ROIC 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	Jun '25 Jun 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
Cash & Equivalents	233.54	280.7	233.16	158.51	124.41	104.3
Cash & Short-Term Investments	233.54	280.7	233.16	158.51	124.41	104.3
Cash Growth	34.79%	20.39%	47.10%	27.41%	19.28%	15.30%
Accounts Receivable	201.79	137	144.15	145.43	129.46	119.91
Other Receivables	-	13.92	4.99	5.86	4.02	7.01
Receivables	201.79	150.92	149.13	151.29	133.48	126.91
Inventory	8.16	10.58	11.25	15.15	11.93	13.01
Other Current Assets	6.15	30.18	29.08	29.33	33.56	27.79
Total Current Assets	449.64	472.38	422.62	354.27	303.37	272.01
Property, Plant & Equipment	633.1	590.08	562.86	539.47	549.52	602.15
Long-Term Investments	2.08	1.54	1.09	1.21	1.6	1.92
Goodwill	-	115.11	127.52	148.53	158.94	170.38
Other Intangible Assets	221.07	84.29	89.73	110.97	123.89	143.05
Long-Term Deferred Tax Assets	26.88	26.29	27.12	26.56	25.19	23.84
Long-Term Deferred Charges	1.65	1.51	2.09	1.85	1.79	3.43
Other Long-Term Assets	24.38	13.46	13.66	7.58	7.2	5.03
Total Assets	1,359	1,305	1,247	1,190	1,172	1,222
Accounts Payable	96.91	98.25	86.54	84.34	83.9	90.56
Accrued Expenses	168.91	162.82	168.88	179.31	207.22	195.56
Short-Term Debt	-	10	-	-	-	-
Current Portion of Long-Term Debt	12.9	3.57	6.81	7.87	16.47	28.54
Current Portion of Leases	30.92	28.51	24.5	22.45	20.14	18
Current Income Taxes Payable	38.77	47.78	42.45	34.85	10.55	7.94
Current Unearned Revenue	48.82	43.37	42.05	38.92	37.12	41.34
Other Current Liabilities	41.2	34.19	34.63	37.8	17.92	17.46
Total Current Liabilities	438.42	428.51	405.85	405.54	393.32	399.39
Long-Term Debt	32.67	35.22	7.06	7.87	12.7	33.49
Long-Term Leases	164.87	143.34	123.6	102.97	100.71	107.85
Long-Term Unearned Revenue	1.37	1.21	1.13	0.88	0.83	0.69
Other Long-Term Liabilities	20.67	18.36	11.79	25.65	18.58	15.64
Total Liabilities	672.13	639.88	561.89	554.97	538.78	570.04
Common Stock	50.4	50.4	50.4	50.4	50.4	50.4
Additional Paid-In Capital	73.55	73.55	73.55	73.55	73.55	73.55
Retained Earnings	769.28	772.82	793.68	756.05	734.24	722.63
Treasury Stock	-3.6	-3.6	-3.6	-3.6	-3.6	-3.6
Comprehensive Income & Other	-306.36	-330.39	-323.71	-329.93	-315.85	-291.28
Total Common Equity	583.27	562.78	590.32	546.47	538.75	551.7
Minority Interest	103.41	102	94.48	89	93.99	100.07
Shareholders' Equity	686.67	664.78	684.8	635.48	632.74	651.77
Total Liabilities & Equity	1,359	1,305	1,247	1,190	1,172	1,222
Total Debt	241.36	220.66	161.96	141.16	150.02	187.87
Net Cash (Debt)	-7.81	60.05	71.21	17.35	-25.61	-83.56
Net Cash Growth	-	-15.67%	310.43%	-	-	-
Net Cash Per Share	-0.02	0.12	0.14	0.03	-0.05	-0.17
Filing Date Shares Outstanding	501.16	501.16	501.16	501.16	501.16	501.16
Total Common Shares Outstanding	501.16	501.16	501.16	501.16	501.16	501.16
Working Capital	11.22	43.88	16.77	-51.26	-89.95	-127.38
Book Value Per Share	1.16	1.12	1.18	1.09	1.08	1.10
Tangible Book Value	362.19	363.39	373.07	286.97	255.92	238.27
Tangible Book Value Per Share	0.72	0.73	0.74	0.57	0.51	0.48
Land	-	73.85	70.15	65.16	64.47	64.83
Construction In Progress	-	52.84	64.03	61.35	61.42	74.68

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.