KWSE:RASIYAT 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	20.77	21.24	13.18	14.72	15.47
Cash & Equivalents	2.48	6.02	2.05	0.15	0.65
Accounts Receivable	4.54	0.73	1.86	1.44	1
Other Receivables	0.34	0.09	0.08	0.07	0.04
Investment In Debt and Equity Securities	0.57	0.66	0.32	0.31	0.42
Goodwill	3.01	3.01	-	-	-
Other Intangible Assets	0.32	0.36	0.4	0.44	0.49
Other Current Assets	0.15	0.06	0.24	0.24	0.34
Trading Asset Securities	0.13	0.13	0.07	0.05	-
Other Long-Term Assets	0.01	0.01	0.01	0.02	0.02
Total Assets	32.31	32.31	18.22	17.44	18.43
Current Portion of Long-Term Debt	2.17	3.35	0.59	0.54	0.54
Current Portion of Leases	0.09	0.07	0.03	0.02	0.03
Long-Term Debt	7.02	8.36	1.89	1.49	2.03
Long-Term Leases	0.62	0.69	0.3	0.32	0.37
Accounts Payable	0.46	0.54	0.22	0.19	0.33
Accrued Expenses	0.22	0.87	0.15	0.25	0.21
Current Income Taxes Payable	0.1	0	0.01	0.01	-
Current Unearned Revenue	0.09	0	-	0.04	-
Other Current Liabilities	0.01	0.01	0.01	0.01	0.01
Total Liabilities	11.4	14.42	3.49	3.09	3.68
Common Stock	15	15	15	15	15
Retained Earnings	0.32	-2.61	-3.56	-4.17	-3.74
Comprehensive Income & Other	-	-	-	-	0.1
Total Common Equity	15.32	12.39	11.44	10.83	11.36
Minority Interest	5.59	5.5	3.3	3.52	3.4
Shareholders' Equity	20.91	17.89	14.73	14.35	14.76
Total Liabilities & Equity	32.31	32.31	18.22	17.44	18.43
Total Debt	9.9	12.47	2.8	2.38	2.98
Net Cash (Debt)	-7.3	-6.32	-0.68	-2.18	-2.32
Net Cash Per Share	-0.05	-0.04	-0.00	-0.01	-0.02
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Book Value Per Share	0.10	0.08	0.08	0.07	0.08
Tangible Book Value	11.99	9.02	11.03	10.38	10.87
Tangible Book Value Per Share	0.08	0.06	0.07	0.07	0.07
Land	-	-	-	-	3.37
Buildings	14.14	13.88	6.64	6.64	6.63
Construction In Progress	0.08	-	0.35	-	-

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