Sembcorp Salalah Power & Water Company SAOG (MSM: SSPW)

SSPW 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	19.8	18.94	24.58	22.21	21.2	4.42
Trading Asset Securities	0.04	0.46	0.38	-	-	-
Accounts Receivable	6.94	6.62	6.16	17.57	23.11	19.18
Other Receivables	0.04	1.07	0.88	0.52	0.01	0.11
Inventory	6.14	5.8	5.52	5.46	5.67	5.37
Prepaid Expenses	0.15	0	0	0.03	0.06	0.03
Restricted Cash	-	-	-	-	-	18.93
Other Current Assets	1.46	1.42	1.37	1.45	1.39	1.47
Total Current Assets	34.56	34.31	38.88	47.25	51.43	49.5
Property, Plant & Equipment	230.68	238.72	249.46	260.11	270.77	280.75
Other Intangible Assets	-	-	0	0	0.03	0
Long-Term Investments	-	-	0.03	-	-	-
Other Long-Term Assets	-	-	-	-	-	0.31
Total Assets	265.24	273.03	288.37	307.36	322.23	330.56
Accounts Payable	2.44	0.14	1.68	11.71	16.33	13.55
Accrued Expenses	7.1	6.67	7.32	6.4	6.5	5.99
Current Portion of Long-Term Debt	25.69	23.52	27.78	29.48	28.66	27.17
Current Income Taxes Payable	3.19	3.79	3.27	2.58	1.4	-
Other Current Liabilities	-	-	-	-	-	0.44
Total Current Liabilities	38.42	34.12	40.05	50.18	52.89	47.15
Long-Term Debt	25.43	50.93	73.31	105.39	137.11	160.52
Long-Term Leases	0.62	0.59	0.56	0.52	0.49	0.46
Long-Term Unearned Revenue	0.73	0.88	1.08	-	-	-
Long-Term Deferred Tax Liabilities	24.38	24.64	24.81	23.42	21.8	20.36
Other Long-Term Liabilities	0.85	0.81	0.78	0.73	0.69	0.65
Total Liabilities	90.44	111.98	140.59	180.24	212.98	229.14
Common Stock	95.46	95.46	95.46	95.46	95.46	95.46
Retained Earnings	79.43	65.34	51.98	38.08	25.61	15.97
Comprehensive Income & Other	-0.08	0.25	0.34	-6.42	-11.81	-10.01
Shareholders' Equity	174.8	161.05	147.78	127.12	109.25	101.42
Total Liabilities & Equity	265.24	273.03	288.37	307.36	322.23	330.56
Total Debt	51.75	75.04	101.64	135.4	166.26	188.15
Net Cash (Debt)	-31.91	-55.64	-76.68	-113.19	-145.06	-183.73
Net Cash Per Share	-0.03	-0.06	-0.08	-0.12	-0.15	-0.19
Filing Date Shares Outstanding	954.57	954.57	954.57	954.57	954.57	954.57
Total Common Shares Outstanding	954.57	954.57	954.57	954.57	954.57	954.57
Working Capital	-3.86	0.19	-1.17	-2.93	-1.46	2.35
Book Value Per Share	0.18	0.17	0.15	0.13	0.11	0.11
Tangible Book Value	174.8	161.05	147.78	127.12	109.22	101.42
Tangible Book Value Per Share	0.18	0.17	0.15	0.13	0.11	0.11
Buildings	48.65	48.65	48.65	48.65	48.65	48.6
Machinery	293.55	293.21	292.72	291.62	291.2	290.1
Construction In Progress	-	-	-	0.64	0.65	0.97

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