KWSE:UPAC 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	10.23	9.66	6.72	4.47	4.39	1.81
Cash & Short-Term Investments	10.23	9.66	6.72	4.47	4.39	1.81
Cash Growth	13.76%	43.86%	50.16%	1.98%	141.88%	19.96%
Accounts Receivable	1.5	0.64	0.78	1.91	1.91	1.77
Other Receivables	0.02	0.9	1.01	0.35	0.3	1.21
Receivables	1.53	1.55	1.79	2.26	2.21	2.98
Prepaid Expenses	-	0.07	0.11	0.18	0.18	0.28
Other Current Assets	-	0.28	0.21	0.21	-	-
Total Current Assets	11.76	11.55	8.82	7.13	6.77	5.07
Property, Plant & Equipment	21.98	0.11	0	0.01	0.03	0.06
Long-Term Investments	-	-	1.94	3.68	4.9	4.62
Other Intangible Assets	-	22.65	0.08	1.32	3.17	5.16
Total Assets	254.26	282.84	226.08	193.62	167.35	151.14
Accounts Payable	4.52	4.88	5.2	8.71	3.49	3.08
Short-Term Debt	116.79	144.8	111.51	-	-	-
Current Portion of Leases	3.57	2.21	0.81	-	-	-
Current Unearned Revenue	-	-	-	-	2.89	2.98
Other Current Liabilities	-	1.14	0.98	78.87	17.99	1.16
Total Current Liabilities	124.88	153.03	118.5	87.58	24.37	7.22
Long-Term Debt	-	-	-	-	33.64	35.12
Long-Term Leases	21.23	22.24	0.81	-	-	-
Long-Term Unearned Revenue	-	-	-	-	0.28	1.64
Pension & Post-Retirement Benefits	0.74	0.77	0.86	0.75	0.65	0.6
Other Long-Term Liabilities	0.88	0	-	0.91	5.51	4.99
Total Liabilities	147.73	176.04	120.16	89.23	64.44	49.56
Common Stock	38.25	38.25	38.25	38.25	38.25	38.25
Additional Paid-In Capital	48.61	48.61	48.61	48.61	48.61	48.61
Retained Earnings	19.97	20.41	19.45	17.92	17.29	16.37
Treasury Stock	-1.54	-1.54	-1.54	-1.54	-1.54	-1.54
Comprehensive Income & Other	-0.06	-0.06	0.08	0.17	-0.62	-1.03
Total Common Equity	105.22	105.66	104.84	103.4	101.98	100.65
Minority Interest	1.31	1.14	1.07	0.99	0.93	0.93
Shareholders' Equity	106.53	106.8	105.92	104.39	102.9	101.58
Total Liabilities & Equity	254.26	282.84	226.08	193.62	167.35	151.14
Total Debt	141.59	169.26	113.12	-	33.64	35.12
Net Cash (Debt)	-131.36	-159.59	-106.41	4.47	-29.25	-33.3
Net Cash Per Share	-0.35	-0.42	-0.28	0.01	-0.08	-0.14
Filing Date Shares Outstanding	377.68	377.68	377.68	377.68	377.68	377.68
Total Common Shares Outstanding	377.68	377.68	377.68	377.68	377.68	377.68
Working Capital	-113.12	-141.47	-109.67	-80.45	-17.6	-2.15
Book Value Per Share	0.28	0.28	0.28	0.27	0.27	0.27
Tangible Book Value	105.22	83.01	104.76	102.08	98.81	95.49
Tangible Book Value Per Share	0.28	0.22	0.28	0.27	0.26	0.25

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