Fourth Milling Company Balance Sheet

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

Millions SAR. 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	122.13	122.41	106.34	164.66	67.26	50.13
Short-Term Investments	44.38	74.06	-	0.34	-	-
Cash & Short-Term Investments	166.51	196.47	106.34	165	67.26	50.13
Cash Growth	-21.32%	84.75%	-35.55%	145.33%	34.16%	-
Accounts Receivable	18.53	11.46	27.98	3.76	-	-
Other Receivables	0.57	0.72	0.2	-	0.22	0.47
Receivables	19.09	12.26	28.23	3.78	0.22	0.47
Inventory	65.66	56.94	55.97	80.32	95.97	95.2
Prepaid Expenses	4.91	3.45	2.5	2.03	1.61	1.5
Other Current Assets	7.54	16.13	12.82	8.26	6.58	8.01
Total Current Assets	263.71	285.25	205.86	259.39	171.63	155.33
Property, Plant & Equipment	829.78	854.36	894.46	835.75	858.24	803.01
Other Intangible Assets	57.62	57.67	56.72	55.87	5.56	3.54
Total Assets	1,183	1,197	1,157	1,151	1,035	961.88
Accounts Payable	21.7	33.34	22.4	26.84	46.9	100.58
Accrued Expenses	25.98	20.74	26.73	32.67	13.13	11.82
Current Portion of Leases	23.69	23.72	22.99	22.59	22.23	17.52
Current Income Taxes Payable	3.79	7.48	0.92	13.85	0.21	-
Current Unearned Revenue	6.64	9.86	10.51	9.4	5.69	4.87
Other Current Liabilities	4.21	4.35	1.49	2.6	0.24	0.09
Total Current Liabilities	86.01	99.49	85.04	107.94	88.4	134.88
Long-Term Leases	349.84	370.01	379.27	286.5	294.17	224.45
Pension & Post-Retirement Benefits	7.42	5.62	3.92	1.42	1.07	0.82
Long-Term Deferred Tax Liabilities	6.6	8.79	5.81	-	-	-
Total Liabilities	449.87	483.9	474.03	395.86	383.64	360.14
Common Stock	540	540	473.9	473.9	473.9	473.9
Retained Earnings	194.04	173.97	143.44	281.24	177.89	127.83
Comprehensive Income & Other	-0.93	-0.6	65.67	-	-	-
Shareholders' Equity	733.11	713.37	683.01	755.15	651.8	601.73
Total Liabilities & Equity	1,183	1,197	1,157	1,151	1,035	961.88
Total Debt	373.53	393.73	402.25	309.1	316.4	241.97
Net Cash (Debt)	-207.02	-197.26	-295.91	-144.1	-249.15	-191.83
Net Cash Per Share	-0.38	-0.37	-0.55	-0.30	-0.53	-0.40
Filing Date Shares Outstanding	540	540	473.9	473.9	473.9	473.9
Total Common Shares Outstanding	540	540	473.9	473.9	473.9	473.9
Working Capital	177.7	185.77	120.83	151.45	83.24	20.44
Book Value Per Share	1.36	1.32	1.44	1.59	1.38	1.27
Tangible Book Value	675.48	655.71	626.29	699.28	646.24	598.19
Tangible Book Value Per Share	1.25	1.21	1.32	1.48	1.36	1.26
Buildings	-	243.42	242.41	241.91	233.19	227.83
Machinery	-	515.64	505.4	478.74	461.46	451.38
Construction In Progress	-	3.76	7.49	9.51	12.77	9.52

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