ADX:EIC Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	392.7	365.21	338.87	287.43	292.41	320.51
Investments in Equity & Preferred Securities	508.23	504.21	565.79	541.84	521.23	441.76
Other Investments	395.1	258.29	380.31	684.01	248.97	272.96
Total Investments	1,607	1,466	1,598	1,517	1,478	1,401
Cash & Equivalents	242.73	276.57	126.28	127.75	180.08	139.93
Reinsurance Recoverable	910.96	1,131	626.57	457.79	991.25	1,265
Other Receivables	25.68	25.33	15.51	14.72	230.83	220.38
Deferred Policy Acquisition Cost	-	-	-	-	53.38	49.72
Property, Plant & Equipment	11.57	11.02	9.26	11.06	11.8	15.21
Restricted Cash	10	10	10	10	10	10
Other Current Assets	-	15.75	14.4	15.29	11.34	17.71
Total Assets	2,808	2,936	2,400	2,154	2,966	3,119
Accrued Expenses	-	-	-	22.88	119.32	62.21
Insurance & Annuity Liabilities	1,373	1,448	990.67	922.46	149.12	137.68
Unpaid Claims	-	-	-	-	956.19	1,337
Unearned Premiums	-	-	-	-	471.75	423.82
Reinsurance Payable	28.8	18.95	16.15	41.82	35.21	28.84
Other Current Liabilities	-	-	-	-	3.86	3.86
Other Long-Term Liabilities	51.2	98.74	92.54	-	-	-
Total Liabilities	1,487	1,589	1,121	1,006	1,793	2,042
Common Stock	150	150	150	150	150	150
Retained Earnings	897.38	957.34	876.94	784.75	795.52	791.09
Comprehensive Income & Other	273.84	239.94	252.08	212.8	227.24	135.63
Shareholders' Equity	1,321	1,347	1,279	1,148	1,173	1,077
Total Liabilities & Equity	2,808	2,936	2,400	2,154	2,966	3,119
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Net Cash (Debt)	242.73	276.57	126.28	127.75	180.08	139.93
Net Cash Growth	32.68%	119.02%	-1.15%	-29.06%	28.69%	19.81%
Net Cash Per Share	1.62	1.84	0.84	0.85	1.20	0.93
Book Value Per Share	8.81	8.98	8.53	7.65	7.82	7.18
Tangible Book Value	1,321	1,347	1,279	1,148	1,173	1,077
Tangible Book Value Per Share	8.81	8.98	8.53	7.65	7.82	7.18
Buildings	-	26.35	26.29	26.29	26.08	26.04
Machinery	-	28.31	26.64	30.54	27.98	26.55
Construction In Progress	-	3.51	0.37	1.04	0.92	1.17

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.