KWSE:MARKAZ Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	7.04	7.09	6.85	17.14	10.5	19.37
Short-Term Investments	0.09	0.1	0.11	0.08	0.1	0.06
Trading Asset Securities	77.74	70.35	83.4	105.07	111.62	90.2
Cash & Short-Term Investments	84.86	77.55	90.35	122.29	122.22	109.64
Cash Growth	-12.43%	-14.17%	-26.11%	0.05%	11.48%	-2.94%
Accounts Receivable	8.63	6.06	5.98	5.55	3.84	2.92
Other Receivables	-	2.4	1.97	2.48	2.85	3.57
Receivables	8.63	8.46	7.95	8.03	6.68	6.48
Prepaid Expenses	-	0.58	0.59	0.82	0.7	0.58
Total Current Assets	93.49	86.59	98.89	131.13	129.6	116.7
Property, Plant & Equipment	4.93	2.78	3.32	1.58	1.83	1.26
Long-Term Investments	73.87	62.89	37.98	6.12	5.04	8.81
Other Long-Term Assets	27.26	34.76	30.09	72.63	75.09	75.4
Total Assets	199.55	187.02	170.28	211.47	211.57	202.17
Accounts Payable	8.79	1.71	1.97	3.17	3.59	2.62
Accrued Expenses	1.27	2.53	2.62	3.72	4.91	2.78
Short-Term Debt	-	-	-	-	0.46	0.65
Current Portion of Long-Term Debt	35	41.75	1.5	15.48	10.65	10.2
Other Current Liabilities	-	0.43	0.42	0.44	0.4	0.45
Total Current Liabilities	45.6	46.42	6.51	22.8	20	16.69
Long-Term Debt	28.72	12.34	42.91	48.54	49.63	55.23
Long-Term Leases	3.5	1.93	2.41	1.07	1.16	0.35
Pension & Post-Retirement Benefits	-	4.88	4.74	4.22	3.72	3.5
Other Long-Term Liabilities	0.06	3.17	0.88	1.56	1.3	0.61
Total Liabilities	77.87	68.73	57.45	78.19	75.81	76.38
Common Stock	50.48	50.48	50.48	50.48	48.08	48.08
Additional Paid-In Capital	7.9	7.9	7.9	7.9	7.9	7.9
Retained Earnings	55.61	49.67	47.52	45.52	49.36	35.16
Treasury Stock	-1.89	-1.61	-0.67	-0.31	-0.26	-0.26
Comprehensive Income & Other	0.71	0.89	0.83	-0.01	-0.56	0.35
Total Common Equity	112.82	107.33	106.07	103.59	104.52	91.23
Minority Interest	8.86	10.95	6.77	29.68	31.23	34.57
Shareholders' Equity	121.68	118.28	112.83	133.27	135.75	125.79
Total Liabilities & Equity	199.55	187.02	170.28	211.47	211.57	202.17
Total Debt	67.76	56.02	46.83	65.09	61.9	66.43
Net Cash (Debt)	17.11	21.53	43.53	57.2	60.33	43.2
Net Cash Growth	-60.21%	-50.55%	-23.90%	-5.18%	39.63%	-5.46%
Net Cash Per Share	0.03	0.04	0.09	0.11	0.12	0.09
Filing Date Shares Outstanding	487.96	489.99	498.12	501.77	502.11	502.11
Total Common Shares Outstanding	487.96	489.99	498.12	501.77	502.11	502.11
Working Capital	47.9	40.17	92.39	108.33	109.6	100.01
Book Value Per Share	0.23	0.22	0.21	0.21	0.21	0.18
Tangible Book Value	112.82	107.33	106.07	103.59	104.52	91.23
Tangible Book Value Per Share	0.23	0.22	0.21	0.21	0.21	0.18

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