Financial Information

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

 

 

Period End Date Q1
31/03/2009
Q2
30/06/2009
Q3
30/09/2009
Annual
31/12/2009
Period Length 3 months 6 months 9 months 12 months
Downloadable Files - - - AR - EN
Currency KWD '000 KWD '000 KWD '000 KWD '000
 
Balance Sheet
ASSETS        
Cash - 661 412 806
Time Deposits - 3,750 2,853 500
Cash & Cash Equivalents - 4,411 3,265 1,306
Securities & Short-term Investments - 0 0 0
Accounts Receivables - 5,207 5,309 4,409
Provision for Doubtful Receivables - -163 -163 -163
Net Receivables - 5,044 5,146 4,246
Other receivables - 94 271 272
Current receivables - 5,137 5,417 4,518
Other Raw Materials - 341 267 224
Total Inventory - 341 267 224
Net Inventory - 341 267 224
Advance Payments to Suppliers - 133 0 0
Due from Sister Companies/Associates - 2,937 9 20
Loans to employees (under one year) - 33 42 36
Prepaid Expenses ST - 20 30 24
Other Current Assets - 0 0 0
Total Current Assets - 13,013 9,031 6,128
Furniture & Equipment - 0 0 942
Machinery - 1,345 1,263 2,016
Other Fixed Assets - 0 0 12
Accumulated Depreciation - 0 0 -1,783
Fixed Assets - 1,345 1,263 1,187
Investments in subsidiaries - 0 0 0
Total Long term Investments - 0 0 0
Goodwill - 39,361 37,590 37,542
License - 0 0 136
Intangibles - 39,361 37,590 37,542
Total Long Term Assets - 40,706 38,854 38,865
Total Assets - 53,719 47,884 44,993
         
LIABILITIES & SHAREHOLDERS EQUITY        
Current Portion of Long Term Debt - 0 0 0
Accounts Payable - 2,517 1,972 2,061
Accrued Expenses - 475 138 418
Down Payments - 639 493 1,170
Zakat Payable - 169 175 169
Due To Sister Companies - 13,637 12,329 12,284
Other Current Liabilities - 419 528 244
Total Current Liabilities - 17,855 15,634 16,346
Long Term Debt - 0 0 0
Total Long-term Liabilities - 0 0 0
Total Liabilities - 17,855 15,634 16,346
Tax Provision - 0 0 0
Deferred Income - 27,283 23,028 20,027
Provision for Employees' Termination Benefits - 1,053 1,084 1,103
Other Provisions - 145 145 145
Total Provisions - 28,480 24,257 21,274
Total Liabilities & Provisons - 46,335 39,891 37,621
Paid-up Capital - 8,304 8,304 8,304
Legal/Statutory Reserve - 0 0 0
General\Voluntary Reserve - 0 0 0
Retained Earnings/ Accumulated losses - -845 -236 -857
Treasury Stock - -75 -75 -75
Total Shareholders' Equity - 7,384 7,993 7,372
Total Liab. & Shareholders' Equity - 53,719 47,884 44,993
 
Income Statement
Gross Revenue - 8,240 13,124 16,174
Cost of Goods Sold - -1,803 -2,654 -3,602
Gross Margin - 6,437 10,470 12,572
S.G. & A. - -2,452 -3,219 -5,218
Amortization - -1,107 0 0
Depreciation Expense - 0 -3,550 -3,752
Other Operating Income/ Expenses - 109 -2 -321
Net Operating Profit - 2,987 3,699 3,281
Interest Expense - 0 -96 -305
Investment Income - -52 -52 -52
Total Investment Income - -52 -52 -52
Provisions - 0 0 0
Provisions for Doubtful Debts - 0 0 0
Net Profit Before Taxes/Zakat - 2,935 3,550 2,923
Tax / Zakat Provision - -31 -36 -31
Net Profit After Taxes or Zakat - 2,904 3,514 2,893
Unusual Items - 0 0 0
Net Profit After Unusual Items - 2,904 3,514 2,893
         
Earnings Per Share (units) - 0,034 0,041 0,034
 
Cash Flow Statement
OPERATING ACTIVITIES        
Net Income before Tax and Minority Interest - 2,904 3,514 2,893
Depreciation & Amortization - 1,107 3,550 3,752
Change In Operating Activities - -4,611 -1,190 694
Change in Provisions - 0 0 0
Cash Flows from Operating Activities - -600 5,874 7,338
         
INVESTING ACTIVITIES        
(Inc) dec in property & plant - -21 -36 -40
(Inc) dec in investments - 248 248 248
Other cash inflow (outflow) - 0 -3,353 -3,562
Cash Flows from Investing Activities - 227 -3,141 -3,354
         
FINANCING ACTIVITIES        
Dividend Paid during the year - 0 0 0
Increase/Decrease in Loans - 0 -4,351 -7,562
Issuances (purchases) of equity shares - 0 0 0
Cash Flows from Financing Activities - 0 -4,351 -7,562
         
Net change cash & cash equivalents - -373 -1,619 -3,578
Cash & cash equiv at start of period - 4,784 4,884 4,884
Cash & cash equiv at period end - 4,411 3,265 1,306