OQ Gas Networks SAOG Balance Sheet

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

Millions OMR. 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	18.15	23.48	15.82	23.77	67.38	34.36
Short-Term Investments	32.31	-	-	29.73	32.58	3.35
Trading Asset Securities	-	-	-	-	5.22	0
Cash & Short-Term Investments	50.47	23.48	15.82	53.5	105.18	37.71
Cash Growth	-4.02%	48.46%	-70.44%	-49.14%	178.92%	194.68%
Accounts Receivable	13.8	44.4	42.8	11.23	11.35	51.35
Other Receivables	1.32	1.64	1.33	2.66	13.73	1.61
Receivables	15.12	46.04	44.13	13.89	25.08	83.36
Inventory	3.07	3.18	2.97	2.74	2.13	1.82
Prepaid Expenses	1.23	0.48	0.31	0.14	5.46	-
Other Current Assets	3.82	4.01	0.11	0.75	-	7.81
Total Current Assets	73.7	77.2	63.34	71.03	137.85	130.7
Property, Plant & Equipment	34.81	12.93	13.98	13.07	9.63	5.33
Long-Term Investments	1,135	-	-	1,013	971.22	2.61
Long-Term Accounts Receivable	-	1,125	1,026	-	-	147.02
Long-Term Deferred Tax Assets	13.62	9.14	7.2	4.37	2.84	-
Total Assets	1,257	1,225	1,111	1,102	1,122	1,085
Accounts Payable	6.12	45.98	4.25	11.22	39.64	12.26
Accrued Expenses	8.6	10.58	11.32	8.44	10.46	9.1
Current Portion of Long-Term Debt	9.27	9.27	9.27	9.28	30.87	29.14
Current Portion of Leases	0.49	0.49	0.2	0.19	0.31	0.51
Current Income Taxes Payable	-	-	-	-	0.05	0.05
Current Unearned Revenue	47.38	55.28	34.39	39.61	4.52	35.84
Other Current Liabilities	4.03	3.85	3.17	2.86	13.3	18.09
Total Current Liabilities	75.9	125.45	62.6	71.6	99.15	105
Long-Term Debt	438.08	371.95	345.67	320.19	357.53	387.8
Long-Term Leases	29.71	9.66	10.45	8.89	9.04	4.16
Long-Term Unearned Revenue	14.16	14.16	5.26	4.67	4.86	-
Pension & Post-Retirement Benefits	0.36	0.34	0.58	0.51	0.56	0.41
Long-Term Deferred Tax Liabilities	78.61	71.84	60.44	48.84	41.81	29.98
Total Liabilities	636.81	593.39	485	454.7	512.94	527.35
Common Stock	433.06	433.06	433.06	433.06	336.79	336.79
Retained Earnings	187.65	198.38	192.69	213.8	263.42	218.03
Treasury Stock	-0.24	-0.28	-	-	-	-
Comprehensive Income & Other	0.02	0.02	0.08	0.12	8.38	2.61
Shareholders' Equity	620.49	631.18	625.83	646.98	608.59	557.43
Total Liabilities & Equity	1,257	1,225	1,111	1,102	1,122	1,085
Total Debt	477.55	391.36	365.58	338.54	397.75	421.61
Net Cash (Debt)	-427.08	-367.88	-349.77	-285.04	-292.56	-383.9
Net Cash Per Share	-0.10	-0.09	-0.08	-0.07	-0.07	-0.09
Filing Date Shares Outstanding	4,328	4,328	4,331	4,331	4,331	4,331
Total Common Shares Outstanding	4,328	4,328	4,331	4,331	4,331	4,331
Working Capital	-2.2	-48.25	0.74	-0.57	38.7	25.69
Book Value Per Share	0.14	0.15	0.14	0.15	0.14	0.13
Tangible Book Value	620.49	631.18	625.83	646.98	608.59	557.43
Tangible Book Value Per Share	0.14	0.15	0.14	0.15	0.14	0.13
Buildings	4.06	4.06	4.06	5.06	1.16	1
Construction In Progress	1.01	1.01	0.94	-	-	-

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