DFM:NIND Balance Sheet

Financials in millions KWD. Fiscal year is January - December.

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	196.57	197.3	201.3	195.37	90.67
Short-Term Investments	13.99	13.88	5.2	1.38	-
Trading Asset Securities	462.9	300.91	279.57	261.83	255.56
Cash & Short-Term Investments	673.47	512.09	486.06	458.58	346.23
Cash Growth	31.51%	5.36%	5.99%	32.45%	23.14%
Accounts Receivable	151.56	70.55	68.13	30.98	26.42
Other Receivables	-	25.09	20.67	22.45	14.2
Receivables	151.56	95.64	88.8	53.43	40.62
Inventory	44.75	46.13	47.18	41.11	36.91
Prepaid Expenses	-	32.52	27.72	4.63	-
Other Current Assets	-	133.56	115.68	145.48	158.7
Total Current Assets	869.78	819.94	765.44	703.23	582.46
Property, Plant & Equipment	114.47	116.1	116.06	96.02	96.23
Long-Term Investments	628.63	560.51	519.37	497.87	504.35
Goodwill	6.3	6.1	10.1	9.75	-
Other Intangible Assets	8.65	9.62	10.87	0.02	9.83
Other Long-Term Assets	70.19	86.94	79.44	77.86	87.03
Total Assets	1,698	1,599	1,501	1,385	1,280
Accounts Payable	109.09	27.09	33.41	21.1	20.95
Accrued Expenses	-	23.32	24.25	16.61	11.82
Short-Term Debt	16.77	292.84	257.79	214.66	199.66
Current Portion of Long-Term Debt	-	92.02	36.83	71.77	55.52
Current Portion of Leases	-	-	-	1.84	1.78
Current Income Taxes Payable	-	13.52	12.73	15.39	13.3
Total Current Liabilities	125.86	448.79	365.01	341.37	303.03
Long-Term Debt	770.96	364.46	421.85	365.23	374.56
Long-Term Leases	-	-	-	4.04	5.5
Pension & Post-Retirement Benefits	-	17.3	16.08	13.83	12.76
Other Long-Term Liabilities	18.85	30.54	33.06	30.12	26.86
Total Liabilities	915.68	861.09	835.99	754.59	722.71
Common Stock	253.04	240.99	229.52	218.59	149.92
Additional Paid-In Capital	175.44	175.44	175.44	175.44	122.96
Retained Earnings	201.54	160.18	122.77	122.88	137.84
Treasury Stock	-23.98	-23.98	-23.98	-23.98	-23.41
Comprehensive Income & Other	-9.05	-1.73	-4.85	-5.96	21.14
Total Common Equity	596.99	550.91	498.9	486.97	408.46
Minority Interest	185.36	187.21	166.38	143.2	148.74
Shareholders' Equity	782.35	738.12	665.29	630.17	557.2
Total Liabilities & Equity	1,698	1,599	1,501	1,385	1,280
Total Debt	787.74	749.32	716.47	657.54	637.02
Net Cash (Debt)	-114.27	-237.22	-230.41	-198.96	-290.79
Net Cash Per Share	-0.05	-0.10	-0.09	-0.08	-0.15
Filing Date Shares Outstanding	2,494	2,490	2,490	2,490	1,837
Total Common Shares Outstanding	2,494	2,490	2,490	2,490	1,837
Working Capital	743.92	371.15	400.43	361.86	279.44
Book Value Per Share	0.24	0.22	0.20	0.20	0.22
Tangible Book Value	582.04	535.18	477.93	477.2	398.63
Tangible Book Value Per Share	0.23	0.21	0.19	0.19	0.22
Land	-	2.22	2.21	2.2	2.18
Machinery	-	224.13	216.08	164.66	146.81
Construction In Progress	-	4.7	7.6	6.92	20.16

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.