Musharaka REIT Fund 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
Property, Plant & Equipment	1,148	1,163	1,285	1,323	1,335	1,109
Cash & Equivalents	19.53	28.7	57.93	8.38	31.49	58.14
Accounts Receivable	231.81	242.05	241.69	249.67	246.65	265.94
Other Current Assets	1.32	0.9	2.66	47.8	38.72	-
Trading Asset Securities	2.56	0.52	-	5.46	5.31	5.28
Deferred Long-Term Charges	-	-	-	-	-	3.49
Total Assets	1,404	1,435	1,588	1,634	1,657	1,442
Current Portion of Leases	-	9	9.38	14.7	8.65	14.39
Long-Term Debt	674.03	673.97	678.33	661.72	657.44	405.27
Long-Term Leases	107.28	107.99	116.98	117.89	130.77	127.83
Accrued Expenses	10.65	8.35	14.37	32.94	23.76	14.18
Current Income Taxes Payable	-	-	-	-	-	1.96
Current Unearned Revenue	10.91	17.79	19.16	17.58	15.6	17.86
Other Current Liabilities	-	4.52	4.69	4.37	4.07	1.52
Total Liabilities	802.87	821.6	842.91	849.19	840.29	583
Common Stock	600.68	613.86	744.87	784.76	816.87	858.77
Shareholders' Equity	600.68	613.86	744.87	784.76	816.87	858.77
Total Liabilities & Equity	1,404	1,435	1,588	1,634	1,657	1,442
Total Debt	781.31	790.95	804.68	794.31	796.86	547.49
Net Cash (Debt)	-759.22	-761.74	-746.76	-780.47	-760.06	-484.07
Net Cash (Debt) Growth	-	-	-	-	-	-
Net Cash Per Share	-8.63	-8.66	-8.49	-8.87	-8.64	-5.50
Filing Date Shares Outstanding	88	88	88	88	88	88
Total Common Shares Outstanding	88	88	88	88	88	88
Book Value Per Share	6.83	6.98	8.46	8.92	9.28	9.76
Tangible Book Value	600.68	613.86	744.87	784.76	816.87	858.77
Tangible Book Value Per Share	6.83	6.98	8.46	8.92	9.28	9.76
Land	-	639.92	639.92	639.92	639.92	563.79
Buildings	-	659.83	659.83	659.83	650.64	473.27