Mabanee Company K.P.S.C. 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
Property, Plant & Equipment	1,807	1,690	1,288	1,060	933.24	884.87
Cash & Equivalents	47.43	75.55	138.05	163.88	99.72	139.22
Accounts Receivable	79.35	4.65	8	11.73	5.79	5.64
Other Receivables	-	49.68	23.38	6.24	4.88	1.56
Investment In Debt and Equity Securities	1.87	1.87	1.85	1.91	1.92	1.9
Other Current Assets	45.53	2.05	8.73	6.86	0.8	2.78
Other Long-Term Assets	128.65	127.53	116.58	106.96	88.4	49.78
Total Assets	2,109	1,951	1,584	1,358	1,135	1,086
Current Portion of Long-Term Debt	41.48	27.85	83.79	37.29	37.21	50.41
Current Portion of Leases	1.7	0.42	8.82	8.79	5.89	5.94
Long-Term Debt	910.12	835.49	580.49	507.86	351.83	335.19
Long-Term Leases	64.63	65.19	13.22	9.01	12.57	17.91
Accounts Payable	98.53	3.1	3.55	1.32	1.51	1.42
Current Income Taxes Payable	-	4.13	3.15	3.08	2.83	2.54
Current Unearned Revenue	0.71	4.2	6.62	5.84	7.79	10.34
Other Current Liabilities	-	59.09	46.27	39.16	23.07	32.47
Other Long-Term Liabilities	97.26	86.61	56.43	37.75	34.76	22.54
Total Liabilities	1,268	1,109	831.43	657.21	480.92	481.36
Common Stock	156.76	147.89	139.52	131.62	124.17	117.14
Additional Paid-In Capital	16.55	16.55	16.55	16.51	16.52	16.51
Retained Earnings	544.61	566.25	509.71	470.82	430.58	392.93
Comprehensive Income & Other	6.29	4.84	3.73	1.21	3.93	2.73
Total Common Equity	724.21	735.53	669.5	620.15	575.2	529.31
Minority Interest	117.25	106.43	83.44	80.7	78.63	75.08
Shareholders' Equity	841.46	841.96	752.94	700.85	653.83	604.39
Total Liabilities & Equity	2,109	1,951	1,584	1,358	1,135	1,086
Total Debt	1,064	944.96	709.01	565.99	407.5	409.45
Net Cash (Debt)	-1,016	-869.42	-570.96	-402.12	-307.78	-270.23
Net Cash Per Share	-0.65	-0.55	-0.36	-0.26	-0.20	-0.17
Filing Date Shares Outstanding	1,568	1,568	1,568	1,568	1,568	1,568
Total Common Shares Outstanding	1,568	1,568	1,568	1,568	1,568	1,568
Book Value Per Share	0.46	0.47	0.43	0.40	0.37	0.34
Tangible Book Value	724.21	735.53	669.5	620.15	575.2	529.31
Tangible Book Value Per Share	0.46	0.47	0.43	0.40	0.37	0.34
Land	-	5.65	5.65	5.65	5.65	5.64
Buildings	-	139.55	139.55	139.55	140.06	57.34
Construction In Progress	996.15	873.54	497.24	257.51	114.87	135.87