KWSE:BOURSA 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	39.16	4.24	3.4	10.75	9.54	7.11
Short-Term Investments	44.97	76.14	66.72	54.08	57.76	51.13
Cash & Short-Term Investments	84.13	80.38	70.12	64.83	67.31	58.24
Cash Growth	1.76%	14.63%	8.16%	-3.68%	15.57%	16.26%
Accounts Receivable	2.35	5.7	4.65	3.94	2.99	2.7
Other Receivables	1.4	-	-	-	-	-
Receivables	3.75	5.7	4.65	3.94	2.99	2.7
Prepaid Expenses	0.68	-	-	-	-	-
Total Current Assets	88.56	86.09	74.77	68.77	70.29	60.94
Property, Plant & Equipment	2.64	1.88	1.74	1.67	1.88	1.82
Long-Term Investments	4.32	4.31	1.92	1.91	1.44	2.25
Goodwill	9.49	9.49	9.49	9.49	9.49	9.49
Other Intangible Assets	34.96	35.86	35.38	34.17	33.57	32.78
Long-Term Accounts Receivable	-	0.26	0.25	0.28	0.29	0.48
Other Long-Term Assets	5.26	5	2.6	2.6	2.6	2.6
Total Assets	145.24	142.9	126.15	118.89	119.55	110.37
Accounts Payable	0.6	0.9	0.6	0.46	0.5	0.75
Accrued Expenses	3.7	7.37	5.79	4.63	5.35	4.53
Current Portion of Leases	0.16	0.16	0.16	0.22	0.22	0.19
Current Unearned Revenue	7.93	1.49	1.5	1.48	1.57	1.44
Other Current Liabilities	1.64	1.53	1.58	1.64	1.55	1.46
Total Current Liabilities	14.03	11.45	9.63	8.43	9.19	8.37
Long-Term Leases	0.04	0.19	0.34	0.49	0.71	0.92
Pension & Post-Retirement Benefits	2.31	2.22	1.75	1.56	1.54	1.23
Total Liabilities	16.38	13.86	11.72	10.48	11.44	10.51
Common Stock	20.08	20.08	20.08	20.08	20.08	20.08
Retained Earnings	65.43	59.44	47.73	44.4	45.67	40.72
Comprehensive Income & Other	-0.25	-0.25	-0.25	-0.25	-0.25	-0.19
Total Common Equity	85.26	79.27	67.55	64.23	65.5	60.61
Minority Interest	43.6	49.77	46.87	44.18	42.61	39.25
Shareholders' Equity	128.86	129.04	114.43	108.41	108.11	99.85
Total Liabilities & Equity	145.24	142.9	126.15	118.89	119.55	110.37
Total Debt	0.2	0.35	0.5	0.71	0.93	1.11
Net Cash (Debt)	83.93	80.03	69.62	64.12	66.38	57.13
Net Cash Growth	1.96%	14.96%	8.58%	-3.41%	16.18%	16.03%
Net Cash Per Share	0.42	0.40	0.35	0.32	0.33	0.28
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	74.53	74.63	65.15	60.34	61.1	52.57
Book Value Per Share	0.42	0.39	0.34	0.32	0.33	0.30
Tangible Book Value	40.8	33.91	22.68	20.57	22.44	18.34
Tangible Book Value Per Share	0.20	0.17	0.11	0.10	0.11	0.09
Machinery	-	1.67	1.6	1.47	1.53	1.37
Construction In Progress	-	0.52	0.17	0.49	0.44	0.41

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