Investor Relations

Financial Information

2017 - 2016 - 2015 - 2014 - 2013 - 2012 - 2011 - 2010 - 2009

 

 

Period End Date Q1
31/03/2017
Q2
30/06/2017
Q3
30/09/2017
Annual
31/12/2017
Period Length 3 months 6 months 9 months 12 months
Downloadable Files AR - EN AR - EN AR - EN -
Currency KWD '000 KWD '000 KWD '000 KWD '000
 
Balance Sheet
ASSETS        
Cash & Cash Equivalents 5,666 888 1,216 -
Accounts Receivables 5,057 6,448 5,362 -
Provision for Doubtful Receivables -2,878 -2,875 -2,875 -
Net Receivables 2,179 3,573 2,487 -
Net Inventory 241 199 198 -
Advance Payments to Suppliers - - - -
Due from Sister Companies/Associates 681 327 812 -
Loans to employees (under one year) 83 62 42 -
Prepaid Expenses ST 349 429 325 -
Other Current Assets 403 363 416 -
Total Current Assets 9,603 5,842 5,496 -
Fixed Assets 4,718 4,735 4,826 -
Goodwill 37,542 37,542 37,542 -
License - - - -
Intangibles 37,542 37,542 37,542 -
Total Long Term Assets 42,260 42,277 42,368 -
Total Assets 51,863 48,119 47,864 -
         
LIABILITIES & SHAREHOLDERS EQUITY        
Current Portion of Long Term Debt 3,000 2,500 2,500 -
Accounts Payable 735 913 949 -
Accrued Expenses 683 521 694 -
Down Payments 664 681 493 -
Due To Sister Companies 273 386 418 -
Dividends Payable 160 328 281 -
Other Current Liabilities 538 520 481 -
Total Current Liabilities 6,053 5,849 5,815 -
Long-term Debt - - - -
Total Long-term Liabilities - - - -
Total Liabilities 6,053 5,849 5,815 -
Tax Provision 209 114 67 -
Provision for Employees' Termination Benefits 1,733 1,731 1,700 -
Total Provisions 1,942 1,844 1,767 -
Total Liabilities & Provisons 7,995 7,694 7,583 -
Paid-up Capital 23,304 23,304 23,304 -
Legal/Statutory Reserve 2,788 2,788 2,788 -
General\Voluntary Reserve 2,788 2,788 2,788 -
Retained Earnings/ Accumulated losses 15,063 11,621 11,477 -
Treasury Stock -75 -75 -75 -
Total Shareholders' Equity 43,868 40,425 40,282 -
Total Liab. & Shareholders' Equity 51,863 48,119 47,864 -
 
Income Statement
Gross Revenue 3,312 8,010 10,343 -
Cost of Goods Sold -459 -904 -1,232 -
Gross Margin 2,854 7,106 9,111 -
S.G. & A. -2,074 -4,804 -6,664 -
Depreciation & Amortization -50 -100 -149 -
Other Operating Income/ Expenses -226 -424 -645 -
Net Operating Profit 504 1,778 1,652 -
Interest Expense -33 -63 -88 -
Provisions for Doubtful Debts - -3 -3 -
Net Profit Before Taxes/Zakat 471 1,713 1,562 -
Tax / Zakat Provision -21 -75 -67 -
Net Profit After Taxes or Zakat 450 1,638 1,494 -
Profit/Loss the year from Discontinued operation - - - -
Net Profit After Unusual Items 450 1,638 1,494 -
 
Cash Flow Statement
OPERATING ACTIVITIES        
Net Income 450 1,638 1,494 -
Depreciation & Amortization 50 100 149 -
Change In Operating Activities -620 -1,413 -826  
Change in Provisions - 3 3 -
Cash Flows from Operating Activities -120 327 820 -
         
INVESTING ACTIVITIES        
(Inc) dec in property & plant -42 -109 -249 -
Other cash inflow (outflow) 8 10 10 -
Cash Flows from Investing Activities -34 -98 -239 -
         
FINANCING ACTIVITIES        
Increase/Decrease in Loans -533 -1,063 -1,088 -
Payment of Dividend - -4,631 -4,631 -
Cash Flows from Financing Activities -533 -5,693 -5,719 -
Net change cash & cash equivalents -687 -5,465 -5,137 -
Cash & cash equiv at start of period 6,353 6,353 6,353 -
Cash & cash equiv at period end 5,666 888 1,216 -