Watani Iron Steel 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	Sep '25 Sep 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	3.59	12.06	9.51	11.86	4.7	8.45
Cash & Short-Term Investments	3.59	12.06	9.51	11.86	4.7	8.45
Cash Growth	-	26.81%	-19.84%	152.34%	-44.33%	-28.94%
Accounts Receivable	6.63	2.68	-	-	-	-
Other Receivables	0.85	0.34	2.88	2.25	4.37	1.25
Receivables	7.48	3.02	2.88	2.25	4.37	1.25
Inventory	86.63	64.82	63.54	67.82	50.02	52.08
Prepaid Expenses	0.47	0.8	0.77	0.86	0.86	0.68
Other Current Assets	0.9	0.62	0.64	2.14	2.45	1.88
Total Current Assets	99.07	81.32	77.34	84.94	62.4	64.34
Property, Plant & Equipment	251.8	262.78	276.27	264.74	282.67	297.02
Other Intangible Assets	25.94	25.94	25.94	25.94	25.94	25.94
Total Assets	376.82	370.04	379.55	375.63	371.02	387.3
Accounts Payable	26.19	37.03	32.78	37.49	27.44	27.29
Accrued Expenses	3.31	3.87	3.05	3.74	4.32	2.42
Short-Term Debt	86.38	64.16	91.16	76.9	76.23	105.55
Current Portion of Long-Term Debt	-	-	-	-	45.4	25
Current Income Taxes Payable	0.01	0.26	0.13	1.3	1.25	0.94
Other Current Liabilities	3.89	5.12	3.88	13	23.67	39.02
Total Current Liabilities	119.77	110.44	131	132.42	178.31	200.23
Long-Term Debt	-	-	-	-	-	42.3
Pension & Post-Retirement Benefits	9.24	8.24	6.11	5.63	5.49	4.44
Total Liabilities	129.01	118.69	137.11	138.05	183.79	246.97
Common Stock	181.65	181.65	181.65	121.1	121.1	121.1
Retained Earnings	66.22	69.77	59.91	116.21	66.66	19.6
Comprehensive Income & Other	-0.07	-0.07	0.88	0.27	-0.53	-0.37
Shareholders' Equity	247.81	251.36	242.44	237.58	187.23	140.33
Total Liabilities & Equity	376.82	370.04	379.55	375.63	371.02	387.3
Total Debt	86.38	64.16	91.16	76.9	121.63	172.85
Net Cash (Debt)	-82.79	-52.1	-81.65	-65.04	-116.92	-164.41
Net Cash Per Share	-0.46	-0.29	-0.45	-0.36	-0.64	-0.91
Filing Date Shares Outstanding	181.65	181.65	181.65	181.65	181.65	181.65
Total Common Shares Outstanding	181.65	181.65	181.65	181.65	181.65	181.65
Working Capital	-20.71	-29.13	-53.67	-47.48	-115.9	-135.89
Book Value Per Share	1.36	1.38	1.33	1.31	1.03	0.77
Tangible Book Value	221.86	225.41	216.5	211.64	161.28	114.38
Tangible Book Value Per Share	1.22	1.24	1.19	1.17	0.89	0.63
Land	-	17.43	17.43	9.69	9.69	7.69
Buildings	-	44.87	44.41	34.05	34.05	32.55
Machinery	-	365.67	363.73	352.83	351.2	350.01
Construction In Progress	-	6.88	2.37	-	-	-

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