QSE:NLCS Balance Sheet

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	328.02	26.28	25.58	22.64	248.95	287.91
Short-Term Investments	-	298.96	308.96	308	50	50
Trading Asset Securities	-	104.02	32.25	16.65	191.35	213.14
Cash & Short-Term Investments	328.02	429.26	366.79	347.29	490.29	551.05
Cash Growth	-7.09%	17.03%	5.62%	-29.17%	-11.03%	-3.04%
Accounts Receivable	3.76	5.66	7.76	7.48	11.54	18.69
Other Receivables	-	4.01	0.08	3.57	0.21	0.74
Receivables	3.76	9.67	7.84	11.05	11.75	19.42
Inventory	19.75	19.01	0.27	0.36	0.4	0.55
Prepaid Expenses	6.56	1.63	0.85	1	1.47	1.5
Other Current Assets	-	1.5	2.76	1.29	3.04	13.4
Total Current Assets	358.09	461.08	378.51	360.98	506.95	585.93
Property, Plant & Equipment	72.41	74.44	79.18	79.54	84.24	115.6
Long-Term Investments	252.75	136.8	136.33	153.77	22.4	13.19
Other Intangible Assets	8.18	8.28	8.4	8.09	8.26	8.45
Other Long-Term Assets	129.84	129.84	111.19	111.19	116.59	99.05
Total Assets	821.27	810.43	713.61	713.58	738.44	822.21
Accounts Payable	63.85	17.64	17.93	21.16	19.73	38.24
Accrued Expenses	-	22.31	18.73	17.32	5.5	14.23
Current Portion of Long-Term Debt	100	100	18.5	-	1.9	24.56
Current Portion of Leases	-	0.08	0.07	0.08	0.07	0.07
Current Unearned Revenue	10.02	12.7	10.35	12.1	11.49	16.24
Other Current Liabilities	-	7.16	7.16	7.16	7.05	7.05
Total Current Liabilities	173.88	159.89	72.75	57.81	45.74	100.4
Long-Term Debt	-	-	-	-	17.33	17.33
Long-Term Leases	0.43	0.43	0.51	0.57	0.64	0.7
Pension & Post-Retirement Benefits	-	3.84	3.51	2.94	4.86	4.54
Total Liabilities	174.31	164.16	76.77	61.32	68.57	122.97
Common Stock	494.8	494.8	494.8	494.8	494.8	494.8
Retained Earnings	192.36	193.65	194.78	197.58	179.01	206.26
Comprehensive Income & Other	-40.2	-42.18	-52.74	-40.13	-3.94	-1.82
Shareholders' Equity	646.96	646.27	636.84	652.25	669.87	699.24
Total Liabilities & Equity	821.27	810.43	713.61	713.58	738.44	822.21
Total Debt	100.43	100.51	19.08	0.65	19.94	42.66
Net Cash (Debt)	227.59	328.75	347.71	346.64	470.35	508.39
Net Cash Growth	-9.88%	-5.45%	0.31%	-26.30%	-7.48%	-1.59%
Net Cash Per Share	0.45	0.66	0.70	0.70	0.95	1.03
Filing Date Shares Outstanding	494.8	494.8	494.8	494.8	494.8	494.8
Total Common Shares Outstanding	494.8	494.8	494.8	494.8	494.8	494.8
Working Capital	184.22	301.18	305.76	303.17	461.21	485.52
Book Value Per Share	1.31	1.31	1.29	1.32	1.35	1.41
Tangible Book Value	638.78	637.99	628.44	644.16	661.61	690.79
Tangible Book Value Per Share	1.29	1.29	1.27	1.30	1.34	1.40
Land	-	29.99	29.99	29.99	29.99	29.99
Buildings	-	82.01	81.95	81.95	81.95	113.43
Machinery	-	25.73	23.81	22.54	21.99	27.56
Construction In Progress	-	-	2.98	0.03	0.22	0.19

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.