KWSE:MKHZN 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	14.25	220.63	184.02	123.65	71.1	139.19
Short-Term Investments	24.01	107.89	39.64	32.98	30.72	38.46
Cash & Short-Term Investments	38.26	328.51	223.66	156.63	101.81	177.65
Cash Growth	-85.85%	46.88%	42.80%	53.84%	-42.69%	28.22%
Accounts Receivable	50.62	230.74	222.6	214.01	91.09	365.56
Other Receivables	2.51	9.48	8.79	11.45	8.53	18.42
Receivables	53.13	240.22	231.39	225.45	99.62	383.98
Inventory	0.33	70.73	58.32	45.25	18.76	23.39
Prepaid Expenses	-	51.08	52.23	28.62	19.09	35.53
Other Current Assets	77.83	107.6	48.82	52.39	35.51	40.89
Total Current Assets	169.54	798.14	614.42	508.34	274.81	661.44
Property, Plant & Equipment	105.72	1,137	1,039	970.66	735.29	869.63
Long-Term Investments	377.95	1,565	1,336	1,238	1,629	264.57
Goodwill	3.97	266.79	260.32	258.48	35.92	256.43
Other Intangible Assets	-	86.01	91.48	93.06	11.18	19.94
Other Long-Term Assets	295.55	55.52	146.99	61.38	28.21	25.68
Total Assets	1,100	4,196	3,750	3,349	2,905	2,272
Accounts Payable	170.06	162.08	112.65	115.97	59.85	261.48
Accrued Expenses	-	232.77	234.26	208.66	153.93	165.51
Current Portion of Long-Term Debt	2.33	136.11	119.95	51.49	15.22	24.45
Current Portion of Leases	5.35	66.7	46.94	34.58	14.86	38.66
Current Income Taxes Payable	-	34.34	34.56	37.43	28.06	25.5
Other Current Liabilities	13.39	113.79	87.9	86.18	49.85	32.38
Total Current Liabilities	191.13	745.8	636.26	534.31	321.77	547.98
Long-Term Debt	245.3	1,073	981.97	885.87	408.32	330.94
Long-Term Leases	23.19	206.58	150.86	133.74	88.81	145.81
Long-Term Unearned Revenue	-	0.41	2.56	8.41	-	-
Pension & Post-Retirement Benefits	13.37	53.49	35.56	29.17	22.48	44.16
Other Long-Term Liabilities	2.07	73.33	45.92	42.72	4.85	12.05
Total Liabilities	475.06	2,153	1,853	1,634	846.22	1,081
Common Stock	267.61	267.61	267.61	267.61	223.01	202.74
Additional Paid-In Capital	209.42	209.42	209.42	209.42	197.02	197.02
Retained Earnings	249.01	1,058	1,823	1,739	1,762	850.59
Treasury Stock	-40.56	-40.56	-40.56	-40.56	-49.24	-49.24
Comprehensive Income & Other	-77.69	-477.43	-486.7	-574.05	-120.27	-58.1
Total Common Equity	607.8	1,017	1,773	1,602	2,013	1,143
Minority Interest	16.72	1,027	124.04	113.14	46.51	48.18
Shareholders' Equity	624.52	2,044	1,897	1,715	2,059	1,191
Total Liabilities & Equity	1,100	4,196	3,750	3,349	2,905	2,272
Total Debt	276.17	1,482	1,300	1,106	527.21	539.85
Net Cash (Debt)	-237.91	-1,154	-1,076	-949.05	-425.4	-362.2
Net Cash Per Share	-0.09	-0.46	-0.43	-0.37	-0.17	-0.14
Filing Date Shares Outstanding	2,552	2,552	2,552	2,552	2,526	2,526
Total Common Shares Outstanding	2,552	2,552	2,552	2,552	2,526	2,526
Working Capital	-21.58	52.35	-21.84	-25.97	-46.96	113.46
Book Value Per Share	0.24	0.40	0.69	0.63	0.80	0.45
Tangible Book Value	603.83	664.14	1,421	1,250	1,965	866.63
Tangible Book Value Per Share	0.24	0.26	0.56	0.49	0.78	0.34
Land	-	135.22	133.83	90.86	52.03	165.08
Machinery	-	353.85	353.01	408.2	301.63	390.88
Construction In Progress	-	68.73	47.48	37.4	28.64	40.77

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