KWSE:NRE 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
Property, Plant & Equipment	10.64	10.53	10.03	10.34	10.28	20.89
Cash & Equivalents	11.61	25.13	9.8	11.65	11.68	13.35
Accounts Receivable	12.53	5.22	8.34	9.54	16.82	13.17
Other Receivables	-	3.27	3.45	5.31	2.68	3.94
Investment In Debt and Equity Securities	6.83	5.96	4.84	-	-	-
Other Current Assets	35.11	36.22	40.38	47.43	61.95	77.33
Trading Asset Securities	23.21	21.25	18.7	16.59	15.44	17.12
Other Long-Term Assets	395.96	466.43	437.62	437.9	535.3	345.33
Total Assets	495.9	574.01	533.17	538.75	654.15	491.12
Current Portion of Long-Term Debt	-	22.7	14.53	3.97	20.23	6.54
Current Portion of Leases	-	0	0.01	0.24	0.22	0.19
Long-Term Debt	149.87	119.65	117.9	123.6	105.35	122.22
Long-Term Leases	0.75	0.85	0.35	0.4	0.21	0.45
Accounts Payable	54.95	9.88	8.78	8.71	9.08	8.84
Accrued Expenses	-	6.16	4.28	5.32	10.87	4.96
Long-Term Unearned Revenue	-	25.82	23.95	23.53	29.72	36.44
Other Long-Term Liabilities	-	10.62	12.02	12.11	23.45	27.17
Total Liabilities	206.67	196.63	182.69	179.02	200.16	207.73
Common Stock	218.44	208.03	198.13	198.13	165.11	157.24
Additional Paid-In Capital	5.27	5.27	5.27	5.27	5.27	5.27
Retained Earnings	217.56	273.14	274.2	309.38	325.45	138.21
Treasury Stock	-10.71	-10.32	-14.03	-17.34	-14.35	-7.86
Comprehensive Income & Other	-144.62	-102.26	-117.28	-140.71	-33.26	-19.25
Total Common Equity	285.93	373.86	346.28	354.73	448.21	273.61
Minority Interest	3.3	3.52	4.2	5	5.78	9.79
Shareholders' Equity	289.23	377.38	350.48	359.73	453.99	283.4
Total Liabilities & Equity	495.9	574.01	533.17	538.75	654.15	491.12
Total Debt	150.62	143.2	132.78	128.21	126	129.4
Net Cash (Debt)	-115.79	-96.82	-104.28	-99.98	-98.88	-98.93
Net Cash Per Share	-0.06	-0.05	-0.05	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	2,098	2,103	2,074	2,049	2,051	2,091
Total Common Shares Outstanding	2,098	2,103	2,074	2,049	2,051	2,091
Book Value Per Share	0.14	0.18	0.17	0.17	0.22	0.13
Tangible Book Value	285.93	373.86	346.28	354.73	448.21	273.61
Tangible Book Value Per Share	0.14	0.18	0.17	0.17	0.22	0.13
Buildings	-	-	-	3.3	3.38	3.37
Construction In Progress	-	-	-	-	-	9.57

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