14,512,705) (13,478,276) Gross profit 1,540,845 1,387,978 3,021,448 2,651,868 Distribution and administrative expenses 16 (755,924) (737,388) (1,528,665) (1,406,162) Other income 26,028 29,287 70,633 77,942 Impairment losses and other operating (22,725) (14,240) (39,970) (32,160) expenses Operating profit 788,224 665,637 1,523,446 1,291,488 Interest income 32,496 16,428 80,434 31,604 Finance costs (113,203) (111,512) (322,366) (206,299) Profit for the period before tax 707,517 570,553 1,281,514 1,116,793 Income tax expense (73,842) (8,334) (120,144) (12,665) Profit for the period 633,675 562,219 1,161,370 1,104,128 Attributable to: Equity holders of the Company 622,840 551,488 1,172,480 1,088,809 Non-controlling interests 10,835 10,731 (11,110) 15,319 633,675 562,219 1,161,370 1,104,128 Basic and diluted earnings per share 17 0.050 0.044 0.094 0.087 The accompanying notes form an integral part of these interim condensed consolidated financial statements. 6
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