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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.35	9.31	26.33	10.95	14.2	11.61
Short-Term Investments	-	8.63	9.06	9.85	-	-
Cash & Short-Term Investments	19.35	17.94	35.38	20.8	14.2	11.61
Cash Growth	6.10%	-49.30%	70.12%	46.50%	22.26%	18.42%
Accounts Receivable	47.25	46.42	41.39	44.08	47.16	48.02
Receivables	47.25	46.42	41.39	44.08	47.16	48.02
Prepaid Expenses	-	1.38	1.54	0.45	0.67	0.71
Other Current Assets	34.01	33.12	10.58	26.51	57.96	59.5
Total Current Assets	100.61	98.86	88.9	91.84	119.99	119.84
Property, Plant & Equipment	531.85	524.77	515.18	515.8	391.52	403.58
Long-Term Investments	49.77	46.96	42.28	42.54	62.07	60.2
Other Intangible Assets	1.28	1.39	1.49	1.6	1.7	1.8
Total Assets	683.51	671.97	665.48	667.72	600.43	606.96
Accounts Payable	66.14	66.98	66.86	77.15	46.14	50.71
Short-Term Debt	-	12.56	14.01	19.88	21.37	24.93
Current Portion of Long-Term Debt	25.86	10.41	6.96	75.57	9.47	11.45
Current Portion of Leases	-	1.3	0.85	-	-	-
Current Unearned Revenue	-	-	-	-	0.67	0.63
Other Current Liabilities	-	-	-	-	30.86	30.79
Total Current Liabilities	92	91.25	88.68	172.61	108.52	118.5
Long-Term Debt	335.16	342.53	350.65	267.31	275.68	263.66
Long-Term Leases	-	3.44	2.93	-	-	-
Long-Term Deferred Tax Liabilities	25.76	24.77	31.71	31.19	31.52	31.93
Other Long-Term Liabilities	20.87	5.69	4.88	8.06	-	-
Total Liabilities	473.79	467.68	478.85	479.17	415.73	414.09
Common Stock	143.05	143.05	143.05	143.05	118.8	118.8
Additional Paid-In Capital	19.38	16.04	16.04	16.04	16.04	16.04
Retained Earnings	40.91	46.73	41.35	45.34	38.93	43.6
Treasury Stock	-7.65	-15.5	-15.5	-15.5	-14.48	-14.48
Comprehensive Income & Other	5.96	6.06	-0.91	-0.74	10.43	8.77
Total Common Equity	201.66	196.38	184.04	188.19	169.72	172.73
Minority Interest	8.06	7.91	2.59	0.36	14.99	20.14
Shareholders' Equity	209.73	204.29	186.63	188.54	184.7	192.87
Total Liabilities & Equity	683.51	671.97	665.48	667.72	600.43	606.96
Total Debt	361.02	370.24	375.4	362.77	306.53	300.04
Net Cash (Debt)	-341.66	-352.31	-340.01	-341.97	-292.33	-288.43
Net Cash Per Share	-0.26	-0.26	-0.25	-0.30	-0.26	-0.26
Filing Date Shares Outstanding	1,374	1,367	1,367	1,367	1,128	1,128
Total Common Shares Outstanding	1,374	1,367	1,367	1,367	1,128	1,128
Working Capital	8.61	7.6	0.22	-80.77	11.46	1.34
Book Value Per Share	0.15	0.14	0.13	0.14	0.15	0.15
Tangible Book Value	200.38	194.99	182.54	186.59	168.02	170.92
Tangible Book Value Per Share	0.15	0.14	0.13	0.14	0.15	0.15
Land	-	371.34	358.67	361.95	224.09	227.65
Buildings	-	179.63	178.77	175.95	189.74	179.86
Machinery	-	53	53.8	52.77	50.58	29.14
Construction In Progress	-	14.54	14.37	18.53	15.96	14.37

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