Fourth Milling Company Balance Sheet

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	173.83	122.41	106.34	164.66	67.26	50.13
Short-Term Investments	55.93	74.06	-	0.34	-	-
Cash & Short-Term Investments	229.76	196.47	106.34	165	67.26	50.13
Cash Growth	116.05%	84.75%	-35.55%	145.33%	34.16%	-
Accounts Receivable	18.41	11.46	27.98	3.76	-	-
Other Receivables	1.3	0.72	0.2	-	0.22	0.47
Receivables	19.71	12.26	28.23	3.78	0.22	0.47
Inventory	56.48	56.94	55.97	80.32	95.97	95.2
Prepaid Expenses	2.84	3.45	2.5	2.03	1.61	1.5
Other Current Assets	16.39	16.13	12.82	8.26	6.58	8.01
Total Current Assets	325.18	285.25	205.86	259.39	171.63	155.33
Property, Plant & Equipment	845.45	854.36	894.46	835.75	858.24	803.01
Other Intangible Assets	57.46	57.67	56.72	55.87	5.56	3.54
Total Assets	1,228	1,197	1,157	1,151	1,035	961.88
Accounts Payable	26.89	33.34	22.4	26.84	46.9	100.58
Accrued Expenses	25.26	20.74	26.73	32.67	13.13	11.82
Current Portion of Leases	23.93	23.72	22.99	22.59	22.23	17.52
Current Income Taxes Payable	11.31	7.48	0.92	13.85	0.21	-
Current Unearned Revenue	8.05	9.86	10.51	9.4	5.69	4.87
Other Current Liabilities	63.54	4.35	1.49	2.6	0.24	0.09
Total Current Liabilities	158.98	99.49	85.04	107.94	88.4	134.88
Long-Term Leases	349.71	370.01	379.27	286.5	294.17	224.45
Long-Term Deferred Tax Liabilities	6.43	8.79	5.81	-	-	-
Total Liabilities	521.33	483.9	474.03	395.86	383.64	360.14
Common Stock	540	540	473.9	473.9	473.9	473.9
Retained Earnings	167.27	173.97	143.44	281.24	177.89	127.83
Comprehensive Income & Other	-0.51	-0.6	65.67	-	-	-
Shareholders' Equity	706.75	713.37	683.01	755.15	651.8	601.73
Total Liabilities & Equity	1,228	1,197	1,157	1,151	1,035	961.88
Total Debt	373.64	393.73	402.25	309.1	316.4	241.97
Net Cash (Debt)	-143.88	-197.26	-295.91	-144.1	-249.15	-191.83
Net Cash Per Share	-0.27	-0.37	-0.55	-0.30	-0.53	-0.40
Filing Date Shares Outstanding	540	540	473.9	473.9	473.9	473.9
Total Common Shares Outstanding	540	540	473.9	473.9	473.9	473.9
Working Capital	166.2	185.77	120.83	151.45	83.24	20.44
Book Value Per Share	1.31	1.32	1.44	1.59	1.38	1.27
Tangible Book Value	649.3	655.71	626.29	699.28	646.24	598.19
Tangible Book Value Per Share	1.20	1.21	1.32	1.48	1.36	1.26
Buildings	-	243.42	242.41	241.91	233.19	227.83
Machinery	-	515.64	505.4	478.74	461.46	451.38
Construction In Progress	-	3.76	7.49	9.51	12.77	9.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.