KWSE:NRE Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2.98	10.53	10.53	10.03	10.34	10.28
Cash & Equivalents	14.43	19.15	25.13	9.8	11.65	11.68
Accounts Receivable	7.99	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	4.04	4.51	5.96	4.84	-	-
Other Current Assets	62.69	37.54	36.22	40.38	47.43	61.95
Trading Asset Securities	25.05	24.17	21.25	18.7	16.59	15.44
Other Long-Term Assets	353.84	439.61	466.43	437.62	437.9	535.3
Total Assets	471.02	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	151.99	132.7	119.65	117.9	123.6	105.35
Long-Term Leases	0.72	0.74	0.85	0.35	0.4	0.21
Accounts Payable	56.78	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	210.63	212.59	196.63	182.69	179.02	200.16
Common Stock	218.44	218.44	208.03	198.13	198.13	165.11
Additional Paid-In Capital	5.27	5.27	5.27	5.27	5.27	5.27
Retained Earnings	136.44	190.36	273.14	274.2	309.38	325.45
Treasury Stock	-11.55	-10.71	-10.32	-14.03	-17.34	-14.35
Comprehensive Income & Other	-91.65	-75.84	-102.26	-117.28	-140.71	-33.26
Total Common Equity	256.95	327.5	373.86	346.28	354.73	448.21
Minority Interest	3.44	3.53	3.52	4.2	5	5.78
Shareholders' Equity	260.39	331.04	377.38	350.48	359.73	453.99
Total Liabilities & Equity	471.02	543.63	574.01	533.17	538.75	654.15
Total Debt	152.72	154.62	143.2	132.78	128.21	126
Net Cash (Debt)	-113.24	-111.3	-96.82	-104.28	-99.98	-98.88
Net Cash Per Share	-0.06	-0.06	-0.05	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	2,086	2,098	2,103	2,074	2,049	2,051
Total Common Shares Outstanding	2,086	2,098	2,103	2,074	2,049	2,051
Book Value Per Share	0.12	0.16	0.18	0.17	0.17	0.22
Tangible Book Value	256.95	327.5	373.86	346.28	354.73	448.21
Tangible Book Value Per Share	0.12	0.16	0.18	0.17	0.17	0.22
Buildings	-	-	-	-	3.3	3.38