Financial Information

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

 

 

Period End Date Q1
31/03/2012
Q2
30/06/2012
Q3
30/09/2012
Annual
31/12/2012
Period Length 3 months 6 months 9 months 12 months
Downloadable Files AR - EN AR - EN AR - EN AR - EN
Currency KWD '000 KWD '000 KWD '000 KWD '000
 
Balance Sheet
ASSETS        
Cash & Cash Equivalents 533 329 530 1,419
Accounts Receivables 5,290 5,076 5,495 5,283
Provision for Doubtful Receivables -2,253 -2,327 -2,363 -2,984
Net Receivables 3,037 2,749 3,133 2,299 
Total Inventory 173 197 283 221
Advance Payments to Suppliers 371 328 564 74
Due from Sister Companies/Associates 3 3 532 395
Loans to employees (under one year) 24 15 11 9
Prepaid Expenses ST 145 168 124 136
Other Current Assets 298 435 291 298
Total Current Assets 4,584 4,224 5,466 4,851
Fixed Assets 1,146 1,102 1,046 776
Goodwill 37,542 37,542 37,542 37,542
License 1,091 1,545 294 322
Intangibles 38,633 39,088 37,837 37,864
Total Long Term Assets 39,779 40,190 38,882 38,640
Total Assets 44,363 44,414 44,348 43,491
         
LIABILITIES & SHAREHOLDERS EQUITY        
Current Portion of Long Term Debt 2,000 2,000 2,000 2,000
Accounts Payable 1,359 1,296 1,116 1,087
Accrued Expenses 1,025 1,148 1,345 621
Down Payments 632 454 456 840
Due To Sister Companies 793 713 524 300
Other Current Liabilities 465 428 399 434
Total Current Liabilities 6,274 6,039 5,840 5,462
Total Long-term Liabilities 9,500 9,000 8,500 8,000
Total Liabilities 15,774 15,039 14,340 13,462
Tax Provision 182 115 144 180
Provision for Employees' Termination Benefits 1,242 1,256 1,270 1,305
Other Provisions 145 145 145 -
Total Provisions 1,569 1,516 1,559 1,485
Total Liabilities & Provisons 17,342 16,555 15,898 14,947
Paid-up Capital 23,304 23,304 23,304 23,304
Legal/Statutory Reserve 278 278 278 583
General\Voluntary Reserve 278 278 278 583
Retained Earnings/ Accumulated losses 3,237 4,074 4,666 4,328
Treasury Stock -75 -75 -75 -75
Total Shareholders' Equity 27,021 27,858 28,450 28,723 
Total Liab. & Shareholders' Equity 44,363 44,414 44,348 43,491
 
Income Statement
Gross Revenue 3,828 7,252 11,700 15,376
Cost of Goods Sold -655 -1,357 -1,927 -2,501
Gross Margin 3,173 5,895 9,773 12,875 
S.G. & A. -1,445 -2,869 -4,256 -5,797
Depreciation Expense -158 -284 -1,869 -1,968
Other Operating Income/ Expenses -34 -62 -126 -258
Impairment loss on property & Equipment - - - -253
Net Operating Profit 1,535 2,680 3,523 4,599
Interest Expense -201 -393 -579 -724
Provisions for Doubtful Debts -90 -164 -199 -820
Net Profit Before Taxes/Zakat 1,245 2,124 2,745 3,055
Tax / Zakat Provision -60 -102 -131 -168
Net Profit After Taxes or Zakat 1,184 2,022 2,613 2,887 
Net Profit After Unusual Items 1,184 2,022 2,613 2,887
         
Earnings Per Share (units) 0.005 0.009 0.011 0.013
 
Cash Flow Statement
OPERATING ACTIVITIES        
Net Income before Tax and Minority Interest 1,184 2,022 2,613 2,887
Depreciation & Amortization 158 284 1,869 1,968
Change In Operating Activities 123 110 -937 -283
Change in Provisions 90 164 199 820
Cash Flows from Operating Activities 1,556 2,580 3,745 5,392
         
INVESTING ACTIVITIES        
(Inc) dec in property & plant -27 -46 -55 -105
Other cash inflow (outflow) -707 -1,222 -1,492 -1,555
Cash Flows from Investing Activities -733 -1,269 -1,547 -1,660
         
FINANCING ACTIVITIES        
Increase/Decrease in Loans -701 -1,393 -2,079 -2,724
Cash Flows from Financing Activities -701 -1,393 -2,079 -2,724
Net change cash & cash equivalents 122 -82 119 1,008
Cash & cash equiv at start of period 411 411 411 411
Cash & cash equiv at period end 533 329 530 1,419