KWSE:ALFTAQA Balance Sheet

Financials in millions KWD. Fiscal year is January - December.

Millions KWD. 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	19.28	5.72	0.19	0.63	0.02
Short-Term Investments	7.15	4.45	-	-	-
Cash & Short-Term Investments	26.43	10.17	0.19	0.63	0.02
Cash Growth	159.88%	5152.19%	-69.18%	2846.45%	-
Accounts Receivable	8.88	6.48	5.37	4.02	4.37
Other Receivables	0.77	0.46	0.63	0.76	1.16
Receivables	9.65	6.93	5.99	4.79	5.53
Inventory	1.17	0.81	0.56	0.53	0.52
Prepaid Expenses	0.21	0.58	0.37	0.36	0.47
Restricted Cash	1.32	0.44	-	-	-
Other Current Assets	0.93	1.43	0.25	0.03	0.11
Total Current Assets	39.71	20.37	7.36	6.34	6.66
Property, Plant & Equipment	125.12	114.99	93.08	72.49	64.59
Other Intangible Assets	0.51	-	-	-	-
Other Long-Term Assets	0.98	1.15	1.15	0.94	-
Total Assets	166.31	136.51	101.59	79.77	71.25
Accounts Payable	2.32	4.62	5.16	0.85	2.71
Accrued Expenses	2.07	2.54	1.74	1.93	1.12
Short-Term Debt	-	0.03	0.09	-	-
Current Portion of Long-Term Debt	3.08	7.04	9.25	1.53	7.44
Current Portion of Leases	0.08	-	-	-	-
Current Income Taxes Payable	0.12	0.04	0.1	-	-
Current Unearned Revenue	0.46	0.29	1.32	-	-
Other Current Liabilities	0.23	0.2	0.15	3.52	6.94
Total Current Liabilities	8.37	14.75	17.81	7.83	18.21
Long-Term Debt	71.76	80.47	45.31	36.03	22.69
Long-Term Leases	0.09	-	-	-	-
Long-Term Unearned Revenue	1.01	0.74	-	-	-
Pension & Post-Retirement Benefits	1.07	0.72	0.54	0.41	0.32
Total Liabilities	82.29	96.68	63.66	44.27	41.22
Common Stock	56.65	20	20	20	0.1
Additional Paid-In Capital	19.83	-	-	-	-
Retained Earnings	7.3	19.83	17.93	15.49	19.93
Comprehensive Income & Other	-	-	-	-	10
Total Common Equity	83.78	39.83	37.93	35.49	30.03
Minority Interest	0.24	-	-	-	-
Shareholders' Equity	84.02	39.83	37.93	35.49	30.03
Total Liabilities & Equity	166.31	136.51	101.59	79.77	71.25
Total Debt	75.02	87.54	54.65	37.56	30.13
Net Cash (Debt)	-48.59	-77.37	-54.46	-36.93	-30.11
Net Cash Per Share	-0.12	-0.21	-0.15	-0.10	-
Filing Date Shares Outstanding	566.5	375	375	375	-
Total Common Shares Outstanding	566.5	375	375	375	-
Working Capital	31.34	5.62	-10.45	-1.5	-11.55
Book Value Per Share	0.15	0.11	0.10	0.09	-
Tangible Book Value	83.27	39.83	37.93	35.49	30.03
Tangible Book Value Per Share	0.15	0.11	0.10	0.09	-
Machinery	144.8	107.01	99.46	72.51	72.36
Construction In Progress	0.89	24.28	6.42	10.09	-

Source: S&P Capital IQ. Standard template. Financial Sources.