KWSE:ALG 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	24.45	16.67	18.98	14.91	19.07
Short-Term Investments	4.24	0.2	1.5	1	-
Cash & Short-Term Investments	28.69	16.86	20.48	15.91	19.07
Cash Growth	70.14%	-17.67%	28.74%	-16.57%	-15.26%
Accounts Receivable	10.14	8.12	6.27	5.61	5.92
Other Receivables	6.34	8.24	7.61	6	0.58
Receivables	16.48	16.36	13.88	11.62	6.51
Inventory	77.8	92.9	63.29	52.35	24.09
Prepaid Expenses	1.2	1.09	0.9	0.54	0.46
Other Current Assets	1.36	0.62	0.76	1.25	4.03
Total Current Assets	125.53	127.83	99.31	81.66	54.14
Property, Plant & Equipment	105.28	119.35	109.95	101.72	91.98
Long-Term Investments	26.17	15.49	12.87	3.53	0.25
Other Intangible Assets	0.15	0.13	0.08	0.22	0.33
Long-Term Accounts Receivable	0.34	0.17	0.72	0.95	1.38
Other Long-Term Assets	17.05	0.25	0.25	-	-
Total Assets	274.53	263.21	223.18	188.08	148.09
Accounts Payable	36.41	53.62	30.6	36.92	17.48
Accrued Expenses	12.4	12.88	12.6	8.18	7.48
Short-Term Debt	10.55	11.9	9.56	4.27	-
Current Portion of Long-Term Debt	21.03	9.25	4.46	2.62	2.25
Current Portion of Leases	2.14	2.42	2.18	1.47	1.37
Current Unearned Revenue	5.42	4.38	4.15	3.21	3.85
Other Current Liabilities	11.51	10.96	15.94	20.33	18.16
Total Current Liabilities	99.45	105.42	79.48	77	50.59
Long-Term Debt	29.61	31.64	29.05	13.98	19.98
Long-Term Leases	5.25	5.67	5.05	3.87	2.72
Long-Term Unearned Revenue	15.28	12.34	9.29	7.9	5.98
Pension & Post-Retirement Benefits	6.56	6.25	5.85	5.45	4.71
Other Long-Term Liabilities	0.66	2.49	2.04	0.21	0.14
Total Liabilities	156.83	163.81	130.75	108.41	84.12
Common Stock	36.08	27.75	27.75	27.75	27.75
Additional Paid-In Capital	1.78	0.01	0.01	0.01	-
Retained Earnings	42.53	36.19	26.11	16.54	9.25
Treasury Stock	-0.94	-3.14	-3.01	-2.95	-
Comprehensive Income & Other	25.99	28.02	31.68	31.63	20.34
Total Common Equity	105.43	88.83	82.53	72.96	57.34
Minority Interest	12.27	10.57	9.9	6.7	6.63
Shareholders' Equity	117.7	99.4	92.43	79.67	63.97
Total Liabilities & Equity	274.53	263.21	223.18	188.08	148.09
Total Debt	68.59	60.89	50.3	26.22	26.32
Net Cash (Debt)	-39.9	-44.03	-29.82	-10.31	-7.25
Net Cash Per Share	-0.11	-0.12	-0.08	-0.03	-0.02
Filing Date Shares Outstanding	359.93	356.03	356.19	356.26	360.75
Total Common Shares Outstanding	359.93	356.03	356.19	356.26	360.75
Working Capital	26.08	22.41	19.84	4.65	3.55
Book Value Per Share	0.29	0.25	0.23	0.20	0.16
Tangible Book Value	105.28	88.7	82.46	72.74	57.02
Tangible Book Value Per Share	0.29	0.25	0.23	0.20	0.16
Land	58.44	72.64	72.64	72.64	61.27
Buildings	27.38	27.09	27.07	27.07	27.06
Machinery	46.84	40.61	34.13	26.73	28.03
Construction In Progress	0.27	3.01	0.04	0.63	0.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.