KWSE:ZAIN 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	310.87	195.93	326.51	240.41	231.88
Short-Term Investments	326.25	258.04	168.86	106.13	92.25
Trading Asset Securities	85.06	51.5	35.13	34.13	28.42
Cash & Short-Term Investments	722.18	505.47	530.51	380.67	352.56
Cash Growth	42.87%	-4.72%	39.36%	7.97%	-23.28%
Accounts Receivable	631.89	541.52	523.11	440.16	351.73
Other Receivables	167.42	162.77	162.71	178.07	159.54
Receivables	799.31	704.29	685.82	618.23	511.27
Inventory	58.03	78.32	54.95	48.14	59.22
Prepaid Expenses	141.44	152.64	114.67	130.5	144.57
Other Current Assets	364.72	111.53	4.02	259.76	4.91
Total Current Assets	2,086	1,552	1,390	1,437	1,073
Property, Plant & Equipment	1,583	1,350	1,237	1,174	1,381
Long-Term Investments	133.57	221.57	218.17	114.13	96.77
Goodwill	538.75	536	533.81	568.92	584.57
Other Intangible Assets	1,386	1,423	1,503	1,564	1,563
Long-Term Accounts Receivable	84.48	69.87	54.02	49.16	42.86
Other Long-Term Assets	102.29	112.23	59.69	42.33	57.67
Total Assets	5,914	5,264	4,996	4,950	4,799
Accounts Payable	1,159	905.68	789.27	697.16	720.84
Accrued Expenses	122.68	157.74	181.69	189.04	109.33
Short-Term Debt	89.75	87.79	25.09	23.92	46.36
Current Portion of Long-Term Debt	187.41	556.82	144.79	189.64	359.86
Current Portion of Leases	40.19	28.23	28.86	19.42	33.6
Current Income Taxes Payable	27.73	18.33	19.12	18.6	23.9
Current Unearned Revenue	53.21	54.15	63.38	64.27	90.85
Other Current Liabilities	220.95	132.74	119.38	185.34	108.8
Total Current Liabilities	1,901	1,941	1,372	1,387	1,494
Long-Term Debt	1,611	968.8	1,300	1,356	899.34
Long-Term Leases	213.87	184.09	147.04	85.38	148.71
Long-Term Unearned Revenue	26.74	6.75	-	-	-
Pension & Post-Retirement Benefits	58.19	54.87	51.47	46.65	40.91
Other Long-Term Liabilities	140.01	146.25	165.51	178.07	404.12
Total Liabilities	3,951	3,302	3,035	3,054	2,987
Common Stock	432.71	432.71	432.71	432.71	432.71
Additional Paid-In Capital	1,262	1,707	1,707	1,707	1,707
Retained Earnings	216.35	-207.46	673.38	609.35	556.14
Comprehensive Income & Other	-696.3	-704.94	-1,567	-1,519	-1,507
Total Common Equity	1,215	1,227	1,246	1,230	1,189
Minority Interest	748.71	734.42	714.28	666.01	622.58
Shareholders' Equity	1,963	1,962	1,960	1,896	1,812
Total Liabilities & Equity	5,914	5,264	4,996	4,950	4,799
Total Debt	2,142	1,826	1,646	1,675	1,488
Net Cash (Debt)	-1,420	-1,320	-1,115	-1,294	-1,135
Net Cash Per Share	-0.33	-0.31	-0.26	-0.30	-0.26
Filing Date Shares Outstanding	4,327	4,327	4,327	4,327	4,327
Total Common Shares Outstanding	4,327	4,327	4,327	4,327	4,327
Working Capital	184.6	-389.22	18.38	49.9	-421.03
Book Value Per Share	0.28	0.28	0.29	0.28	0.27
Tangible Book Value	-710.08	-731.21	-790.67	-902.59	-958.38
Tangible Book Value Per Share	-0.16	-0.17	-0.18	-0.21	-0.22
Land	114.71	108.93	108.3	108.28	106.3
Machinery	3,399	3,266	3,083	2,980	3,112
Construction In Progress	430.44	289.23	223.19	125.74	140.34

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