The First Milling 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	93.31	192.54	192.11	215.33	157.48
Trading Asset Securities	7.93	19.42	-	-	-
Cash & Short-Term Investments	101.24	211.96	192.11	215.33	157.48
Cash Growth	-52.24%	10.34%	-10.78%	36.73%	-69.64%
Accounts Receivable	40.32	18.56	5.08	6.18	2.38
Other Receivables	9.39	0	0.32	8.74	6.35
Receivables	49.71	18.57	5.4	14.93	8.73
Inventory	162.9	161.7	148.35	119.1	115.82
Prepaid Expenses	3.23	4.37	4.09	5.14	3.15
Other Current Assets	21.45	7.16	29.75	60.62	13.47
Total Current Assets	338.53	403.76	379.7	415.11	298.65
Property, Plant & Equipment	1,108	981.65	974.73	857.4	853.44
Long-Term Investments	-	7.73	18.31	58.16	-
Goodwill	1,139	1,091	1,091	1,091	-
Other Intangible Assets	11.11	9.16	5.07	5.02	4.33
Other Long-Term Assets	2.23	2.56	2.23	-	-
Total Assets	2,599	2,496	2,471	2,426	1,156
Accounts Payable	73.37	60.13	48.93	44.14	60.74
Accrued Expenses	78.05	66.52	73.98	79.25	41.28
Short-Term Debt	40	-	-	-	-
Current Portion of Long-Term Debt	122.26	162.37	107.72	164.27	-
Current Portion of Leases	25.05	30.93	22.7	23.08	10.72
Current Income Taxes Payable	6.93	5.94	6.65	6.17	4.74
Current Unearned Revenue	20.44	24.31	18.78	17.67	22.5
Other Current Liabilities	31.06	10.48	10.59	2.86	2.56
Total Current Liabilities	397.17	360.67	289.36	337.44	142.53
Long-Term Debt	778.49	848.27	936.39	1,006	-
Long-Term Leases	301.82	309.27	315.39	326.66	348
Pension & Post-Retirement Benefits	7.99	8.67	6.55	4.89	0.7
Other Long-Term Liabilities	42.15	23.6	30.9	-	-
Total Liabilities	1,528	1,550	1,579	1,675	491.23
Common Stock	555	555	555	555	539.24
Retained Earnings	541.22	416.03	327.85	182.49	125.96
Treasury Stock	-25.32	-25.32	-	-	-
Comprehensive Income & Other	-3.21	-0.67	9.28	13.47	-
Total Common Equity	1,068	945.05	892.14	750.96	665.19
Minority Interest	3.61	-	-	-	-
Shareholders' Equity	1,071	945.05	892.14	750.96	665.19
Total Liabilities & Equity	2,599	2,496	2,471	2,426	1,156
Total Debt	1,268	1,351	1,382	1,520	358.72
Net Cash (Debt)	-1,166	-1,139	-1,190	-1,305	-201.24
Net Cash Per Share	-20.91	-20.44	-21.33	-145.99	-3.73
Filing Date Shares Outstanding	55.2	55.2	55.5	55.5	53.92
Total Common Shares Outstanding	55.2	55.2	55.5	55.5	53.92
Working Capital	-58.65	43.09	90.35	77.67	156.12
Book Value Per Share	19.34	17.12	16.07	13.53	12.34
Tangible Book Value	-82.1	-154.78	-203.61	-344.73	660.86
Tangible Book Value Per Share	-1.49	-2.80	-3.67	-6.21	12.26
Buildings	443.64	406.64	390.9	380.97	238.24
Machinery	500.9	449.56	401.27	272.08	371.51
Construction In Progress	138.9	42.07	57.13	32.1	27.25

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