ADX:FIDELITYUNITED 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 Equity & Preferred Securities	-	98.47	126.97	113.58	122.13	99.9
Other Investments	117.12	31.51	3	13	23	32
Total Investments	284.28	315.89	331.05	329.21	295.21	243.41
Cash & Equivalents	125.96	48.11	18.97	63.23	35.74	39
Reinsurance Recoverable	361.27	257.67	450.86	212.8	150.47	12.66
Other Receivables	-	3.59	6.16	4.65	4.19	222.41
Deferred Policy Acquisition Cost	-	-	-	-	-	28.85
Property, Plant & Equipment	9.76	7.78	9.61	11.77	22.96	10.64
Restricted Cash	10	10	10	10	10	10
Other Current Assets	13.73	1.96	1.61	2.02	2.1	1.74
Long-Term Deferred Tax Assets	8.41	7.83	7.41	-	-	-
Other Long-Term Assets	-	0.72	0.42	-	-	-
Total Assets	813.4	653.54	836.12	633.67	520.67	568.72
Accrued Expenses	37.53	22.68	11.54	12.06	8.78	8.86
Insurance & Annuity Liabilities	583.82	474.11	695.53	465.5	340.61	143.97
Unpaid Claims	-	-	-	-	-	136.76
Unearned Premiums	-	-	-	-	-	168.18
Reinsurance Payable	13.29	-	3.81	5.44	7.5	-
Current Portion of Leases	-	1.48	1.36	1.6	3.99	0.94
Short-Term Debt	45.2	37.5	20	-	-	-
Long-Term Leases	3.75	2.45	4.28	5.59	13.57	5.67
Long-Term Deferred Tax Liabilities	2.3	2.93	2.06	-	-	-
Other Current Liabilities	-	-	-	1.65	5.85	0.35
Other Long-Term Liabilities	-	7.28	5.59	3.04	-	-
Total Liabilities	689.1	551.45	747.85	499.36	384.46	468.12
Common Stock	190	160	160	160	160	100
Retained Earnings	-89.33	-74.56	-86.56	-29.68	-17.17	-13.27
Comprehensive Income & Other	23.63	16.65	14.82	3.99	-6.62	13.87
Shareholders' Equity	124.3	102.09	88.26	134.31	136.21	100.59
Total Liabilities & Equity	813.4	653.54	836.12	633.67	520.67	568.72
Filing Date Shares Outstanding	178.91	160	160	160	160	100
Total Common Shares Outstanding	178.91	160	160	160	160	100
Total Debt	48.95	41.43	25.64	7.19	17.57	6.62
Net Cash (Debt)	77.02	6.68	-6.67	56.04	18.17	32.38
Net Cash Growth	765.87%	-	-	208.45%	-43.90%	7.63%
Net Cash Per Share	0.47	0.04	-0.04	0.35	0.15	0.32
Book Value Per Share	0.69	0.64	0.55	0.84	0.85	1.01
Tangible Book Value	124.3	102.09	88.26	134.31	136.21	100.59
Tangible Book Value Per Share	0.69	0.64	0.55	0.84	0.85	1.01
Machinery	-	10.41	12.09	11.48	10.17	7.99
Construction In Progress	-	0.54	0.31	0.12	0.79	0.81

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