KWSE:MEZZAN 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	23.72	20.23	19.18	28.07	20.46	19.31
Cash & Short-Term Investments	23.72	20.23	19.18	28.07	20.46	19.31
Cash Growth	0.10%	5.51%	-31.69%	37.23%	5.92%	-1.52%
Accounts Receivable	96.08	53.97	48.83	53.45	50.75	52.86
Other Receivables	-	5.06	4.06	3.36	3	3.36
Receivables	96.08	59.03	52.89	56.81	53.75	56.22
Inventory	57.59	69.25	68.88	57.44	59.6	54.81
Prepaid Expenses	-	-	-	-	-	1.32
Other Current Assets	-	23.33	21.11	14.6	13.06	12.92
Total Current Assets	177.39	171.84	162.06	156.93	146.85	144.59
Property, Plant & Equipment	98.41	96.26	84.45	80.75	81.67	80.83
Long-Term Investments	3.35	3.29	4.07	3.33	3.93	4.39
Goodwill	-	23.18	23.27	23.22	23.21	23.08
Other Intangible Assets	36.27	13.08	13.27	12.22	11.8	10.02
Other Long-Term Assets	4.84	4.86	4.88	4.74	4.63	4.57
Total Assets	320.25	312.51	292	281.19	272.1	267.47
Accounts Payable	65.15	41	41.95	38.32	39.95	41.6
Accrued Expenses	-	23.37	22.36	19.73	20.08	13.9
Short-Term Debt	4.66	1.55	1.06	10.79	14.49	3.9
Current Portion of Long-Term Debt	81.52	84.45	81.17	76.41	70.21	68.42
Current Portion of Leases	0.94	1.02	1.32	1.22	1.37	1.48
Current Income Taxes Payable	-	0.19	0.15	-	-	-
Other Current Liabilities	-	1.91	2.28	4.56	3.98	5.01
Total Current Liabilities	152.27	153.49	150.29	151.03	150.07	134.31
Long-Term Debt	9.72	8.51	2.08	-	-	-
Long-Term Leases	1.8	2.04	1.58	2.02	1.93	2.33
Pension & Post-Retirement Benefits	10.06	9.97	8.86	8.64	8.74	8.76
Other Long-Term Liabilities	-	-	-	-	-	2
Total Liabilities	173.85	174.01	162.81	161.69	160.74	147.4
Common Stock	31.13	31.13	31.13	31.13	31.13	31.13
Retained Earnings	109.24	101.28	91.55	82.64	74.82	85.42
Treasury Stock	-0.48	-0	-	-0.43	-0.27	-2.34
Comprehensive Income & Other	-3.63	-3.8	-2.41	-3.37	-2.91	-2.78
Total Common Equity	136.26	128.6	120.28	109.97	102.77	111.43
Minority Interest	10.14	9.89	8.92	9.53	8.58	8.64
Shareholders' Equity	146.4	138.5	129.2	119.5	111.35	120.07
Total Liabilities & Equity	320.25	312.51	292	281.19	272.1	267.47
Total Debt	98.63	97.57	87.21	90.44	87.99	76.13
Net Cash (Debt)	-74.91	-77.34	-68.04	-62.36	-67.53	-56.82
Net Cash Per Share	-0.24	-0.25	-0.22	-0.20	-0.22	-0.19
Filing Date Shares Outstanding	311.09	311.32	311.33	310.17	310.58	307.5
Total Common Shares Outstanding	311.09	311.32	311.33	310.17	310.58	307.5
Working Capital	25.11	18.36	11.77	5.9	-3.22	10.27
Book Value Per Share	0.44	0.41	0.39	0.35	0.33	0.36
Tangible Book Value	99.99	92.35	83.73	74.53	67.76	78.33
Tangible Book Value Per Share	0.32	0.30	0.27	0.24	0.22	0.25
Land	-	13.48	13.52	14.2	14.19	12.64
Buildings	-	70.41	69.63	66.42	63.91	61.5
Machinery	-	90.41	88.12	91.46	89.8	86.29
Construction In Progress	-	26.08	13.25	8.6	9.97	8.86

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