KWSE:IFA Balance Sheet

Financials in millions KWD. Fiscal year is January - December.

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4.24	7.95	1.97	0.99	0.39
Trading Asset Securities	0.82	0.2	0.16	0.83	0.12
Cash & Short-Term Investments	5.07	8.15	2.13	1.82	0.51
Cash Growth	-37.83%	282.73%	16.73%	258.16%	-53.96%
Accounts Receivable	0.66	0.17	0.19	19.43	19.59
Other Receivables	19.01	23.3	24.56	0.04	0.03
Receivables	19.67	23.47	24.74	19.47	19.62
Prepaid Expenses	0.53	0.38	0.13	0.13	0.55
Other Current Assets	3.23	3.4	3.51	3.78	4.07
Total Current Assets	28.5	35.39	30.52	25.21	24.75
Property, Plant & Equipment	0.01	0.02	0.01	0	0.01
Long-Term Investments	56.2	6.05	5.71	6.15	6.42
Other Long-Term Assets	76.44	94.09	77.29	58.29	54.83
Total Assets	161.15	135.55	113.53	89.65	86.01
Accounts Payable	0.88	0.84	1.54	3.69	1.83
Accrued Expenses	0.27	0.46	6.09	5.02	5.97
Short-Term Debt	-	-	-	8.8	8.8
Current Portion of Long-Term Debt	-	8.52	4.02	3.01	1.98
Current Income Taxes Payable	3.9	3.9	5.42	5.93	6.01
Other Current Liabilities	-	0.01	0.05	0.05	0.05
Total Current Liabilities	5.04	13.73	17.12	26.5	24.63
Long-Term Debt	19.74	7.66	23.5	17.49	18.27
Pension & Post-Retirement Benefits	0.51	0.45	0.51	0.61	0.58
Other Long-Term Liabilities	3.37	3.43	4.03	3.52	5.38
Total Liabilities	28.67	25.27	45.16	48.12	48.86
Common Stock	54.25	48.01	26.67	26.67	26.67
Additional Paid-In Capital	9	9	-	-	-
Retained Earnings	54.72	49.45	44.77	28.32	28.77
Treasury Stock	-33.98	-33.98	-32.76	-32.76	-32.76
Comprehensive Income & Other	43.95	32.86	24.74	14.76	10.32
Total Common Equity	127.95	105.34	63.42	36.99	33
Minority Interest	4.53	4.95	4.94	4.54	4.14
Shareholders' Equity	132.48	110.29	68.37	41.53	37.14
Total Liabilities & Equity	161.15	135.55	113.53	89.65	86.01
Total Debt	19.74	16.18	27.52	29.29	29.04
Net Cash (Debt)	-14.68	-8.03	-25.39	-27.47	-28.53
Net Cash Per Share	-0.03	-0.02	-0.07	-0.09	-0.09
Filing Date Shares Outstanding	516.79	516.77	316.9	316.9	316.9
Total Common Shares Outstanding	516.79	516.77	316.9	316.9	316.9
Working Capital	23.46	21.67	13.4	-1.29	0.12
Book Value Per Share	0.25	0.20	0.20	0.12	0.10
Tangible Book Value	127.95	105.34	63.42	36.99	33
Tangible Book Value Per Share	0.25	0.20	0.20	0.12	0.10

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.