Salhia Real Estate Company K.S.C.P. (KWSE:SRE)

KWSE:SRE 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	10.3	7.84	6.19	5.39	4	3.9
Short-Term Investments	-	-	-	-	-	2.73
Cash & Short-Term Investments	10.3	7.84	6.19	5.39	4	6.63
Cash Growth	89.52%	26.52%	14.87%	34.70%	-39.63%	-54.50%
Accounts Receivable	8.9	2.28	1.99	1.45	1.56	1.44
Other Receivables	-	2.17	0.79	1.14	4.08	1.12
Receivables	8.9	4.45	2.78	2.59	5.64	2.56
Inventory	0.14	0.14	0.2	0.2	0.31	0.2
Other Current Assets	-	4.64	22.15	5.53	4.07	4.94
Total Current Assets	19.34	17.06	31.33	13.71	14.02	14.32
Property, Plant & Equipment	99.65	96.64	49.13	36.55	32.27	33.33
Long-Term Investments	6.79	6.74	16.67	19.42	16.41	17.17
Other Long-Term Assets	409.23	397.34	361	349.16	329.24	299.26
Total Assets	535.01	517.78	458.12	418.84	391.94	364.09
Accounts Payable	33.97	3.4	3.44	3.02	6	5.01
Accrued Expenses	-	7.59	3.18	2.93	2.94	2.36
Short-Term Debt	11.92	9.46	14.3	5.72	1.1	3.95
Current Portion of Long-Term Debt	7.64	25.99	35.77	29.77	19.09	9.1
Current Portion of Leases	-	-	-	0.21	0.65	0.65
Current Income Taxes Payable	-	0.13	0.17	0.15	-	-
Other Current Liabilities	-	9.06	16.97	20.75	14.59	11.98
Total Current Liabilities	53.53	55.63	73.82	62.56	44.36	33.04
Long-Term Debt	301.4	262.7	187.94	178.15	173.86	147.42
Long-Term Leases	-	-	-	-	0.63	1.94
Long-Term Unearned Revenue	-	1.01	1.65	1.62	1.69	5.95
Other Long-Term Liabilities	-	15.77	14.84	8.45	9.73	8.54
Total Liabilities	354.93	335.1	278.24	250.78	230.27	196.89
Common Stock	62.32	59.35	56.53	53.84	51.27	51.27
Additional Paid-In Capital	35.06	35.06	35.06	35.06	35.06	35.06
Retained Earnings	94.85	103.83	102.24	96.73	92.09	97.64
Treasury Stock	-7.68	-7.57	-8.09	-8.52	-7.47	-5
Comprehensive Income & Other	-4.81	-8.06	-6.03	-9.09	-9.34	-11.79
Total Common Equity	179.74	182.62	179.71	168.01	161.61	167.17
Minority Interest	0.35	0.06	0.17	0.05	0.06	0.02
Shareholders' Equity	180.08	182.68	179.88	168.07	161.68	167.2
Total Liabilities & Equity	535.01	517.78	458.12	418.84	391.94	364.09
Total Debt	320.96	298.15	238.01	213.84	195.33	163.05
Net Cash (Debt)	-310.67	-290.31	-231.82	-208.45	-191.32	-156.42
Net Cash Per Share	-0.52	-0.48	-0.38	-0.35	-0.32	-0.26
Filing Date Shares Outstanding	602.05	602.32	600.58	597.87	599.77	603.41
Total Common Shares Outstanding	602.05	602.32	600.58	597.87	599.77	603.41
Working Capital	-34.19	-38.57	-42.5	-48.84	-30.34	-18.72
Book Value Per Share	0.30	0.30	0.30	0.28	0.27	0.28
Tangible Book Value	179.74	182.62	179.71	168.01	161.61	167.17
Tangible Book Value Per Share	0.30	0.30	0.30	0.28	0.27	0.28
Land	-	10.51	7.95	6.26	6.26	6.26
Buildings	-	88.98	52.67	51.7	51.7	51.7
Machinery	-	45.89	40.54	40.21	39.71	39.45
Construction In Progress	-	23.58	16.77	6.06	0.95	0.21

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.