KWSE:ALFTAQA Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	20.58	19.28	5.72	0.19	0.63	0.02
Short-Term Investments	-	7.15	4.45	-	-	-
Cash & Short-Term Investments	20.58	26.43	10.17	0.19	0.63	0.02
Cash Growth	171.40%	159.88%	5152.19%	-69.18%	2846.45%	-
Accounts Receivable	12.61	8.88	6.48	5.37	4.02	4.37
Other Receivables	-	0.77	0.46	0.63	0.76	1.16
Receivables	12.61	9.65	6.93	5.99	4.79	5.53
Inventory	1.24	1.17	0.81	0.56	0.53	0.52
Prepaid Expenses	-	0.21	0.58	0.37	0.36	0.47
Restricted Cash	-	1.32	0.44	-	-	-
Other Current Assets	1.69	0.93	1.43	0.25	0.03	0.11
Total Current Assets	36.12	39.71	20.37	7.36	6.34	6.66
Property, Plant & Equipment	129.27	125.12	114.99	93.08	72.49	64.59
Other Intangible Assets	0.5	0.51	-	-	-	-
Other Long-Term Assets	0.98	0.98	1.15	1.15	0.94	-
Total Assets	166.87	166.31	136.51	101.59	79.77	71.25
Accounts Payable	4.93	2.32	4.62	5.16	0.85	2.71
Accrued Expenses	-	2.07	2.54	1.74	1.93	1.12
Short-Term Debt	-	-	0.03	0.09	-	-
Current Portion of Long-Term Debt	3.46	3.08	7.04	9.25	1.53	7.44
Current Portion of Leases	0.08	0.08	-	-	-	-
Current Income Taxes Payable	-	0.12	0.04	0.1	-	-
Current Unearned Revenue	0.46	0.46	0.29	1.32	-	-
Other Current Liabilities	-	0.23	0.2	0.15	3.52	6.94
Total Current Liabilities	8.93	8.37	14.75	17.81	7.83	18.21
Long-Term Debt	69.55	71.76	80.47	45.31	36.03	22.69
Long-Term Leases	0.07	0.09	-	-	-	-
Long-Term Unearned Revenue	0.89	1.01	0.74	-	-	-
Pension & Post-Retirement Benefits	1.17	1.07	0.72	0.54	0.41	0.32
Total Liabilities	80.61	82.29	96.68	63.66	44.27	41.22
Common Stock	56.65	56.65	20	20	20	0.1
Additional Paid-In Capital	19.83	19.83	-	-	-	-
Retained Earnings	9.55	7.3	19.83	17.93	15.49	19.93
Comprehensive Income & Other	-	-	-	-	-	10
Total Common Equity	86.03	83.78	39.83	37.93	35.49	30.03
Minority Interest	0.23	0.24	-	-	-	-
Shareholders' Equity	86.26	84.02	39.83	37.93	35.49	30.03
Total Liabilities & Equity	166.87	166.31	136.51	101.59	79.77	71.25
Total Debt	73.16	75.02	87.54	54.65	37.56	30.13
Net Cash (Debt)	-52.57	-48.59	-77.37	-54.46	-36.93	-30.11
Net Cash Per Share	-0.12	-0.12	-0.21	-0.15	-0.10	-
Filing Date Shares Outstanding	567	566.5	375	375	375	-
Total Common Shares Outstanding	567	566.5	375	375	375	-
Working Capital	27.19	31.34	5.62	-10.45	-1.5	-11.55
Book Value Per Share	0.15	0.15	0.11	0.10	0.09	-
Tangible Book Value	85.54	83.27	39.83	37.93	35.49	30.03
Tangible Book Value Per Share	0.15	0.15	0.11	0.10	0.09	-
Machinery	-	144.8	107.01	99.46	72.51	72.36
Construction In Progress	-	0.89	24.28	6.42	10.09	-