Agility reported a fair value gain of KD 183.8 million for the fiscal year ended 31 December 2025, following a Purchase Price Allocation (PPA) exercise. This gain was triggered by the Group’s stake in Agility Global PLC reducing from 51% to 26.58%, leading to its reclassification from a subsidiary to an investment in an associate valued at KD 288.3 million.
External auditors issued a qualified opinion concerning KD 192.6 million in investment properties that are subject to ongoing legal disputes. These properties involve expired lease contracts with the Public Authority for Industry (PAI), and the auditors were unable to obtain sufficient evidence regarding their existence, valuation, or the Group's enforceable lease rights.
The audit qualification also cited uncertainty over a KD 64.5 million legal claim receivable from the General Administration of Customs (GAC). While a final judgment awarded Agility this compensation plus 7% annual interest, the auditors could not verify the recoverability of the principal or the final enforceable interest amount due to legal indeterminacy.
Management and auditors identified contingent liabilities from multiple ongoing legal proceedings
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