KWSE:SPEC 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
Cash & Equivalents	1.18	1.58	1.99	3.46	1.84	5.03
Short-Term Investments	2.1	2.5	3.05	2.8	2.5	1
Trading Asset Securities	2.87	2.87	2.8	2.71	2.74	5.04
Cash & Short-Term Investments	6.15	6.96	7.84	8.97	7.07	11.07
Cash Growth	-2.97%	-11.21%	-12.64%	26.81%	-36.10%	15.68%
Accounts Receivable	11.19	10.42	9.43	10.62	13.61	10.52
Other Receivables	-	-	-	-	1.38	1.38
Receivables	11.19	10.42	9.43	10.62	14.99	11.9
Inventory	1.91	1.97	2.14	3.46	2.89	3.42
Other Current Assets	1.27	-	0.5	0.59	1.63	1.43
Total Current Assets	20.53	19.34	19.9	23.65	26.58	27.82
Property, Plant & Equipment	9.18	9.48	10.24	8.58	2.72	1.44
Long-Term Investments	2.6	3.87	4.03	3.97	6.77	4.52
Other Intangible Assets	2.42	2.52	2.39	0.04	0.11	1.31
Long-Term Accounts Receivable	4.6	4.24	4.87	2.95	3.09	4.3
Other Long-Term Assets	7.76	7.21	6.25	6.25	1.47	1.47
Total Assets	47.09	46.66	47.67	45.43	40.73	40.86
Accounts Payable	2.51	2.21	2.66	3.31	5.4	8.39
Short-Term Debt	3.71	6.2	7.01	7.25	1.27	-
Current Portion of Leases	0.54	0.3	0.29	-	-	-
Total Current Liabilities	6.76	8.71	9.97	10.56	6.67	8.39
Long-Term Leases	1.15	1.89	1.83	-	-	-
Pension & Post-Retirement Benefits	0.99	0.87	0.81	0.79	0.73	0.7
Other Long-Term Liabilities	3.77	2.19	2.52	2.49	2.38	2.27
Total Liabilities	12.67	13.66	15.12	13.84	9.77	11.36
Common Stock	20.05	18.74	17.84	17	16.5	16.5
Additional Paid-In Capital	13.37	13.37	13.37	13.37	13.37	13.37
Retained Earnings	3.01	2.86	3.01	2.97	2.48	1.2
Treasury Stock	-2.42	-2.42	-2.42	-2.42	-2.42	-2.42
Comprehensive Income & Other	0.39	0.42	0.47	0.39	0.49	0.53
Total Common Equity	34.39	32.97	32.28	31.31	30.42	29.18
Minority Interest	0.03	0.03	0.27	0.28	0.54	0.32
Shareholders' Equity	34.42	32.99	32.55	31.59	30.96	29.5
Total Liabilities & Equity	47.09	46.66	47.67	45.43	40.73	40.86
Total Debt	5.4	8.39	9.13	7.25	1.27	-
Net Cash (Debt)	0.75	-1.43	-1.29	1.72	5.81	11.07
Net Cash Growth	-	-	-	-70.33%	-47.55%	15.68%
Net Cash Per Share	0.00	-0.01	-0.01	0.01	0.03	0.06
Filing Date Shares Outstanding	190.71	190.71	190.71	190.71	190.71	190.71
Total Common Shares Outstanding	190.71	190.71	190.71	190.71	190.71	190.71
Working Capital	13.77	10.63	9.93	13.09	19.91	19.43
Book Value Per Share	0.18	0.17	0.17	0.16	0.16	0.15
Tangible Book Value	31.97	30.45	29.89	31.27	30.32	27.87
Tangible Book Value Per Share	0.17	0.16	0.16	0.16	0.16	0.15
Buildings	-	0.92	0.92	0.92	2.11	2.11
Machinery	-	13.6	13.38	10.99	3.37	3.27
Construction In Progress	-	-	-	-	1.39	-

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