Watani Iron Steel 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	18.9	12.06	9.51	11.86	4.7
Cash & Short-Term Investments	18.9	12.06	9.51	11.86	4.7
Cash Growth	56.69%	26.81%	-19.84%	152.34%	-44.33%
Accounts Receivable	4.96	2.68	-	-	-
Other Receivables	1.75	0.34	2.88	2.25	4.37
Receivables	6.71	3.02	2.88	2.25	4.37
Inventory	71.32	64.82	63.54	67.82	50.02
Prepaid Expenses	1.16	0.8	0.77	0.86	0.86
Other Current Assets	0.97	0.62	0.64	2.14	2.45
Total Current Assets	99.06	81.32	77.34	84.94	62.4
Property, Plant & Equipment	249.56	262.78	276.27	264.74	282.67
Other Intangible Assets	25.94	25.94	25.94	25.94	25.94
Total Assets	374.57	370.04	379.55	375.63	371.02
Accounts Payable	47.7	37.03	32.78	37.49	27.44
Accrued Expenses	3.74	3.87	3.05	3.74	4.32
Short-Term Debt	71.15	64.16	91.16	76.9	76.23
Current Portion of Long-Term Debt	-	-	-	-	45.4
Current Income Taxes Payable	-	0.26	0.13	1.3	1.25
Other Current Liabilities	5.94	5.12	3.88	13	23.67
Total Current Liabilities	128.52	110.44	131	132.42	178.31
Pension & Post-Retirement Benefits	9.9	8.24	6.11	5.63	5.49
Total Liabilities	138.42	118.69	137.11	138.05	183.79
Common Stock	181.65	181.65	181.65	121.1	121.1
Retained Earnings	54.91	69.77	59.91	116.21	66.66
Comprehensive Income & Other	-0.41	-0.07	0.88	0.27	-0.53
Shareholders' Equity	236.15	251.36	242.44	237.58	187.23
Total Liabilities & Equity	374.57	370.04	379.55	375.63	371.02
Total Debt	71.15	64.16	91.16	76.9	121.63
Net Cash (Debt)	-52.25	-52.1	-81.65	-65.04	-116.92
Net Cash Per Share	-0.29	-0.29	-0.45	-0.36	-0.64
Filing Date Shares Outstanding	181.65	181.65	181.65	181.65	181.65
Total Common Shares Outstanding	181.65	181.65	181.65	181.65	181.65
Working Capital	-29.46	-29.13	-53.67	-47.48	-115.9
Book Value Per Share	1.30	1.38	1.33	1.31	1.03
Tangible Book Value	210.2	225.41	216.5	211.64	161.28
Tangible Book Value Per Share	1.16	1.24	1.19	1.17	0.89
Land	17.43	17.43	17.43	9.69	9.69
Buildings	52.07	44.87	44.41	34.05	34.05
Machinery	368.32	365.67	363.73	352.83	351.2
Construction In Progress	-	6.88	2.37	-	-

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