KWSE:UPAC 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	8.17	8.83	9.66	6.72	4.47	4.39
Cash & Short-Term Investments	8.17	8.83	9.66	6.72	4.47	4.39
Cash Growth	-24.02%	-8.57%	43.86%	50.16%	1.98%	141.88%
Accounts Receivable	1.26	0.03	0.64	0.78	1.91	1.91
Other Receivables	-	0.87	0.9	1.01	0.35	0.3
Receivables	1.26	0.9	1.55	1.79	2.26	2.21
Prepaid Expenses	-	0.04	0.07	0.11	0.18	0.18
Other Current Assets	-	0.27	0.28	0.21	0.21	-
Total Current Assets	9.43	10.04	11.55	8.82	7.13	6.77
Property, Plant & Equipment	22	22.19	22.76	0	0.01	0.03
Long-Term Investments	-	-	-	1.94	3.68	4.9
Other Intangible Assets	-	-	-	0.08	1.32	3.17
Total Assets	251.94	252.74	282.84	226.08	193.62	167.35
Accounts Payable	5.46	5.51	6.68	5.2	8.71	3.49
Short-Term Debt	116.79	116.79	144.8	111.51	-	-
Current Portion of Leases	-	-	-	0.81	-	-
Current Unearned Revenue	-	-	-	-	-	2.89
Other Current Liabilities	2.05	2.05	1.54	0.98	78.87	17.99
Total Current Liabilities	124.31	124.35	153.03	118.5	87.58	24.37
Long-Term Debt	-	-	-	-	-	33.64
Long-Term Leases	-	-	-	0.81	-	-
Long-Term Unearned Revenue	-	-	-	-	-	0.28
Pension & Post-Retirement Benefits	0.67	0.69	0.77	0.86	0.75	0.65
Other Long-Term Liabilities	21.67	21.9	22.24	-	0.91	5.51
Total Liabilities	146.65	146.94	176.04	120.16	89.23	64.44
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	18.69	19.21	20.41	19.45	17.92	17.29
Treasury Stock	-1.54	-1.54	-1.54	-1.54	-1.54	-1.54
Comprehensive Income & Other	-0.06	-0.06	-0.06	0.08	0.17	-0.62
Total Common Equity	103.94	104.46	105.66	104.84	103.4	101.98
Minority Interest	1.35	1.34	1.14	1.07	0.99	0.93
Shareholders' Equity	105.29	105.8	106.8	105.92	104.39	102.9
Total Liabilities & Equity	251.94	252.74	282.84	226.08	193.62	167.35
Total Debt	116.79	116.79	144.8	113.12	-	33.64
Net Cash (Debt)	-108.62	-107.96	-135.14	-106.41	4.47	-29.25
Net Cash Per Share	-0.29	-0.29	-0.36	-0.28	0.01	-0.08
Filing Date Shares Outstanding	376.52	377.68	377.68	377.68	377.68	377.68
Total Common Shares Outstanding	376.52	377.68	377.68	377.68	377.68	377.68
Working Capital	-114.88	-114.31	-141.47	-109.67	-80.45	-17.6
Book Value Per Share	0.28	0.28	0.28	0.28	0.27	0.27
Tangible Book Value	103.94	104.46	105.66	104.76	102.08	98.81
Tangible Book Value Per Share	0.28	0.28	0.28	0.28	0.27	0.26

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