Salalah Port Services Company SAOG (MSM: SPSI)

SPSI 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	17.1	17.25	39.89	39.52	46.42	4.32
Short-Term Investments	0	-	-	-	-	20
Cash & Short-Term Investments	17.1	17.25	39.89	39.52	46.42	24.32
Cash Growth	-50.58%	-56.76%	0.95%	-14.87%	90.86%	-8.01%
Accounts Receivable	4.51	11.69	9.27	8.88	5.09	9.06
Other Receivables	7.23	3	1.63	3.07	0.9	1.41
Receivables	11.74	14.69	10.9	11.95	5.99	10.47
Inventory	2.31	2.67	2.64	2.7	2.54	1.78
Prepaid Expenses	1	1.5	1.35	1.22	1.3	1.16
Other Current Assets	0.29	0.36	0.62	1.14	0.63	1
Total Current Assets	32.43	36.47	55.4	56.52	56.89	38.73
Property, Plant & Equipment	80.05	67.12	63.4	63.46	64.22	73.62
Long-Term Investments	19	19	-	-	-	-
Other Intangible Assets	0.29	0.48	0.69	0.1	0.11	0.13
Total Assets	131.78	123.07	119.49	120.08	121.23	112.47
Accounts Payable	2.39	2.7	1.42	1.68	1.95	3.04
Accrued Expenses	20.72	19.89	16.82	16.57	15.09	15.42
Current Portion of Leases	4.5	2.11	1.83	1.9	1.81	1.81
Current Income Taxes Payable	1.1	0.85	0.56	1.55	3.43	1.59
Current Unearned Revenue	0.95	6.52	8.6	8.77	7.57	8.82
Total Current Liabilities	29.64	32.08	29.22	30.47	29.85	30.69
Long-Term Leases	18.4	7.01	7.89	9.07	10.34	11.34
Long-Term Deferred Tax Liabilities	2.92	3.63	3.97	3.9	4.62	5.45
Total Liabilities	56.08	47.73	45.15	47.16	48.45	50.82
Common Stock	17.98	17.98	17.98	17.98	17.98	17.98
Additional Paid-In Capital	2.95	2.95	2.95	2.95	2.95	2.95
Retained Earnings	54.76	54.42	53.41	51.99	51.84	40.66
Total Common Equity	75.69	75.35	74.34	72.92	72.78	61.59
Minority Interest	-	-	-	-	-	0.06
Shareholders' Equity	75.69	75.35	74.34	72.92	72.78	61.66
Total Liabilities & Equity	131.78	123.07	119.49	120.08	121.23	112.47
Total Debt	22.9	9.11	9.72	10.98	12.16	13.15
Net Cash (Debt)	-5.8	8.14	30.17	28.54	34.27	11.17
Net Cash Growth	-	-73.04%	5.72%	-16.71%	206.76%	-57.76%
Net Cash Per Share	-0.03	0.05	0.17	0.16	0.19	0.06
Filing Date Shares Outstanding	179.84	179.84	179.84	179.84	179.84	179.84
Total Common Shares Outstanding	179.84	179.84	179.84	179.84	179.84	179.84
Working Capital	2.79	4.4	26.18	26.05	27.03	8.04
Book Value Per Share	0.42	0.42	0.41	0.41	0.40	0.34
Tangible Book Value	75.4	74.87	73.65	72.82	72.66	61.47
Tangible Book Value Per Share	0.42	0.42	0.41	0.40	0.40	0.34
Machinery	144.93	149.79	154.1	149.02	148.23	155.77
Construction In Progress	9.19	12.11	0.51	9.9	2.39	0.58
Leasehold Improvements	19.97	10.31	9.92	9.61	8.2	8.19

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