Sharqiyah Desalination Company SAOG (MSM: SHRQ)

MSM: SHRQ 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	2.9	1.76	1.99	2.11	2.06	2.26
Accounts Receivable	5.63	5.43	5.09	4.83	4.4	4.12
Other Receivables	0.12	0.15	0.1	0.12	-	0
Prepaid Expenses	-	-	-	-	0.05	0.06
Other Current Assets	0.27	0.03	0.05	0.05	-	0.01
Total Current Assets	8.92	7.37	7.24	7.11	6.51	6.44
Property, Plant & Equipment	4.83	5.21	0.61	0.58	0.49	0.54
Other Intangible Assets	0.1	0.12	-	-	-	-
Long-Term Accounts Receivable	48.42	51.56	55.4	58.93	62.17	65.27
Total Assets	63.18	64.26	63.24	66.62	69.17	72.25
Accounts Payable	1.56	1.18	1	1.03	1.01	0.82
Accrued Expenses	-	0.86	1.09	0.89	0.51	0.49
Current Portion of Long-Term Debt	3.37	3.38	3.25	3.62	3.83	3.69
Current Unearned Revenue	0.01	0.01	0.01	0.01	0.01	0.01
Current Portion of Leases	0.32	0.31	0.06	0.06	0.01	0.02
Other Current Liabilities	1.15	0	0	-	-	-
Total Current Liabilities	6.41	5.75	5.42	5.6	5.37	5.02
Long-Term Debt	31.81	33.77	37.1	43.59	49.39	50.57
Long-Term Leases	4.35	4.59	0.04	0.08	0.01	0.02
Long-Term Unearned Revenue	0.25	0.26	0.27	0.28	0.29	0.3
Pension & Post-Retirement Benefits	0.03	0.1	0.1	0.1	0.07	0.07
Long-Term Deferred Tax Liabilities	3.76	3.51	3.34	2.66	1.93	2.02
Total Liabilities	47.02	47.99	46.28	52.32	57.06	58
Common Stock	9.78	9.78	9.78	9.78	9.78	9.78
Retained Earnings	5.86	6.88	7.67	8.24	8.63	8.92
Comprehensive Income & Other	0.52	-0.39	-0.49	-3.71	-6.3	-4.45
Shareholders' Equity	16.16	16.27	16.96	14.3	12.11	14.25
Total Liabilities & Equity	63.18	64.26	63.24	66.62	69.17	72.25
Total Debt	39.85	42.06	40.45	47.34	53.23	54.29
Net Cash (Debt)	-36.95	-40.29	-38.46	-45.23	-51.17	-52.03
Net Cash Per Share	-0.38	-0.41	-0.39	-0.46	-0.52	-0.53
Filing Date Shares Outstanding	97.8	97.8	97.8	97.8	97.8	97.8
Total Common Shares Outstanding	97.8	97.8	97.8	97.8	97.8	97.8
Working Capital	2.51	1.62	1.82	1.51	1.14	1.42
Book Value Per Share	0.17	0.17	0.17	0.15	0.12	0.15
Tangible Book Value	16.05	16.15	16.96	14.3	12.11	14.25
Tangible Book Value Per Share	0.16	0.17	0.17	0.15	0.12	0.15
Buildings	0.1	0.1	0.1	0.1	0.1	0.1
Machinery	1.03	1.02	0.86	0.85	0.78	0.7
Construction In Progress	-	-	0.17	-	-	-

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