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it's about (PCEM) KUWAIT PORTLAND CEMENT COMPANY a) What is the company's industry? b) Name at least two competitors for the company. c) How much
it's about (PCEM) KUWAIT PORTLAND CEMENT COMPANY
a) What is the company's industry? b) Name at least two competitors for the company. c) How much was the cash account balance at December 31, 2019? d) mention the biggest asset with its amount for the company at December 31, 2019. Kuwait Portland Cement Co. K.P.S.C. And its subsidiary State of Kuwait Consolidated Statement of Financial Position As at 31 December 2019 Notes 2019 KD 2018 KD Assets Non-current assets Property, plant and equipment Financial assets at fair value through other comprehensive income 5 4.880,013 6,103,293 6 24,631,232 29,511.245 16,036,084 22,139,377 7 8 Current assets Trade and other receivables Inventories Financial assets at fair value through statement of income Cash and cash equivalents 27,646,371 6,117,941 26,585,758 9,877,309 10 25.245,589 3.934,984 62,944,885 92.456,130 21.690,756 11.345,017 69.498,840 91.638,217 Total assets 11 Equity and liabilities Equity Share capital Statutory reserve Voluntary reserve General reserve Treasury shares reserve Change in fair value reserve Retained earnings Total equity 13 10.022.196 10.022,196 10.022,196 2.500.000 544.943 15,867,343 25,658,849 74,637.723 10,022.196 10.022.196 10.022.196 2.500.000 $44.943 7.281,074 28,092,466 68,485,071 Non-current liabilities Other provisions Provision for employees' end of service indemnity 15 1.617,192 4,746,456 6.363,648 2.144.449 4.376,397 6.520.846 Current liabilities Trade and other payables Dividends payable 16 10,829.842 624,917 11.454,759 17,818,407 92.456,130 16,183,706 448,594 16,632,300 23.153,146 91.638,217 Total liabilities Total equity and liabilities The accompanying notes on pages 9 to 39 form an integral part of these consolidated fingncial statements. Ali A. Alomar Chairman Khalifa Hamoud Al Ghanim CEO ayd Board Member AT PO KPCC OCEVE
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