KWSE:AZNOULA 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	15.31	7.25	12.16	5.76	13.38	17.63
Trading Asset Securities	-	-	-	6.11	6.16	-
Accounts Receivable	29.54	33.23	25.96	30.87	25.33	28.48
Other Receivables	-	1.41	2.84	0.03	0.03	0.47
Prepaid Expenses	-	0.78	0.59	0.63	0.59	0.55
Other Current Assets	-	0.07	0.08	0.08	0.08	0.08
Total Current Assets	44.85	42.74	41.62	43.48	45.58	47.21
Property, Plant & Equipment	0.82	0.83	0.86	0.66	0.65	0.5
Long-Term Accounts Receivable	384.66	386.39	406.21	419.85	433.8	442.19
Total Assets	430.33	429.96	448.69	463.99	480.03	489.9
Accounts Payable	4.07	3.97	4.94	4.14	0	0.01
Accrued Expenses	-	-	-	-	3.16	4.67
Current Portion of Long-Term Debt	21.07	20.81	19.14	17.94	17.11	29.21
Other Current Liabilities	6.24	7.13	9.16	7.91	11.66	9.05
Total Current Liabilities	31.38	31.91	33.23	29.98	31.94	42.94
Long-Term Debt	257.04	262.21	279.9	313.1	331.1	388.53
Pension & Post-Retirement Benefits	0.09	0.08	0.07	-	-	-
Other Long-Term Liabilities	0.09	0.09	0.55	0.6	0.04	0.03
Total Liabilities	288.6	294.29	313.74	343.68	363.07	431.5
Common Stock	110	110	110	110	110	110
Retained Earnings	34.48	31.14	23.81	19	16.3	21.64
Comprehensive Income & Other	-2.75	-5.47	1.13	-8.69	-9.34	-73.24
Shareholders' Equity	141.73	135.67	134.95	120.31	116.96	58.4
Total Liabilities & Equity	430.33	429.96	448.69	463.99	480.03	489.9
Total Debt	278.11	283.02	299.03	331.03	348.21	417.73
Net Cash (Debt)	-262.79	-275.77	-286.87	-319.16	-328.67	-400.1
Net Cash Per Share	-0.24	-0.25	-0.26	-0.29	-0.30	-0.36
Filing Date Shares Outstanding	1,115	1,100	1,100	1,100	1,100	1,100
Total Common Shares Outstanding	1,115	1,100	1,100	1,100	1,100	1,100
Working Capital	13.47	10.84	8.39	13.5	13.64	4.27
Book Value Per Share	0.13	0.12	0.12	0.11	0.11	0.05
Tangible Book Value	141.73	135.67	134.95	120.31	116.96	58.4
Tangible Book Value Per Share	0.13	0.12	0.12	0.11	0.11	0.05
Buildings	-	0.04	0.02	0.01	0.01	0.01
Machinery	-	1.15	1.15	0.91	0.89	0.73

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