Muscat City Desalination Company SAOG (MSM: MCDE)

MCDE Balance Sheet

Financials in millions OMR. 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	2.88	1.97	2.44	4.49	4.21	1.97
Short-Term Investments	0	0	0	0	-	0
Accounts Receivable	1.77	1.45	1.51	1.52	1.23	1.39
Other Receivables	-	-	-	-	0.09	-
Prepaid Expenses	0.13	0.08	0.07	0.1	-	0.09
Other Current Assets	0.15	0.24	0.16	-	-	-
Total Current Assets	4.92	3.74	4.18	6.11	5.53	3.46
Property, Plant & Equipment	78.01	79.89	82.21	84.67	87.13	89.35
Long-Term Deferred Tax Assets	-	-	-	1.23	1.35	0.72
Other Long-Term Assets	0.9	1.5	2.07	-	-	-
Total Assets	83.83	85.12	88.46	92.01	94	93.52
Accounts Payable	0.5	1.29	1.4	0.64	2.21	0.94
Accrued Expenses	0.05	-	-	0.05	-	-
Current Portion of Long-Term Debt	4.29	4.22	4.29	4.37	3.64	3.39
Current Portion of Leases	0	0	0	0	0	0.01
Other Current Liabilities	2.01	0.91	1.1	2.15	-	0.73
Total Current Liabilities	6.86	6.42	6.79	7.21	5.85	5.07
Long-Term Debt	47.06	49.86	54.09	62.12	69.41	69.65
Long-Term Leases	0.24	0.25	0.25	0.25	0.26	0.18
Pension & Post-Retirement Benefits	0.05	0.04	0.02	0.01	0	0.03
Long-Term Deferred Tax Liabilities	5.94	5.71	5.32	5.07	4.47	3.79
Other Long-Term Liabilities	0.25	0.23	0.25	0.38	0.38	0.37
Total Liabilities	60.39	62.51	66.72	75.05	80.38	79.08
Common Stock	15.56	15.56	15.56	15.56	15.56	15.56
Retained Earnings	6.99	5.58	4.3	4.8	3.95	2.11
Comprehensive Income & Other	0.89	1.48	1.9	-3.4	-5.88	-3.22
Shareholders' Equity	23.43	22.61	21.75	16.96	13.63	14.45
Total Liabilities & Equity	83.83	85.12	88.46	92.01	94	93.52
Total Debt	51.59	54.33	58.63	66.74	73.31	73.23
Net Cash (Debt)	-48.71	-52.36	-56.18	-62.25	-69.1	-71.25
Net Cash Per Share	-0.31	-0.34	-0.36	-0.40	-0.44	-0.46
Filing Date Shares Outstanding	155.55	155.55	155.55	155.55	155.55	155.55
Total Common Shares Outstanding	155.55	155.55	155.55	155.55	155.55	155.55
Working Capital	-1.94	-2.69	-2.6	-1.11	-0.32	-1.61
Book Value Per Share	0.15	0.15	0.14	0.11	0.09	0.09
Tangible Book Value	23.43	22.61	21.75	16.96	13.63	14.45
Tangible Book Value Per Share	0.15	0.15	0.14	0.11	0.09	0.09
Buildings	-	-	-	-	31.34	-
Machinery	47.11	47.1	46.75	46.72	0.09	46.48
Construction In Progress	-	-	0.15	-	0.2	0.05

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