Investor Relations

2017

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