KWSE:AREEC 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	2020 - 2016
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	2020 - 2016
Property, Plant & Equipment	91.65	91.95	91.87	91.17	83.45	Upgrade
Cash & Equivalents	4.85	3.1	3.03	3.71	1.88	Upgrade
Accounts Receivable	0.24	0.28	0.25	0.18	0.76	Upgrade
Other Current Assets	0.05	0.07	0.09	0.01	0.56	Upgrade
Trading Asset Securities	0.98	1.05	0.52	0.42	1.84	Upgrade
Other Long-Term Assets	79.64	78.43	76.84	75.7	74.31	Upgrade
Total Assets	177.41	174.88	172.62	171.2	162.81	Upgrade
Current Portion of Long-Term Debt	-	-	1.5	0.75	-	Upgrade
Long-Term Debt	30	30	30.25	31.75	27.8	Upgrade
Long-Term Leases	-	-	-	-	0.45	Upgrade
Accounts Payable	0.9	1.04	1.23	2.62	3.25	Upgrade
Accrued Expenses	0.84	0.57	0.51	0.34	0.16	Upgrade
Current Unearned Revenue	0.38	0.36	0.32	0.29	-	Upgrade
Other Current Liabilities	0.93	0.77	0.65	0.56	0.12	Upgrade
Other Long-Term Liabilities	1.02	1.01	1	0.71	0.15	Upgrade
Total Liabilities	34.71	34.3	35.93	38.05	32.78	Upgrade
Common Stock	21.03	21.03	20.42	19.45	19.45	Upgrade
Additional Paid-In Capital	5.2	5.2	5.2	5.2	5.2	Upgrade
Retained Earnings	70.62	68.5	65.23	62.7	59.66	Upgrade
Treasury Stock	-0.32	-0.32	-0.32	-0.32	-0.32	Upgrade
Comprehensive Income & Other	46.17	46.17	46.16	46.12	46.03	Upgrade
Shareholders' Equity	142.7	140.58	136.69	133.15	130.03	Upgrade
Total Liabilities & Equity	177.41	174.88	172.62	171.2	162.81	Upgrade
Total Debt	30	30	31.75	33.1	28.76	Upgrade
Net Cash (Debt)	-24.17	-25.85	-28.2	-28.97	-25.04	Upgrade
Net Cash Per Share	-0.12	-0.12	-0.13	-0.14	-0.12	Upgrade
Filing Date Shares Outstanding	209.19	209.19	209.19	209.19	209.19	Upgrade
Total Common Shares Outstanding	209.19	209.19	209.19	209.19	209.19	Upgrade
Book Value Per Share	0.68	0.67	0.65	0.64	0.62	Upgrade
Tangible Book Value	142.7	140.58	136.69	133.15	130.03	Upgrade
Tangible Book Value Per Share	0.68	0.67	0.65	0.64	0.62	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.