KWSE:KCEM 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	9.22	6.7	8.26	13.02	8.72	11.48
Trading Asset Securities	6.05	6.07	0.59	-	-	5.81
Cash & Short-Term Investments	15.27	12.77	8.85	13.02	8.72	17.29
Cash Growth	58.95%	44.29%	-31.98%	49.19%	-49.55%	13.86%
Accounts Receivable	12.24	11.65	12.66	12.23	12.94	11.03
Other Receivables	1.84	1.79	1.74	1.91	2.01	1.98
Receivables	14.88	14.41	15.44	14.57	15.22	13.3
Inventory	17.7	19.29	19.86	17.42	20.27	11.55
Prepaid Expenses	1	0.59	0.58	0.25	0.22	0.19
Other Current Assets	3.71	1.37	1.03	0.83	2.25	0.11
Total Current Assets	52.56	48.43	45.76	46.09	46.68	42.44
Property, Plant & Equipment	139.38	137.24	127.49	128.7	131.93	134.99
Long-Term Investments	136.75	157.36	130.71	115.8	117	116.76
Other Intangible Assets	0	0	0	0	0	0
Other Long-Term Assets	0.77	0.77	0.77	0.77	0.77	0.77
Total Assets	329.46	343.81	304.73	291.37	296.39	294.96
Accounts Payable	12.32	14.9	14.43	12.42	13.17	13.05
Accrued Expenses	2.66	2.29	2.69	2.24	2.55	2.97
Short-Term Debt	0.26	0.41	0.97	0.65	0.88	0.7
Current Portion of Long-Term Debt	14.74	14.31	14.47	11.23	9.34	18.35
Current Portion of Leases	0.54	0.54	0.52	0.5	0.49	0.49
Current Income Taxes Payable	0.26	0.19	0.07	0.01	0.03	-
Other Current Liabilities	6.27	4.94	6.36	6.84	4.63	5.19
Total Current Liabilities	37.06	37.56	39.5	33.89	31.08	40.75
Long-Term Debt	58.75	54	48.35	61.02	64.98	45.45
Long-Term Leases	5.03	5.65	0.94	1.69	2.35	2.86
Pension & Post-Retirement Benefits	4.39	4.37	4.24	3.83	3.65	3.63
Total Liabilities	105.22	101.57	93.04	100.43	102.06	92.69
Common Stock	73.33	73.33	73.33	73.33	73.33	73.33
Additional Paid-In Capital	27.12	27.12	27.12	27.12	27.12	27.12
Retained Earnings	121.77	119.49	116.03	112.75	114.41	113.39
Treasury Stock	-13.55	-13.55	-13.55	-13.55	-13.55	-13.55
Comprehensive Income & Other	15.36	35.62	8.57	-8.88	-7.16	1.8
Total Common Equity	224.03	242.01	211.5	190.77	194.16	202.09
Minority Interest	0.2	0.22	0.19	0.17	0.17	0.17
Shareholders' Equity	224.24	242.23	211.69	190.94	194.33	202.27
Total Liabilities & Equity	329.46	343.81	304.73	291.37	296.39	294.96
Total Debt	79.32	74.9	65.26	75.1	78.03	67.86
Net Cash (Debt)	-64.05	-62.13	-56.41	-62.09	-69.31	-50.57
Net Cash Per Share	-0.09	-0.09	-0.08	-0.09	-0.10	-0.07
Filing Date Shares Outstanding	731.27	731.27	712.97	712.97	712.97	712.97
Total Common Shares Outstanding	731.27	731.27	712.97	712.97	712.97	712.97
Working Capital	15.5	10.87	6.26	12.2	15.6	1.69
Book Value Per Share	0.31	0.33	0.30	0.27	0.27	0.28
Tangible Book Value	224.03	242.01	211.5	190.77	194.16	202.09
Tangible Book Value Per Share	0.31	0.33	0.30	0.27	0.27	0.28
Land	-	58.84	58.65	58.55	58.48	57.63
Machinery	-	228.27	228.63	228.43	230.17	230.04
Construction In Progress	-	8.97	2.15	0.08	0.16	0.52

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