United Real Estate Company K.S.C.P. (KWSE: URC)

KWSE: URC 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	8.96	26.33	10.95	14.2	11.61	9.81
Short-Term Investments	9.28	9.06	9.85	-	-	-
Cash & Short-Term Investments	18.24	35.38	20.8	14.2	11.61	9.81
Cash Growth	-1.13%	70.12%	46.50%	22.26%	18.42%	-49.55%
Accounts Receivable	40.86	43.02	44.08	47.16	48.02	50.46
Other Receivables	1.72	-	-	-	-	-
Receivables	42.58	43.02	44.08	47.16	48.02	50.46
Prepaid Expenses	1.61	1.54	0.45	0.67	0.71	0.91
Other Current Assets	7.38	10.58	26.51	57.96	59.5	66.95
Total Current Assets	69.81	90.53	91.84	119.99	119.84	128.13
Property, Plant & Equipment	512.4	513.55	515.8	391.52	403.58	414.02
Long-Term Investments	47.64	42.28	42.54	62.07	60.2	61.07
Other Intangible Assets	1.39	1.49	1.6	1.7	1.8	1.92
Total Assets	649.31	665.48	667.72	600.43	606.96	622.8
Accounts Payable	56.61	67.71	77.15	46.14	50.71	54.94
Short-Term Debt	0.11	14.01	19.88	21.37	24.93	69.83
Current Portion of Long-Term Debt	36.85	6.96	75.57	9.47	11.45	27.8
Current Unearned Revenue	-	-	-	0.67	0.63	1
Other Current Liabilities	2.05	-	-	30.86	30.79	27.65
Total Current Liabilities	95.63	88.68	172.61	108.52	118.5	181.23
Long-Term Debt	325.36	350.65	267.31	275.68	263.66	199.08
Long-Term Deferred Tax Liabilities	25.47	31.71	31.19	31.52	31.93	31.97
Other Long-Term Liabilities	8.51	7.81	8.06	-	-	-
Total Liabilities	454.97	478.85	479.17	415.73	414.09	412.28
Common Stock	143.05	143.05	143.05	118.8	118.8	118.8
Additional Paid-In Capital	16.04	16.04	16.04	16.04	16.04	16.04
Retained Earnings	46.81	41.35	45.34	38.93	43.6	62.62
Treasury Stock	-15.5	-15.5	-15.5	-14.48	-14.48	-14.48
Comprehensive Income & Other	3.02	-0.91	-0.74	10.43	8.77	3.93
Total Common Equity	193.43	184.04	188.19	169.72	172.73	186.91
Minority Interest	0.92	2.59	0.36	14.99	20.14	23.61
Shareholders' Equity	194.34	186.63	188.54	184.7	192.87	210.52
Total Liabilities & Equity	649.31	665.48	667.72	600.43	606.96	622.8
Total Debt	362.33	371.62	362.77	306.53	300.04	296.72
Net Cash (Debt)	-344.08	-336.23	-341.97	-292.33	-288.43	-286.91
Net Cash Per Share	-0.26	-0.26	-0.32	-0.27	-0.27	-0.27
Filing Date Shares Outstanding	1,302	1,302	1,302	1,074	1,074	1,074
Total Common Shares Outstanding	1,302	1,302	1,302	1,074	1,074	1,074
Working Capital	-25.81	1.85	-80.77	11.46	1.34	-53.1
Book Value Per Share	0.15	0.14	0.14	0.16	0.16	0.17
Tangible Book Value	192.04	182.54	186.59	168.02	170.92	184.99
Tangible Book Value Per Share	0.15	0.14	0.14	0.16	0.16	0.17
Land	-	358.67	361.95	224.09	227.65	227.49
Buildings	-	182.65	175.95	189.74	179.86	187.08
Machinery	-	56.72	52.77	50.58	29.14	27.3
Construction In Progress	-	14.37	18.53	15.96	14.37	14.33

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