Saudi Electricity Company (TADAWUL: 5110)

Saudi Electricity Company Balance Sheet

Financials in millions SAR. 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	2,590	621.55	3,163	6,243	4,539	1,918
Accounts Receivable	30,023	23,721	24,896	20,779	34,969	44,884
Other Receivables	-	1,839	905.54	1,652	687.01	1,520
Inventory	4,902	3,609	3,378	3,322	4,937	5,056
Prepaid Expenses	3,348	9.05	15.33	34.73	32.47	21.33
Loans Receivable Current	13,124	446.86	346.7	299.12	284.12	-
Other Current Assets	-	3,353	2,584	1,030	339.2	448.95
Total Current Assets	53,987	33,599	35,288	33,359	45,788	53,848
Property, Plant & Equipment	486,109	461,322	438,173	438,795	436,891	423,214
Other Intangible Assets	227.13	288.88	353.12	408.98	469.57	502.6
Long-Term Investments	5,097	5,117	5,221	1,854	1,849	1,791
Long-Term Deferred Tax Assets	-	-	-	-	-	17.82
Other Long-Term Assets	462.76	462.37	446.46	464.82	452.65	455.77
Total Assets	545,882	500,789	479,482	474,883	485,450	479,830
Accounts Payable	4,600	4,115	3,189	2,988	14,146	22,425
Accrued Expenses	18,880	16,184	14,511	18,397	25,820	104,780
Short-Term Debt	17,259	8,916	9,412	3,035	7,516	11,566
Current Portion of Long-Term Debt	5,505	16,033	9,625	21,338	6,025	8,674
Current Unearned Revenue	8,113	6,829	6,293	14,196	14,735	14,674
Current Portion of Leases	120.69	77.26	19.57	12.65	56.09	143.82
Current Income Taxes Payable	-	350.33	473.3	-	-	-
Other Current Liabilities	6,482	4,973	3,807	4,545	2,832	2,766
Total Current Liabilities	60,959	57,478	47,329	64,512	71,130	165,030
Long-Term Debt	119,987	85,178	80,897	85,103	101,244	140,035
Long-Term Leases	263.82	286.96	60.65	56.41	62.07	104.66
Long-Term Unearned Revenue	94,571	92,247	85,840	65,380	57,709	93,816
Pension & Post-Retirement Benefits	9,455	9,281	8,304	7,938	7,260	6,580
Long-Term Deferred Tax Liabilities	-	-	-	-	-	426.76
Other Long-Term Liabilities	-	-	-	269.64	270.43	268.26
Total Liabilities	285,237	244,471	222,431	223,259	237,675	406,260
Common Stock	41,666	41,666	41,666	41,666	41,666	41,666
Retained Earnings	48,402	45,761	46,090	41,816	38,003	31,936
Comprehensive Income & Other	170,577	168,891	169,295	168,142	168,105	-32.56
Shareholders' Equity	260,645	256,318	257,051	251,624	247,775	73,570
Total Liabilities & Equity	545,882	500,789	479,482	474,883	485,450	479,830
Total Debt	143,135	110,491	100,014	109,545	114,903	160,524
Net Cash (Debt)	-140,545	-109,870	-96,851	-103,301	-110,364	-158,605
Net Cash Per Share	-33.73	-26.37	-23.24	-24.79	-26.49	-38.07
Filing Date Shares Outstanding	4,167	4,167	4,167	4,167	4,167	4,167
Total Common Shares Outstanding	4,167	4,167	4,167	4,167	4,167	4,167
Working Capital	-6,972	-23,879	-12,041	-31,152	-25,342	-111,181
Book Value Per Share	22.25	21.22	21.39	20.09	19.17	17.66
Tangible Book Value	260,418	256,029	256,698	251,215	247,305	73,067
Tangible Book Value Per Share	22.20	21.15	21.31	19.99	19.05	17.54
Land	-	6,683	6,262	6,016	5,287	4,955
Buildings	-	65,808	68,814	64,861	61,320	51,995
Machinery	-	182,967	188,345	196,837	188,978	191,580
Construction In Progress	-	67,683	43,270	47,840	64,179	55,838

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