KWSE:NAPESCO 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	4.55	5.24	2.66	2.18	2.2	2.04
Short-Term Investments	27.71	19.9	14.84	17.33	14.96	13.11
Trading Asset Securities	0	0	0.61	0.61	1.41	0.94
Cash & Short-Term Investments	32.26	25.14	18.11	20.12	18.56	16.09
Cash Growth	62.99%	38.82%	-9.99%	8.44%	15.35%	-18.49%
Accounts Receivable	13.26	11.28	12.66	13.37	12.71	14.3
Other Receivables	0.39	0.52	0.67	0.39	0.35	0.38
Receivables	13.65	11.8	13.33	13.75	13.06	14.68
Inventory	6.73	6.44	4.53	5.48	4.24	5.02
Other Current Assets	1.16	1.26	1.07	1.11	1.93	1.91
Total Current Assets	53.8	44.64	37.04	40.46	37.79	37.71
Property, Plant & Equipment	15.2	15.99	14.24	12.69	9.65	10.63
Long-Term Investments	19.31	18.99	19.39	-	-	-
Other Long-Term Assets	-	-	0.02	-	-	-
Total Assets	88.31	79.62	70.68	53.15	47.44	48.34
Accounts Payable	3.97	3.88	2.02	1.42	1.49	0.78
Accrued Expenses	4.27	4.64	4.15	2.75	2.02	3.13
Current Portion of Leases	0.11	0.06	0.23	0.21	0.18	0.28
Current Income Taxes Payable	0.16	0.72	0.44	0.35	0.24	0.31
Current Unearned Revenue	0.52	0.44	0.49	1.84	0.87	-
Other Current Liabilities	2.26	1.15	4.55	0.69	0.69	0.54
Total Current Liabilities	11.27	10.89	11.88	7.27	5.5	5.04
Long-Term Leases	0.21	-	0.05	0.16	0.07	0.15
Pension & Post-Retirement Benefits	3.84	3.27	2.78	3.45	3.02	2.92
Total Liabilities	15.33	14.16	14.72	10.89	8.6	8.11
Common Stock	10	10	10	10	10	10
Additional Paid-In Capital	3.34	3.34	3.34	3.34	3.34	3.34
Retained Earnings	48.66	42.29	34.36	29.59	26.16	27.53
Treasury Stock	-6	-6	-6	-0.65	-0.65	-0.65
Comprehensive Income & Other	-0.27	-0.27	-0.02	-0.02	-0.01	0.01
Total Common Equity	55.73	49.36	41.68	42.26	38.84	40.23
Minority Interest	17.25	16.1	14.28	0	0	0
Shareholders' Equity	72.98	65.46	55.97	42.26	38.84	40.23
Total Liabilities & Equity	88.31	79.62	70.68	53.15	47.44	48.34
Total Debt	0.32	0.06	0.29	0.38	0.25	0.43
Net Cash (Debt)	31.94	25.08	17.83	19.75	18.31	15.66
Net Cash Growth	62.23%	40.70%	-9.72%	7.85%	16.94%	-19.18%
Net Cash Per Share	0.35	0.28	0.18	0.20	0.19	0.16
Filing Date Shares Outstanding	90.34	90.34	90.34	97	97	97
Total Common Shares Outstanding	90.34	90.34	90.34	97	97	97
Working Capital	42.53	33.75	25.16	33.19	32.29	32.67
Book Value Per Share	0.62	0.55	0.46	0.44	0.40	0.41
Tangible Book Value	55.73	49.36	41.68	42.26	38.84	40.23
Tangible Book Value Per Share	0.62	0.55	0.46	0.44	0.40	0.41
Buildings	-	6.57	4.88	3.24	2.99	2.83
Machinery	-	38.84	36.98	32.17	28.19	28.63

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.