United Projects Company For Aviation Services K.S.C.P. (KWSE: UPAC)

UPAC 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	8.99	6.72	4.47	4.39	1.81	1.51
Cash & Short-Term Investments	8.99	6.72	4.47	4.39	1.81	1.51
Cash Growth	65.21%	50.16%	1.98%	141.88%	19.96%	-85.20%
Accounts Receivable	2.1	0.78	1.91	1.91	1.77	1.62
Other Receivables	-	1.01	0.35	0.3	1.21	1.32
Receivables	2.1	1.79	2.26	2.21	2.98	2.94
Prepaid Expenses	-	0.11	0.18	0.18	0.28	0.69
Other Current Assets	-	0.21	0.21	-	-	-
Total Current Assets	11.09	8.82	7.13	6.77	5.07	5.14
Property, Plant & Equipment	0	0	0.01	0.03	0.06	0.17
Long-Term Investments	0.58	1.94	3.68	4.9	4.62	6.01
Other Intangible Assets	22.98	0.08	1.32	3.17	5.16	9.49
Total Assets	278.96	226.08	193.62	167.35	151.14	119.55
Accounts Payable	6.49	6.01	8.71	3.49	3.08	3.84
Accrued Expenses	-	0.82	-	-	-	-
Short-Term Debt	140.58	111.51	-	-	-	-
Current Unearned Revenue	-	-	-	2.89	2.98	3.23
Other Current Liabilities	-	0.16	78.87	17.99	1.16	0.82
Total Current Liabilities	147.07	118.5	87.58	24.37	7.22	7.89
Long-Term Debt	-	-	-	33.64	35.12	25.75
Long-Term Unearned Revenue	-	-	-	0.28	1.64	2.75
Other Long-Term Liabilities	23.49	0.81	0.91	5.51	4.99	4.93
Total Liabilities	171.5	120.16	89.23	64.44	49.56	41.86
Common Stock	38.25	38.25	38.25	38.25	38.25	16.45
Additional Paid-In Capital	48.61	48.61	48.61	48.61	48.61	42.07
Retained Earnings	21.08	19.45	17.92	17.29	16.37	19.64
Treasury Stock	-1.54	-1.54	-1.54	-1.54	-1.54	-1.54
Comprehensive Income & Other	-0.04	0.08	0.17	-0.62	-1.03	-0.67
Total Common Equity	106.35	104.84	103.4	101.98	100.65	75.94
Minority Interest	1.11	1.07	0.99	0.93	0.93	1.75
Shareholders' Equity	107.46	105.92	104.39	102.9	101.58	77.69
Total Liabilities & Equity	278.96	226.08	193.62	167.35	151.14	119.55
Total Debt	140.58	111.51	-	33.64	35.12	25.75
Net Cash (Debt)	-131.59	-104.79	4.47	-29.25	-33.3	-24.24
Net Cash Per Share	-0.35	-0.28	0.01	-0.08	-0.14	-0.10
Filing Date Shares Outstanding	376.53	377.68	377.68	377.68	377.68	159.68
Total Common Shares Outstanding	376.53	377.68	377.68	377.68	377.68	159.68
Working Capital	-135.98	-109.67	-80.45	-17.6	-2.15	-2.75
Book Value Per Share	0.28	0.28	0.27	0.27	0.27	0.48
Tangible Book Value	83.37	104.76	102.08	98.81	95.49	66.45
Tangible Book Value Per Share	0.22	0.28	0.27	0.26	0.25	0.42

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