Gulf Bank K.S.C.P. 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	888.97	383.78	844.76	803.9	551.57	626.22
Investment Securities	800.19	845.75	482.62	726.62	619.86	621.78
Trading Asset Securities	-	2.13	-	-	-	-
Total Investments	800.19	847.88	482.62	726.62	619.86	621.78
Gross Loans	6,419	6,087	5,706	5,490	5,423	5,118
Allowance for Loan Losses	-233.69	-228.79	-238.76	-293.81	-294.04	-281.78
Net Loans	6,185	5,859	5,467	5,197	5,129	4,837
Property, Plant & Equipment	40.13	40.75	40.95	39.48	38.66	34.39
Accrued Interest Receivable	49.14	36.96	30.9	33.02	25.99	16.16
Other Receivables	16.05	15.34	13.91	16.47	39.74	45.12
Restricted Cash	-	459.35	543.12	289.85	378.32	316.28
Other Real Estate Owned & Foreclosed	56.95	56.95	56.95	68.66	68.66	59.43
Total Assets	8,036	7,700	7,480	7,175	6,851	6,556
Accrued Expenses	-	31.64	31.55	28.73	30.36	26.61
Interest Bearing Deposits	6,193	4,499	4,373	4,015	4,115	4,056
Non-Interest Bearing Deposits	-	1,414	1,594	1,609	1,396	1,517
Total Deposits	6,193	5,913	5,967	5,624	5,511	5,573
Current Portion of Long-Term Debt	-	68.41	70.81	115	-	-
Accrued Interest Payable	-	56.22	56.6	59.52	32.06	11.9
Long-Term Debt	822.99	710.13	449.01	455.06	493.93	215
Long-Term Leases	-	3.93	4.12	3.39	4.18	2.83
Long-Term Unearned Revenue	-	7.77	11.47	8.9	4.12	3.86
Other Long-Term Liabilities	192.62	54.61	56.36	63.03	55.71	56.56
Total Liabilities	7,208	6,845	6,647	6,358	6,131	5,889
Common Stock	399.26	399.26	380.25	362.14	320.05	304.81
Additional Paid-In Capital	186.94	186.94	186.94	186.94	153.02	153.02
Retained Earnings	204.33	230.7	230.06	232.36	211.24	191
Treasury Stock	-2.38	-2.38	-2.38	-	-	-18.16
Comprehensive Income & Other	39.68	39.84	38.74	35.37	35.71	35.81
Shareholders' Equity	827.83	854.37	833.6	816.8	720.02	666.49
Total Liabilities & Equity	8,036	7,700	7,480	7,175	6,851	6,556
Total Debt	822.99	782.47	523.95	573.45	498.11	217.83
Net Cash (Debt)	233.06	-94.23	456.28	411.44	184.68	533.03
Net Cash Growth	-64.29%	-	10.90%	122.78%	-65.35%	-24.03%
Net Cash Per Share	0.06	-0.02	0.11	0.11	0.04	0.14
Filing Date Shares Outstanding	4,182	4,182	4,182	4,192	3,890	3,843
Total Common Shares Outstanding	4,182	4,182	4,182	4,192	3,890	3,843
Book Value Per Share	0.20	0.20	0.20	0.19	0.19	0.17
Tangible Book Value	827.83	854.37	833.6	816.8	720.02	666.49
Tangible Book Value Per Share	0.20	0.20	0.20	0.19	0.19	0.17

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