ADX:ABNIC Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Equity & Preferred Securities	70.12	56.41	59.57	58.26	26.85
Other Investments	134.89	40	42.81	128.47	191.75
Total Investments	999.56	945.47	950.22	1,029	1,055
Cash & Equivalents	107.57	106.75	72.95	42.34	39.05
Reinsurance Recoverable	134.65	173.04	422.2	466.91	487.23
Other Receivables	31.14	27.09	37.77	25.92	244.42
Property, Plant & Equipment	8.14	11.18	13.87	15.76	10.78
Other Current Assets	13.35	16.63	13.99	151.15	118.01
Long-Term Deferred Tax Assets	4.91	-	-	-	-
Other Long-Term Assets	265.03	286.45	208.88	10	10
Total Assets	1,564	1,567	1,720	1,741	1,965
Accrued Expenses	34.11	37.24	34.17	30.9	32.86
Insurance & Annuity Liabilities	793.91	695.19	537.68	528.3	37.86
Unpaid Claims	-	-	-	-	461.45
Unearned Premiums	-	-	-	-	185.59
Reinsurance Payable	63.08	-	308.78	274.01	262
Current Portion of Long-Term Debt	50	87.93	60.87	105.87	71.89
Current Portion of Leases	0.76	2.07	4.44	4.3	1.6
Short-Term Debt	65.29	125.48	120.23	96.93	60.57
Current Income Taxes Payable	1.83	-	-	-	-
Long-Term Debt	-	86.67	97.88	18.33	124.2
Long-Term Leases	0.4	1.16	2.44	4.98	3.64
Long-Term Deferred Tax Liabilities	1.21	-	-	-	-
Total Liabilities	1,082	1,102	1,223	1,113	1,284
Common Stock	250	250	250	250	250
Retained Earnings	239.31	233.64	262.24	394.73	446.26
Comprehensive Income & Other	-6.62	-18.84	-15.69	-16.66	-15.35
Shareholders' Equity	482.7	464.8	496.55	628.06	680.91
Total Liabilities & Equity	1,564	1,567	1,720	1,741	1,965
Filing Date Shares Outstanding	250	250	250	250	250
Total Common Shares Outstanding	250	250	250	250	250
Total Debt	116.45	303.31	285.86	230.41	261.9
Net Cash (Debt)	-8.88	-196.56	-212.91	-188.07	-222.84
Net Cash Per Share	-0.04	-0.79	-0.85	-0.75	-0.89
Book Value Per Share	1.93	1.86	1.99	2.51	2.72
Tangible Book Value	482.7	464.8	496.55	628.06	680.91
Tangible Book Value Per Share	1.93	1.86	1.99	2.51	2.72
Land	0.65	0.65	0.65	0.65	0.65
Buildings	8.21	8.21	1.06	1.06	1.06
Machinery	19.15	21.54	27.32	26.32	25.29

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.