KWSE:MKHZN Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	12.14	215.77	184.02	123.65	71.1
Short-Term Investments	38.75	107.89	39.64	32.98	30.72
Cash & Short-Term Investments	50.9	323.65	223.66	156.63	101.81
Cash Growth	-84.28%	44.70%	42.80%	53.84%	-42.69%
Accounts Receivable	53.06	230.74	222.6	214.01	91.09
Other Receivables	5.38	9.48	8.79	11.45	8.53
Receivables	58.44	240.22	231.39	225.45	99.62
Inventory	0.35	70.73	58.32	45.25	18.76
Prepaid Expenses	0.94	51.08	52.23	28.62	19.09
Other Current Assets	75.49	108.43	48.82	52.39	35.51
Total Current Assets	186.12	794.11	614.42	508.34	274.81
Property, Plant & Equipment	387.46	1,137	1,039	970.66	735.29
Long-Term Investments	493.86	1,570	1,336	1,238	1,629
Goodwill	3.97	266.71	260.32	258.48	35.92
Other Intangible Assets	-	86.72	91.48	93.06	11.18
Other Long-Term Assets	4.96	55.52	146.99	61.38	28.21
Total Assets	1,077	4,198	3,750	3,349	2,905
Accounts Payable	17.52	163.39	112.65	115.97	59.85
Accrued Expenses	93.8	236.49	234.26	208.66	153.93
Current Portion of Long-Term Debt	1.32	136.11	119.95	51.49	15.22
Current Portion of Leases	4.38	66.7	46.94	34.58	14.86
Current Income Taxes Payable	19.89	34.34	34.56	37.43	28.06
Other Current Liabilities	23.6	122.84	87.9	86.18	49.85
Total Current Liabilities	160.5	759.87	636.26	534.31	321.77
Long-Term Debt	248.46	1,073	981.97	885.87	408.32
Long-Term Leases	24.07	206.58	150.86	133.74	88.81
Long-Term Unearned Revenue	-	-	2.56	8.41	-
Pension & Post-Retirement Benefits	13.34	39.7	35.56	29.17	22.48
Other Long-Term Liabilities	38.06	76.9	45.92	42.72	4.85
Total Liabilities	484.42	2,156	1,853	1,634	846.22
Common Stock	267.61	267.61	267.61	267.61	223.01
Additional Paid-In Capital	209.42	209.42	209.42	209.42	197.02
Retained Earnings	142.6	1,058	1,823	1,739	1,762
Treasury Stock	-40.56	-40.56	-40.56	-40.56	-49.24
Comprehensive Income & Other	-9.21	-477.43	-486.7	-574.05	-120.27
Total Common Equity	569.86	1,017	1,773	1,602	2,013
Minority Interest	22.38	1,025	124.04	113.14	46.51
Shareholders' Equity	592.24	2,042	1,897	1,715	2,059
Total Liabilities & Equity	1,077	4,198	3,750	3,349	2,905
Total Debt	278.22	1,482	1,300	1,106	527.21
Net Cash (Debt)	-227.33	-1,159	-1,076	-949.05	-425.4
Net Cash Per Share	-0.09	-0.47	-0.43	-0.37	-0.17
Filing Date Shares Outstanding	2,552	2,552	2,552	2,552	2,526
Total Common Shares Outstanding	2,552	2,552	2,552	2,552	2,526
Working Capital	25.62	34.24	-21.84	-25.97	-46.96
Book Value Per Share	0.22	0.40	0.69	0.63	0.80
Tangible Book Value	565.89	663.52	1,421	1,250	1,965
Tangible Book Value Per Share	0.22	0.26	0.56	0.49	0.78
Land	17.27	135.22	133.83	90.86	52.03
Machinery	65.99	353.85	353.01	408.2	301.63
Construction In Progress	10.27	68.73	47.48	37.4	28.64

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