Al Suwadi Power Company SAOG (MSM:SUWP)

MSM:SUWP Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.64	2.62	6.96	1.87	1.33	0.96
Accounts Receivable	8.75	4.22	4.3	5.59	33.39	40.61
Other Receivables	1.45	2.01	0.79	0.3	0.1	0.05
Inventory	2.6	2.64	2.67	2.69	2.63	1.87
Prepaid Expenses	0.32	0.33	0.36	0.36	0.31	0.33
Total Current Assets	32.77	11.83	15.09	10.8	37.76	43.81
Property, Plant & Equipment	220.08	226.04	234.2	242.35	250.33	258.29
Long-Term Investments	0.25	0.76	1.54	2.57	-	-
Other Long-Term Assets	-	-	-	-	-	0.61
Total Assets	253.11	238.63	250.82	255.72	288.09	302.71
Accounts Payable	1.57	1.05	1.05	1.11	33.45	0.2
Accrued Expenses	9.34	6.08	7.19	8.44	1.1	41.09
Short-Term Debt	-	2.23	0.1	-	1.45	2.12
Current Portion of Long-Term Debt	19.38	19	18.92	18.97	18.78	17.09
Current Portion of Leases	0.17	0.16	0.15	0.14	0.14	0.13
Current Income Taxes Payable	2.23	2.57	2.36	0.68	-	-
Other Current Liabilities	1.17	1.1	0.27	0.84	0.94	0.55
Total Current Liabilities	33.86	32.19	30.04	30.18	55.85	61.17
Long-Term Debt	39.9	42.3	60.97	79.31	102.62	125.54
Long-Term Leases	0.32	0.5	0.66	0.82	0.96	1.1
Long-Term Deferred Tax Liabilities	26.8	26.86	26.99	26.82	24.07	21.48
Other Long-Term Liabilities	0.72	1.73	1.6	2.42	2.51	1.67
Total Liabilities	101.59	103.57	120.27	139.55	186.01	210.96
Common Stock	71.44	71.44	71.44	71.44	71.44	71.44
Retained Earnings	80.16	64.15	58.83	44.3	36.73	30.04
Comprehensive Income & Other	-0.08	-0.53	0.28	0.44	-6.09	-9.72
Shareholders' Equity	151.51	135.06	130.55	116.18	102.08	91.76
Total Liabilities & Equity	253.11	238.63	250.82	255.72	288.09	302.71
Total Debt	59.77	64.19	80.8	99.24	123.95	145.97
Net Cash (Debt)	-40.12	-61.57	-73.85	-97.38	-122.62	-145.01
Net Cash Per Share	-0.06	-0.09	-0.10	-0.14	-0.17	-0.20
Filing Date Shares Outstanding	714.41	714.41	714.41	714.41	714.41	714.41
Total Common Shares Outstanding	714.41	714.41	714.41	714.41	714.41	714.41
Working Capital	-1.09	-20.36	-14.96	-19.38	-18.09	-17.35
Book Value Per Share	0.21	0.19	0.18	0.16	0.14	0.13
Tangible Book Value	151.51	135.06	130.55	116.18	102.08	91.76
Tangible Book Value Per Share	0.21	0.19	0.18	0.16	0.14	0.13
Construction In Progress	0.01	0.01	-	0.15	0.19	0.01

Source: S&P Global Market Intelligence. Utility template. Financial Sources.