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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	10.62	10.53	10.03	10.34	10.28	20.89
Cash & Equivalents	13.01	25.13	9.8	11.65	11.68	13.35
Accounts Receivable	10.33	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	6.59	5.96	4.84	-	-	-
Other Current Assets	35.33	36.22	40.38	47.43	61.95	77.33
Trading Asset Securities	21.92	21.25	18.7	16.59	15.44	17.12
Other Long-Term Assets	453.86	466.43	437.62	437.9	535.3	345.33
Total Assets	551.67	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	140.61	119.65	117.9	123.6	105.35	122.22
Long-Term Leases	0.81	0.85	0.35	0.4	0.21	0.45
Accounts Payable	53.06	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	195.51	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	274.35	273.14	274.2	309.38	325.45	138.21
Treasury Stock	-10.32	-10.32	-14.03	-17.34	-14.35	-7.86
Comprehensive Income & Other	-124.49	-102.26	-117.28	-140.71	-33.26	-19.25
Total Common Equity	352.84	373.86	346.28	354.73	448.21	273.61
Minority Interest	3.31	3.52	4.2	5	5.78	9.79
Shareholders' Equity	356.15	377.38	350.48	359.73	453.99	283.4
Total Liabilities & Equity	551.67	574.01	533.17	538.75	654.15	491.12
Total Debt	141.43	143.2	132.78	128.21	126	129.4
Net Cash (Debt)	-106.5	-96.82	-104.28	-99.98	-98.88	-98.93
Net Cash Per Share	-0.05	-0.05	-0.05	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	2,103	2,103	2,074	2,049	2,051	2,091
Total Common Shares Outstanding	2,103	2,103	2,074	2,049	2,051	2,091
Book Value Per Share	0.17	0.18	0.17	0.17	0.22	0.13
Tangible Book Value	352.84	373.86	346.28	354.73	448.21	273.61
Tangible Book Value Per Share	0.17	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.