SHAMAL AZ-ZOUR AL-OULA POWER AND WATER COMPANY K.S.C.P

Shamal Az-Zour Al-Oula Power and Water Company

AZNOULAStocksBoursa KuwaitUtilities

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	7.25M	12.16M	5.76M	13.38M	17.63M
Current Assets	42.74M	41.62M	43.48M	45.58M	47.21M
Total Assets	429.96M	448.69M	463.99M	480.03M	489.90M
Liabilities
Current Liabilities	31.91M	33.23M	29.98M	31.94M	42.94M
Long-Term Debt	262.21M	279.90M	313.10M	331.10M	388.53M
Total Debt	283.02M	299.03M	331.03M	348.21M	417.73M
Total Liabilities	294.29M	313.74M	343.68M	363.07M	431.50M
Equity & Ownership
Total Equity	135.67M	134.95M	120.31M	116.96M	58.40M
Shares Outstanding	1,100,000,000	1,100,000,000	1,100,000,000	1,100,000,000	1,100,000,000
Cash & Assets
Total Assets	429.96M	448.69M	463.99M	480.03M	489.90M
Total Current Assets	42.74M	41.62M	43.48M	45.58M	47.21M
Cash & Equivalents	7.25M	12.16M	5.76M	13.38M	17.63M
Net Cash (Debt)	-275.77M	-286.87M	-319.16M	-328.67M	-400.10M
Net Cash Per Share	-0.25	-0.26	-0.29	-0.30	-0.36
Accounts Receivable	33.23M	25.96M	30.87M	25.33M	28.48M
Other Receivables	1.41M	2.84M	0.03M	0.03M	0.47M
Prepaid Expenses	776.78K	588.16K	625.04K	591.97K	550.33K
Buildings	35.30K	16.98K	8.34K	8.33K	8.22K
Machinery	1.15M	1.15M	0.91M	0.89M	0.73M
Property, Plant & Equipment	827.66K	858.08K	659.45K	654.13K	500.92K
Other Current Assets	72.76K	76.03K	78.31K	80.81K	82.38K
Long-Term Accounts Receivable	386.39M	406.21M	419.85M	433.80M	442.19M
Loans & Investments
Trading Asset Securities	—	—	6.11M	6.16M	—
Liabilities & Obligations
Total Liabilities	294.29M	313.74M	343.68M	363.07M	431.50M
Total Liabilities & Equity	429.96M	448.69M	463.99M	480.03M	489.90M
Total Current Liabilities	31.91M	33.23M	29.98M	31.94M	42.94M
Accounts Payable	3.97M	4.94M	4.14M	0.00M	0.01M
Accrued Expenses	—	—	—	3.16M	4.67M
Other Current Liabilities	7.13M	9.16M	7.91M	11.66M	9.05M
Other Long-Term Liabilities	87.04K	546.59K	597.97K	37.38K	32.52K
Pension & Post-Retirement Benefits	83.64K	65.66K	—	—	—
Debt & Funding
Total Debt	283.02M	299.03M	331.03M	348.21M	417.73M
Current Portion of Long-Term Debt	20.81M	19.14M	17.94M	17.11M	29.21M
Long-Term Debt	262.21M	279.90M	313.10M	331.10M	388.53M
Equity & Book Value
Shareholders' Equity	135.67M	134.95M	120.31M	116.96M	58.40M
Common Stock	110.00M	110.00M	110.00M	110.00M	110.00M
Retained Earnings	31.14M	23.81M	19.00M	16.30M	21.64M
Comprehensive Income & Other	-5.47M	1.13M	-8.69M	-9.34M	-73.24M
Book Value Per Share	0.12	0.12	0.11	0.11	0.05
Tangible Book Value	135.67M	134.95M	120.31M	116.96M	58.40M
Tangible Book Value Per Share	0.12	0.12	0.11	0.11	0.05
Filing Date Shares Outstanding	1.10B	1.10B	1.10B	1.10B	1.10B
Total Common Shares Outstanding	1.10B	1.10B	1.10B	1.10B	1.10B
Working Capital	10.84M	8.39M	13.50M	13.64M	4.27M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	7.25M	12.16M	5.76M	13.38M	17.63M
Current Assets	42.74M	41.62M	43.48M	45.58M	47.21M
Total Assets	429.96M	448.69M	463.99M	480.03M	489.90M
Liabilities
Current Liabilities	31.91M	33.23M	29.98M	31.94M	42.94M
Long-Term Debt	262.21M	279.90M	313.10M	331.10M	388.53M
Total Debt	283.02M	299.03M	331.03M	348.21M	417.73M
Total Liabilities	294.29M	313.74M	343.68M	363.07M	431.50M
Equity & Ownership
Total Equity	135.67M	134.95M	120.31M	116.96M	58.40M
Shares Outstanding	1,100,000,000	1,100,000,000	1,100,000,000	1,100,000,000	1,100,000,000
Cash & Assets
Total Assets	429.96M	448.69M	463.99M	480.03M	489.90M
Total Current Assets	42.74M	41.62M	43.48M	45.58M	47.21M
Cash & Equivalents	7.25M	12.16M	5.76M	13.38M	17.63M
Net Cash (Debt)	-275.77M	-286.87M	-319.16M	-328.67M	-400.10M
Net Cash Per Share	-0.25	-0.26	-0.29	-0.30	-0.36
Accounts Receivable	33.23M	25.96M	30.87M	25.33M	28.48M
Other Receivables	1.41M	2.84M	0.03M	0.03M	0.47M
Prepaid Expenses	776.78K	588.16K	625.04K	591.97K	550.33K
Buildings	35.30K	16.98K	8.34K	8.33K	8.22K
Machinery	1.15M	1.15M	0.91M	0.89M	0.73M
Property, Plant & Equipment	827.66K	858.08K	659.45K	654.13K	500.92K
Other Current Assets	72.76K	76.03K	78.31K	80.81K	82.38K
Long-Term Accounts Receivable	386.39M	406.21M	419.85M	433.80M	442.19M
Loans & Investments
Trading Asset Securities	—	—	6.11M	6.16M	—
Liabilities & Obligations
Total Liabilities	294.29M	313.74M	343.68M	363.07M	431.50M
Total Liabilities & Equity	429.96M	448.69M	463.99M	480.03M	489.90M
Total Current Liabilities	31.91M	33.23M	29.98M	31.94M	42.94M
Accounts Payable	3.97M	4.94M	4.14M	0.00M	0.01M
Accrued Expenses	—	—	—	3.16M	4.67M
Other Current Liabilities	7.13M	9.16M	7.91M	11.66M	9.05M
Other Long-Term Liabilities	87.04K	546.59K	597.97K	37.38K	32.52K
Pension & Post-Retirement Benefits	83.64K	65.66K	—	—	—
Debt & Funding
Total Debt	283.02M	299.03M	331.03M	348.21M	417.73M
Current Portion of Long-Term Debt	20.81M	19.14M	17.94M	17.11M	29.21M
Long-Term Debt	262.21M	279.90M	313.10M	331.10M	388.53M
Equity & Book Value
Shareholders' Equity	135.67M	134.95M	120.31M	116.96M	58.40M
Common Stock	110.00M	110.00M	110.00M	110.00M	110.00M
Retained Earnings	31.14M	23.81M	19.00M	16.30M	21.64M
Comprehensive Income & Other	-5.47M	1.13M	-8.69M	-9.34M	-73.24M
Book Value Per Share	0.12	0.12	0.11	0.11	0.05
Tangible Book Value	135.67M	134.95M	120.31M	116.96M	58.40M
Tangible Book Value Per Share	0.12	0.12	0.11	0.11	0.05
Filing Date Shares Outstanding	1.10B	1.10B	1.10B	1.10B	1.10B
Total Common Shares Outstanding	1.10B	1.10B	1.10B	1.10B	1.10B
Working Capital	10.84M	8.39M	13.50M	13.64M	4.27M