QSE:GWCS Balance Sheet

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

Millions QAR. 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	379.86	204.56	280.18	238.23	240.02
Cash & Short-Term Investments	379.86	204.56	280.18	238.23	240.02
Cash Growth	85.70%	-26.99%	17.61%	-0.75%	-19.63%
Accounts Receivable	404.74	447.88	453.78	501.28	402.64
Other Receivables	36.43	45.45	54.96	51.06	68.73
Receivables	441.17	493.33	508.74	552.34	471.36
Inventory	5.79	7.35	10.71	16.34	13.85
Prepaid Expenses	103.18	147.08	141.85	152.75	78.34
Other Current Assets	8.39	5.04	8.32	42.6	34.5
Total Current Assets	938.38	857.35	949.8	1,002	838.07
Property, Plant & Equipment	4,018	4,038	4,066	3,596	3,326
Long-Term Investments	34.99	-	-	-	-
Goodwill	121	121	115.66	115.66	115.66
Other Intangible Assets	1.72	3.62	5.33	1.12	1.3
Other Long-Term Assets	18.25	18.25	59.73	59.73	59.34
Total Assets	5,132	5,038	5,197	4,774	4,341
Accounts Payable	134.54	71.7	86.78	94.84	74.58
Accrued Expenses	96.45	110.35	126.97	120.48	91.55
Current Portion of Long-Term Debt	216.37	636.55	563.62	522.99	408.64
Current Portion of Leases	28.39	21.45	16.33	11.28	14.75
Other Current Liabilities	133	198.33	259.73	246.43	158.12
Total Current Liabilities	608.74	1,038	1,053	996.01	747.65
Long-Term Debt	1,555	1,224	1,453	1,269	1,234
Long-Term Leases	346.08	209.84	226.96	198.21	200.82
Pension & Post-Retirement Benefits	59.98	60.15	60.21	57.62	52.94
Other Long-Term Liabilities	-	-	0.48	9.92	22.61
Total Liabilities	2,570	2,532	2,794	2,531	2,258
Common Stock	586.03	586.03	586.03	586.03	586.03
Retained Earnings	1,959	1,901	1,798	1,647	1,483
Comprehensive Income & Other	0.73	-3.6	-0.92	-1.46	-0.54
Total Common Equity	2,546	2,483	2,383	2,232	2,068
Minority Interest	16.33	22.62	20.02	12	14.59
Shareholders' Equity	2,562	2,506	2,403	2,244	2,083
Total Liabilities & Equity	5,132	5,038	5,197	4,774	4,341
Total Debt	2,146	2,092	2,260	2,002	1,858
Net Cash (Debt)	-1,766	-1,887	-1,980	-1,763	-1,618
Net Cash Per Share	-3.01	-3.22	-3.38	-3.01	-2.76
Filing Date Shares Outstanding	586.03	586.03	586.03	586.03	586.03
Total Common Shares Outstanding	586.03	586.03	586.03	586.03	586.03
Working Capital	329.64	-181.03	-103.62	6.26	90.42
Book Value Per Share	4.34	4.24	4.07	3.81	3.53
Tangible Book Value	2,423	2,359	2,262	2,115	1,951
Tangible Book Value Per Share	4.14	4.02	3.86	3.61	3.33
Buildings	4,694	4,577	4,412	3,617	3,044
Machinery	782.94	779.41	733.08	676.71	597.77
Construction In Progress	11.39	109.43	117.23	343.83	569.28

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