Al Batinah Power Company SAOG (MSM:BATP)

MSM:BATP Income Statement

Financials in millions OMR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	78.97	66.33	66.77	52.05	50.63
Other Revenue	0.57	0.48	0.06	-	-
Revenue	79.53	66.81	66.84	52.05	50.63
Revenue Growth (YoY)	19.05%	-0.04%	28.42%	2.80%	2.89%
Depreciation & Amortization	7.67	7.67	7.69	7.69	7.69
Other Operating Expenses	50.65	38.43	38.21	23.68	22.18
Total Operating Expenses	58.32	46.11	45.9	31.37	29.87
Operating Income	21.22	20.7	20.94	20.68	20.76
Interest Expense	-4.73	-5.77	-6.57	-7.37	-8.21
Interest Income	0.29	0.26	0.09	0	0.01
Net Interest Expense	-4.44	-5.51	-6.48	-7.36	-8.2
Currency Exchange Gain (Loss)	-0.06	-0.06	-0.04	-0.04	-0.05
Other Non-Operating Income (Expenses)	-0.13	-0.19	-0.11	-0.28	-0.18
EBT Excluding Unusual Items	16.59	14.95	14.32	12.99	12.33
Pretax Income	16.59	14.95	14.32	12.99	12.33
Income Tax Expense	2.49	2.24	2.15	1.87	1.72
Net Income	14.1	12.71	12.17	11.12	10.62
Net Income to Common	14.1	12.71	12.17	11.12	10.62
Net Income Growth	11.00%	4.40%	9.39%	4.79%	8.94%
Shares Outstanding (Basic)	675	675	675	675	675
Shares Outstanding (Diluted)	675	675	675	675	675
EPS (Basic)	0.02	0.02	0.02	0.02	0.02
EPS (Diluted)	0.02	0.02	0.02	0.02	0.02
EPS Growth	11.00%	4.40%	9.40%	4.78%	8.94%
Free Cash Flow	25.67	28.18	31.17	28.72	28.57
Free Cash Flow Per Share	0.04	0.04	0.05	0.04	0.04
Dividend Per Share	-	0.011	0.007	0.006	0.006
Dividend Growth	-	64.29%	16.67%	1.69%	-15.71%
Profit Margin	17.73%	19.02%	18.21%	21.37%	20.97%
Free Cash Flow Margin	32.28%	42.18%	46.64%	55.18%	56.44%
EBITDA	28.68	28.17	28.41	28.24	28.23
EBITDA Margin	36.06%	42.16%	42.51%	54.26%	55.76%
D&A For EBITDA	7.46	7.46	7.47	7.56	7.47
EBIT	21.22	20.7	20.94	20.68	20.76
EBIT Margin	26.68%	30.99%	31.33%	39.73%	41.00%
Effective Tax Rate	15.01%	15.01%	15.00%	14.36%	13.91%

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