National Real Estate Company - K.P.S.C. (KWSE:NRE)

KWSE:NRE 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	10.61	10.53	10.03	10.34	10.28	20.89
Cash & Equivalents	11.34	25.13	9.8	11.65	11.68	13.35
Accounts Receivable	17.76	5.22	8.34	9.54	16.82	13.17
Other Receivables	-	3.27	3.45	5.31	2.68	3.94
Investment In Debt and Equity Securities	6.79	5.96	4.84	-	-	-
Other Current Assets	34.92	36.22	40.38	47.43	61.95	77.33
Trading Asset Securities	22.23	21.25	18.7	16.59	15.44	17.12
Other Long-Term Assets	435.58	466.43	437.62	437.9	535.3	345.33
Total Assets	539.22	574.01	533.17	538.75	654.15	491.12
Current Portion of Long-Term Debt	-	22.7	14.53	3.97	20.23	6.54
Current Portion of Leases	-	0	0.01	0.24	0.22	0.19
Long-Term Debt	151.28	119.65	117.9	123.6	105.35	122.22
Long-Term Leases	0.78	0.85	0.35	0.4	0.21	0.45
Accounts Payable	52.64	9.88	8.78	8.71	9.08	8.84
Accrued Expenses	-	6.16	4.28	5.32	10.87	4.96
Long-Term Unearned Revenue	-	25.82	23.95	23.53	29.72	36.44
Other Long-Term Liabilities	-	10.62	12.02	12.11	23.45	27.17
Total Liabilities	205.77	196.63	182.69	179.02	200.16	207.73
Common Stock	208.03	208.03	198.13	198.13	165.11	157.24
Additional Paid-In Capital	5.27	5.27	5.27	5.27	5.27	5.27
Retained Earnings	207.85	273.14	274.2	309.38	325.45	138.21
Treasury Stock	-10.71	-10.32	-14.03	-17.34	-14.35	-7.86
Comprehensive Income & Other	-80.24	-102.26	-117.28	-140.71	-33.26	-19.25
Total Common Equity	330.2	373.86	346.28	354.73	448.21	273.61
Minority Interest	3.25	3.52	4.2	5	5.78	9.79
Shareholders' Equity	333.45	377.38	350.48	359.73	453.99	283.4
Total Liabilities & Equity	539.22	574.01	533.17	538.75	654.15	491.12
Total Debt	152.06	143.2	132.78	128.21	126	129.4
Net Cash (Debt)	-118.5	-96.82	-104.28	-99.98	-98.88	-98.93
Net Cash Per Share	-0.06	-0.05	-0.05	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	2,102	2,103	2,074	2,049	2,051	2,091
Total Common Shares Outstanding	2,098	2,103	2,074	2,049	2,051	2,091
Book Value Per Share	0.16	0.18	0.17	0.17	0.22	0.13
Tangible Book Value	330.2	373.86	346.28	354.73	448.21	273.61
Tangible Book Value Per Share	0.16	0.18	0.17	0.17	0.22	0.13
Buildings	-	-	-	3.3	3.38	3.37
Construction In Progress	-	-	-	-	-	9.57

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