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DIZLEE Forum

GROUP FINANCIAL KPIs Income Statement (KWD m) Q1 2023 Q1 2022 Revenue EBITDA Net Income 468 165 408 154 54 47 EPS (Fils) 13 11 Balance Sheet (KWD m) March 2023 Cash and Cash Equivalents 360 228 Total Assets 5,111 4,759 Total Debt 1,306 1,292 Total Equity 1,984 1,767 (KWD m) March 2022 Group Q1 2023 Net Profit soared 15%, due to exceptional top-line performance across all major operations, on account of significant price revamps and data monetization initiatives carried out across operations. This is coupled with successful completion of sale and lease back of 8,069 tower assets to Saudi's PIF for USD 807 million. The Gain recognized in this quarter is in relation to the transfer of 3,600 Tower assets out of the 8,069. The remaining towers will be transferred in batches in the coming quarters. Cash Flow (KWD m) March 2023 March 2022 Operating 106 106 Investing 28 (63) FCF 134 43 Financing (102) (41) Effect of FX impact (0.5) (5) Ending Cash Balance 266 226 20
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