QSE:NLCS 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	22.53	26.28	25.58	22.64	248.95
Short-Term Investments	314.96	298.96	308.96	308	50
Trading Asset Securities	110.11	104.02	32.25	16.65	191.35
Cash & Short-Term Investments	447.6	429.26	366.79	347.29	490.29
Cash Growth	4.27%	17.03%	5.62%	-29.17%	-11.03%
Accounts Receivable	1.19	5.66	7.76	7.48	11.54
Other Receivables	3.46	4.01	0.08	3.57	0.21
Receivables	4.65	9.67	7.84	11.05	11.75
Inventory	19.93	19.01	0.27	0.36	0.4
Prepaid Expenses	1.15	1.63	0.85	1	1.47
Other Current Assets	2.83	1.5	2.76	1.29	3.04
Total Current Assets	476.16	461.08	378.51	360.98	506.95
Property, Plant & Equipment	71.55	74.44	79.18	79.54	84.24
Long-Term Investments	137.27	136.8	136.33	153.77	22.4
Other Intangible Assets	8.15	8.28	8.4	8.09	8.26
Other Long-Term Assets	127.7	129.84	111.19	111.19	116.59
Total Assets	820.84	810.43	713.61	713.58	738.44
Accounts Payable	15.71	13.1	17.93	21.16	19.73
Accrued Expenses	25.58	22.31	18.73	17.32	5.5
Current Portion of Long-Term Debt	100	100	18.5	-	1.9
Current Portion of Leases	0.08	0.08	0.07	0.08	0.07
Current Unearned Revenue	15.52	12.7	10.35	12.1	11.49
Other Current Liabilities	8.06	11.7	7.16	7.16	7.05
Total Current Liabilities	164.95	159.89	72.75	57.81	45.74
Long-Term Debt	-	-	-	-	17.33
Long-Term Leases	0.35	0.43	0.51	0.57	0.64
Pension & Post-Retirement Benefits	5.16	3.84	3.51	2.94	4.86
Total Liabilities	170.47	164.16	76.77	61.32	68.57
Common Stock	494.8	494.8	494.8	494.8	494.8
Retained Earnings	197.3	193.65	194.78	197.58	179.01
Comprehensive Income & Other	-41.72	-42.18	-52.74	-40.13	-3.94
Shareholders' Equity	650.37	646.27	636.84	652.25	669.87
Total Liabilities & Equity	820.84	810.43	713.61	713.58	738.44
Total Debt	100.44	100.51	19.08	0.65	19.94
Net Cash (Debt)	347.17	328.75	347.71	346.64	470.35
Net Cash Growth	5.60%	-5.45%	0.31%	-26.30%	-7.48%
Net Cash Per Share	0.70	0.66	0.70	0.70	0.95
Filing Date Shares Outstanding	494.8	494.8	494.8	494.8	494.8
Total Common Shares Outstanding	494.8	494.8	494.8	494.8	494.8
Working Capital	311.21	301.18	305.76	303.17	461.21
Book Value Per Share	1.31	1.31	1.29	1.32	1.35
Tangible Book Value	642.22	637.99	628.44	644.16	661.61
Tangible Book Value Per Share	1.30	1.29	1.27	1.30	1.34
Land	29.99	29.99	29.99	29.99	29.99
Buildings	82.02	82.01	81.95	81.95	81.95
Machinery	26.53	25.73	23.81	22.54	21.99
Construction In Progress	0.02	-	2.98	0.03	0.22

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