KWSE:IPG 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	59.56	97.79	79.3	108.51	69.42
Short-Term Investments	1.4	1.1	1.32	1.27	2.15
Cash & Short-Term Investments	60.96	98.9	80.61	109.78	71.57
Cash Growth	-38.36%	22.68%	-26.57%	53.39%	54.17%
Accounts Receivable	128.78	151.58	177.49	64.61	98.78
Other Receivables	6.77	6.17	7.33	6.85	29.34
Receivables	146.12	170.41	198.36	92.02	128.98
Inventory	10.37	26.81	27.24	51.74	50.77
Prepaid Expenses	1.3	1.22	2.5	1.51	1.22
Other Current Assets	81.98	73.63	67.26	60.98	69.69
Total Current Assets	300.72	370.96	375.97	316.03	322.21
Property, Plant & Equipment	44.56	45.22	47.81	55.57	35.84
Long-Term Investments	73.46	69.99	65.15	62.56	61.06
Total Assets	422.63	490.72	493.47	439.04	423.88
Accounts Payable	18.07	95.02	111.6	55.92	104.03
Accrued Expenses	40.89	43.09	35.49	31.46	19.89
Current Portion of Long-Term Debt	224.76	203.48	204.33	196.16	170.31
Current Portion of Leases	4.25	4.12	5	5.56	3.52
Current Income Taxes Payable	0.12	0.1	0.08	0.08	0.08
Other Current Liabilities	4.95	3.12	2.7	2.65	2.45
Total Current Liabilities	293.03	348.92	359.2	291.84	300.27
Long-Term Debt	-	12.22	12.15	24.87	19.47
Long-Term Leases	10.97	15.36	15.69	20.83	2.14
Pension & Post-Retirement Benefits	2.33	1.95	1.78	1.44	1.36
Total Liabilities	306.33	378.45	388.82	338.98	323.24
Common Stock	18.84	18.84	18.84	18.84	18.84
Additional Paid-In Capital	29.67	29.67	29.67	29.67	29.67
Retained Earnings	43.35	40.41	36.82	34.43	32.2
Treasury Stock	-2.77	-2.77	-2.77	-2.77	-2.77
Comprehensive Income & Other	27.22	26.12	22.09	19.9	22.7
Shareholders' Equity	116.31	112.27	104.65	100.06	100.63
Total Liabilities & Equity	422.63	490.72	493.47	439.04	423.88
Total Debt	239.97	235.18	237.17	247.43	195.44
Net Cash (Debt)	-179.02	-136.28	-156.56	-137.65	-123.88
Net Cash Per Share	-0.99	-0.75	-0.87	-0.76	-0.69
Filing Date Shares Outstanding	180.79	180.79	180.79	180.79	180.79
Total Common Shares Outstanding	180.79	180.79	180.79	180.79	180.79
Working Capital	7.69	22.04	16.77	24.19	21.95
Book Value Per Share	0.64	0.62	0.58	0.55	0.56
Tangible Book Value	116.31	112.27	104.65	100.06	100.63
Tangible Book Value Per Share	0.64	0.62	0.58	0.55	0.56
Land	0.54	0.54	0.54	0.54	0.54
Buildings	3.28	3.22	3.27	3.27	1.69
Machinery	41.04	39.79	39.76	39.52	38.01
Construction In Progress	4.95	0.03	-	-	3.76
Leasehold Improvements	0.07	0.07	0.07	0.07	0.07

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