KWSE:ARZAN 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	8.66	5.95	3.81	6.76	9.44	11.51
Long-Term Investments	256.48	264.83	171.07	133.91	137.82	135.65
Trading Asset Securities	10.19	9.97	27.1	10.63	11.17	6.3
Loans & Lease Receivables	0.98	1.14	0.76	0.86	0.68	0.96
Other Receivables	16.19	12.15	8.55	6.66	7.42	7.32
Property, Plant & Equipment	2.95	3	3.22	3.29	3.41	3.59
Other Intangible Assets	-	-	-	-	0.06	0.07
Other Current Assets	19.85	21.11	20.99	11.82	19.38	22.8
Other Long-Term Assets	47.91	64.83	45.78	34.31	2.9	6.7
Total Assets	365.07	384.86	283.2	209.66	193.59	196.18
Accounts Payable	0.26	0.29	0.15	0.15	0.28	0.16
Accrued Expenses	4.3	2.72	3.9	3.79	1.28	1
Current Portion of Long-Term Debt	34.92	34.64	23.7	3.79	7.25	2.64
Long-Term Debt	34.3	34.53	19.98	21.13	21.42	18.81
Long-Term Leases	0.01	0.04	0.06	0	0.02	0.05
Current Income Taxes Payable	4.31	4.2	3.37	3.09	2.91	2.86
Pension & Post-Retirement Benefits	2.19	2.19	1.89	1.8	1.75	1.59
Other Long-Term Liabilities	6.37	4.69	2.94	3.97	2.07	3.78
Total Liabilities	86.67	83.3	55.99	37.74	36.99	30.9
Common Stock	90.74	90.74	86.42	83.1	83.1	80.29
Additional Paid-In Capital	9.36	9.36	9.36	9.36	9.36	9.36
Retained Earnings	80	71.81	26.8	11.2	9.14	5.91
Comprehensive Income & Other	34.35	52.14	49.95	29.64	16.16	26.73
Total Common Equity	214.11	223.72	172.29	131.78	115.22	120.81
Minority Interest	64.29	77.84	54.92	40.14	41.39	44.48
Shareholders' Equity	278.4	301.56	227.21	171.92	156.6	165.28
Total Liabilities & Equity	365.07	384.86	283.2	209.66	193.59	196.18
Total Debt	69.24	69.21	43.74	24.93	28.7	21.5
Net Cash (Debt)	-50.39	-53.28	-12.83	-7.54	-8.09	-3.7
Net Cash Per Share	-0.05	-0.06	-0.01	-0.01	-0.01	-0.00
Filing Date Shares Outstanding	960.68	960.7	960.66	942.64	928.7	936.57
Total Common Shares Outstanding	960.68	960.7	960.66	942.64	928.7	936.57
Working Capital	13.93	10.34	32	27.32	37.67	43.51
Book Value Per Share	0.22	0.23	0.18	0.14	0.12	0.13
Tangible Book Value	214.11	223.72	172.29	131.78	115.16	120.74
Tangible Book Value Per Share	0.22	0.23	0.18	0.14	0.12	0.13