Al Safat Investment Company K.S.C. (KWSE: ALSAFAT)

KWSE: ALSAFAT Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.66	1.78	1.03	1.49	2.56	4.86
Short-Term Investments	0.45	0.01	0.01	0.01	0.01	0.51
Trading Asset Securities	4.17	4.03	0.07	0.06	0.3	1.87
Cash & Short-Term Investments	6.28	5.81	1.1	1.56	2.87	7.24
Cash Growth	321.27%	429.10%	-29.67%	-45.51%	-60.41%	37.48%
Accounts Receivable	4.35	1.08	1.55	1.29	1.18	1.88
Other Receivables	0.02	2.66	0.31	0.41	0.31	2.08
Receivables	4.36	3.75	1.87	1.7	1.5	3.95
Inventory	0.38	0.32	0.62	0.46	0.53	1.14
Prepaid Expenses	-	0.19	0.23	0.28	0.52	0.62
Other Current Assets	2.96	5.26	6.69	1.35	1.35	-
Total Current Assets	13.98	15.32	10.51	5.35	6.76	12.95
Property, Plant & Equipment	2.45	2.14	2.92	8.56	9.04	12.16
Long-Term Investments	10.44	10.2	5.87	6.22	6.64	12.04
Goodwill	-	-	-	-	-	1.27
Other Intangible Assets	-	-	0	0	0	0.01
Other Long-Term Assets	16.14	16.17	17.53	19.92	18.08	19.11
Total Assets	43.02	43.84	36.83	40.06	40.52	57.55
Accounts Payable	-	1.05	1.8	2.16	2.13	1.34
Accrued Expenses	1.01	1.96	1.47	1.03	0.81	2.06
Short-Term Debt	-	-	0.13	0.39	0.29	0.27
Current Portion of Long-Term Debt	-	-	-	-	-	21.09
Current Portion of Leases	-	0.39	0.35	0.32	0.29	0.29
Current Income Taxes Payable	-	0.26	0.22	0.23	0.15	-
Other Current Liabilities	0.75	1.81	0.73	-	-	-
Total Current Liabilities	1.76	5.48	4.7	4.13	3.66	25.05
Long-Term Leases	4.07	3.26	2.56	3.04	3.28	3.55
Other Long-Term Liabilities	3.34	0.39	0.43	3.14	4.08	0.04
Total Liabilities	9.17	10.12	8.44	11.23	11.94	28.64
Common Stock	38.33	38.33	28.33	26.98	25.69	25.69
Additional Paid-In Capital	1.07	1.07	0.87	0.87	0.87	0.87
Retained Earnings	5.19	4.58	3.54	6.35	6.51	5.4
Treasury Stock	-4.82	-4.82	-0.31	-0.31	-0.31	-0.31
Comprehensive Income & Other	-9.92	-9.72	-9.65	-10.66	-10.38	-11.04
Total Common Equity	29.86	29.45	22.79	23.23	22.39	20.62
Minority Interest	3.99	4.27	5.6	5.59	6.19	8.29
Shareholders' Equity	33.84	33.71	28.39	28.83	28.58	28.91
Total Liabilities & Equity	43.02	43.84	36.83	40.06	40.52	57.55
Total Debt	4.07	3.65	3.03	3.76	3.87	25.2
Net Cash (Debt)	2.21	2.16	-1.93	-2.19	-1	-17.96
Net Cash Per Share	0.01	0.01	-0.01	-0.01	-0.00	-0.07
Filing Date Shares Outstanding	338.19	338.19	282.39	282.39	268.94	268.94
Total Common Shares Outstanding	338.19	338.19	282.39	282.39	268.94	268.94
Working Capital	12.22	9.84	5.81	1.22	3.1	-12.09
Book Value Per Share	0.09	0.09	0.08	0.08	0.08	0.08
Tangible Book Value	29.86	29.45	22.79	23.23	22.38	19.34
Tangible Book Value Per Share	0.09	0.09	0.08	0.08	0.08	0.07
Land	-	-	-	-	-	8.21
Buildings	-	0.4	1.07	1.44	2.34	2.33
Machinery	-	4.91	5.15	5.16	7.46	7.38
Construction In Progress	-	-	0.38	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.