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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	132.04	63.1	122.41	106.34	164.66	67.26
Short-Term Investments	119.06	156.16	74.06	-	0.34	-
Cash & Short-Term Investments	251.11	219.26	196.47	106.34	165	67.26
Cash Growth	9.29%	11.60%	84.75%	-35.55%	145.33%	34.16%
Accounts Receivable	27.52	26.11	11.46	27.98	3.76	-
Other Receivables	2.26	0.71	0.72	0.2	-	0.22
Receivables	29.78	26.82	12.17	28.23	3.78	0.22
Inventory	55.61	62.01	56.94	55.97	80.32	95.97
Prepaid Expenses	3.81	3.53	3.81	2.5	2.03	1.61
Other Current Assets	6.81	6.95	6.43	12.82	8.26	6.58
Total Current Assets	347.12	318.57	275.82	205.86	259.39	171.63
Property, Plant & Equipment	838.67	829.93	854.36	894.46	835.75	858.24
Other Intangible Assets	57.79	58.05	57.67	56.72	55.87	5.56
Other Long-Term Assets	52.3	52.45	9.43	-	-	-
Total Assets	1,296	1,259	1,197	1,157	1,151	1,035
Accounts Payable	22.7	29.74	32.33	22.4	26.84	46.9
Accrued Expenses	32.6	23.32	21.52	26.73	32.67	13.13
Current Portion of Leases	13.65	13.18	12.55	22.99	22.59	22.23
Current Income Taxes Payable	9.97	6.21	7.48	0.92	13.85	0.21
Current Unearned Revenue	6.79	9.52	9.86	10.51	9.4	5.69
Other Current Liabilities	74.37	4.22	4.57	1.49	2.6	0.24
Total Current Liabilities	160.08	86.18	88.32	85.04	107.94	88.4
Long-Term Leases	342.38	363.18	381.18	379.27	286.5	294.17
Pension & Post-Retirement Benefits	8.54	7.97	5.62	3.92	1.42	1.07
Long-Term Deferred Tax Liabilities	7.05	6.95	8.79	5.81	-	-
Total Liabilities	518.06	464.27	483.9	474.03	395.86	383.64
Common Stock	540	540	540	473.9	473.9	473.9
Retained Earnings	239.08	255.96	173.97	143.44	281.24	177.89
Comprehensive Income & Other	-1.26	-1.23	-0.6	65.67	-	-
Shareholders' Equity	777.82	794.73	713.37	683.01	755.15	651.8
Total Liabilities & Equity	1,296	1,259	1,197	1,157	1,151	1,035
Total Debt	356.03	376.35	393.73	402.25	309.1	316.4
Net Cash (Debt)	-104.92	-157.09	-197.26	-295.91	-144.1	-249.15
Net Cash Per Share	-0.19	-0.29	-0.37	-0.55	-0.30	-0.53
Filing Date Shares Outstanding	540	540	540	473.9	473.9	473.9
Total Common Shares Outstanding	540	540	540	473.9	473.9	473.9
Working Capital	187.04	232.4	187.51	120.83	151.45	83.24
Book Value Per Share	1.44	1.47	1.32	1.44	1.59	1.38
Tangible Book Value	720.03	736.68	655.71	626.29	699.28	646.24
Tangible Book Value Per Share	1.33	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.