Salhia Real Estate Company K.S.C.P. (KWSE: SRE)

SRE 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	13.05	6.19	5.39	4	3.9	6.62
Short-Term Investments	-	-	-	-	2.73	7.95
Cash & Short-Term Investments	13.05	6.19	5.39	4	6.63	14.57
Cash Growth	36.04%	14.86%	34.70%	-39.63%	-54.50%	42.66%
Accounts Receivable	10.18	1.99	1.45	1.56	1.44	1.42
Other Receivables	-	0.79	1.14	4.08	1.12	3.41
Receivables	10.18	2.78	2.59	5.64	2.56	4.83
Inventory	0.2	0.2	0.2	0.31	0.2	0.29
Other Current Assets	-	22.15	5.53	4.07	4.94	6.08
Total Current Assets	23.42	31.33	13.71	14.02	14.32	25.77
Property, Plant & Equipment	55.59	49.13	36.55	32.27	33.33	66.73
Long-Term Investments	9.29	16.67	19.42	16.41	17.17	16.54
Other Long-Term Assets	440.91	361	349.16	329.24	299.26	259.96
Total Assets	529.21	458.12	418.84	391.94	364.09	369.01
Accounts Payable	39.33	3.44	3.02	6	5.01	6.03
Accrued Expenses	-	3.18	2.93	2.94	2.36	2.28
Short-Term Debt	6.99	14.3	5.72	1.1	3.95	-
Current Portion of Long-Term Debt	12.93	35.77	29.77	19.09	9.1	6.56
Current Portion of Leases	-	-	0.21	0.65	0.65	0.81
Current Income Taxes Payable	-	0.17	0.15	-	-	-
Other Current Liabilities	-	18.13	20.75	14.59	11.98	8.89
Total Current Liabilities	59.24	74.99	62.56	44.36	33.04	24.57
Long-Term Debt	288.78	187.94	178.15	173.86	147.42	162.03
Long-Term Leases	-	-	-	0.63	1.94	2.43
Long-Term Unearned Revenue	-	1.65	1.62	1.69	5.95	5.34
Other Long-Term Liabilities	-	13.68	8.45	9.73	8.54	8.68
Total Liabilities	348.02	278.24	250.78	230.27	196.89	203.04
Common Stock	59.35	56.53	53.84	51.27	51.27	51.27
Additional Paid-In Capital	35.06	35.06	35.06	35.06	35.06	35.06
Retained Earnings	99.1	102.24	96.73	92.09	97.64	88.71
Treasury Stock	-7.17	-8.09	-8.52	-7.47	-5	-5.19
Comprehensive Income & Other	-5.23	-6.03	-9.09	-9.34	-11.79	-6.54
Total Common Equity	181.11	179.71	168.01	161.61	167.17	163.3
Minority Interest	0.08	0.17	0.05	0.06	0.02	2.67
Shareholders' Equity	181.19	179.88	168.07	161.68	167.2	165.97
Total Liabilities & Equity	529.21	458.12	418.84	391.94	364.09	369.01
Total Debt	308.7	238.01	213.84	195.33	163.05	171.82
Net Cash (Debt)	-295.65	-231.82	-208.45	-191.32	-156.42	-157.25
Net Cash Per Share	-0.52	-0.40	-0.37	-0.33	-0.27	-0.28
Filing Date Shares Outstanding	574.57	571.98	569.4	571.21	574.68	572.33
Total Common Shares Outstanding	574.57	571.98	569.4	571.21	574.68	572.33
Working Capital	-35.82	-43.66	-48.84	-30.34	-18.72	1.2
Book Value Per Share	0.32	0.31	0.30	0.28	0.29	0.29
Tangible Book Value	181.11	179.71	168.01	161.61	167.17	163.3
Tangible Book Value Per Share	0.32	0.31	0.30	0.28	0.29	0.29
Land	-	7.95	6.26	6.26	6.26	10.93
Buildings	-	52.67	51.7	51.7	51.7	93.54
Machinery	-	40.54	40.21	39.71	39.45	43.16
Construction In Progress	-	16.77	6.06	0.95	0.21	0.54

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