MEPCO

Middle East Paper Co.

1202StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	43.63M	300.05M	56.55M	145.25M	264.00M
Cash & Short-Term Investments	495.35M	610.68M	56.56M	145.25M	264.01M
Receivables	352.60M	340.89M	267.32M	301.48M	297.97M
Inventory	215.49M	186.37M	175.70M	212.78M	144.02M
Current Assets	1.22B	1.27B	0.62B	0.81B	0.80B
PP&E	1.43B	1.27B	1.31B	1.13B	1.07B
Intangible Assets	17.06M	21.15M	0.32M	0.27M	0.90M
Total Assets	2.67B	2.56B	1.93B	1.95B	1.87B
Liabilities
Accounts Payable	221.90M	144.65M	164.85M	82.10M	89.33M
Current Liabilities	731.62M	655.75M	447.11M	282.89M	405.91M
Long-Term Debt	257.11M	251.15M	350.20M	411.33M	411.87M
Short-Term Debt	337.30M	310.23M	102.13M	33.56M	97.35M
Total Debt	745.41M	708.93M	591.79M	574.15M	692.12M
Total Liabilities	1.05B	0.96B	0.86B	0.76B	0.89B
Equity & Ownership
Retained Earnings	341.50M	319.56M	397.12M	506.52M	474.09M
Total Equity	1.62B	1.60B	1.07B	1.18B	0.98B
Net Debt	250.06M	98.25M	535.24M	428.90M	428.11M
Shares Outstanding	86,666,665	86,666,665	66,666,666	66,666,666	67,666,667
Cash & Assets
Total Assets	2.67B	2.56B	1.93B	1.95B	1.87B
Total Current Assets	1.22B	1.27B	0.62B	0.81B	0.80B
Cash & Equivalents	43.63M	300.05M	56.55M	145.25M	264.00M
Cash & Short-Term Investments	495.35M	610.68M	56.56M	145.25M	264.01M
Net Cash (Debt)	-250.06M	-98.25M	-535.24M	-428.90M	-428.11M
Net Cash Per Share	-2.89	-1.14	-8.03	-6.43	-6.43
Cash Growth	-18.9%	+979.8%	-61.1%	-45.0%	+480.7%
Accounts Receivable	347.69M	338.34M	266.34M	297.74M	291.38M
Other Receivables	4.91M	2.55M	0.99M	3.74M	6.58M
Receivables	352.60M	340.89M	267.32M	301.48M	297.97M
Inventory	215.49M	186.37M	175.70M	212.78M	144.02M
Prepaid Expenses	5.58M	6.36M	7.01M	10.23M	9.81M
Construction In Progress	256.38M	27.62M	171.23M	233.70M	94.55M
Land	137.40M	137.40M	137.40M	137.40M	139.33M
Buildings	288.87M	288.27M	257.50M	190.14M	190.99M
Machinery	1.98B	1.96B	1.89B	1.63B	1.60B
Property, Plant & Equipment	1.43B	1.27B	1.31B	1.13B	1.07B
Other Intangible Assets	17.06M	21.15M	0.32M	0.27M	0.90M
Other Current Assets	150.31M	124.45M	113.25M	142.35M	85.66M
Long-Term Leases	20.65M	10.21M	16.61M	22.00M	27.20M
Current Portion of Leases	10.34M	7.58M	8.29M	7.43M	5.80M
Loans & Investments
Trading Asset Securities	—	—	5.63K	5.63K	5.63K
Short-Term Investments	451.72M	310.63M	—	—	—
Liabilities & Obligations
Total Liabilities	1.05B	0.96B	0.86B	0.76B	0.89B
Total Liabilities & Equity	2.67B	2.56B	1.93B	1.95B	1.87B
Total Current Liabilities	731.62M	655.75M	447.11M	282.89M	405.91M
Accounts Payable	221.90M	144.65M	164.85M	82.10M	89.33M
Accrued Expenses	11.09M	22.86M	25.49M	35.77M	42.79M
Current Income Taxes Payable	13.54M	19.91M	9.73M	13.39M	6.75M
Current Unearned Revenue	9.22M	3.87M	8.32M	—	—
Other Current Liabilities	8.21M	16.90M	13.74M	10.81M	13.99M
Pension & Post-Retirement Benefits	38.14M	41.45M	48.81M	48.01M	42.24M
Other Long-Term Liabilities	—	—	—	—	—
Debt & Funding
Long-Term Debt	257.11M	251.15M	350.20M	411.33M	411.87M
Short-Term Debt	337.30M	310.23M	102.13M	33.56M	97.35M
Total Debt	745.41M	708.93M	591.79M	574.15M	692.12M
Current Portion of Long-Term Debt	120.01M	129.76M	114.56M	99.83M	149.89M
Equity & Book Value
Shareholders' Equity	1.62B	1.60B	1.07B	1.18B	0.98B
Total Common Equity	1.63B	1.61B	1.07B	1.18B	0.98B
Common Stock	866.67M	866.67M	666.67M	666.67M	500.00M
Additional Paid-In Capital	420.00M	420.00M	—	—	—
Retained Earnings	341.50M	319.56M	397.12M	506.52M	474.09M
Treasury Stock	—	—	—	—	-1.14M
Comprehensive Income & Other	—	—	10.50M	7.86M	9.73M
Minority Interest	-7.43M	-6.19M	-6.09M	1.24M	0.21M
Book Value Per Share	18.79	18.53	16.11	17.72	14.52
Tangible Book Value	1.61B	1.59B	1.07B	1.18B	0.98B
Tangible Book Value Per Share	18.59	18.29	16.11	17.71	14.51
Filing Date Shares Outstanding	86.67M	86.67M	66.67M	66.67M	67.67M
Total Common Shares Outstanding	86.67M	86.67M	66.67M	66.67M	67.67M
Working Capital	487.72M	613.00M	172.72M	529.20M	395.56M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	43.63M	300.05M	56.55M	145.25M	264.00M
Cash & Short-Term Investments	495.35M	610.68M	56.56M	145.25M	264.01M
Receivables	352.60M	340.89M	267.32M	301.48M	297.97M
Inventory	215.49M	186.37M	175.70M	212.78M	144.02M
Current Assets	1.22B	1.27B	0.62B	0.81B	0.80B
PP&E	1.43B	1.27B	1.31B	1.13B	1.07B
Intangible Assets	17.06M	21.15M	0.32M	0.27M	0.90M
Total Assets	2.67B	2.56B	1.93B	1.95B	1.87B
Liabilities
Accounts Payable	221.90M	144.65M	164.85M	82.10M	89.33M
Current Liabilities	731.62M	655.75M	447.11M	282.89M	405.91M
Long-Term Debt	257.11M	251.15M	350.20M	411.33M	411.87M
Short-Term Debt	337.30M	310.23M	102.13M	33.56M	97.35M
Total Debt	745.41M	708.93M	591.79M	574.15M	692.12M
Total Liabilities	1.05B	0.96B	0.86B	0.76B	0.89B
Equity & Ownership
Retained Earnings	341.50M	319.56M	397.12M	506.52M	474.09M
Total Equity	1.62B	1.60B	1.07B	1.18B	0.98B
Net Debt	250.06M	98.25M	535.24M	428.90M	428.11M
Shares Outstanding	86,666,665	86,666,665	66,666,666	66,666,666	67,666,667
Cash & Assets
Total Assets	2.67B	2.56B	1.93B	1.95B	1.87B
Total Current Assets	1.22B	1.27B	0.62B	0.81B	0.80B
Cash & Equivalents	43.63M	300.05M	56.55M	145.25M	264.00M
Cash & Short-Term Investments	495.35M	610.68M	56.56M	145.25M	264.01M
Net Cash (Debt)	-250.06M	-98.25M	-535.24M	-428.90M	-428.11M
Net Cash Per Share	-2.89	-1.14	-8.03	-6.43	-6.43
Cash Growth	-18.9%	+979.8%	-61.1%	-45.0%	+480.7%
Accounts Receivable	347.69M	338.34M	266.34M	297.74M	291.38M
Other Receivables	4.91M	2.55M	0.99M	3.74M	6.58M
Receivables	352.60M	340.89M	267.32M	301.48M	297.97M
Inventory	215.49M	186.37M	175.70M	212.78M	144.02M
Prepaid Expenses	5.58M	6.36M	7.01M	10.23M	9.81M
Construction In Progress	256.38M	27.62M	171.23M	233.70M	94.55M
Land	137.40M	137.40M	137.40M	137.40M	139.33M
Buildings	288.87M	288.27M	257.50M	190.14M	190.99M
Machinery	1.98B	1.96B	1.89B	1.63B	1.60B
Property, Plant & Equipment	1.43B	1.27B	1.31B	1.13B	1.07B
Other Intangible Assets	17.06M	21.15M	0.32M	0.27M	0.90M
Other Current Assets	150.31M	124.45M	113.25M	142.35M	85.66M
Long-Term Leases	20.65M	10.21M	16.61M	22.00M	27.20M
Current Portion of Leases	10.34M	7.58M	8.29M	7.43M	5.80M
Loans & Investments
Trading Asset Securities	—	—	5.63K	5.63K	5.63K
Short-Term Investments	451.72M	310.63M	—	—	—
Liabilities & Obligations
Total Liabilities	1.05B	0.96B	0.86B	0.76B	0.89B
Total Liabilities & Equity	2.67B	2.56B	1.93B	1.95B	1.87B
Total Current Liabilities	731.62M	655.75M	447.11M	282.89M	405.91M
Accounts Payable	221.90M	144.65M	164.85M	82.10M	89.33M
Accrued Expenses	11.09M	22.86M	25.49M	35.77M	42.79M
Current Income Taxes Payable	13.54M	19.91M	9.73M	13.39M	6.75M
Current Unearned Revenue	9.22M	3.87M	8.32M	—	—
Other Current Liabilities	8.21M	16.90M	13.74M	10.81M	13.99M
Pension & Post-Retirement Benefits	38.14M	41.45M	48.81M	48.01M	42.24M
Other Long-Term Liabilities	—	—	—	—	—
Debt & Funding
Long-Term Debt	257.11M	251.15M	350.20M	411.33M	411.87M
Short-Term Debt	337.30M	310.23M	102.13M	33.56M	97.35M
Total Debt	745.41M	708.93M	591.79M	574.15M	692.12M
Current Portion of Long-Term Debt	120.01M	129.76M	114.56M	99.83M	149.89M
Equity & Book Value
Shareholders' Equity	1.62B	1.60B	1.07B	1.18B	0.98B
Total Common Equity	1.63B	1.61B	1.07B	1.18B	0.98B
Common Stock	866.67M	866.67M	666.67M	666.67M	500.00M
Additional Paid-In Capital	420.00M	420.00M	—	—	—
Retained Earnings	341.50M	319.56M	397.12M	506.52M	474.09M
Treasury Stock	—	—	—	—	-1.14M
Comprehensive Income & Other	—	—	10.50M	7.86M	9.73M
Minority Interest	-7.43M	-6.19M	-6.09M	1.24M	0.21M
Book Value Per Share	18.79	18.53	16.11	17.72	14.52
Tangible Book Value	1.61B	1.59B	1.07B	1.18B	0.98B
Tangible Book Value Per Share	18.59	18.29	16.11	17.71	14.51
Filing Date Shares Outstanding	86.67M	86.67M	66.67M	66.67M	67.67M
Total Common Shares Outstanding	86.67M	86.67M	66.67M	66.67M	67.67M
Working Capital	487.72M	613.00M	172.72M	529.20M	395.56M