MSM:GECP Balance Sheet

Financials in millions OMR. Fiscal year is January - December.

Millions OMR. 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	14.95	12.58	6.34	11.14	17.48
Short-Term Investments	0.86	0.68	0.64	0.67	0.24
Cash & Short-Term Investments	15.81	13.27	6.97	11.81	17.72
Cash Growth	19.19%	90.26%	-40.93%	-33.39%	151.59%
Accounts Receivable	184.83	171.1	171.36	134.29	142.62
Other Receivables	1.65	1.92	0	0.07	0.05
Receivables	186.48	173.02	171.36	134.35	142.67
Inventory	21.25	25.52	27.19	19.31	13.38
Prepaid Expenses	4.1	2.75	2.97	3.95	3.21
Other Current Assets	-0.06	0.13	0.23	0.21	0.09
Total Current Assets	227.58	214.69	208.72	169.63	177.07
Property, Plant & Equipment	88.74	63.53	46.09	31.13	29.83
Long-Term Investments	4.12	4.21	4.2	4.64	5.11
Other Intangible Assets	0.1	0.14	0.13	0.22	0.32
Long-Term Accounts Receivable	14.38	14.15	13.37	11.55	12.42
Total Assets	334.91	296.71	272.51	217.17	224.75
Accounts Payable	62.36	70.25	55.79	43.58	77.47
Accrued Expenses	16.11	21.2	16.14	16.16	12.95
Short-Term Debt	52.31	54.73	43.58	16.95	23.28
Current Portion of Long-Term Debt	13.12	11.66	8.21	8.16	12.39
Current Portion of Leases	3.34	0.75	0.73	1.15	0.82
Current Income Taxes Payable	0.3	0.13	0.13	0.13	1.41
Current Unearned Revenue	49.66	25.97	26.3	34.03	25.79
Other Current Liabilities	50.65	43.23	60.58	45.09	16.11
Total Current Liabilities	247.85	227.91	211.44	165.23	170.21
Long-Term Debt	22.45	21.08	16.01	5.97	11.56
Long-Term Leases	8.35	1.04	2.24	2.45	1.34
Long-Term Unearned Revenue	18.75	14.04	3.96	7.54	6.74
Pension & Post-Retirement Benefits	12.4	12.83	15.25	12.3	12.37
Long-Term Deferred Tax Liabilities	0.42	0.37	0.17	0.35	0.36
Total Liabilities	310.21	277.26	249.06	193.84	202.57
Common Stock	29.07	29.07	29.07	29.07	29.07
Retained Earnings	-4.65	-9.85	-5.99	-6.16	-7.47
Comprehensive Income & Other	-0.49	-0.53	-0.45	-0.44	-0.31
Total Common Equity	23.93	18.68	22.62	22.46	21.29
Minority Interest	0.77	0.77	0.82	0.86	0.88
Shareholders' Equity	24.7	19.45	23.45	23.33	22.18
Total Liabilities & Equity	334.91	296.71	272.51	217.17	224.75
Total Debt	99.56	89.26	70.77	34.68	49.38
Net Cash (Debt)	-83.75	-75.99	-63.8	-22.87	-31.66
Net Cash Per Share	-0.29	-0.26	-0.22	-0.08	-0.11
Filing Date Shares Outstanding	290.65	290.65	290.65	290.65	290.65
Total Common Shares Outstanding	290.65	290.65	290.65	290.65	290.65
Working Capital	-20.27	-13.22	-2.72	4.4	6.87
Book Value Per Share	0.08	0.06	0.08	0.08	0.07
Tangible Book Value	23.83	18.54	22.49	22.25	20.98
Tangible Book Value Per Share	0.08	0.06	0.08	0.08	0.07
Land	1.56	1.56	1.56	1.28	1.28
Buildings	41.84	43.1	36.04	36.25	36.35
Machinery	210.82	197.89	191.41	181.88	184.47
Construction In Progress	5.99	4.2	3.78	1.85	0.12
Order Backlog	-	-	589	517	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.