KWSE:URC 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	14.02	17.93	9.68	26.33	10.95	14.2
Short-Term Investments	-	1	8.25	9.06	9.85	-
Cash & Short-Term Investments	14.02	18.93	17.94	35.38	20.8	14.2
Cash Growth	-20.41%	5.53%	-49.30%	70.12%	46.50%	22.26%
Accounts Receivable	45.24	41.33	46.42	41.39	44.08	47.16
Receivables	45.24	41.33	46.42	41.39	44.08	47.16
Inventory	31.45	31.39	31.49	8.49	24.36	55.49
Prepaid Expenses	-	1.63	1.38	1.54	0.45	0.67
Other Current Assets	-	1.84	1.63	2.1	2.15	2.46
Total Current Assets	90.71	95.13	98.86	88.9	91.84	119.99
Property, Plant & Equipment	543.09	540.46	524.77	515.18	515.8	391.52
Long-Term Investments	50.26	50.75	46.96	42.28	42.54	62.07
Other Intangible Assets	1.24	1.26	1.39	1.49	1.6	1.7
Total Assets	685.3	687.6	671.97	665.48	667.72	600.43
Accounts Payable	67.97	66.76	66.98	66.86	77.15	46.14
Short-Term Debt	-	11.78	12.56	14.01	19.88	21.37
Current Portion of Long-Term Debt	16.4	15.68	10.41	6.96	75.57	9.47
Current Portion of Leases	-	1.02	1.3	0.85	-	-
Current Unearned Revenue	-	-	-	-	-	0.67
Other Current Liabilities	-	-	-	-	-	30.86
Total Current Liabilities	84.37	95.23	91.25	88.68	172.61	108.52
Long-Term Debt	337.08	332.2	342.53	350.65	267.31	275.68
Long-Term Leases	-	14.26	3.44	2.93	-	-
Long-Term Deferred Tax Liabilities	30.32	30.07	24.77	31.71	31.19	31.52
Other Long-Term Liabilities	21.66	6.19	5.69	4.88	8.06	-
Total Liabilities	473.42	477.95	467.68	478.85	479.17	415.73
Common Stock	143.05	143.05	143.05	143.05	143.05	118.8
Additional Paid-In Capital	19.38	15.55	15.55	16.04	16.04	16.04
Retained Earnings	44.68	42.26	46.73	41.35	45.34	38.93
Treasury Stock	-7.65	-7.65	-15.5	-15.5	-15.5	-14.48
Comprehensive Income & Other	6.07	9.9	6.55	-0.91	-0.74	10.43
Total Common Equity	205.54	203.12	196.38	184.04	188.19	169.72
Minority Interest	6.34	6.54	7.91	2.59	0.36	14.99
Shareholders' Equity	211.88	209.65	204.29	186.63	188.54	184.7
Total Liabilities & Equity	685.3	687.6	671.97	665.48	667.72	600.43
Total Debt	353.48	374.94	370.24	375.4	362.77	306.53
Net Cash (Debt)	-339.46	-356.01	-352.31	-340.01	-341.97	-292.33
Net Cash Per Share	-0.25	-0.27	-0.26	-0.25	-0.30	-0.26
Filing Date Shares Outstanding	1,364	1,436	1,367	1,367	1,367	1,128
Total Common Shares Outstanding	1,364	1,436	1,367	1,367	1,367	1,128
Working Capital	6.34	-0.11	7.6	0.22	-80.77	11.46
Book Value Per Share	0.15	0.14	0.14	0.13	0.14	0.15
Tangible Book Value	204.29	201.86	194.99	182.54	186.59	168.02
Tangible Book Value Per Share	0.15	0.14	0.14	0.13	0.14	0.15
Land	-	360.06	371.34	358.67	361.95	224.09
Buildings	-	180.84	179.63	178.77	175.95	189.74
Machinery	-	44.11	53	53.8	52.77	50.58
Construction In Progress	-	32.99	14.54	14.37	18.53	15.96

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