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	-	23.48	15.82	23.77	67.38	34.36
Short-Term Investments	-	-	-	29.73	32.58	3.35
Trading Asset Securities	-	-	-	-	5.22	0
Cash & Short-Term Investments	23.48	23.48	15.82	53.5	105.18	37.71
Cash Growth	-55.34%	48.46%	-70.44%	-49.14%	178.92%	194.68%
Accounts Receivable	-	44.4	42.8	11.23	11.35	51.35
Other Receivables	-	1.64	1.33	2.66	13.73	1.61
Receivables	-	46.04	44.13	13.89	25.08	83.36
Inventory	-	3.18	2.97	2.74	2.13	1.82
Prepaid Expenses	-	0.48	0.31	0.14	5.46	-
Other Current Assets	-	4.01	0.11	0.75	-	7.81
Total Current Assets	-	77.2	63.34	71.03	137.85	130.7
Property, Plant & Equipment	-	12.93	13.98	13.07	9.63	5.33
Long-Term Investments	-	-	-	1,013	971.22	2.61
Long-Term Accounts Receivable	-	1,125	1,026	-	-	147.02
Long-Term Deferred Tax Assets	-	9.14	7.2	4.37	2.84	-
Total Assets	-	1,225	1,111	1,102	1,122	1,085
Accounts Payable	-	45.98	4.25	11.22	39.64	12.26
Accrued Expenses	-	10.58	11.32	8.44	10.46	9.1
Current Portion of Long-Term Debt	-	9.27	9.27	9.28	30.87	29.14
Current Portion of Leases	-	0.49	0.2	0.19	0.31	0.51
Current Income Taxes Payable	-	-	-	-	0.05	0.05
Current Unearned Revenue	-	55.28	34.39	39.61	4.52	35.84
Other Current Liabilities	-	3.85	3.17	2.86	13.3	18.09
Total Current Liabilities	-	125.45	62.6	71.6	99.15	105
Long-Term Debt	-	371.95	345.67	320.19	357.53	387.8
Long-Term Leases	-	9.66	10.45	8.89	9.04	4.16
Long-Term Unearned Revenue	-	14.16	5.26	4.67	4.86	-
Pension & Post-Retirement Benefits	-	0.34	0.58	0.51	0.56	0.41
Long-Term Deferred Tax Liabilities	-	71.84	60.44	48.84	41.81	29.98
Total Liabilities	-	593.39	485	454.7	512.94	527.35
Common Stock	-	433.06	433.06	433.06	336.79	336.79
Retained Earnings	-	198.38	192.69	213.8	263.42	218.03
Treasury Stock	-	-0.28	-	-	-	-
Comprehensive Income & Other	-	0.02	0.08	0.12	8.38	2.61
Shareholders' Equity	631.18	631.18	625.83	646.98	608.59	557.43
Total Liabilities & Equity	-	1,225	1,111	1,102	1,122	1,085
Total Debt	391.36	391.36	365.58	338.54	397.75	421.61
Net Cash (Debt)	-367.88	-367.88	-349.77	-285.04	-292.56	-383.9
Net Cash Per Share	-0.09	-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	-	-48.25	0.74	-0.57	38.7	25.69
Book Value Per Share	0.15	0.15	0.14	0.15	0.14	0.13
Tangible Book Value	631.18	631.18	625.83	646.98	608.59	557.43
Tangible Book Value Per Share	0.15	0.15	0.14	0.15	0.14	0.13
Buildings	-	4.06	4.06	5.06	1.16	1
Construction In Progress	-	1.01	0.94	-	-	-

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