Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC)

ADX:ABNIC Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	59.44	56.41	59.57	58.26	26.85	20.71
Other Investments	-	40	42.81	128.47	191.75	185.92
Total Investments	908.5	945.47	950.22	1,029	1,055	1,064
Cash & Equivalents	79.67	106.75	72.95	42.34	39.05	36.22
Reinsurance Recoverable	267.64	522.19	422.2	466.91	487.23	470.94
Other Receivables	30.65	27.09	37.77	25.92	244.42	224.74
Property, Plant & Equipment	13.92	11.18	13.87	15.76	10.78	9.5
Other Current Assets	24.07	293.08	212.87	151.15	118.01	105.3
Other Long-Term Assets	332.53	10	10	10	10	10
Total Assets	1,659	1,916	1,720	1,741	1,965	1,921
Accrued Expenses	-	35.99	34.17	30.9	32.86	43.23
Insurance & Annuity Liabilities	840.1	730.99	537.68	528.3	37.86	33.82
Unpaid Claims	-	-	-	-	461.45	393.34
Unearned Premiums	-	-	-	-	185.59	188.22
Reinsurance Payable	23.56	322.92	308.78	274.01	262	260.87
Current Portion of Long-Term Debt	13.73	87.93	60.87	105.87	71.89	58
Current Portion of Leases	3.05	2.07	4.44	4.3	1.6	3.11
Short-Term Debt	119.22	125.48	120.23	96.93	60.57	35.31
Long-Term Debt	50	86.67	97.88	18.33	124.2	187.97
Long-Term Leases	3.39	1.16	2.44	4.98	3.64	1.13
Total Liabilities	1,173	1,459	1,223	1,113	1,284	1,246
Common Stock	250	250	250	250	250	250
Retained Earnings	252.19	225.31	262.24	394.73	446.26	446.23
Comprehensive Income & Other	-16.1	-18.84	-15.69	-16.66	-15.35	-21.5
Shareholders' Equity	486.09	456.47	496.55	628.06	680.91	674.73
Total Liabilities & Equity	1,659	1,916	1,720	1,741	1,965	1,921
Filing Date Shares Outstanding	250	250	250	250	250	250
Total Common Shares Outstanding	250	250	250	250	250	250
Total Debt	189.39	303.31	285.86	230.41	261.9	285.53
Net Cash (Debt)	-109.72	-196.56	-212.91	-188.07	-222.84	-249.32
Net Cash Per Share	-0.44	-0.79	-0.85	-0.75	-0.89	-1.00
Book Value Per Share	1.94	1.83	1.99	2.51	2.72	2.70
Tangible Book Value	486.09	456.47	496.55	628.06	680.91	674.73
Tangible Book Value Per Share	1.94	1.83	1.99	2.51	2.72	2.70
Land	-	0.65	0.65	0.65	0.65	0.65
Buildings	-	1.06	1.06	1.06	1.06	1.06
Machinery	-	28.69	27.32	26.32	25.29	24.69

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.