Abu Dhabi National Insurance Company PJSC (ADX:ADNIC)

FARO Technologies 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,913	1,956	1,146	961.66	759.33	850.95
Other Investments	1,849	2,485	1,651	1,873	2,109	1,557
Total Investments	5,213	5,507	3,816	3,915	3,910	3,451
Cash & Equivalents	607.58	358.3	1,036	692.58	778.55	595.3
Reinsurance Recoverable	4,963	5,416	2,729	1,663	2,700	3,005
Other Receivables	221.83	198.98	39.59	31.42	1,024	1,115
Deferred Policy Acquisition Cost	-	-	-	-	93.76	77.87
Property, Plant & Equipment	74.79	76.76	77.6	82.75	83.37	70.19
Goodwill	88.38	88.38	-	-	-	-
Restricted Cash	68.8	68.8	10	10	10	10
Other Current Assets	110.82	90.69	8.9	7.65	6.1	5.02
Long-Term Deferred Tax Assets	0.23	0.23	-	-	-	-
Total Assets	11,348	11,805	7,716	6,403	8,606	8,330
Accounts Payable	-	-	-	-	1,250	1,146
Accrued Expenses	-	171.04	81.07	84.93	74.06	61.68
Insurance & Annuity Liabilities	7,319	7,835	4,634	3,429	232.92	-
Unpaid Claims	-	-	-	-	2,751	2,880
Unearned Premiums	-	-	-	-	1,316	1,573
Reinsurance Payable	104.42	129.24	4.4	23.82	-	-
Short-Term Debt	200	-	-	44.4	56.39	-
Other Current Liabilities	-	97.67	49.01	62.14	-	-
Other Long-Term Liabilities	305.54	-	-	-	64.87	129.8
Total Liabilities	7,968	8,286	4,797	3,674	5,775	5,823
Common Stock	570	570	570	570	570	570
Additional Paid-In Capital	110.93	110.93	110.93	110.93	110.93	110.93
Retained Earnings	2,299	2,444	2,300	2,113	1,929	1,658
Treasury Stock	-2.49	-2.58	-	-	-	-
Comprehensive Income & Other	9.18	6.98	-61.89	-65.4	221.78	168.57
Total Common Equity	2,987	3,130	2,919	2,728	2,831	2,507
Minority Interest	393.39	389.25	-	-	-	-
Shareholders' Equity	3,380	3,519	2,919	2,728	2,831	2,507
Total Liabilities & Equity	11,348	11,805	7,716	6,403	8,606	8,330
Filing Date Shares Outstanding	570	570	570	570	570	570
Total Common Shares Outstanding	570	570	570	570	570	570
Total Debt	200	-	-	44.4	56.39	-
Net Cash (Debt)	407.58	358.3	1,036	648.18	722.16	595.3
Net Cash Growth	-57.12%	-65.40%	59.77%	-10.24%	21.31%	-23.88%
Net Cash Per Share	0.72	0.63	1.82	1.14	1.27	1.04
Book Value Per Share	5.24	5.49	5.12	4.79	4.97	4.40
Tangible Book Value	2,898	3,041	2,919	2,728	2,831	2,507
Tangible Book Value Per Share	5.08	5.34	5.12	4.79	4.97	4.40
Buildings	-	33.65	31.61	31.61	31.61	27.94
Machinery	-	261.72	203.69	191.71	178.78	158.05
Construction In Progress	-	16.7	20.21	16.33	10.64	4.74

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.