KWSE:ZAIN 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	303.93	310.87	195.93	313.55	240.41	231.88
Short-Term Investments	-	326.25	258.04	168.86	106.13	92.25
Trading Asset Securities	121.46	85.06	51.5	35.13	34.13	28.42
Cash & Short-Term Investments	425.38	722.18	505.47	517.54	380.67	352.56
Cash Growth	62.96%	42.87%	-2.33%	35.96%	7.97%	-23.28%
Accounts Receivable	1,299	631.89	541.52	523.11	440.16	351.73
Other Receivables	-	167.42	162.77	162.71	178.07	159.54
Receivables	1,299	799.31	704.29	685.82	618.23	511.27
Inventory	59.91	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	394.91	364.72	111.53	16.99	259.76	4.91
Total Current Assets	2,179	2,086	1,552	1,390	1,437	1,073
Property, Plant & Equipment	1,521	1,583	1,350	1,237	1,174	1,381
Long-Term Investments	132.84	133.57	221.57	218.17	114.13	96.77
Goodwill	538.73	538.75	536	533.81	568.92	584.57
Other Intangible Assets	1,372	1,386	1,423	1,503	1,564	1,563
Long-Term Accounts Receivable	80.95	84.48	69.87	54.02	49.16	42.86
Other Long-Term Assets	91.82	102.29	112.23	59.69	42.33	57.67
Total Assets	5,916	5,914	5,264	4,996	4,950	4,799
Accounts Payable	1,376	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	64.54	89.75	87.79	25.09	23.92	46.36
Current Portion of Long-Term Debt	206.03	187.41	556.82	144.79	189.64	359.86
Current Portion of Leases	41.63	40.19	28.23	28.86	19.42	33.6
Current Income Taxes Payable	29.2	27.73	18.33	19.12	18.6	23.9
Current Unearned Revenue	54.49	53.21	54.15	63.38	64.27	90.85
Other Current Liabilities	96.04	220.95	132.74	119.38	185.34	108.8
Total Current Liabilities	1,868	1,901	1,941	1,372	1,387	1,494
Long-Term Debt	1,624	1,611	968.8	1,300	1,356	899.34
Long-Term Leases	189.41	213.87	184.09	147.04	85.38	148.71
Long-Term Unearned Revenue	17.54	26.74	6.75	-	-	-
Pension & Post-Retirement Benefits	61.64	58.19	54.87	51.47	46.65	40.91
Other Long-Term Liabilities	127.58	140.01	146.25	165.51	178.07	404.12
Total Liabilities	3,888	3,951	3,302	3,035	3,054	2,987
Common Stock	432.71	432.71	432.71	432.71	432.71	432.71
Additional Paid-In Capital	1,262	1,262	1,707	1,707	1,707	1,707
Retained Earnings	295.41	216.35	-207.46	673.38	609.35	556.14
Comprehensive Income & Other	-724.72	-696.3	-704.94	-1,567	-1,519	-1,507
Total Common Equity	1,265	1,215	1,227	1,246	1,230	1,189
Minority Interest	763.24	748.71	734.42	714.28	666.01	622.58
Shareholders' Equity	2,029	1,963	1,962	1,960	1,896	1,812
Total Liabilities & Equity	5,916	5,914	5,264	4,996	4,950	4,799
Total Debt	2,126	2,142	1,826	1,646	1,675	1,488
Net Cash (Debt)	-1,700	-1,420	-1,320	-1,128	-1,294	-1,135
Net Cash Per Share	-0.39	-0.33	-0.31	-0.26	-0.30	-0.26
Filing Date Shares Outstanding	4,327	4,327	4,327	4,327	4,327	4,327
Total Common Shares Outstanding	4,327	4,327	4,327	4,327	4,327	4,327
Working Capital	311.27	184.6	-389.22	18.38	49.9	-421.03
Book Value Per Share	0.29	0.28	0.28	0.29	0.28	0.27
Tangible Book Value	-645.11	-710.08	-731.21	-790.67	-902.59	-958.38
Tangible Book Value Per Share	-0.15	-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.