QSE:NLCS Balance Sheet

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

Millions QAR. 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	285.49	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	285.49	447.6	429.26	366.79	347.29	490.29
Cash Growth	-5.92%	4.27%	17.03%	5.62%	-29.17%	-11.03%
Accounts Receivable	1.17	1.19	5.66	7.76	7.48	11.54
Other Receivables	-	3.46	4.01	0.08	3.57	0.21
Receivables	1.17	4.65	9.67	7.84	11.05	11.75
Inventory	20.14	19.93	19.01	0.27	0.36	0.4
Prepaid Expenses	15.85	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	322.65	476.16	461.08	378.51	360.98	506.95
Property, Plant & Equipment	70.63	71.55	74.44	79.18	79.54	84.24
Long-Term Investments	252.83	137.27	136.8	136.33	153.77	22.4
Other Intangible Assets	8.12	8.15	8.28	8.4	8.09	8.26
Other Long-Term Assets	127.7	127.7	129.84	111.19	111.19	116.59
Total Assets	781.93	820.84	810.43	713.61	713.58	738.44
Accounts Payable	50.23	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	100.12	100	100	18.5	-	1.9
Current Portion of Leases	-	0.08	0.08	0.07	0.08	0.07
Current Unearned Revenue	13.85	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	164.2	164.95	159.89	72.75	57.81	45.74
Long-Term Debt	-	-	-	-	-	17.33
Long-Term Leases	0.44	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	164.64	170.47	164.16	76.77	61.32	68.57
Common Stock	494.8	494.8	494.8	494.8	494.8	494.8
Retained Earnings	182.57	197.3	193.65	194.78	197.58	179.01
Comprehensive Income & Other	-60.08	-41.72	-42.18	-52.74	-40.13	-3.94
Shareholders' Equity	617.3	650.37	646.27	636.84	652.25	669.87
Total Liabilities & Equity	781.93	820.84	810.43	713.61	713.58	738.44
Total Debt	100.56	100.44	100.51	19.08	0.65	19.94
Net Cash (Debt)	184.93	347.17	328.75	347.71	346.64	470.35
Net Cash Growth	-8.87%	5.60%	-5.45%	0.31%	-26.30%	-7.48%
Net Cash Per Share	0.38	0.70	0.66	0.70	0.70	0.95
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	158.45	311.21	301.18	305.76	303.17	461.21
Book Value Per Share	1.25	1.31	1.31	1.29	1.32	1.35
Tangible Book Value	609.17	642.22	637.99	628.44	644.16	661.61
Tangible Book Value Per Share	1.23	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

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