Arabian Pipes Company Balance Sheet

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

Millions SAR. 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	15.42	99.4	94.08	77.71	8.53
Short-Term Investments	-	20	-	-	-
Cash & Short-Term Investments	15.42	119.4	94.08	77.71	8.53
Cash Growth	-87.09%	26.91%	21.07%	811.07%	-57.45%
Accounts Receivable	195.41	185.26	206.95	125.92	13.11
Other Receivables	-	-	-	-	2.26
Receivables	195.41	185.26	206.95	125.92	15.37
Inventory	201.75	311.68	269.81	202.11	142.07
Prepaid Expenses	0.06	0.58	0.62	2.14	-
Other Current Assets	31.21	15.25	11.87	14.49	3.23
Total Current Assets	443.84	632.18	583.34	422.36	169.19
Property, Plant & Equipment	280.43	296.8	320.42	346.12	391.43
Other Intangible Assets	1.77	2.6	3.95	0.07	-
Total Assets	726.04	931.58	907.71	768.55	560.62
Accounts Payable	37.93	37.54	45.72	53.21	16.05
Accrued Expenses	13.98	20.33	35.91	22.19	47.16
Short-Term Debt	106.64	335.93	427.04	388.28	261.52
Current Portion of Long-Term Debt	-	10.79	31.43	18.72	78.76
Current Portion of Leases	1.35	1.33	0.78	1.37	1.21
Current Income Taxes Payable	10.89	8.99	10.18	3.64	4.28
Current Unearned Revenue	10.42	3.29	1.66	3.43	-
Other Current Liabilities	3.8	14.04	56.18	76.79	8.09
Total Current Liabilities	185	432.24	608.89	567.62	417.07
Long-Term Debt	-	47.26	20.65	54.3	-
Long-Term Leases	22.53	23.76	23.13	23.9	18.65
Long-Term Unearned Revenue	-	0.69	0.12	1.33	-
Pension & Post-Retirement Benefits	28.27	24.29	21.81	20.09	19.19
Other Long-Term Liabilities	2.13	2.03	-	-	-
Total Liabilities	237.92	530.26	674.59	667.24	454.92
Common Stock	200	150	100	100	400
Retained Earnings	292.28	254.31	136.13	4.02	-291.24
Comprehensive Income & Other	-4.16	-2.99	-3.01	-2.71	-3.06
Shareholders' Equity	488.12	401.32	233.12	101.31	105.7
Total Liabilities & Equity	726.04	931.58	907.71	768.55	560.62
Total Debt	130.51	419.07	503.02	486.58	360.14
Net Cash (Debt)	-115.1	-299.67	-408.94	-408.87	-351.61
Net Cash Per Share	-0.58	-1.50	-2.04	-2.04	-1.76
Filing Date Shares Outstanding	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200
Working Capital	258.84	199.94	-25.56	-145.26	-247.88
Book Value Per Share	2.44	2.01	1.17	0.51	0.53
Tangible Book Value	486.35	398.72	229.17	101.24	105.7
Tangible Book Value Per Share	2.43	1.99	1.15	0.51	0.53
Land	5.68	5.68	5.68	5.68	5.68
Buildings	91.58	91.39	91.39	90.66	90.66
Machinery	769.01	772.51	759.92	744.6	735.05
Construction In Progress	7.57	0.07	-	8.49	9.52

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