ADX:AFNIC Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-	190.5	70.36	-	4.97	5.49
Investments in Equity & Preferred Securities	-	-	-	-	201.14	187.59
Other Investments	568.59	374.33	245.32	328.49	93.18	129.16
Total Investments	646.81	731.36	465.54	460.67	395.41	427.49
Cash & Equivalents	29.61	75.99	124.9	40.14	38.6	37.79
Reinsurance Recoverable	109.72	96.94	165.05	106.06	74.3	70.26
Other Receivables	20.33	11.96	12.57	9.08	19.41	31.93
Property, Plant & Equipment	22.17	27.47	38.01	28.44	30.6	47.24
Restricted Cash	10	10	10	10	10	10
Other Current Assets	-	6.59	5.14	9.45	10.09	21.03
Long-Term Deferred Tax Assets	1.39	0.09	2.04	-	-	-
Other Long-Term Assets	161.71	12.56	12.32	7	7	2
Total Assets	1,004	972.96	835.57	670.83	585.42	647.75
Accounts Payable	-	-	-	-	-	13.03
Accrued Expenses	-	-	-	-	-	6.18
Insurance & Annuity Liabilities	516.19	263.79	247.94	147.37	244.28	25.9
Unpaid Claims	-	240.07	221.42	179.98	-	95.29
Unearned Premiums	-	-	-	-	-	105.96
Reinsurance Payable	-	-	-	-	-	14.03
Current Portion of Leases	-	10.72	13.02	-	-	-
Current Income Taxes Payable	9.55	6.78	1.62	-	-	-
Long-Term Debt	-	-	-	-	-	3.47
Long-Term Leases	10.2	0.85	9	10.89	11.87	22.52
Other Current Liabilities	-	25.7	20.98	15.45	-	-
Other Long-Term Liabilities	27.29	-	-	-	17.08	4.7
Total Liabilities	582.85	567.16	531.7	369.27	293.49	308.37
Common Stock	133.1	133.1	133.1	133.1	133.1	133.1
Retained Earnings	175.19	165.63	88.52	63.92	68.99	104.48
Comprehensive Income & Other	112.52	107.08	82.24	104.55	89.84	101.8
Shareholders' Equity	420.81	405.8	303.86	301.57	291.92	339.38
Total Liabilities & Equity	1,004	972.96	835.57	670.83	585.42	647.75
Filing Date Shares Outstanding	1.33	1.33	1.33	1.33	1.33	1.33
Total Common Shares Outstanding	1.33	1.33	1.33	1.33	1.33	1.33
Total Debt	10.2	11.57	22.02	10.89	11.87	25.99
Net Cash (Debt)	19.4	64.43	102.88	29.25	26.73	11.8
Net Cash Growth	-80.33%	-37.38%	251.77%	9.43%	126.42%	-10.38%
Net Cash Per Share	14.58	48.40	77.30	21.97	20.08	8.87
Book Value Per Share	316.23	304.89	228.30	226.57	219.33	254.98
Tangible Book Value	418.88	405.8	303.86	301.57	291.92	339.38
Tangible Book Value Per Share	314.78	304.89	228.30	226.57	219.33	254.98
Machinery	-	47.55	44.04	42.89	41.77	37.93
Construction In Progress	-	0.69	2.37	2.17	2.05	4.93

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