Page 82 - JTC-Annual Report-2025-Eng
P. 82
JTC Logistics Transportation & Stevedoring Company K.S.C.P
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
As at December 31, 2025
(All amounts are in Kuwaiti Dinars)
Represented as:
2025 2024
Current portion:
Term loans 1,770,000 870,000
Murabaha payables - 500,000
1,770,000 1,370,000
Non-current portion:
Term loans 7,377,816 3,460,000
Murabaha payables - 4,480,030
7,377,816 7,940,030
9,147,816 9,310,030
10. ACCOUNTS PAYABLE AND OTHER CREDIT BALANCES
2025 2024
Trade payables 3,089,894 2,403,704
Accruals and provisions 3,440,470 3,184,042
Provision for legal case (Note 24) 514,991 514,991
Advance from customers 130,398 477,494
Dividend payables 9,599 8,927
KFAS payable (Note 20) 97,523 78,479
NLST - 287,650
Zakat - 132,709
Other payables 23,890 -
7,306,765 7,087,996
79 JTC LogisTiCs TransporTaTion & sTevedoring Company K.s.C.p.
