ADX:EIC 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	406.3	452.81	365.21	338.87	287.43	292.41
Investments in Equity & Preferred Securities	-	529.54	504.21	565.79	541.84	521.23
Other Investments	951.4	330.11	258.29	380.31	684.01	248.97
Total Investments	1,743	1,681	1,466	1,598	1,517	1,478
Cash & Equivalents	194.44	265.46	276.57	126.28	127.75	180.08
Reinsurance Recoverable	843.26	866.16	1,131	626.57	457.79	991.25
Other Receivables	43.75	9.9	25.33	15.51	14.72	230.83
Deferred Policy Acquisition Cost	-	-	-	-	-	53.38
Property, Plant & Equipment	14.99	15.81	11.02	9.26	11.06	11.8
Restricted Cash	10	10	10	10	10	10
Other Current Assets	-	13.31	15.75	14.4	15.29	11.34
Total Assets	2,849	2,861	2,936	2,400	2,154	2,966
Accrued Expenses	-	-	-	-	22.88	119.32
Insurance & Annuity Liabilities	1,346	1,367	1,448	990.67	922.46	149.12
Unpaid Claims	-	-	-	-	-	956.19
Unearned Premiums	-	-	-	-	-	471.75
Reinsurance Payable	19.52	15.07	18.95	16.15	41.82	35.21
Current Income Taxes Payable	-	12.44	7.97	-	-	-
Long-Term Deferred Tax Liabilities	-	0.15	0.07	-	-	-
Other Current Liabilities	-	-	-	-	-	3.86
Other Long-Term Liabilities	77.48	66.09	90.69	92.54	-	-
Total Liabilities	1,468	1,485	1,589	1,121	1,006	1,793
Common Stock	150	150	150	150	150	150
Retained Earnings	991.85	934.66	957.34	876.94	784.75	795.52
Comprehensive Income & Other	239.45	292.05	239.94	252.08	212.8	227.24
Shareholders' Equity	1,381	1,377	1,347	1,279	1,148	1,173
Total Liabilities & Equity	2,849	2,861	2,936	2,400	2,154	2,966
Filing Date Shares Outstanding	147.46	150	150	150	150	150
Total Common Shares Outstanding	147.46	150	150	150	150	150
Net Cash (Debt)	194.44	265.46	276.57	126.28	127.75	180.08
Net Cash Growth	-36.22%	-4.02%	119.02%	-1.15%	-29.06%	28.69%
Net Cash Per Share	1.30	1.77	1.84	0.84	0.85	1.20
Book Value Per Share	9.37	9.18	8.98	8.53	7.65	7.82
Tangible Book Value	1,381	1,377	1,347	1,279	1,148	1,173
Tangible Book Value Per Share	9.37	9.18	8.98	8.53	7.65	7.82
Buildings	-	25.68	26.35	26.29	26.29	26.08
Machinery	-	34.1	28.31	26.64	30.54	27.98
Construction In Progress	-	4.92	3.51	0.37	1.04	0.92

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