Fourth 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	63.1	122.41	106.34	164.66	67.26
Short-Term Investments	156.16	74.06	-	0.34	-
Cash & Short-Term Investments	219.26	196.47	106.34	165	67.26
Cash Growth	11.60%	84.75%	-35.55%	145.33%	34.16%
Accounts Receivable	26.11	11.46	27.98	3.76	-
Other Receivables	0.71	0.72	0.2	-	0.22
Receivables	26.82	12.17	28.23	3.78	0.22
Inventory	62.01	56.94	55.97	80.32	95.97
Prepaid Expenses	3.53	3.81	2.5	2.03	1.61
Other Current Assets	6.95	6.43	12.82	8.26	6.58
Total Current Assets	318.57	275.82	205.86	259.39	171.63
Property, Plant & Equipment	829.93	854.36	894.46	835.75	858.24
Other Intangible Assets	58.05	57.67	56.72	55.87	5.56
Other Long-Term Assets	52.45	9.43	-	-	-
Total Assets	1,259	1,197	1,157	1,151	1,035
Accounts Payable	29.74	32.33	22.4	26.84	46.9
Accrued Expenses	23.32	21.52	26.73	32.67	13.13
Current Portion of Leases	13.18	12.55	22.99	22.59	22.23
Current Income Taxes Payable	6.21	7.48	0.92	13.85	0.21
Current Unearned Revenue	9.52	9.86	10.51	9.4	5.69
Other Current Liabilities	4.22	4.57	1.49	2.6	0.24
Total Current Liabilities	86.18	88.32	85.04	107.94	88.4
Long-Term Leases	363.18	381.18	379.27	286.5	294.17
Pension & Post-Retirement Benefits	7.97	5.62	3.92	1.42	1.07
Long-Term Deferred Tax Liabilities	6.95	8.79	5.81	-	-
Total Liabilities	464.27	483.9	474.03	395.86	383.64
Common Stock	540	540	473.9	473.9	473.9
Retained Earnings	255.96	173.97	143.44	281.24	177.89
Comprehensive Income & Other	-1.23	-0.6	65.67	-	-
Shareholders' Equity	794.73	713.37	683.01	755.15	651.8
Total Liabilities & Equity	1,259	1,197	1,157	1,151	1,035
Total Debt	376.35	393.73	402.25	309.1	316.4
Net Cash (Debt)	-157.09	-197.26	-295.91	-144.1	-249.15
Net Cash Per Share	-0.29	-0.37	-0.55	-0.30	-0.53
Filing Date Shares Outstanding	540	540	473.9	473.9	473.9
Total Common Shares Outstanding	540	540	473.9	473.9	473.9
Working Capital	232.4	187.51	120.83	151.45	83.24
Book Value Per Share	1.47	1.32	1.44	1.59	1.38
Tangible Book Value	736.68	655.71	626.29	699.28	646.24
Tangible Book Value Per Share	1.36	1.21	1.32	1.48	1.36
Buildings	247.05	243.42	242.41	241.91	233.19
Machinery	526.21	515.64	505.4	478.74	461.46
Construction In Progress	22.09	3.76	7.49	9.51	12.77

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