KWSE:BOURSA 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	2.13	3.4	10.75	9.54	7.11	19.61
Short-Term Investments	70.58	66.72	54.08	57.76	51.13	30.48
Cash & Short-Term Investments	72.71	70.12	64.83	67.31	58.24	50.09
Cash Growth	14.04%	8.16%	-3.68%	15.57%	16.26%	157.97%
Accounts Receivable	5.81	4.65	3.94	2.99	2.7	2.35
Receivables	5.81	4.65	3.94	2.99	2.7	2.35
Total Current Assets	78.52	74.77	68.77	70.29	60.94	52.44
Property, Plant & Equipment	2.7	1.74	1.67	1.88	1.82	2.2
Long-Term Investments	1.91	1.92	1.91	1.44	2.25	4.18
Goodwill	9.49	9.49	9.49	9.49	9.49	9.49
Other Intangible Assets	34.88	35.38	34.17	33.57	32.78	31.82
Long-Term Accounts Receivable	0.25	0.25	0.28	0.29	0.48	1.42
Other Long-Term Assets	5.21	2.6	2.6	2.6	2.6	2.6
Total Assets	132.96	126.15	118.89	119.55	110.37	104.16
Accounts Payable	0.52	0.6	0.46	0.5	0.75	0.89
Accrued Expenses	2.85	5.79	4.63	5.35	4.53	3.56
Current Portion of Leases	0.16	0.16	0.22	0.22	0.19	0.12
Current Unearned Revenue	3.38	1.5	1.48	1.57	1.44	1.41
Other Current Liabilities	1.74	1.58	1.64	1.55	1.46	1.49
Total Current Liabilities	8.63	9.63	8.43	9.19	8.37	7.47
Long-Term Leases	0.19	0.34	0.49	0.71	0.92	0.74
Pension & Post-Retirement Benefits	2.12	1.75	1.56	1.54	1.23	5.22
Total Liabilities	10.95	11.72	10.48	11.44	10.51	13.43
Common Stock	20.08	20.08	20.08	20.08	20.08	20.08
Retained Earnings	54.32	47.73	44.4	45.67	40.72	32.86
Comprehensive Income & Other	-0.25	-0.25	-0.25	-0.25	-0.19	-0.13
Total Common Equity	74.14	67.55	64.23	65.5	60.61	52.8
Minority Interest	47.87	46.87	44.18	42.61	39.25	37.93
Shareholders' Equity	122.01	114.43	108.41	108.11	99.85	90.73
Total Liabilities & Equity	132.96	126.15	118.89	119.55	110.37	104.16
Total Debt	0.35	0.5	0.71	0.93	1.11	0.85
Net Cash (Debt)	72.36	69.62	64.12	66.38	57.13	49.24
Net Cash Growth	14.25%	8.58%	-3.41%	16.18%	16.03%	166.44%
Net Cash Per Share	0.36	0.35	0.32	0.33	0.28	0.25
Filing Date Shares Outstanding	200.78	200.78	200.78	200.78	200.78	200.78
Total Common Shares Outstanding	200.78	200.78	200.78	200.78	200.78	200.78
Working Capital	69.89	65.15	60.34	61.1	52.57	44.97
Book Value Per Share	0.37	0.34	0.32	0.33	0.30	0.26
Tangible Book Value	29.77	22.68	20.57	22.44	18.34	11.49
Tangible Book Value Per Share	0.15	0.11	0.10	0.11	0.09	0.06
Machinery	-	1.6	1.47	1.53	1.37	7.62
Construction In Progress	-	0.17	0.49	0.44	0.41	0.19
Leasehold Improvements	-	-	-	-	-	0.16

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