Mobile Telecommunications Company K.S.C.P. (KWSE: ZAIN)

ZAIN 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	229.4	326.51	240.41	231.88	393.06	296.99
Short-Term Investments	-	168.86	106.13	92.25	56.71	30.29
Trading Asset Securities	41.21	35.13	34.13	28.42	9.79	8.54
Cash & Short-Term Investments	270.61	530.51	380.67	352.56	459.56	335.81
Cash Growth	-28.56%	39.36%	7.97%	-23.28%	36.85%	-7.65%
Accounts Receivable	1,095	523.11	440.16	351.73	280.24	299.84
Other Receivables	-	162.71	178.07	159.54	160.08	160.03
Receivables	1,095	685.82	618.23	511.27	440.32	459.88
Inventory	67.94	54.95	48.14	59.22	51.1	48.51
Prepaid Expenses	-	114.67	130.5	144.57	138.06	132.13
Other Current Assets	4.03	4.02	259.76	4.91	6.92	17.61
Total Current Assets	1,437	1,390	1,437	1,073	1,096	993.94
Property, Plant & Equipment	1,159	1,237	1,174	1,381	1,483	1,410
Long-Term Investments	223.47	218.17	114.13	96.77	81.46	78.97
Goodwill	533.01	533.81	568.92	584.57	605.46	607.81
Other Intangible Assets	1,428	1,503	1,564	1,563	1,562	1,552
Long-Term Accounts Receivable	58.9	54.02	49.16	42.86	36.62	28.13
Other Long-Term Assets	105.42	59.69	42.33	57.67	47.11	64.67
Total Assets	4,945	4,996	4,950	4,799	4,912	4,736
Accounts Payable	6.57	789.27	697.16	720.84	736.03	647.75
Accrued Expenses	-	181.69	189.04	109.33	160.55	128.9
Short-Term Debt	41.41	25.09	23.92	46.36	104.66	88.99
Current Portion of Long-Term Debt	500.23	144.79	189.64	359.86	71.89	91.29
Current Portion of Leases	25.59	28.86	19.42	33.6	38.41	42.8
Current Income Taxes Payable	17.17	19.12	18.6	23.9	20.53	61.78
Current Unearned Revenue	53.99	63.38	64.27	90.85	95.83	98.5
Other Current Liabilities	1,060	119.38	185.34	108.8	95.5	86.26
Total Current Liabilities	1,705	1,372	1,387	1,494	1,323	1,246
Long-Term Debt	1,012	1,142	1,153	899.34	1,020	1,218
Long-Term Leases	168.39	147.04	85.38	148.71	143.72	144.28
Other Long-Term Liabilities	146.2	323.72	381.23	404.12	450.51	413.86
Total Liabilities	3,087	3,035	3,054	2,987	2,977	3,057
Common Stock	432.71	432.71	432.71	432.71	432.71	432.71
Additional Paid-In Capital	1,707	1,707	1,707	1,707	1,707	1,707
Retained Earnings	661.09	673.38	609.35	556.14	575.53	534.86
Comprehensive Income & Other	-1,653	-1,567	-1,519	-1,507	-1,400	-1,376
Total Common Equity	1,148	1,246	1,230	1,189	1,315	1,299
Minority Interest	709.71	714.28	666.01	622.58	619.11	379.84
Shareholders' Equity	1,857	1,960	1,896	1,812	1,935	1,679
Total Liabilities & Equity	4,945	4,996	4,950	4,799	4,912	4,736
Total Debt	1,748	1,487	1,471	1,488	1,379	1,586
Net Cash (Debt)	-1,477	-956.93	-1,091	-1,135	-918.95	-1,250
Net Cash Per Share	-0.34	-0.22	-0.25	-0.26	-0.21	-0.29
Filing Date Shares Outstanding	4,327	4,327	4,327	4,327	4,327	4,327
Total Common Shares Outstanding	4,327	4,327	4,327	4,327	4,327	4,327
Working Capital	-267.26	18.38	49.9	-421.03	-227.44	-252.31
Book Value Per Share	0.27	0.29	0.28	0.27	0.30	0.30
Tangible Book Value	-813.33	-790.67	-902.59	-958.38	-852.1	-861.28
Tangible Book Value Per Share	-0.19	-0.18	-0.21	-0.22	-0.20	-0.20
Land	-	108.3	108.28	106.3	112.03	114.12
Machinery	-	3,077	2,980	3,112	3,064	2,814
Construction In Progress	-	229.37	125.74	140.34	154.69	114.28

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