KWSE:MASHAER 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	0.72	0.5	0.95	0.41	0.47	0.4
Short-Term Investments	5.06	2.1	1.63	1.73	1	0.61
Cash & Short-Term Investments	5.78	2.61	2.58	2.14	1.47	1.01
Cash Growth	165.33%	0.89%	20.79%	45.61%	45.39%	-53.75%
Accounts Receivable	0.36	0.13	0.06	0.11	0.76	0.24
Other Receivables	-	0.02	0.02	1.11	-	0.02
Receivables	0.36	0.15	0.09	1.22	0.76	0.26
Prepaid Expenses	-	0.04	0.05	0.13	-	0.16
Other Current Assets	-	0.14	0.21	0.3	-	0.7
Total Current Assets	6.14	2.94	2.94	3.79	2.23	2.13
Property, Plant & Equipment	13.67	13.67	13.66	15.03	17.34	19.29
Long-Term Investments	3.83	4.87	4.57	2.93	1.54	2.16
Other Long-Term Assets	-	-	0.11	-	0.2	-
Total Assets	23.63	21.48	21.27	21.75	21.3	23.58
Accounts Payable	1.11	0.25	0.22	0.28	0.21	0.28
Accrued Expenses	-	0.94	1.3	0.71	0.91	1.56
Current Portion of Long-Term Debt	3.82	2.28	1.28	0.29	0.55	0.53
Current Portion of Leases	-	-	-	0.34	0.34	0.34
Current Unearned Revenue	-	0.01	0.02	0	0.06	0.01
Other Current Liabilities	0.01	0.17	0.88	0.4	0.46	0.56
Total Current Liabilities	4.94	3.66	3.71	2.02	2.53	3.29
Long-Term Debt	-	-	1.32	1.59	1.62	2.19
Pension & Post-Retirement Benefits	0.64	0.61	0.57	0.53	0.41	0.38
Total Liabilities	5.58	4.27	5.59	4.14	4.55	5.86
Common Stock	16.36	16.36	16.36	17.94	17.94	17.94
Additional Paid-In Capital	5.28	5.28	5.28	5.28	10.24	10.24
Retained Earnings	5.42	4.53	3.03	1.73	-4.78	-6.32
Treasury Stock	-0.21	-0.21	-0.21	-0.21	-0.21	-0.21
Comprehensive Income & Other	-9.76	-9.7	-9.69	-8.65	-8.54	-6.24
Total Common Equity	17.08	16.26	14.77	16.09	14.65	15.42
Minority Interest	0.97	0.96	0.91	1.52	2.1	2.3
Shareholders' Equity	18.05	17.21	15.68	17.61	16.75	17.72
Total Liabilities & Equity	23.63	21.48	21.27	21.75	21.3	23.58
Total Debt	3.82	2.28	2.59	2.22	2.51	3.06
Net Cash (Debt)	1.96	0.33	-0.01	-0.08	-1.04	-2.05
Net Cash Per Share	0.01	0.00	-0.00	-0.00	-0.01	-0.01
Filing Date Shares Outstanding	160.43	160.41	160.41	176.27	176.27	176.27
Total Common Shares Outstanding	160.43	160.41	160.41	176.27	176.27	176.27
Working Capital	1.19	-0.72	-0.77	1.76	-0.3	-1.16
Book Value Per Share	0.11	0.10	0.09	0.09	0.08	0.09
Tangible Book Value	17.08	16.26	14.77	16.09	14.65	15.42
Tangible Book Value Per Share	0.11	0.10	0.09	0.09	0.08	0.09