ADX:AWNIC 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	-	-	14.1	14.3	14.3
Investments in Equity & Preferred Securities	302.87	329.12	507.19	142.2	145.87
Other Investments	28.87	3.9	33.71	438.65	444.42
Total Investments	1,649	1,562	1,525	1,301	1,468
Cash & Equivalents	74.39	78.16	83.86	71.65	74.13
Reinsurance Recoverable	238.23	247.5	135.89	159.62	179.86
Other Receivables	5.64	4.53	3.24	5.8	61.04
Property, Plant & Equipment	2.25	2.53	3.39	3.57	4.05
Restricted Cash	6	6	6	12.49	36.01
Other Current Assets	71.27	3.07	2.44	23.84	15.37
Total Assets	2,046	1,904	1,760	1,578	1,839
Accounts Payable	5.52	22.04	5.28	11.54	23.96
Accrued Expenses	31.28	28.48	34.27	23.71	33.95
Insurance & Annuity Liabilities	195.38	129.5	94.38	77.82	47.44
Unpaid Claims	434.19	410.86	226.25	232.23	238.6
Unearned Premiums	-	-	-	-	139.52
Reinsurance Payable	-	1.26	35.44	41.59	-
Current Portion of Long-Term Debt	-	-	-	-	2.9
Long-Term Debt	127.96	105.7	88.54	208.94	352.48
Long-Term Deferred Tax Liabilities	7.5	2.69	-	-	-
Other Current Liabilities	-	-	-	-	6.23
Other Long-Term Liabilities	-	-	-	-	14.6
Total Liabilities	809.9	706.66	489.63	601.53	865.42
Common Stock	207	207	207	207	207
Retained Earnings	1,019	966.51	951.96	777.1	790.25
Comprehensive Income & Other	10.98	23.97	111.36	-8.1	-23.73
Total Common Equity	1,237	1,197	1,270	976	973.52
Shareholders' Equity	1,237	1,197	1,270	976	973.52
Total Liabilities & Equity	2,046	1,904	1,760	1,578	1,839
Filing Date Shares Outstanding	207	207	207	207	207
Total Common Shares Outstanding	207	207	207	207	207
Total Debt	127.96	105.7	88.54	208.94	355.38
Net Cash (Debt)	-53.57	-27.53	-4.68	-137.3	-281.25
Net Cash Per Share	-0.26	-0.13	-0.02	-0.66	-1.36
Book Value Per Share	5.97	5.78	6.14	4.71	4.70
Tangible Book Value	1,237	1,197	1,270	976	973.52
Tangible Book Value Per Share	5.97	5.78	6.14	4.71	4.70
Buildings	4.74	4.74	4.74	4.74	4.74
Machinery	11.77	10.65	10.25	8.76	15.35

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