KWSE:NICBM 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	2.65	2.98	2.85	3.61	8.8
Short-Term Investments	18.21	16.8	20.05	12.55	6.05
Trading Asset Securities	3.71	3.11	2.81	3.02	3.05
Cash & Short-Term Investments	24.58	22.88	25.71	19.18	17.9
Cash Growth	7.40%	-10.99%	34.03%	7.13%	16.42%
Accounts Receivable	9.41	8.32	9.96	9.75	7.07
Other Receivables	2.51	3.39	2.86	3.14	2.48
Receivables	11.92	11.72	12.82	12.89	9.55
Inventory	22.55	24.38	22.89	25.83	24.04
Prepaid Expenses	1.34	1	1.08	0.69	0.54
Other Current Assets	0.56	1.11	0.28	1.12	4.3
Total Current Assets	60.94	61.08	62.78	59.72	56.33
Property, Plant & Equipment	21.48	19.44	20.9	22.63	24.43
Long-Term Investments	27.77	28.67	25.37	26.45	30.5
Other Long-Term Assets	14.67	14.01	8.68	8.6	8.35
Total Assets	124.87	123.2	117.72	117.39	119.61
Accounts Payable	5.7	4.22	5.49	5.39	3.41
Accrued Expenses	9.36	8.09	7.1	5.64	5
Short-Term Debt	1.36	2.21	0.95	0.8	1.53
Current Portion of Leases	0.65	0.59	1.48	1.07	1.01
Current Unearned Revenue	0.04	0.07	0.04	0.07	0.15
Other Current Liabilities	3.73	4.95	7.51	7.16	6.74
Total Current Liabilities	20.83	20.12	22.57	20.13	17.84
Long-Term Leases	2.4	0.62	0.16	1.2	2.02
Pension & Post-Retirement Benefits	8.12	8.04	7.41	7.37	7.15
Other Long-Term Liabilities	0.57	0.56	0.55	0.55	0.53
Total Liabilities	31.93	29.34	30.69	29.25	27.55
Common Stock	35.09	35.09	35.09	35.09	35.09
Additional Paid-In Capital	32.57	32.57	32.57	32.57	32.57
Retained Earnings	16.22	16.04	12.62	11.88	11
Treasury Stock	-1.07	-0.3	-0.17	-0.22	-0.24
Comprehensive Income & Other	8.78	9.63	5.49	7	10.14
Total Common Equity	91.58	93.03	85.59	86.31	88.56
Minority Interest	1.36	0.84	1.44	1.83	3.51
Shareholders' Equity	92.94	93.87	87.03	88.14	92.06
Total Liabilities & Equity	124.87	123.2	117.72	117.39	119.61
Total Debt	4.41	3.41	2.59	3.07	4.55
Net Cash (Debt)	20.16	19.47	23.12	16.11	13.35
Net Cash Growth	3.54%	-15.77%	43.48%	20.71%	40.82%
Net Cash Per Share	0.06	0.06	0.07	0.05	0.04
Filing Date Shares Outstanding	355.11	349.14	359.23	359.12	358.92
Total Common Shares Outstanding	355.11	349.14	359.23	359.12	358.92
Working Capital	40.11	40.96	40.21	39.58	38.49
Book Value Per Share	0.26	0.27	0.24	0.24	0.25
Tangible Book Value	91.58	93.03	85.59	86.31	88.56
Tangible Book Value Per Share	0.26	0.27	0.24	0.24	0.25
Buildings	34.08	33.98	33.79	33.67	33.3
Machinery	79.99	77.79	77.65	76.49	74.13
Construction In Progress	0.18	0.75	0.53	0.74	1.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.