National Investments Company K.S.C.P. (KWSE:NINV)

KWSE:NINV Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16.34	15.77	20.4	32.4	39.37	13.57
Trading Asset Securities	138.39	120.43	97.51	91.06	99.52	89.24
Cash & Short-Term Investments	154.72	136.2	117.91	123.45	138.89	102.81
Cash Growth	26.90%	15.51%	-4.49%	-11.11%	35.09%	11.70%
Accounts Receivable	0.82	1.67	1.02	1.06	2.17	0.89
Other Receivables	-	0.43	0.45	0.65	0.78	2.05
Receivables	0.82	2.1	1.47	1.71	2.95	2.93
Inventory	0.27	0.27	0.27	0.28	0.28	0.28
Other Current Assets	18.55	12.05	16.88	12.95	12.97	0.75
Total Current Assets	174.36	150.62	136.54	138.39	155.1	106.78
Long-Term Investments	75.99	75.34	66.72	92.12	103.25	79.54
Goodwill	1.71	1.71	1.71	1.71	-	-
Other Intangible Assets	1	1.12	1.2	1.31	0.96	1.15
Other Long-Term Assets	91.23	54.53	42.86	37.08	31.21	33.92
Total Assets	344.35	283.55	249.3	270.95	290.57	221.39
Accounts Payable	12.53	3.7	1.63	4.45	5.18	3.37
Accrued Expenses	-	8.25	6.18	5.98	6.7	4.78
Current Portion of Long-Term Debt	21.91	16.64	16.66	8.9	6.79	5.32
Other Current Liabilities	-	2.56	2.78	4.53	2.65	2.29
Total Current Liabilities	34.45	31.14	27.25	23.86	21.31	15.77
Long-Term Debt	59.3	37.1	30.75	30.1	33.69	14.2
Total Liabilities	93.75	68.24	58	53.96	55	29.97
Common Stock	79.79	79.79	79.79	79.79	79.79	79.79
Additional Paid-In Capital	42.63	42.63	49.59	49.59	49.59	49.59
Retained Earnings	38.84	35.45	16.61	34.65	58.7	39.18
Treasury Stock	-0.24	-0.24	-0.24	-0.24	-	-
Comprehensive Income & Other	69.98	39.77	27.51	35.03	28.7	6.43
Total Common Equity	231.01	197.4	173.26	198.82	216.78	174.98
Minority Interest	19.59	17.91	18.04	18.17	18.79	16.44
Shareholders' Equity	250.6	215.31	191.3	216.99	235.57	191.43
Total Liabilities & Equity	344.35	283.55	249.3	270.95	290.57	221.39
Total Debt	81.22	53.74	47.41	39	40.48	19.52
Net Cash (Debt)	73.51	82.46	70.5	84.45	98.4	83.29
Net Cash Growth	8.09%	16.97%	-16.52%	-14.18%	18.15%	-2.60%
Net Cash Per Share	0.09	0.10	0.09	0.11	0.12	0.10
Filing Date Shares Outstanding	797.02	797.02	797.02	797.02	797.86	797.86
Total Common Shares Outstanding	797.02	797.02	797.02	797.02	797.86	797.86
Working Capital	139.91	119.47	109.28	114.53	133.78	91.01
Book Value Per Share	0.29	0.25	0.22	0.25	0.27	0.22
Tangible Book Value	228.3	194.58	170.35	195.8	215.82	173.83
Tangible Book Value Per Share	0.29	0.24	0.21	0.25	0.27	0.22

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