KWSE:IPG 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	54.54	59.56	97.79	79.3	108.51	69.42
Short-Term Investments	1.37	1.4	1.1	1.32	1.27	2.15
Cash & Short-Term Investments	55.91	60.96	98.9	80.61	109.78	71.57
Cash Growth	-59.91%	-38.36%	22.68%	-26.57%	53.39%	54.17%
Accounts Receivable	179.47	128.78	151.58	177.49	64.61	98.78
Other Receivables	-	6.77	6.17	7.33	6.85	29.34
Receivables	190.1	146.12	170.41	198.36	92.02	128.98
Inventory	21.52	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	80.73	81.98	73.63	67.26	60.98	69.69
Total Current Assets	348.25	300.72	370.96	375.97	316.03	322.21
Property, Plant & Equipment	44.42	44.56	45.22	47.81	55.57	35.84
Long-Term Investments	82.09	73.46	69.99	65.15	62.56	61.06
Total Assets	478.69	422.63	490.72	493.47	439.04	423.88
Accounts Payable	155.96	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	195.35	224.76	203.48	204.33	196.16	170.31
Current Portion of Leases	3.22	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	354.53	293.03	348.92	359.2	291.84	300.27
Long-Term Debt	-	-	12.22	12.15	24.87	19.47
Long-Term Leases	11.03	10.97	15.36	15.69	20.83	2.14
Pension & Post-Retirement Benefits	2.39	2.33	1.95	1.78	1.44	1.36
Total Liabilities	367.95	306.33	378.45	388.82	338.98	323.24
Common Stock	18.84	18.84	18.84	18.84	18.84	18.84
Additional Paid-In Capital	29.67	29.67	29.67	29.67	29.67	29.67
Retained Earnings	37.48	43.35	40.41	36.82	34.43	32.2
Treasury Stock	-2.77	-2.77	-2.77	-2.77	-2.77	-2.77
Comprehensive Income & Other	27.52	27.22	26.12	22.09	19.9	22.7
Shareholders' Equity	110.74	116.31	112.27	104.65	100.06	100.63
Total Liabilities & Equity	478.69	422.63	490.72	493.47	439.04	423.88
Total Debt	209.6	239.97	235.18	237.17	247.43	195.44
Net Cash (Debt)	-153.69	-179.02	-136.28	-156.56	-137.65	-123.88
Net Cash Per Share	-0.85	-0.99	-0.75	-0.87	-0.76	-0.69
Filing Date Shares Outstanding	180.79	180.79	180.79	180.79	180.79	180.79
Total Common Shares Outstanding	180.79	180.79	180.79	180.79	180.79	180.79
Working Capital	-6.28	7.69	22.04	16.77	24.19	21.95
Book Value Per Share	0.61	0.64	0.62	0.58	0.55	0.56
Tangible Book Value	110.74	116.31	112.27	104.65	100.06	100.63
Tangible Book Value Per Share	0.61	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