KWSE:SPEC 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
Cash & Equivalents	2.87	1.66	1.58	1.99	3.46	1.84
Short-Term Investments	2.1	2.1	2.5	3.05	2.8	2.5
Trading Asset Securities	2.86	2.86	2.87	2.8	2.71	2.74
Cash & Short-Term Investments	7.82	6.62	6.96	7.84	8.97	7.07
Cash Growth	49.19%	-4.85%	-11.21%	-12.64%	26.81%	-36.10%
Accounts Receivable	14.89	13.58	10.42	9.43	10.62	13.61
Other Receivables	-	-	-	-	-	1.38
Receivables	14.89	13.58	10.42	9.43	10.62	14.99
Inventory	1.75	1.86	1.97	2.14	3.46	2.89
Other Current Assets	1.27	1.27	-	0.5	0.59	1.63
Total Current Assets	25.74	23.32	19.34	19.9	23.65	26.58
Property, Plant & Equipment	9	9.27	9.48	10.24	8.58	2.72
Long-Term Investments	2.68	2.68	3.87	4.03	3.97	6.77
Other Intangible Assets	2.33	2.37	2.52	2.39	0.04	0.11
Long-Term Accounts Receivable	2.33	4.09	4.24	4.87	2.95	3.09
Other Long-Term Assets	9.02	8.2	7.21	6.25	6.25	1.47
Total Assets	51.08	49.92	46.66	47.67	45.43	40.73
Accounts Payable	4.65	4.36	2.21	2.66	3.31	5.4
Short-Term Debt	5.45	5.16	6.2	7.01	7.25	1.27
Current Portion of Leases	0.48	0.55	0.3	0.29	-	-
Total Current Liabilities	10.58	10.06	8.71	9.97	10.56	6.67
Long-Term Leases	1.29	1.19	1.89	1.83	-	-
Pension & Post-Retirement Benefits	1.08	1.02	0.87	0.81	0.79	0.73
Other Long-Term Liabilities	2.47	2.76	2.19	2.52	2.49	2.38
Total Liabilities	15.42	15.02	13.66	15.12	13.84	9.77
Common Stock	20.05	20.05	18.74	17.84	17	16.5
Additional Paid-In Capital	13.37	13.37	13.37	13.37	13.37	13.37
Retained Earnings	4.18	3.42	2.86	3.01	2.97	2.48
Treasury Stock	-2.42	-2.42	-2.42	-2.42	-2.42	-2.42
Comprehensive Income & Other	0.45	0.46	0.42	0.47	0.39	0.49
Total Common Equity	35.63	34.87	32.97	32.28	31.31	30.42
Minority Interest	0.03	0.03	0.03	0.27	0.28	0.54
Shareholders' Equity	35.66	34.9	32.99	32.55	31.59	30.96
Total Liabilities & Equity	51.08	49.92	46.66	47.67	45.43	40.73
Total Debt	7.23	6.89	8.39	9.13	7.25	1.27
Net Cash (Debt)	0.59	-0.27	-1.43	-1.29	1.72	5.81
Net Cash Growth	-	-	-	-	-70.33%	-47.55%
Net Cash Per Share	0.00	-0.00	-0.01	-0.01	0.01	0.03
Filing Date Shares Outstanding	204.06	204.06	204.06	204.06	204.06	204.06
Total Common Shares Outstanding	204.06	204.06	204.06	204.06	204.06	204.06
Working Capital	15.16	13.27	10.63	9.93	13.09	19.91
Book Value Per Share	0.17	0.17	0.16	0.16	0.15	0.15
Tangible Book Value	33.31	32.5	30.45	29.89	31.27	30.32
Tangible Book Value Per Share	0.16	0.16	0.15	0.15	0.15	0.15
Buildings	-	0.92	0.92	0.92	0.92	2.11
Machinery	-	14.47	13.6	13.38	10.99	3.37
Construction In Progress	-	-	-	-	-	1.39