KWSE:AZNOULA Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	15.13	12.16	5.76	13.38	17.63	36.77
Trading Asset Securities	-	-	6.11	6.16	-	-
Accounts Receivable	29.85	25.96	30.87	25.33	28.48	22.25
Other Receivables	0.03	2.84	0.03	0.03	0.47	0.61
Prepaid Expenses	-	0.59	0.63	0.59	0.55	0.44
Other Current Assets	-	0.08	0.08	0.08	0.08	0.09
Total Current Assets	45.02	41.62	43.48	45.58	47.21	60.16
Property, Plant & Equipment	0.82	0.86	0.66	0.65	0.5	0.44
Long-Term Accounts Receivable	389.95	406.21	419.85	433.8	442.19	456.03
Total Assets	435.79	448.69	463.99	480.03	489.9	516.64
Accounts Payable	4.17	4.94	4.14	0	0.01	0
Accrued Expenses	-	-	-	3.16	4.67	3.78
Current Portion of Long-Term Debt	20.53	19.14	17.94	17.11	29.21	29.49
Other Current Liabilities	6.27	9.16	7.91	11.66	9.05	9.51
Total Current Liabilities	30.97	33.23	29.98	31.94	42.94	42.78
Long-Term Debt	267.98	279.9	313.1	331.1	388.53	433.31
Other Long-Term Liabilities	0.68	0.61	0.6	0.04	0.03	0.03
Total Liabilities	299.71	313.74	343.68	363.07	431.5	476.12
Common Stock	110	110	110	110	110	110
Retained Earnings	33	23.81	19	16.3	21.64	31.2
Comprehensive Income & Other	-6.92	1.13	-8.69	-9.34	-73.24	-100.68
Shareholders' Equity	136.08	134.95	120.31	116.96	58.4	40.52
Total Liabilities & Equity	435.79	448.69	463.99	480.03	489.9	516.64
Total Debt	288.51	299.03	331.03	348.21	417.73	462.8
Net Cash (Debt)	-273.38	-286.87	-319.16	-328.67	-400.1	-426.02
Net Cash Per Share	-0.25	-0.26	-0.29	-0.30	-0.36	-0.39
Filing Date Shares Outstanding	1,100	1,100	1,100	1,100	1,100	1,100
Total Common Shares Outstanding	1,100	1,100	1,100	1,100	1,100	1,100
Working Capital	14.04	8.39	13.5	13.64	4.27	17.39
Book Value Per Share	0.12	0.12	0.11	0.11	0.05	0.04
Tangible Book Value	136.08	134.95	120.31	116.96	58.4	40.52
Tangible Book Value Per Share	0.12	0.12	0.11	0.11	0.05	0.04
Buildings	-	0.02	0.01	0.01	0.01	0.01
Machinery	-	1.15	0.91	0.89	0.73	0.65

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