Qatar Electricity & Water Company Q.P.S.C. (QSE:QEWS)

QSE:QEWS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,668	2,844	3,787	8,117	3,627	3,479
Trading Asset Securities	15.88	14.26	12.27	1.42	-	-
Accounts Receivable	762.2	1,147	858.48	667.39	458.98	586.8
Other Receivables	65.82	108.32	85.09	96.32	114.54	37.74
Inventory	93.1	94.32	96.91	93.99	63.91	66.34
Prepaid Expenses	118.54	73.55	82.77	48.36	17.4	19.3
Other Current Assets	67.69	65.86	186.39	364.81	255.54	255.54
Total Current Assets	3,791	4,348	5,109	9,389	4,537	4,445
Property, Plant & Equipment	5,531	5,425	5,907	6,142	4,828	5,070
Goodwill	-	30.81	30.81	30.81	30.81	30.81
Other Intangible Assets	59.17	29.85	35.82	41.79	47.76	65.89
Long-Term Investments	10,967	11,050	10,346	11,305	8,237	6,571
Long-Term Loans Receivable	1,348	1,313	1,144	60.7	-	143.69
Long-Term Deferred Tax Assets	57.58	56.96	48.82	32.12	-	-
Long-Term Accounts Receivable	362.37	410.9	594.81	764.89	798.42	823.31
Other Long-Term Assets	190.39	78.72	72.52	42.99	10.47	-
Total Assets	22,306	22,744	23,290	27,809	18,490	17,150
Accounts Payable	793.08	178.53	137.32	150.93	108.86	89.04
Accrued Expenses	-	365.73	366.25	396.59	206.57	224.78
Current Portion of Long-Term Debt	1,199	1,224	1,818	4,154	2,127	2,480
Current Portion of Leases	10.83	10.86	10.76	6.61	3.04	3.21
Other Current Liabilities	60.05	461.91	592.49	517.79	372.41	370.53
Total Current Liabilities	2,063	2,241	2,924	5,226	2,818	3,167
Long-Term Debt	4,782	4,746	5,001	6,921	3,586	3,907
Long-Term Leases	30.49	32.69	45.06	55.23	23.07	28.97
Pension & Post-Retirement Benefits	96.24	93.53	92.27	87.63	76.09	80.86
Long-Term Deferred Tax Liabilities	6.41	6.41	-	-	-	-
Other Long-Term Liabilities	17.36	15.72	18.68	62.57	-	-
Total Liabilities	6,996	7,135	8,081	12,352	6,503	7,184
Common Stock	1,100	1,100	1,100	1,100	1,100	1,100
Retained Earnings	12,890	13,185	13,048	12,522	11,476	10,732
Comprehensive Income & Other	1,061	1,075	738.31	1,502	-764.97	-2,073
Total Common Equity	15,051	15,360	14,886	15,124	11,811	9,758
Minority Interest	259.1	249.56	322.29	333.57	177.12	207.75
Shareholders' Equity	15,310	15,609	15,209	15,457	11,988	9,966
Total Liabilities & Equity	22,306	22,744	23,290	27,809	18,490	17,150
Total Debt	6,023	6,013	6,874	11,137	5,739	6,419
Net Cash (Debt)	-3,339	-3,154	-3,075	-3,018	-2,111	-2,940
Net Cash Per Share	-3.04	-2.87	-2.80	-2.74	-1.92	-2.67
Filing Date Shares Outstanding	1,100	1,100	1,100	1,100	1,100	1,100
Total Common Shares Outstanding	1,100	1,100	1,100	1,100	1,100	1,100
Working Capital	1,728	2,107	2,185	4,163	1,720	1,277
Book Value Per Share	13.68	13.96	13.53	13.75	10.74	8.87
Tangible Book Value	14,992	15,299	14,820	15,051	11,732	9,662
Tangible Book Value Per Share	13.63	13.91	13.47	13.68	10.67	8.78
Land	-	0.36	0.4	0.4	-	-
Machinery	-	1,311	1,621	1,579	37.09	44.12
Construction In Progress	-	187.5	66.41	46.56	-	2.58

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.