Munshaat Real Estate Projects Company K.S.C.P. (KWSE:MUNSHAAT)

KWSE:MUNSHAAT 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.87	7.09	6.4	8.01	3.6	3.3
Cash & Short-Term Investments	5.87	7.09	6.4	8.01	3.6	3.3
Cash Growth	8.53%	10.85%	-20.18%	122.40%	9.19%	-43.88%
Accounts Receivable	14.25	7.64	4.75	0.35	0.46	1.41
Other Receivables	0.65	0.88	0.42	2.11	1.02	2.02
Receivables	14.9	8.51	5.17	2.47	1.49	3.43
Inventory	0.38	0.38	0.94	1	1.07	1.08
Prepaid Expenses	-	0.02	0.02	0.01	0.01	0.02
Other Current Assets	-	-	-	-	-	1.66
Total Current Assets	21.16	16	12.52	11.5	6.17	9.49
Property, Plant & Equipment	40.16	42.36	44.16	44.74	46.57	49.34
Long-Term Investments	17.36	14.66	17.46	19.47	19.43	21.6
Other Long-Term Assets	11.81	12	12.11	14.7	15.03	16.58
Total Assets	90.49	85.01	86.24	90.4	87.22	97.02
Accounts Payable	11.22	7.12	5.95	24.83	21.85	16.45
Current Portion of Long-Term Debt	4.74	4.74	4.74	9.25	12.32	12.62
Current Portion of Leases	1.34	1.35	1.31	1.35	1.01	1.01
Current Income Taxes Payable	-	6.59	6.6	-	-	-
Total Current Liabilities	17.29	19.79	18.6	35.43	35.19	30.08
Long-Term Debt	27.99	27.99	32.72	37.46	35.54	35.54
Long-Term Leases	11.92	12.76	13.07	13.5	13.52	13.7
Pension & Post-Retirement Benefits	0.83	0.76	0.72	0.66	0.6	0.73
Other Long-Term Liabilities	4.62	4.66	7.82	5.04	4.98	5
Total Liabilities	62.64	65.96	72.95	92.08	89.83	85.06
Common Stock	32.2	32.2	32.2	32.2	32.2	32.2
Additional Paid-In Capital	-	-	-	-	-	12.4
Retained Earnings	7.4	-0.17	-6.07	-18.86	-20.07	-21.66
Comprehensive Income & Other	-2.4	-2.81	-2.65	-2.84	-2.54	-2.63
Total Common Equity	37.2	29.23	23.48	10.5	9.59	20.31
Minority Interest	-9.35	-10.18	-10.19	-12.18	-12.2	-8.35
Shareholders' Equity	27.85	19.05	13.3	-1.68	-2.61	11.96
Total Liabilities & Equity	90.49	85.01	86.24	90.4	87.22	97.02
Total Debt	45.98	46.83	51.84	61.55	62.39	62.87
Net Cash (Debt)	-40.1	-39.74	-45.45	-53.54	-58.79	-59.57
Net Cash Per Share	-0.12	-0.12	-0.14	-0.17	-0.18	-0.18
Filing Date Shares Outstanding	322	322	322	322	322	322
Total Common Shares Outstanding	322	322	322	322	322	322
Working Capital	3.86	-3.8	-6.08	-23.93	-29.01	-20.6
Book Value Per Share	0.12	0.09	0.07	0.03	0.03	0.06
Tangible Book Value	37.2	29.23	23.48	10.5	9.59	20.31
Tangible Book Value Per Share	0.12	0.09	0.07	0.03	0.03	0.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.