ADX:ADNIC 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 Debt Securities	1,841	1,956	1,146	961.66	759.33
Other Investments	2,823	2,485	1,651	1,873	2,109
Total Investments	5,689	5,507	3,816	3,915	3,910
Cash & Equivalents	652.95	358.3	1,036	692.58	778.55
Reinsurance Recoverable	3,551	5,416	2,729	1,663	2,700
Other Receivables	150.74	198.98	39.59	31.42	1,024
Deferred Policy Acquisition Cost	-	-	-	-	93.76
Property, Plant & Equipment	79.62	76.76	77.6	82.75	83.37
Goodwill	143.76	88.38	-	-	-
Restricted Cash	68.8	68.8	10	10	10
Other Current Assets	105.43	90.69	8.9	7.65	6.1
Long-Term Deferred Tax Assets	0.23	0.23	-	-	-
Total Assets	10,442	11,805	7,716	6,403	8,606
Accounts Payable	-	-	-	-	1,250
Accrued Expenses	186.19	171.04	81.07	84.93	74.06
Insurance & Annuity Liabilities	6,224	7,835	4,634	3,429	232.92
Unpaid Claims	-	-	-	-	2,751
Unearned Premiums	-	-	-	-	1,316
Reinsurance Payable	128.1	129.24	4.4	23.82	-
Short-Term Debt	-	-	-	44.4	56.39
Current Income Taxes Payable	76.02	62.16	-	-	-
Other Current Liabilities	44.55	35.51	49.01	62.14	-
Other Long-Term Liabilities	-	-	-	-	64.87
Total Liabilities	6,704	8,286	4,797	3,674	5,775
Common Stock	570	570	570	570	570
Additional Paid-In Capital	110.93	110.93	110.93	110.93	110.93
Retained Earnings	2,655	2,444	2,300	2,113	1,929
Treasury Stock	-2.21	-2.58	-	-	-
Comprehensive Income & Other	55.45	6.98	-61.89	-65.4	221.78
Total Common Equity	3,389	3,130	2,919	2,728	2,831
Minority Interest	348.86	389.25	-	-	-
Shareholders' Equity	3,738	3,519	2,919	2,728	2,831
Total Liabilities & Equity	10,442	11,805	7,716	6,403	8,606
Filing Date Shares Outstanding	570	570	570	570	570
Total Common Shares Outstanding	570	570	570	570	570
Total Debt	-	-	-	44.4	56.39
Net Cash (Debt)	652.95	358.3	1,036	648.18	722.16
Net Cash Growth	82.23%	-65.40%	59.77%	-10.24%	21.31%
Net Cash Per Share	1.15	0.63	1.82	1.14	1.27
Book Value Per Share	5.95	5.49	5.12	4.79	4.97
Tangible Book Value	3,245	3,041	2,919	2,728	2,831
Tangible Book Value Per Share	5.69	5.34	5.12	4.79	4.97
Buildings	31.15	31.61	31.61	31.61	31.61
Machinery	273.36	263.76	203.69	191.71	178.78
Construction In Progress	20.37	16.7	20.21	16.33	10.64

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.