ADX:EIC 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	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	330.11	258.29	380.31	684.01	248.97
Total Investments	1,681	1,466	1,598	1,517	1,478
Cash & Equivalents	265.46	276.57	126.28	127.75	180.08
Reinsurance Recoverable	866.16	1,131	626.57	457.79	991.25
Other Receivables	9.9	25.33	15.51	14.72	230.83
Deferred Policy Acquisition Cost	-	-	-	-	53.38
Property, Plant & Equipment	15.81	11.02	9.26	11.06	11.8
Restricted Cash	10	10	10	10	10
Other Current Assets	13.31	15.75	14.4	15.29	11.34
Total Assets	2,861	2,936	2,400	2,154	2,966
Accrued Expenses	-	-	-	22.88	119.32
Insurance & Annuity Liabilities	1,367	1,448	990.67	922.46	149.12
Unpaid Claims	-	-	-	-	956.19
Unearned Premiums	-	-	-	-	471.75
Reinsurance Payable	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	66.09	90.69	92.54	-	-
Total Liabilities	1,485	1,589	1,121	1,006	1,793
Common Stock	150	150	150	150	150
Retained Earnings	934.66	957.34	876.94	784.75	795.52
Comprehensive Income & Other	292.05	239.94	252.08	212.8	227.24
Shareholders' Equity	1,377	1,347	1,279	1,148	1,173
Total Liabilities & Equity	2,861	2,936	2,400	2,154	2,966
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Net Cash (Debt)	265.46	276.57	126.28	127.75	180.08
Net Cash Growth	-4.02%	119.02%	-1.15%	-29.06%	28.69%
Net Cash Per Share	1.77	1.84	0.84	0.85	1.20
Book Value Per Share	9.18	8.98	8.53	7.65	7.82
Tangible Book Value	1,377	1,347	1,279	1,148	1,173
Tangible Book Value Per Share	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.