KWSE:IFA 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	4.13	7.95	1.97	0.99	0.39	1.05
Trading Asset Securities	0.58	0.2	0.16	0.83	0.12	0.05
Cash & Short-Term Investments	4.71	8.15	2.13	1.82	0.51	1.11
Cash Growth	-72.75%	282.73%	16.73%	258.16%	-53.96%	-66.58%
Accounts Receivable	28.48	0.17	0.19	19.43	19.59	19.08
Other Receivables	0.16	23.3	24.56	0.04	0.03	0.03
Receivables	28.65	23.47	24.74	19.47	19.62	19.11
Prepaid Expenses	-	0.38	0.13	0.13	0.55	0.55
Other Current Assets	-	3.4	3.51	3.78	4.07	3.87
Total Current Assets	33.35	35.39	30.52	25.21	24.75	24.64
Property, Plant & Equipment	0.01	0.02	0.01	0	0.01	0.01
Long-Term Investments	15.33	6.05	5.71	6.15	6.42	11.29
Other Long-Term Assets	113.36	94.09	77.29	58.29	54.83	36.03
Total Assets	162.05	135.55	113.53	89.65	86.01	71.97
Accounts Payable	0.86	0.84	1.54	3.69	1.83	1.73
Accrued Expenses	0.29	0.46	6.09	5.02	5.97	5.8
Short-Term Debt	-	-	-	8.8	8.8	8.8
Current Portion of Long-Term Debt	-	8.52	4.02	3.01	1.98	1.43
Current Income Taxes Payable	3.98	3.9	5.42	5.93	6.01	5.98
Other Current Liabilities	0.01	0.01	0.05	0.05	0.05	0.05
Total Current Liabilities	5.13	13.73	17.12	26.5	24.63	23.78
Long-Term Debt	20.71	7.66	23.5	17.49	18.27	18.87
Pension & Post-Retirement Benefits	0.49	0.45	0.51	0.61	0.58	0.58
Other Long-Term Liabilities	3.33	3.43	4.03	3.52	5.38	5.87
Total Liabilities	29.67	25.27	45.16	48.12	48.86	49.11
Common Stock	54.25	48.01	26.67	26.67	26.67	26.67
Additional Paid-In Capital	9	9	-	-	-	-
Retained Earnings	54.83	49.45	44.77	28.32	28.77	27.86
Treasury Stock	-33.98	-33.98	-32.76	-32.76	-32.76	-32.76
Comprehensive Income & Other	43.24	32.86	24.74	14.76	10.32	-2.98
Total Common Equity	127.34	105.34	63.42	36.99	33	18.79
Minority Interest	5.03	4.95	4.94	4.54	4.14	4.07
Shareholders' Equity	132.38	110.29	68.37	41.53	37.14	22.86
Total Liabilities & Equity	162.05	135.55	113.53	89.65	86.01	71.97
Total Debt	20.71	16.18	27.52	29.29	29.04	29.09
Net Cash (Debt)	-16.01	-8.03	-25.39	-27.47	-28.53	-27.99
Net Cash Per Share	-0.03	-0.02	-0.07	-0.09	-0.09	-0.09
Filing Date Shares Outstanding	519.74	516.77	316.9	316.9	316.9	316.9
Total Common Shares Outstanding	519.74	516.77	316.9	316.9	316.9	316.9
Working Capital	28.22	21.67	13.4	-1.29	0.12	0.86
Book Value Per Share	0.25	0.20	0.20	0.12	0.10	0.06
Tangible Book Value	127.34	105.34	63.42	36.99	33	18.79
Tangible Book Value Per Share	0.25	0.20	0.20	0.12	0.10	0.06

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.