Independent Petroleum Group K.S.C.P. (KWSE:IPG)

KWSE:IPG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	90.62	97.79	79.3	108.51	69.42	44.05
Short-Term Investments	1.23	1.1	1.32	1.27	2.15	2.38
Cash & Short-Term Investments	91.85	98.9	80.61	109.78	71.57	46.42
Cash Growth	-14.30%	22.68%	-26.57%	53.39%	54.17%	95.63%
Accounts Receivable	40.79	151.58	177.49	64.61	98.78	56.91
Other Receivables	-	6.17	7.33	6.85	29.34	28.55
Receivables	52.88	170.41	198.36	92.02	128.98	91.3
Inventory	37.6	26.81	27.24	51.74	50.77	24.84
Prepaid Expenses	-	1.22	2.5	1.51	1.22	0.71
Other Current Assets	76.46	73.63	67.26	60.98	69.69	65.49
Total Current Assets	258.79	370.96	375.97	316.03	322.21	228.76
Property, Plant & Equipment	41.81	45.22	47.81	55.57	35.84	36.25
Long-Term Investments	71.84	69.99	65.15	62.56	61.06	60.9
Total Assets	376.96	490.72	493.47	439.04	423.88	330.71
Accounts Payable	103.65	95.02	111.6	55.92	104.03	52.77
Accrued Expenses	1.94	43.09	35.49	31.46	19.89	15.6
Short-Term Debt	-	-	-	-	-	140.81
Current Portion of Long-Term Debt	142.83	203.48	204.33	196.16	170.31	1.62
Current Portion of Leases	2.06	4.12	5	5.56	3.52	2.7
Current Income Taxes Payable	-	0.1	0.08	0.08	0.08	0.07
Other Current Liabilities	-	3.12	2.7	2.65	2.45	2.41
Total Current Liabilities	250.47	348.92	359.2	291.84	300.27	215.98
Long-Term Debt	-	12.22	12.15	24.87	19.47	10.79
Long-Term Leases	15.22	15.36	15.69	20.83	2.14	2.17
Total Liabilities	267.81	378.45	388.82	338.98	323.24	230.61
Common Stock	18.84	18.84	18.84	18.84	18.84	18.84
Additional Paid-In Capital	29.67	29.67	29.67	29.67	29.67	29.67
Retained Earnings	38.09	40.41	36.82	34.43	32.2	30.43
Treasury Stock	-2.77	-2.77	-2.77	-2.77	-2.77	-2.77
Comprehensive Income & Other	25.33	26.12	22.09	19.9	22.7	23.93
Shareholders' Equity	109.15	112.27	104.65	100.06	100.63	100.09
Total Liabilities & Equity	376.96	490.72	493.47	439.04	423.88	330.71
Total Debt	160.11	235.18	237.17	247.43	195.44	158.1
Net Cash (Debt)	-68.26	-136.28	-156.56	-137.65	-123.88	-111.67
Net Cash Per Share	-0.38	-0.75	-0.87	-0.76	-0.69	-0.62
Filing Date Shares Outstanding	180.79	180.79	180.79	180.79	180.79	180.79
Total Common Shares Outstanding	180.79	180.79	180.79	180.79	180.79	180.79
Working Capital	8.33	22.04	16.77	24.19	21.95	12.78
Book Value Per Share	0.60	0.62	0.58	0.55	0.56	0.55
Tangible Book Value	109.15	112.27	104.65	100.06	100.63	100.09
Tangible Book Value Per Share	0.60	0.62	0.58	0.55	0.56	0.55
Land	-	0.54	0.54	0.54	0.54	0.54
Buildings	-	3.22	3.27	3.27	1.69	1.69
Machinery	-	39.79	39.76	39.52	38.01	52.35
Construction In Progress	-	0.03	-	-	3.76	2.28
Leasehold Improvements	-	0.07	0.07	0.07	0.07	0.08

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.