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	Jun '26 Jun 30, 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	151.5	63.1	122.41	106.34	164.66	67.26
Short-Term Investments	64.84	156.16	74.06	-	0.34	-
Cash & Short-Term Investments	216.34	219.26	196.47	106.34	165	67.26
Cash Growth	9.62%	11.60%	84.75%	-35.55%	145.33%	34.16%
Accounts Receivable	19.72	26.11	11.46	27.98	3.76	-
Other Receivables	-	0.71	0.72	0.2	-	0.22
Receivables	19.72	26.82	12.17	28.23	3.78	0.22
Inventory	61.79	62.01	56.94	55.97	80.32	95.97
Prepaid Expenses	6.55	3.53	3.81	2.5	2.03	1.61
Other Current Assets	3.57	6.95	6.43	12.82	8.26	6.58
Total Current Assets	307.98	318.57	275.82	205.86	259.39	171.63
Property, Plant & Equipment	843.22	829.93	854.36	894.46	835.75	858.24
Other Intangible Assets	57.66	58.05	57.67	56.72	55.87	5.56
Other Long-Term Assets	65.98	52.45	9.43	-	-	-
Total Assets	1,275	1,259	1,197	1,157	1,151	1,035
Accounts Payable	24.89	29.74	32.33	22.4	26.84	46.9
Accrued Expenses	27.59	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	5.2	6.21	7.48	0.92	13.85	0.21
Current Unearned Revenue	9.43	9.52	9.86	10.51	9.4	5.69
Other Current Liabilities	4.17	4.22	4.57	1.49	2.6	0.24
Total Current Liabilities	84.93	86.18	88.32	85.04	107.94	88.4
Long-Term Leases	345.02	363.18	381.18	379.27	286.5	294.17
Pension & Post-Retirement Benefits	9.29	7.97	5.62	3.92	1.42	1.07
Long-Term Deferred Tax Liabilities	7.24	6.95	8.79	5.81	-	-
Total Liabilities	446.49	464.27	483.9	474.03	395.86	383.64
Common Stock	540	540	540	473.9	473.9	473.9
Retained Earnings	289.63	255.96	173.97	143.44	281.24	177.89
Comprehensive Income & Other	-1.28	-1.23	-0.6	65.67	-	-
Shareholders' Equity	828.35	794.73	713.37	683.01	755.15	651.8
Total Liabilities & Equity	1,275	1,259	1,197	1,157	1,151	1,035
Total Debt	358.67	376.35	393.73	402.25	309.1	316.4
Net Cash (Debt)	-142.33	-157.09	-197.26	-295.91	-144.1	-249.15
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.26	-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	223.04	232.4	187.51	120.83	151.45	83.24
Book Value Per Share	1.53	1.47	1.32	1.44	1.59	1.38
Tangible Book Value	770.69	736.68	655.71	626.29	699.28	646.24
Tangible Book Value Per Share	1.43	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