KWSE:ARABREC 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	0.8	0.72	0.55	2.04	1.72	0.97
Cash & Short-Term Investments	0.8	0.72	0.55	2.04	1.72	0.97
Cash Growth	-63.69%	29.63%	-72.92%	18.33%	76.92%	21.91%
Accounts Receivable	2.8	1.74	1.68	1.61	1.66	1.22
Other Receivables	-	0.76	2.83	1.66	-	0.27
Receivables	2.8	2.5	4.5	3.27	1.66	1.49
Prepaid Expenses	-	0.12	0.04	0.07	-	0.06
Other Current Assets	-	0.13	0.07	0.74	-	1.57
Total Current Assets	3.6	3.46	5.16	6.12	3.38	4.1
Property, Plant & Equipment	13.21	13.31	13.87	14.32	14.74	15.19
Long-Term Investments	17.16	5.22	3.74	3.31	3.75	3.37
Other Long-Term Assets	77.67	89.48	85.88	99.62	116.37	112.87
Total Assets	111.64	111.46	108.65	123.37	138.24	135.52
Accounts Payable	2.83	0.61	0.71	0.66	0.47	0.86
Accrued Expenses	-	0.8	0.7	0.81	1.22	1.28
Short-Term Debt	-	-	-	0.24	0.42	1.01
Current Portion of Long-Term Debt	55.03	53.35	6.01	81.49	38.69	36.01
Current Portion of Leases	-	0.23	0.26	0.29	0.36	0.39
Current Income Taxes Payable	-	0.02	0.13	0.21	0.16	0.08
Current Unearned Revenue	-	-	0.16	0.42	2.16	-
Other Current Liabilities	-	1.03	1.14	1.8	3.95	4.73
Total Current Liabilities	57.85	56.04	9.1	85.91	47.44	44.35
Long-Term Debt	9.45	10.95	59.56	-	53.54	56.15
Pension & Post-Retirement Benefits	0.32	0.31	0.31	0.32	0.33	0.29
Total Liabilities	67.63	67.31	68.97	86.23	101.31	100.79
Common Stock	38.6	38.6	37.66	36.92	50.98	50.98
Additional Paid-In Capital	-	-	0.71	1.04	1.43	1.43
Retained Earnings	0.38	0.65	2.53	2.77	-14.39	-16.45
Treasury Stock	-	-	-0.48	-0.83	-0.71	-0.71
Comprehensive Income & Other	5.02	4.9	-0.75	-2.77	-0.37	-0.51
Shareholders' Equity	44	44.15	39.68	37.13	36.93	34.73
Total Liabilities & Equity	111.64	111.46	108.65	123.37	138.24	135.52
Total Debt	64.48	64.53	65.83	82.01	93.01	93.55
Net Cash (Debt)	-63.68	-63.82	-65.27	-79.97	-91.29	-92.58
Net Cash Per Share	-0.16	-0.17	-0.17	-0.21	-0.24	-0.24
Filing Date Shares Outstanding	388.58	386.01	380.2	379.08	382.51	382.51
Total Common Shares Outstanding	388.58	386.01	380.2	379.08	382.51	382.51
Working Capital	-54.25	-52.58	-3.94	-79.8	-44.05	-40.25
Book Value Per Share	0.11	0.11	0.10	0.10	0.10	0.09
Tangible Book Value	44	44.15	39.68	37.13	36.93	34.73
Tangible Book Value Per Share	0.11	0.11	0.10	0.10	0.10	0.09
Land	-	2.64	2.64	2.64	2.64	2.64
Buildings	-	28.99	28.99	28.99	28.99	28.99
Machinery	-	3.17	3.11	2.92	2.58	2.34

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