Al Suwadi Power Company SAOG (MSM: SUWP)

SUWP 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	22.14	6.96	1.87	1.33	0.96	0.76
Accounts Receivable	8.59	4.3	5.59	33.39	40.61	68.16
Other Receivables	1.29	0.79	0.3	0.1	0.05	0.86
Inventory	2.77	2.67	2.69	2.63	1.87	4.82
Prepaid Expenses	0.36	0.36	0.36	0.31	0.33	0.8
Restricted Cash	-	-	-	-	-	3.21
Other Current Assets	0.04	0	-	-	-	-
Total Current Assets	35.19	15.09	10.8	37.76	43.81	78.6
Property, Plant & Equipment	228.08	234.2	242.35	250.33	258.29	692.8
Long-Term Investments	0.58	1.54	2.57	-	-	-
Other Long-Term Assets	-	-	-	-	0.61	1.54
Total Assets	263.85	250.82	255.72	288.09	302.71	772.94
Accounts Payable	8.49	1.05	1.11	33.45	0.2	0.64
Accrued Expenses	2.4	7.19	8.44	1.1	41.09	69.08
Short-Term Debt	-	0.1	-	1.45	2.12	6.63
Current Portion of Long-Term Debt	19.29	18.92	18.97	18.78	17.09	44.26
Current Portion of Leases	0.16	0.15	0.14	0.14	0.13	0.31
Current Income Taxes Payable	1.91	2.36	0.68	-	-	-
Other Current Liabilities	0.54	0.27	0.84	0.94	0.55	2.49
Total Current Liabilities	32.8	30.04	30.18	55.85	61.17	123.41
Long-Term Debt	58.87	60.97	79.31	102.62	125.54	358.21
Long-Term Leases	0.49	0.66	0.82	0.96	1.1	3.18
Pension & Post-Retirement Benefits	-	-	-	-	-	0.02
Long-Term Deferred Tax Liabilities	26.89	26.99	26.82	24.07	21.48	52.26
Other Long-Term Liabilities	1.34	1.6	2.42	2.51	1.67	6.65
Total Liabilities	120.39	120.27	139.55	186.01	210.96	543.73
Common Stock	71.44	71.44	71.44	71.44	71.44	185.8
Retained Earnings	72.32	58.83	44.3	36.73	30.04	62.01
Comprehensive Income & Other	-0.3	0.28	0.44	-6.09	-9.72	-18.6
Shareholders' Equity	143.45	130.55	116.18	102.08	91.76	229.21
Total Liabilities & Equity	263.85	250.82	255.72	288.09	302.71	772.94
Total Debt	78.82	80.8	99.24	123.95	145.97	412.59
Net Cash (Debt)	-56.68	-73.85	-97.38	-122.62	-145.01	-411.83
Net Cash Per Share	-0.08	-0.10	-0.14	-0.17	-0.20	-0.58
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	2.39	-14.96	-19.38	-18.09	-17.35	-44.81
Book Value Per Share	0.20	0.18	0.16	0.14	0.13	0.32
Tangible Book Value	143.45	130.55	116.18	102.08	91.76	229.21
Tangible Book Value Per Share	0.20	0.18	0.16	0.14	0.13	0.32
Construction In Progress	0.01	-	0.15	0.19	0.01	0.02

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