KWSE:SRE 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
Cash & Equivalents	8.3	7.84	6.19	5.39	4
Cash & Short-Term Investments	8.3	7.84	6.19	5.39	4
Cash Growth	5.94%	26.52%	14.87%	34.70%	-39.63%
Accounts Receivable	1.41	2.28	1.99	1.45	1.56
Other Receivables	0.88	2.17	0.79	1.14	4.08
Receivables	2.28	4.45	2.78	2.59	5.64
Inventory	0.18	0.14	0.2	0.2	0.31
Other Current Assets	3.29	4.64	22.15	5.53	4.07
Total Current Assets	14.06	17.06	31.33	13.71	14.02
Property, Plant & Equipment	100.56	96.31	49.13	36.55	32.27
Long-Term Investments	6.83	6.74	16.67	19.42	16.41
Other Long-Term Assets	417.99	397.67	361	349.16	329.24
Total Assets	539.44	517.78	458.12	418.84	391.94
Accounts Payable	2.71	2.82	3.44	3.02	6
Accrued Expenses	9.1	7.59	3.18	2.93	2.94
Short-Term Debt	4.97	9.46	14.3	5.72	1.1
Current Portion of Long-Term Debt	47.94	25.99	35.77	29.77	19.09
Current Portion of Leases	-	-	-	0.21	0.65
Current Income Taxes Payable	0.06	0.13	0.17	0.15	-
Other Current Liabilities	6.18	9.06	16.97	20.75	14.59
Total Current Liabilities	70.97	55.05	73.82	62.56	44.36
Long-Term Debt	267.32	262.7	187.94	178.15	173.86
Long-Term Leases	-	-	-	-	0.63
Long-Term Unearned Revenue	3.44	1.01	1.65	1.62	1.69
Other Long-Term Liabilities	15.83	16.35	14.84	8.45	9.73
Total Liabilities	357.56	335.1	278.24	250.78	230.27
Common Stock	62.32	59.35	56.53	53.84	51.27
Additional Paid-In Capital	35.06	35.06	35.06	35.06	35.06
Retained Earnings	98.37	103.83	102.24	96.73	92.09
Treasury Stock	-8.07	-7.57	-8.09	-8.52	-7.47
Comprehensive Income & Other	-6.1	-8.06	-6.03	-9.09	-9.34
Total Common Equity	181.58	182.62	179.71	168.01	161.61
Minority Interest	0.3	0.06	0.17	0.05	0.06
Shareholders' Equity	181.88	182.68	179.88	168.07	161.68
Total Liabilities & Equity	539.44	517.78	458.12	418.84	391.94
Total Debt	320.24	298.15	238.01	213.84	195.33
Net Cash (Debt)	-311.94	-290.31	-231.82	-208.45	-191.32
Net Cash Per Share	-0.52	-0.48	-0.38	-0.35	-0.32
Filing Date Shares Outstanding	601.1	602.32	600.58	597.87	599.77
Total Common Shares Outstanding	601.1	602.32	600.58	597.87	599.77
Working Capital	-56.91	-37.99	-42.5	-48.84	-30.34
Book Value Per Share	0.30	0.30	0.30	0.28	0.27
Tangible Book Value	181.58	182.62	179.71	168.01	161.61
Tangible Book Value Per Share	0.30	0.30	0.30	0.28	0.27
Land	10.51	10.51	7.95	6.26	6.26
Buildings	90.09	89.94	52.67	51.7	51.7
Machinery	32.08	45.05	40.54	40.21	39.71
Construction In Progress	28.55	22.13	16.77	6.06	0.95

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.