United Fidelity Insurance Company (P.S.C.) (ADX:FIDELITYUNITED)

ADX:FIDELITYUNITED Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	96.94	126.97	113.58	122.13	99.9	56.81
Other Investments	3	13	13	23	32	56
Total Investments	286.99	341.05	329.21	295.21	243.41	207.19
Cash & Equivalents	80.83	8.97	63.23	35.74	39	36.62
Reinsurance Recoverable	358.47	450.86	212.8	150.47	12.66	6.98
Other Receivables	1.59	6.16	4.65	4.19	222.41	209.41
Deferred Policy Acquisition Cost	-	-	-	-	28.85	32.73
Property, Plant & Equipment	9.16	9.61	11.77	22.96	10.64	10.62
Restricted Cash	10	10	10	10	10	6
Other Current Assets	6.88	2.04	2.02	2.1	1.74	2.87
Long-Term Deferred Tax Assets	8.02	7.41	-	-	-	-
Total Assets	761.94	836.12	633.67	520.67	568.72	512.42
Accrued Expenses	20.55	11.54	12.06	8.78	8.86	10.75
Insurance & Annuity Liabilities	605	695.53	465.5	340.61	143.97	120.82
Unpaid Claims	-	-	-	-	136.76	127.27
Unearned Premiums	-	-	-	-	168.18	170.01
Reinsurance Payable	-	3.81	5.44	7.5	-	-
Current Portion of Leases	-	1.36	1.6	3.99	0.94	0.76
Short-Term Debt	40	20	-	-	-	-
Long-Term Leases	3.96	4.28	5.59	13.57	5.67	5.78
Long-Term Deferred Tax Liabilities	2.79	2.06	-	-	-	-
Other Current Liabilities	-	1.53	1.65	5.85	0.35	0.17
Other Long-Term Liabilities	-	4.06	3.04	-	-	-
Total Liabilities	675.94	747.85	499.36	384.46	468.12	437.7
Common Stock	160	160	160	160	100	100
Retained Earnings	-89.86	-86.56	-29.68	-17.17	-13.27	-21.31
Comprehensive Income & Other	15.86	14.82	3.99	-6.62	13.87	-3.97
Shareholders' Equity	86	88.26	134.31	136.21	100.59	74.72
Total Liabilities & Equity	761.94	836.12	633.67	520.67	568.72	512.42
Filing Date Shares Outstanding	160	160	160	160	100	100
Total Common Shares Outstanding	160	160	160	160	100	100
Total Debt	43.96	25.64	7.19	17.57	6.62	6.54
Net Cash (Debt)	36.87	-16.67	56.04	18.17	32.38	30.09
Net Cash Growth	31.47%	-	208.45%	-43.90%	7.63%	-2.46%
Net Cash Per Share	0.23	-0.10	0.35	0.15	0.32	0.30
Book Value Per Share	0.54	0.55	0.84	0.85	1.01	0.75
Tangible Book Value	86	88.26	134.31	136.21	100.59	74.72
Tangible Book Value Per Share	0.54	0.55	0.84	0.85	1.01	0.75
Machinery	-	12.09	11.48	10.17	7.99	7.6
Construction In Progress	-	0.31	0.12	0.79	0.81	0.08

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