KWSE:NRE 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
Property, Plant & Equipment	10.53	10.53	10.03	10.34	10.28
Cash & Equivalents	19.15	25.13	9.8	11.65	11.68
Accounts Receivable	4.38	5.22	8.34	9.54	16.82
Other Receivables	3.73	3.27	3.45	5.31	2.68
Investment In Debt and Equity Securities	4.51	5.96	4.84	-	-
Other Current Assets	37.54	36.22	40.38	47.43	61.95
Trading Asset Securities	24.17	21.25	18.7	16.59	15.44
Other Long-Term Assets	439.61	466.43	437.62	437.9	535.3
Total Assets	543.63	574.01	533.17	538.75	654.15
Current Portion of Long-Term Debt	21.18	22.7	14.53	3.97	20.23
Current Portion of Leases	0	0	0.01	0.24	0.22
Long-Term Debt	132.7	119.65	117.9	123.6	105.35
Long-Term Leases	0.74	0.85	0.35	0.4	0.21
Accounts Payable	10.43	9.88	8.78	8.71	9.08
Accrued Expenses	6.05	6.16	4.28	5.32	10.87
Long-Term Unearned Revenue	28.65	25.82	23.95	23.53	29.72
Other Long-Term Liabilities	11.74	10.62	12.02	12.11	23.45
Total Liabilities	212.59	196.63	182.69	179.02	200.16
Common Stock	218.44	208.03	198.13	198.13	165.11
Additional Paid-In Capital	5.27	5.27	5.27	5.27	5.27
Retained Earnings	190.36	273.14	274.2	309.38	325.45
Treasury Stock	-10.71	-10.32	-14.03	-17.34	-14.35
Comprehensive Income & Other	-75.84	-102.26	-117.28	-140.71	-33.26
Total Common Equity	327.5	373.86	346.28	354.73	448.21
Minority Interest	3.53	3.52	4.2	5	5.78
Shareholders' Equity	331.04	377.38	350.48	359.73	453.99
Total Liabilities & Equity	543.63	574.01	533.17	538.75	654.15
Total Debt	154.62	143.2	132.78	128.21	126
Net Cash (Debt)	-111.3	-96.82	-104.28	-99.98	-98.88
Net Cash Per Share	-0.06	-0.05	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	2,098	2,103	2,074	2,049	2,051
Total Common Shares Outstanding	2,098	2,103	2,074	2,049	2,051
Book Value Per Share	0.16	0.18	0.17	0.17	0.22
Tangible Book Value	327.5	373.86	346.28	354.73	448.21
Tangible Book Value Per Share	0.16	0.18	0.17	0.17	0.22
Buildings	-	-	-	3.3	3.38

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