NORTHERN CEMENT

Northern Region Cement Co.

3004StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Assets
Cash & Equivalents	42.17M	22.96M	24.46M	32.45M	19.46M
Cash & Short-Term Investments	42.17M	22.96M	24.46M	32.45M	19.46M
Receivables	84.39M	84.95M	85.12M	81.16M	77.65M
Inventory	741.58M	750.43M	727.27M	707.88M	710.87M
Current Assets	930.60M	917.85M	902.04M	890.18M	863.09M
PP&E	2.24B	2.23B	2.20B	2.18B	2.16B
Goodwill	506.85M	506.85M	506.85M	506.85M	506.85M
Intangible Assets	48.93M	49.69M	51.07M	50.85M	51.48M
Total Assets	3.73B	3.70B	3.66B	3.63B	3.58B
Liabilities
Accounts Payable	198.82M	241.40M	239.63M	204.63M	195.73M
Current Liabilities	1.04B	1.01B	1.16B	1.03B	0.93B
Long-Term Debt	359.52M	364.92M	191.42M	253.64M	319.67M
Short-Term Debt	574.57M	501.11M	621.97M	632.73M	526.06M
Total Debt	1.14B	1.07B	1.01B	1.03B	0.98B
Total Liabilities	1.46B	1.44B	1.41B	1.35B	1.31B
Equity & Ownership
Retained Earnings	484.96M	473.27M	454.26M	483.22M	470.03M
Total Equity	2.28B	2.26B	2.25B	2.28B	2.27B
Net Debt	1.10B	1.04B	0.98B	1.00B	0.96B
Shares Outstanding	180,000,000	180,000,000	180,000,000	180,000,000	180,000,000
Cash & Assets
Total Assets	3.73B	3.70B	3.66B	3.63B	3.58B
Total Current Assets	930.60M	917.85M	902.04M	890.18M	863.09M
Cash & Equivalents	42.17M	22.96M	24.46M	32.45M	19.46M
Cash & Short-Term Investments	42.17M	22.96M	24.46M	32.45M	19.46M
Net Cash (Debt)	-1.10B	-1.04B	-0.98B	-1.00B	-0.96B
Net Cash Per Share	-6.10	-5.80	-5.45	-5.54	-5.36
Cash Growth	+116.6%	-14.9%	-35.1%	-33.7%	-61.4%
Accounts Receivable	69.08M	58.89M	58.89M	57.05M	46.47M
Other Receivables	0.37M	4.85M	0.41M	0.41M	0.41M
Receivables	84.39M	84.95M	85.12M	81.16M	77.65M
Inventory	741.58M	750.43M	727.27M	707.88M	710.87M
Prepaid Expenses	62.46M	22.37M	65.19M	68.69M	55.11M
Construction In Progress	—	322.34M	—	—	—
Land	—	20.83M	—	—	—
Buildings	—	858.44M	—	—	—
Machinery	—	2.19B	—	—	—
Leasehold Improvements	—	1.21M	—	—	—
Property, Plant & Equipment	2.24B	2.23B	2.20B	2.18B	2.16B
Goodwill	506.85M	506.85M	506.85M	506.85M	506.85M
Other Intangible Assets	48.93M	49.69M	51.07M	50.85M	51.48M
Other Current Assets	—	37.13M	—	—	—
Other Long-Term Assets	—	—	—	—	—
Long-Term Accounts Receivable	—	—	—	—	—
Long-Term Leases	4.84M	4.83M	4.93M	6.83M	7.09M
Current Portion of Leases	1.41M	1.51M	1.29M	1.55M	1.39M
Loans & Investments
Long-Term Investments	—	—	—	—	—
Liabilities & Obligations
Total Liabilities	1.46B	1.44B	1.41B	1.35B	1.31B
Total Liabilities & Equity	3.73B	3.70B	3.66B	3.63B	3.58B
Total Current Liabilities	1.04B	1.01B	1.16B	1.03B	0.93B
Accounts Payable	198.82M	241.40M	239.63M	204.63M	195.73M
Accrued Expenses	30.69M	29.29M	93.68M	41.66M	48.26M
Current Income Taxes Payable	23.77M	21.07M	17.88M	14.06M	26.87M
Other Current Liabilities	8.70M	23.02M	—	—	—
Pension & Post-Retirement Benefits	28.70M	27.94M	27.21M	26.23M	25.18M
Other Long-Term Liabilities	23.81M	26.07M	28.86M	31.66M	34.51M
Debt & Funding
Long-Term Debt	359.52M	364.92M	191.42M	253.64M	319.67M
Short-Term Debt	574.57M	501.11M	621.97M	632.73M	526.06M
Total Debt	1.14B	1.07B	1.01B	1.03B	0.98B
Current Portion of Long-Term Debt	200.60M	195.20M	185.47M	134.91M	129.91M
Equity & Book Value
Shareholders' Equity	2.28B	2.26B	2.25B	2.28B	2.27B
Total Common Equity	2.27B	2.26B	2.24B	2.28B	2.26B
Common Stock	1.80B	1.80B	1.80B	1.80B	1.80B
Retained Earnings	484.96M	473.27M	454.26M	483.22M	470.03M
Comprehensive Income & Other	-11.24M	-11.15M	-10.08M	-7.96M	-5.25M
Minority Interest	1.94M	1.98M	2.13M	2.12M	2.41M
Book Value Per Share	12.63	12.57	12.47	12.64	12.58
Tangible Book Value	1.72B	1.71B	1.69B	1.72B	1.71B
Tangible Book Value Per Share	9.54	9.48	9.37	9.54	9.48
Filing Date Shares Outstanding	180.00M	180.00M	180.00M	180.00M	180.00M
Total Common Shares Outstanding	180.00M	180.00M	180.00M	180.00M	180.00M
Working Capital	-107.94M	-94.74M	-257.88M	-139.36M	-65.12M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Assets
Cash & Equivalents	42.17M	22.96M	24.46M	32.45M	19.46M
Cash & Short-Term Investments	42.17M	22.96M	24.46M	32.45M	19.46M
Receivables	84.39M	84.95M	85.12M	81.16M	77.65M
Inventory	741.58M	750.43M	727.27M	707.88M	710.87M
Current Assets	930.60M	917.85M	902.04M	890.18M	863.09M
PP&E	2.24B	2.23B	2.20B	2.18B	2.16B
Goodwill	506.85M	506.85M	506.85M	506.85M	506.85M
Intangible Assets	48.93M	49.69M	51.07M	50.85M	51.48M
Total Assets	3.73B	3.70B	3.66B	3.63B	3.58B
Liabilities
Accounts Payable	198.82M	241.40M	239.63M	204.63M	195.73M
Current Liabilities	1.04B	1.01B	1.16B	1.03B	0.93B
Long-Term Debt	359.52M	364.92M	191.42M	253.64M	319.67M
Short-Term Debt	574.57M	501.11M	621.97M	632.73M	526.06M
Total Debt	1.14B	1.07B	1.01B	1.03B	0.98B
Total Liabilities	1.46B	1.44B	1.41B	1.35B	1.31B
Equity & Ownership
Retained Earnings	484.96M	473.27M	454.26M	483.22M	470.03M
Total Equity	2.28B	2.26B	2.25B	2.28B	2.27B
Net Debt	1.10B	1.04B	0.98B	1.00B	0.96B
Shares Outstanding	180,000,000	180,000,000	180,000,000	180,000,000	180,000,000
Cash & Assets
Total Assets	3.73B	3.70B	3.66B	3.63B	3.58B
Total Current Assets	930.60M	917.85M	902.04M	890.18M	863.09M
Cash & Equivalents	42.17M	22.96M	24.46M	32.45M	19.46M
Cash & Short-Term Investments	42.17M	22.96M	24.46M	32.45M	19.46M
Net Cash (Debt)	-1.10B	-1.04B	-0.98B	-1.00B	-0.96B
Net Cash Per Share	-6.10	-5.80	-5.45	-5.54	-5.36
Cash Growth	+116.6%	-14.9%	-35.1%	-33.7%	-61.4%
Accounts Receivable	69.08M	58.89M	58.89M	57.05M	46.47M
Other Receivables	0.37M	4.85M	0.41M	0.41M	0.41M
Receivables	84.39M	84.95M	85.12M	81.16M	77.65M
Inventory	741.58M	750.43M	727.27M	707.88M	710.87M
Prepaid Expenses	62.46M	22.37M	65.19M	68.69M	55.11M
Construction In Progress	—	322.34M	—	—	—
Land	—	20.83M	—	—	—
Buildings	—	858.44M	—	—	—
Machinery	—	2.19B	—	—	—
Leasehold Improvements	—	1.21M	—	—	—
Property, Plant & Equipment	2.24B	2.23B	2.20B	2.18B	2.16B
Goodwill	506.85M	506.85M	506.85M	506.85M	506.85M
Other Intangible Assets	48.93M	49.69M	51.07M	50.85M	51.48M
Other Current Assets	—	37.13M	—	—	—
Other Long-Term Assets	—	—	—	—	—
Long-Term Accounts Receivable	—	—	—	—	—
Long-Term Leases	4.84M	4.83M	4.93M	6.83M	7.09M
Current Portion of Leases	1.41M	1.51M	1.29M	1.55M	1.39M
Loans & Investments
Long-Term Investments	—	—	—	—	—
Liabilities & Obligations
Total Liabilities	1.46B	1.44B	1.41B	1.35B	1.31B
Total Liabilities & Equity	3.73B	3.70B	3.66B	3.63B	3.58B
Total Current Liabilities	1.04B	1.01B	1.16B	1.03B	0.93B
Accounts Payable	198.82M	241.40M	239.63M	204.63M	195.73M
Accrued Expenses	30.69M	29.29M	93.68M	41.66M	48.26M
Current Income Taxes Payable	23.77M	21.07M	17.88M	14.06M	26.87M
Other Current Liabilities	8.70M	23.02M	—	—	—
Pension & Post-Retirement Benefits	28.70M	27.94M	27.21M	26.23M	25.18M
Other Long-Term Liabilities	23.81M	26.07M	28.86M	31.66M	34.51M
Debt & Funding
Long-Term Debt	359.52M	364.92M	191.42M	253.64M	319.67M
Short-Term Debt	574.57M	501.11M	621.97M	632.73M	526.06M
Total Debt	1.14B	1.07B	1.01B	1.03B	0.98B
Current Portion of Long-Term Debt	200.60M	195.20M	185.47M	134.91M	129.91M
Equity & Book Value
Shareholders' Equity	2.28B	2.26B	2.25B	2.28B	2.27B
Total Common Equity	2.27B	2.26B	2.24B	2.28B	2.26B
Common Stock	1.80B	1.80B	1.80B	1.80B	1.80B
Retained Earnings	484.96M	473.27M	454.26M	483.22M	470.03M
Comprehensive Income & Other	-11.24M	-11.15M	-10.08M	-7.96M	-5.25M
Minority Interest	1.94M	1.98M	2.13M	2.12M	2.41M
Book Value Per Share	12.63	12.57	12.47	12.64	12.58
Tangible Book Value	1.72B	1.71B	1.69B	1.72B	1.71B
Tangible Book Value Per Share	9.54	9.48	9.37	9.54	9.48
Filing Date Shares Outstanding	180.00M	180.00M	180.00M	180.00M	180.00M
Total Common Shares Outstanding	180.00M	180.00M	180.00M	180.00M	180.00M
Working Capital	-107.94M	-94.74M	-257.88M	-139.36M	-65.12M