Kuwait Telecommunications Company K.S.C.P. (KWSE:STC)

KWSE:STC 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
Cash & Equivalents	55.49	56.61	86.96	63	52.04	69.53
Short-Term Investments	27.1	49.17	14.48	16	13.11	5.51
Cash & Short-Term Investments	82.58	105.78	101.44	79	65.15	75.03
Cash Growth	4.03%	4.27%	28.40%	21.26%	-13.17%	-2.22%
Accounts Receivable	111.81	102.38	102.19	93.78	81.85	67.04
Other Receivables	-	-	-	-	-	0.49
Receivables	111.81	102.38	102.19	93.78	81.85	67.53
Inventory	13.88	14.74	12.84	7.89	10.81	9.28
Prepaid Expenses	10.05	10.49	9.54	9.09	7.77	7
Total Current Assets	218.32	233.39	226	189.75	165.59	158.84
Property, Plant & Equipment	183.66	153.85	150.11	158.74	171.83	180.15
Goodwill	-	11.88	11.88	11.88	3.4	5.45
Other Intangible Assets	44.8	42.27	40.57	42.66	37.03	29.82
Long-Term Accounts Receivable	23.58	20.84	19.1	21.35	15.96	-
Total Assets	470.36	462.24	447.66	424.37	393.8	374.25
Accounts Payable	189.19	169.04	13.26	13.65	9.59	11.19
Accrued Expenses	-	-	97.61	82.38	86.03	77.08
Current Portion of Long-Term Debt	5.75	5.75	5.75	-	2.69	3.08
Current Portion of Leases	6.63	5.65	4.43	4.71	4.93	4.83
Current Unearned Revenue	-	-	27.06	24.29	-	-
Other Current Liabilities	-	-	16.2	16.39	34.92	32.82
Total Current Liabilities	201.58	180.44	164.3	141.41	138.15	129
Long-Term Debt	8.63	11.5	17.25	23	2.31	6.92
Long-Term Leases	23.57	14.62	8.69	6.44	4.93	6.08
Other Long-Term Liabilities	-	2.28	-	-	-	-
Total Liabilities	247.48	221.76	203.8	182.96	156.61	152.07
Common Stock	99.87	99.87	99.87	99.87	49.94	49.94
Retained Earnings	122.84	140.47	144.05	141.33	188.02	173.11
Comprehensive Income & Other	0.16	0.13	-0.06	0.21	-0.77	-0.88
Shareholders' Equity	222.87	240.48	243.87	241.42	237.19	222.17
Total Liabilities & Equity	470.36	462.24	447.66	424.37	393.8	374.25
Total Debt	44.58	37.52	36.12	34.15	14.86	20.91
Net Cash (Debt)	38.01	68.26	65.33	44.85	50.29	54.13
Net Cash Growth	-19.16%	4.49%	45.64%	-10.82%	-7.08%	16.55%
Net Cash Per Share	0.04	0.07	0.07	0.04	0.05	0.05
Filing Date Shares Outstanding	998.73	998.73	998.73	998.73	998.73	998.73
Total Common Shares Outstanding	998.73	998.73	998.73	998.73	998.73	998.73
Working Capital	16.74	52.95	61.7	48.34	27.44	29.84
Book Value Per Share	0.22	0.24	0.24	0.24	0.24	0.22
Tangible Book Value	178.08	186.33	191.42	186.88	196.77	186.91
Tangible Book Value Per Share	0.18	0.19	0.19	0.19	0.20	0.19
Machinery	-	416.89	398.98	389.74	399.93	379.85
Construction In Progress	-	10.88	7.31	6.57	10.37	13.93

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