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	Jun '25 Jun 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	101.58	122.41	106.34	164.66	67.26	50.13
Short-Term Investments	95.77	74.06	-	0.34	-	-
Cash & Short-Term Investments	197.35	196.47	106.34	165	67.26	50.13
Cash Growth	51.29%	84.75%	-35.55%	145.33%	34.16%	-
Accounts Receivable	15.88	11.46	27.98	3.76	-	-
Other Receivables	1.34	0.72	0.2	-	0.22	0.47
Receivables	17.22	12.26	28.23	3.78	0.22	0.47
Inventory	70.95	56.94	55.97	80.32	95.97	95.2
Prepaid Expenses	4.67	3.45	2.5	2.03	1.61	1.5
Other Current Assets	15.87	16.13	12.82	8.26	6.58	8.01
Total Current Assets	306.07	285.25	205.86	259.39	171.63	155.33
Property, Plant & Equipment	835.01	854.36	894.46	835.75	858.24	803.01
Other Intangible Assets	57.42	57.67	56.72	55.87	5.56	3.54
Total Assets	1,198	1,197	1,157	1,151	1,035	961.88
Accounts Payable	25.78	33.34	22.4	26.84	46.9	100.58
Accrued Expenses	23.89	20.74	26.73	32.67	13.13	11.82
Current Portion of Leases	23.93	23.72	22.99	22.59	22.23	17.52
Current Income Taxes Payable	4.34	7.48	0.92	13.85	0.21	-
Current Unearned Revenue	9.41	9.86	10.51	9.4	5.69	4.87
Other Current Liabilities	4.18	4.35	1.49	2.6	0.24	0.09
Total Current Liabilities	91.53	99.49	85.04	107.94	88.4	134.88
Long-Term Leases	352.53	370.01	379.27	286.5	294.17	224.45
Long-Term Deferred Tax Liabilities	6.83	8.79	5.81	-	-	-
Total Liabilities	457.78	483.9	474.03	395.86	383.64	360.14
Common Stock	540	540	473.9	473.9	473.9	473.9
Retained Earnings	201.32	173.97	143.44	281.24	177.89	127.83
Comprehensive Income & Other	-0.61	-0.6	65.67	-	-	-
Shareholders' Equity	740.71	713.37	683.01	755.15	651.8	601.73
Total Liabilities & Equity	1,198	1,197	1,157	1,151	1,035	961.88
Total Debt	376.46	393.73	402.25	309.1	316.4	241.97
Net Cash (Debt)	-179.11	-197.26	-295.91	-144.1	-249.15	-191.83
Net Cash Per Share	-0.33	-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	214.54	185.77	120.83	151.45	83.24	20.44
Book Value Per Share	1.37	1.32	1.44	1.59	1.38	1.27
Tangible Book Value	683.29	655.71	626.29	699.28	646.24	598.19
Tangible Book Value Per Share	1.27	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.