MSM:NAPI 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	0.59	0.16	0.19	0.26	0.2
Cash & Short-Term Investments	0.59	0.16	0.19	0.26	0.2
Cash Growth	278.20%	-16.49%	-28.18%	29.59%	-55.02%
Accounts Receivable	7.55	5.93	6.45	7.38	10.79
Other Receivables	-	-	-	0.3	0.58
Receivables	7.55	5.93	6.45	7.68	11.37
Inventory	2.24	2.15	2.95	2.4	3.28
Prepaid Expenses	0.02	0.03	0.27	0.11	0.08
Other Current Assets	0.34	0.23	0.17	0.07	1.27
Total Current Assets	10.73	8.49	10.02	10.52	16.21
Property, Plant & Equipment	10.37	10.87	11.28	11.7	12.82
Other Intangible Assets	0	0.02	0.05	0.07	0.09
Long-Term Deferred Tax Assets	0.19	0.19	0.22	0.63	-
Other Long-Term Assets	0.37	0.39	0.4	0.46	0.46
Total Assets	21.66	19.97	21.96	23.38	29.57
Accounts Payable	4.29	4.26	5.18	3.79	1.72
Accrued Expenses	2.27	1.36	1.34	0.91	1.01
Short-Term Debt	8.86	8.02	13.45	15.96	19.02
Current Portion of Long-Term Debt	-	-	-	-	0.43
Current Portion of Leases	0.07	0.07	0.07	0.07	0.07
Other Current Liabilities	1.3	0.52	0.64	0.32	0.73
Total Current Liabilities	16.79	14.23	20.67	21.04	22.96
Long-Term Debt	8.24	8.44	2.62	-	-
Long-Term Leases	1.1	1.11	1.09	1.07	1.05
Pension & Post-Retirement Benefits	0.27	0.26	0.33	0.3	0.29
Total Liabilities	26.4	24.03	24.71	22.41	24.3
Common Stock	0.86	0.86	0.86	3.36	3.36
Retained Earnings	-6.7	-6.23	-4.96	-3.94	0.17
Comprehensive Income & Other	1.1	1.31	1.36	1.55	1.74
Shareholders' Equity	-4.74	-4.06	-2.75	0.97	5.27
Total Liabilities & Equity	21.66	19.97	21.96	23.38	29.57
Total Debt	18.27	17.63	17.23	17.1	20.55
Net Cash (Debt)	-17.68	-17.48	-17.04	-16.84	-20.35
Net Cash Per Share	-2.06	-2.04	-1.99	-1.96	-2.37
Filing Date Shares Outstanding	8.57	8.57	8.57	8.57	8.57
Total Common Shares Outstanding	8.57	8.57	8.57	8.57	8.57
Working Capital	-6.05	-5.74	-10.65	-10.52	-6.76
Book Value Per Share	-0.55	-0.47	-0.32	0.11	0.61
Tangible Book Value	-4.74	-4.09	-2.79	0.9	5.18
Tangible Book Value Per Share	-0.55	-0.48	-0.33	0.10	0.60
Buildings	7.6	7.6	7.43	7.41	7.41
Machinery	27.69	27.36	27.72	27.28	26.84
Construction In Progress	0.02	0.04	0.04	0.05	0.13

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