ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Interim condensed consolidated statement of profit or loss For the three-month period ended 31 March 2024 3 months ended 31 March 2024 31 March 2023 Note AED’000 AED’000 Revenue 15 8,749,736 7,998,430 Direct costs (7,269,133) (6,734,540) Gross profit 1,480,603 1,263,890 Distribution and administrative expenses 16 (772,741) (668,774) Other income 44,605 48,655 Impairment losses and other operating expenses (17,245) (17,920) Operating profit 735,222 625,851 Interest income 47,938 15,176 Finance costs (209,163) (94,787) Profit for the period before tax 573,997 546,240 Income tax expense (46,302) (4,331) Profit for the period 527,695 541,909 Attributable to: Equity holders of the Company 549,640 537,321 Non-controlling interests (21,945) 4,588 527,695 541,909 Basic and diluted earnings per share 17 0.044 0.043 The accompanying notes form an integral part of these interim condensed consolidated financial statements. 6
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