Kuwait and Middle East Financial Investment Company K.S.C.P. (KWSE: KMEFIC)

KWSE: KMEFIC 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	2.87	3.18	3.93	2.85	5.89	1.64
Short-Term Investments	0.3	0.61	1.53	2.91	0.91	0.06
Trading Asset Securities	27.78	26.85	28.92	6.81	7.47	8
Cash & Short-Term Investments	30.96	30.64	34.38	12.58	14.27	9.7
Cash Growth	-6.28%	-10.90%	173.38%	-11.86%	47.17%	-15.71%
Accounts Receivable	2.94	3.61	3.4	3.55	0.7	0.55
Other Receivables	1.84	1.19	3.11	2.97	1.68	0.07
Receivables	4.79	4.81	6.51	6.52	2.38	0.63
Prepaid Expenses	0.16	0.24	0.21	0.18	0.24	0.16
Restricted Cash	0.83	0.97	0.53	1.12	0.53	0.46
Other Current Assets	-	-	2.29	2.29	1	-
Total Current Assets	36.74	36.66	43.92	22.69	18.43	10.95
Property, Plant & Equipment	1.66	1.59	1.76	1.15	0.12	0.08
Long-Term Investments	0	0.01	0.28	0.17	0.1	0.31
Other Intangible Assets	8.6	8.68	8.71	8.68	8.72	8.84
Other Long-Term Assets	35.87	22.25	22.71	2.5	2.5	-
Total Assets	82.86	69.19	77.39	35.19	29.86	20.18
Accounts Payable	5.28	2.66	2.33	2.31	1.51	0.82
Accrued Expenses	-	1.28	0.94	0.45	0.28	0.2
Short-Term Debt	41.93	37.45	39.36	-	-	-
Current Portion of Long-Term Debt	-	0.71	0.6	0.58	-	-
Current Portion of Leases	-	0.22	0.24	0.21	-	-
Current Income Taxes Payable	-	0.02	0.13	0.15	0.29	0.03
Other Current Liabilities	-	0.06	0.06	-	-	-
Total Current Liabilities	47.21	42.4	43.66	3.7	2.08	1.06
Long-Term Debt	11.14	3.9	3.41	4.02	-	-
Long-Term Leases	0.26	0.2	0.06	0.26	-	-
Long-Term Unearned Revenue	-	0.4	0.4	-	-	-
Other Long-Term Liabilities	-	-	2.05	-	2	-
Total Liabilities	58.62	47.94	50.69	8.99	5.21	2.22
Common Stock	22	22	22	22	26.38	26.38
Retained Earnings	0.5	-2.45	2.81	3.31	-3.56	-11.31
Treasury Stock	-	-	-	-	-0.54	-0.54
Comprehensive Income & Other	0.74	0.73	0.84	0.75	2.25	1.57
Total Common Equity	23.24	20.28	25.65	26.06	24.53	16.1
Minority Interest	1	0.97	1.05	0.14	0.12	1.86
Shareholders' Equity	24.24	21.25	26.7	26.2	24.65	17.96
Total Liabilities & Equity	82.86	69.19	77.39	35.19	29.86	20.18
Total Debt	53.34	42.49	43.68	5.06	-	-
Net Cash (Debt)	-22.38	-11.85	-9.3	7.52	14.27	9.7
Net Cash Growth	-	-	-	-47.33%	47.17%	7.17%
Net Cash Per Share	-0.10	-0.05	-0.04	0.03	0.06	0.04
Filing Date Shares Outstanding	220	220	220	220	220	220.06
Total Common Shares Outstanding	220	220	220	220	220	220.06
Working Capital	-10.47	-5.74	0.27	18.98	16.34	9.89
Book Value Per Share	0.11	0.09	0.12	0.12	0.11	0.07
Tangible Book Value	14.64	11.6	16.94	17.38	15.81	7.26
Tangible Book Value Per Share	0.07	0.05	0.08	0.08	0.07	0.03
Machinery	-	4.08	4.25	3.3	2.72	2.66
Construction In Progress	-	0.32	0.29	0.12	0.01	0.01

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