Kuwait Cement Company K.P.S.C. (KWSE: KCEM)

KCEM 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	10.98	13.02	8.72	11.48	15.19	9.53
Trading Asset Securities	1.38	-	-	5.81	-	-
Cash & Short-Term Investments	12.36	13.02	8.72	17.29	15.19	9.53
Cash Growth	-14.05%	49.19%	-49.55%	13.86%	59.38%	1.27%
Accounts Receivable	11.36	12.23	12.94	11.03	12.89	24.06
Other Receivables	1.84	1.91	2.01	1.98	1.92	1.65
Receivables	14.04	14.57	15.22	13.3	15.58	27
Inventory	19.66	17.42	20.27	11.55	13.33	16.43
Prepaid Expenses	0.54	0.25	0.22	0.19	0.13	0.47
Other Current Assets	0.56	0.83	2.25	0.11	-	-
Total Current Assets	47.17	46.09	46.68	42.44	44.22	53.43
Property, Plant & Equipment	126.8	128.7	131.93	134.99	140.2	156.75
Long-Term Investments	124.35	115.8	117	116.76	93.85	105
Other Intangible Assets	0	0	0	0	0	0.03
Other Long-Term Assets	0.77	0.77	0.77	0.77	0.77	0.77
Total Assets	299.09	291.37	296.39	294.96	279.05	315.98
Accounts Payable	15.44	12.42	13.17	13.05	15.26	15.44
Accrued Expenses	1.89	2.24	2.55	2.97	3.1	2.82
Short-Term Debt	0.57	0.65	0.88	0.7	1.18	1.42
Current Portion of Long-Term Debt	13.87	11.23	9.34	18.35	20.53	18.96
Current Portion of Leases	0.52	0.5	0.49	0.49	0.46	0.44
Current Income Taxes Payable	0.04	0.01	0.03	-	0	0.12
Other Current Liabilities	7.23	6.84	4.63	5.19	2.47	2.19
Total Current Liabilities	39.56	33.89	31.08	40.75	43	41.39
Long-Term Debt	49.82	61.02	64.98	45.45	53.01	57.74
Long-Term Leases	1.03	1.69	2.35	2.86	3.48	3.93
Total Liabilities	94.57	100.43	102.06	92.69	103.02	106.65
Common Stock	73.33	73.33	73.33	73.33	73.33	73.33
Additional Paid-In Capital	27.12	27.12	27.12	27.12	27.12	27.12
Retained Earnings	115.34	112.75	114.41	113.39	103.64	124.57
Treasury Stock	-13.55	-13.55	-13.55	-13.55	-13.55	-13.55
Comprehensive Income & Other	2.09	-8.88	-7.16	1.8	-14.66	-2.31
Total Common Equity	204.33	190.77	194.16	202.09	175.88	209.16
Minority Interest	0.19	0.17	0.17	0.17	0.15	0.16
Shareholders' Equity	204.52	190.94	194.33	202.27	176.03	209.33
Total Liabilities & Equity	299.09	291.37	296.39	294.96	279.05	315.98
Total Debt	65.81	75.1	78.03	67.86	78.66	82.49
Net Cash (Debt)	-53.45	-62.09	-69.31	-50.57	-63.47	-72.96
Net Cash Per Share	-0.07	-0.09	-0.10	-0.07	-0.09	-0.10
Filing Date Shares Outstanding	712.97	712.97	712.97	712.97	712.97	712.97
Total Common Shares Outstanding	712.97	712.97	712.97	712.97	712.97	712.97
Working Capital	7.61	12.2	15.6	1.69	1.22	12.04
Book Value Per Share	0.29	0.27	0.27	0.28	0.25	0.29
Tangible Book Value	204.33	190.77	194.16	202.09	175.88	209.13
Tangible Book Value Per Share	0.29	0.27	0.27	0.28	0.25	0.29
Land	-	58.55	58.48	57.63	57.18	57.08
Machinery	-	228.43	230.17	230.04	227.8	227.42
Construction In Progress	-	0.08	0.16	0.52	2.78	2.69

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