PRIVATIZATION HOLDING CO.

Privatization Holding Co. KSCC

KPPCStocksBoursa KuwaitIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	6.56M	-1.04M	-1.05M	0.89M	2.16M
Free Cash Flow	6.55M	-1.14M	-1.41M	0.74M	2.02M
Capital Expenditures	-9.40K	-92.00K	-364.05K	-152.74K	-149.16K
Investing & Financing
Investing Cash Flow	-0.67M	2.86M	2.25M	3.04M	2.38M
Financing Cash Flow	-7.54M	-1.02M	-0.88M	-4.48M	-4.34M
Operating Activities
Operating Cash Flow	6.56M	-1.04M	-1.05M	0.89M	2.16M
Net Income	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
Change in Accounts Payable	6.68M	5.39M	0.96M	5.29M	4.56M
Change in Accounts Receivable	-4.44M	-2.53M	0.66M	-0.22M	-1.20M
Change in Inventory	-0.43M	-2.86M	-0.24M	-0.66M	0.37M
Change in Working Capital	7.30M	0.22M	1.64M	4.81M	5.69M
Other Operating Activities	4.01M	0.74M	0.47M	-0.23M	-0.24M
Provision & Write-off of Bad Debts	5.60M	3.01M	2.07M	0.09M	0.18M
Depreciation & Amortization	360.02K	475.51K	468.82K	425.76K	464.11K
Other Amortization	—	—	12.46K	123.17K	273.84K
Cash Interest Paid	—	1.90M	2.11M	1.26M	1.36M
Miscellaneous Cash Flow Adjustments	—	-11	—	—	—
Loss (Gain) on Equity Investments	-2.80M	-0.87M	1.72M	-1.83M	-3.17M
Asset Writedown & Restructuring Costs	—	—	—	—	-11.64K
Investing Activities
Investing Cash Flow	-0.67M	2.86M	2.25M	3.04M	2.38M
Capital Expenditures	-9.40K	-92.00K	-364.05K	-152.74K	-149.16K
Investment in Securities	-1.19M	1.20M	-0.11M	0.05M	2.08M
Other Investing Activities	0.52M	1.68M	2.66M	2.96M	0.45M
Sale (Purchase) of Intangibles	—	—	—	—	—
Sale (Purchase) of Real Estate	—	—	—	124.34K	—
Sale of Property, Plant & Equipment	13.40K	66.54K	67.16K	51.40K	0.47K
Loss (Gain) From Sale of Assets	12.45K	-25.42K	—	1.63K	80.71K
Loss (Gain) on Sale of Investments	7.80M	-0.28M	4.78M	3.79M	1.32M
Financing Activities
Financing Cash Flow	-7.54M	-1.02M	-0.88M	-4.48M	-4.34M
Long-Term Debt Issued	—	0.45M	2.20M	2.35M	6.61M
Short-Term Debt Issued	—	429.35K	—	—	—
Total Debt Issued	—	0.88M	2.20M	2.35M	6.61M
Long-Term Debt Repaid	-4.96M	—	—	-5.46M	-9.48M
Short-Term Debt Repaid	-246.75K	—	-965.42K	-110.58K	-150.09K
Total Debt Repaid	-5.20M	—	-0.97M	-5.57M	-9.63M
Net Debt Issued (Repaid)	-5.20M	0.88M	1.23M	-3.22M	-3.02M
Other Financing Activities	-2.34M	-1.90M	-2.11M	-1.26M	-1.32M
Free Cash Flow & Returns
Free Cash Flow	6.55M	-1.14M	-1.41M	0.74M	2.02M
Free Cash Flow Growth	—	—	—	-63.4%	—
Free Cash Flow Margin	+59.2%	-14.3%	-38.2%	+10.0%	+23.8%
Free Cash Flow Per Share	10.74	-0.00	-0.00	0.00	0.00
Levered Free Cash Flow	20.32M	-10.31M	4.60M	4.08M	0.74M
Unlevered Free Cash Flow	21.66M	-8.90M	5.96M	4.91M	1.58M
Operating Cash Flow Growth	—	—	—	-58.8%	—
Net Cash Flow	-1.58M	0.65M	0.30M	-0.63M	0.22M
Foreign Exchange Rate Adjustments	65.90K	-144.42K	-25.64K	-79.26K	12.85K

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	6.56M	-1.04M	-1.05M	0.89M	2.16M
Free Cash Flow	6.55M	-1.14M	-1.41M	0.74M	2.02M
Capital Expenditures	-9.40K	-92.00K	-364.05K	-152.74K	-149.16K
Investing & Financing
Investing Cash Flow	-0.67M	2.86M	2.25M	3.04M	2.38M
Financing Cash Flow	-7.54M	-1.02M	-0.88M	-4.48M	-4.34M
Operating Activities
Operating Cash Flow	6.56M	-1.04M	-1.05M	0.89M	2.16M
Net Income	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
Change in Accounts Payable	6.68M	5.39M	0.96M	5.29M	4.56M
Change in Accounts Receivable	-4.44M	-2.53M	0.66M	-0.22M	-1.20M
Change in Inventory	-0.43M	-2.86M	-0.24M	-0.66M	0.37M
Change in Working Capital	7.30M	0.22M	1.64M	4.81M	5.69M
Other Operating Activities	4.01M	0.74M	0.47M	-0.23M	-0.24M
Provision & Write-off of Bad Debts	5.60M	3.01M	2.07M	0.09M	0.18M
Depreciation & Amortization	360.02K	475.51K	468.82K	425.76K	464.11K
Other Amortization	—	—	12.46K	123.17K	273.84K
Cash Interest Paid	—	1.90M	2.11M	1.26M	1.36M
Miscellaneous Cash Flow Adjustments	—	-11	—	—	—
Loss (Gain) on Equity Investments	-2.80M	-0.87M	1.72M	-1.83M	-3.17M
Asset Writedown & Restructuring Costs	—	—	—	—	-11.64K
Investing Activities
Investing Cash Flow	-0.67M	2.86M	2.25M	3.04M	2.38M
Capital Expenditures	-9.40K	-92.00K	-364.05K	-152.74K	-149.16K
Investment in Securities	-1.19M	1.20M	-0.11M	0.05M	2.08M
Other Investing Activities	0.52M	1.68M	2.66M	2.96M	0.45M
Sale (Purchase) of Intangibles	—	—	—	—	—
Sale (Purchase) of Real Estate	—	—	—	124.34K	—
Sale of Property, Plant & Equipment	13.40K	66.54K	67.16K	51.40K	0.47K
Loss (Gain) From Sale of Assets	12.45K	-25.42K	—	1.63K	80.71K
Loss (Gain) on Sale of Investments	7.80M	-0.28M	4.78M	3.79M	1.32M
Financing Activities
Financing Cash Flow	-7.54M	-1.02M	-0.88M	-4.48M	-4.34M
Long-Term Debt Issued	—	0.45M	2.20M	2.35M	6.61M
Short-Term Debt Issued	—	429.35K	—	—	—
Total Debt Issued	—	0.88M	2.20M	2.35M	6.61M
Long-Term Debt Repaid	-4.96M	—	—	-5.46M	-9.48M
Short-Term Debt Repaid	-246.75K	—	-965.42K	-110.58K	-150.09K
Total Debt Repaid	-5.20M	—	-0.97M	-5.57M	-9.63M
Net Debt Issued (Repaid)	-5.20M	0.88M	1.23M	-3.22M	-3.02M
Other Financing Activities	-2.34M	-1.90M	-2.11M	-1.26M	-1.32M
Free Cash Flow & Returns
Free Cash Flow	6.55M	-1.14M	-1.41M	0.74M	2.02M
Free Cash Flow Growth	—	—	—	-63.4%	—
Free Cash Flow Margin	+59.2%	-14.3%	-38.2%	+10.0%	+23.8%
Free Cash Flow Per Share	10.74	-0.00	-0.00	0.00	0.00
Levered Free Cash Flow	20.32M	-10.31M	4.60M	4.08M	0.74M
Unlevered Free Cash Flow	21.66M	-8.90M	5.96M	4.91M	1.58M
Operating Cash Flow Growth	—	—	—	-58.8%	—
Net Cash Flow	-1.58M	0.65M	0.30M	-0.63M	0.22M
Foreign Exchange Rate Adjustments	65.90K	-144.42K	-25.64K	-79.26K	12.85K