Independent Petroleum Group K.S.C.P. (KWSE:IPG)

KWSE:IPG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	138.39	97.79	79.3	108.51	69.42	44.05
Short-Term Investments	1.09	1.1	1.32	1.27	2.15	2.38
Cash & Short-Term Investments	139.48	98.9	80.61	109.78	71.57	46.42
Cash Growth	33.92%	22.68%	-26.57%	53.39%	54.17%	95.63%
Accounts Receivable	89.84	151.58	177.49	64.61	98.78	56.91
Other Receivables	-	6.17	7.33	6.85	29.34	28.55
Receivables	102.13	170.41	198.36	92.02	128.98	91.3
Inventory	40.14	26.81	27.24	51.74	50.77	24.84
Prepaid Expenses	-	1.22	2.5	1.51	1.22	0.71
Other Current Assets	74.28	73.63	67.26	60.98	69.69	65.49
Total Current Assets	356.03	370.96	375.97	316.03	322.21	228.76
Property, Plant & Equipment	43.92	45.22	47.81	55.57	35.84	36.25
Long-Term Investments	72.71	69.99	65.15	62.56	61.06	60.9
Total Assets	477.23	490.72	493.47	439.04	423.88	330.71
Accounts Payable	150.34	95.02	111.6	55.92	104.03	52.77
Accrued Expenses	2.96	43.09	35.49	31.46	19.89	15.6
Short-Term Debt	-	-	-	-	-	140.81
Current Portion of Long-Term Debt	184.24	203.48	204.33	196.16	170.31	1.62
Current Portion of Leases	3.11	4.12	5	5.56	3.52	2.7
Current Income Taxes Payable	-	0.1	0.08	0.08	0.08	0.07
Other Current Liabilities	-	3.12	2.7	2.65	2.45	2.41
Total Current Liabilities	340.64	348.92	359.2	291.84	300.27	215.98
Long-Term Debt	12.2	12.22	12.15	24.87	19.47	10.79
Long-Term Leases	15.38	15.36	15.69	20.83	2.14	2.17
Total Liabilities	370.13	378.45	388.82	338.98	323.24	230.61
Common Stock	18.84	18.84	18.84	18.84	18.84	18.84
Additional Paid-In Capital	29.67	29.67	29.67	29.67	29.67	29.67
Retained Earnings	35.24	40.41	36.82	34.43	32.2	30.43
Treasury Stock	-2.77	-2.77	-2.77	-2.77	-2.77	-2.77
Comprehensive Income & Other	26.12	26.12	22.09	19.9	22.7	23.93
Shareholders' Equity	107.1	112.27	104.65	100.06	100.63	100.09
Total Liabilities & Equity	477.23	490.72	493.47	439.04	423.88	330.71
Total Debt	214.92	235.18	237.17	247.43	195.44	158.1
Net Cash (Debt)	-75.44	-136.28	-156.56	-137.65	-123.88	-111.67
Net Cash Per Share	-0.42	-0.75	-0.87	-0.76	-0.69	-0.62
Filing Date Shares Outstanding	180.79	180.79	180.79	180.79	180.79	180.79
Total Common Shares Outstanding	180.79	180.79	180.79	180.79	180.79	180.79
Working Capital	15.39	22.04	16.77	24.19	21.95	12.78
Book Value Per Share	0.59	0.62	0.58	0.55	0.56	0.55
Tangible Book Value	107.1	112.27	104.65	100.06	100.63	100.09
Tangible Book Value Per Share	0.59	0.62	0.58	0.55	0.56	0.55
Land	-	0.54	0.54	0.54	0.54	0.54
Buildings	-	3.22	3.27	3.27	1.69	1.69
Machinery	-	39.79	39.76	39.52	38.01	52.35
Construction In Progress	-	0.03	-	-	3.76	2.28
Leasehold Improvements	-	0.07	0.07	0.07	0.07	0.08

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.