KWSE:ARZAN Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Cash & Equivalents	10.21	3.81	6.76	9.44	11.51	11.34	Upgrade
Long-Term Investments	253.86	171.07	133.91	137.82	135.65	108.79	Upgrade
Trading Asset Securities	12.15	27.1	10.63	11.17	6.3	3.73	Upgrade
Loans & Lease Receivables	0.89	0.76	0.86	0.68	0.96	0.62	Upgrade
Other Receivables	13.49	8.55	6.66	7.42	7.32	2.62	Upgrade
Property, Plant & Equipment	3.06	3.22	3.29	3.41	3.59	3.77	Upgrade
Other Intangible Assets	-	-	-	0.06	0.07	0.09	Upgrade
Restricted Cash	-	-	-	-	-	1.3	Upgrade
Other Current Assets	27.17	20.99	11.82	19.38	22.8	15.67	Upgrade
Other Long-Term Assets	46.53	45.78	34.31	2.9	6.7	6.76	Upgrade
Total Assets	369.23	283.2	209.66	193.59	196.18	155.4	Upgrade
Accounts Payable	0.35	0.15	0.15	0.28	0.16	0.21	Upgrade
Accrued Expenses	7.5	3.9	3.79	1.28	1	0.75	Upgrade
Current Portion of Long-Term Debt	34.03	23.7	3.79	7.25	2.64	9.61	Upgrade
Long-Term Debt	30.5	19.98	21.13	21.42	18.81	14.36	Upgrade
Long-Term Leases	0.04	0.06	0	0.02	0.05	0.04	Upgrade
Current Income Taxes Payable	4.36	3.37	3.09	2.91	2.86	3.04	Upgrade
Other Current Liabilities	-	-	-	-	-	0.48	Upgrade
Pension & Post-Retirement Benefits	2.07	1.89	1.8	1.75	1.59	1.48	Upgrade
Other Long-Term Liabilities	2.98	2.94	3.97	2.07	3.78	2.8	Upgrade
Total Liabilities	81.84	55.99	37.74	36.99	30.9	32.77	Upgrade
Common Stock	90.74	86.42	83.1	83.1	80.29	80.29	Upgrade
Additional Paid-In Capital	9.36	9.36	9.36	9.36	9.36	23.8	Upgrade
Retained Earnings	68.01	26.8	11.2	9.14	5.91	-9.91	Upgrade
Comprehensive Income & Other	46.11	49.95	29.64	16.16	26.73	3.87	Upgrade
Total Common Equity	213.89	172.29	131.78	115.22	120.81	96.84	Upgrade
Minority Interest	73.5	54.92	40.14	41.39	44.48	25.78	Upgrade
Shareholders' Equity	287.39	227.21	171.92	156.6	165.28	122.62	Upgrade
Total Liabilities & Equity	369.23	283.2	209.66	193.59	196.18	155.4	Upgrade
Total Debt	64.57	43.74	24.93	28.7	21.5	24.01	Upgrade
Net Cash (Debt)	-42.21	-12.83	-7.54	-8.09	-3.7	-8.94	Upgrade
Net Cash Per Share	-0.05	-0.01	-0.01	-0.01	-0.00	-0.01	Upgrade
Filing Date Shares Outstanding	906.3	906.28	889.29	876.13	883.56	885.82	Upgrade
Total Common Shares Outstanding	906.3	906.28	889.29	876.13	883.56	885.82	Upgrade
Working Capital	19.54	32	27.32	37.67	43.51	21.9	Upgrade
Book Value Per Share	0.24	0.19	0.15	0.13	0.14	0.11	Upgrade
Tangible Book Value	213.89	172.29	131.78	115.16	120.74	96.75	Upgrade
Tangible Book Value Per Share	0.24	0.19	0.15	0.13	0.14	0.11	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.