KWSE:MARKAZ 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	5.53	9.01	7.09	6.85	17.14	10.5
Short-Term Investments	0.48	0.11	0.1	0.11	0.08	0.1
Trading Asset Securities	79.96	79.95	70.35	83.4	105.07	111.62
Cash & Short-Term Investments	85.97	89.08	77.55	90.35	122.29	122.22
Cash Growth	6.53%	14.87%	-14.17%	-26.11%	0.05%	11.48%
Accounts Receivable	9.22	7.16	6.06	5.98	5.55	3.84
Other Receivables	-	1.62	2.4	1.97	2.48	2.85
Receivables	9.22	8.78	8.46	7.95	8.03	6.68
Prepaid Expenses	-	0.67	0.58	0.59	0.82	0.7
Total Current Assets	95.19	98.52	86.59	98.89	131.13	129.6
Property, Plant & Equipment	4.77	4.91	2.78	3.32	1.58	1.83
Long-Term Investments	69.15	73.42	62.89	37.98	6.12	5.04
Other Long-Term Assets	18.46	18	34.76	30.09	72.63	75.09
Total Assets	187.57	194.86	187.02	170.28	211.47	211.57
Accounts Payable	10.48	2.08	1.71	1.97	3.17	3.59
Accrued Expenses	-	3.08	2.53	2.62	3.72	4.91
Short-Term Debt	-	-	-	-	-	0.46
Current Portion of Long-Term Debt	-	32.25	6.75	1.5	15.48	10.65
Current Portion of Leases	-	0.55	0.52	-	-	-
Other Current Liabilities	0.02	0.43	0.43	0.42	0.44	0.4
Total Current Liabilities	10.5	38.39	11.93	6.51	22.8	20
Long-Term Debt	58.86	25.81	47.34	42.91	48.54	49.63
Long-Term Leases	3.86	3.41	1.42	2.41	1.07	1.16
Pension & Post-Retirement Benefits	-	5.25	4.88	4.74	4.22	3.72
Other Long-Term Liabilities	-	-	3.17	0.88	1.56	1.3
Total Liabilities	73.23	72.85	68.73	57.45	78.19	75.81
Common Stock	50.48	50.48	50.48	50.48	50.48	48.08
Additional Paid-In Capital	7.9	7.9	7.9	7.9	7.9	7.9
Retained Earnings	50.04	56.58	49.67	47.52	45.52	49.36
Treasury Stock	-2.39	-2.05	-1.61	-0.67	-0.31	-0.26
Comprehensive Income & Other	0.87	1.15	0.89	0.83	-0.01	-0.56
Total Common Equity	106.91	114.07	107.33	106.07	103.59	104.52
Minority Interest	7.43	7.94	10.95	6.77	29.68	31.23
Shareholders' Equity	114.34	122.01	118.28	112.83	133.27	135.75
Total Liabilities & Equity	187.57	194.86	187.02	170.28	211.47	211.57
Total Debt	62.73	62.01	56.02	46.83	65.09	61.9
Net Cash (Debt)	23.25	27.06	21.53	43.53	57.2	60.33
Net Cash Growth	-9.24%	25.72%	-50.55%	-23.90%	-5.18%	39.63%
Net Cash Per Share	0.05	0.06	0.04	0.09	0.11	0.12
Filing Date Shares Outstanding	482.71	486.9	489.99	498.12	501.77	502.11
Total Common Shares Outstanding	482.71	486.9	489.99	498.12	501.77	502.11
Working Capital	84.69	60.13	74.66	92.39	108.33	109.6
Book Value Per Share	0.22	0.23	0.22	0.21	0.21	0.21
Tangible Book Value	106.91	114.07	107.33	106.07	103.59	104.52
Tangible Book Value Per Share	0.22	0.23	0.22	0.21	0.21	0.21

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