ADX:FIDELITYUNITED 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 Equity & Preferred Securities	98.47	126.97	113.58	122.13	99.9
Other Investments	31.51	3	13	23	32
Total Investments	315.89	331.05	329.21	295.21	243.41
Cash & Equivalents	48.11	18.97	63.23	35.74	39
Reinsurance Recoverable	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	7.78	9.61	11.77	22.96	10.64
Restricted Cash	10	10	10	10	10
Other Current Assets	1.96	1.61	2.02	2.1	1.74
Long-Term Deferred Tax Assets	7.83	7.41	-	-	-
Other Long-Term Assets	0.72	0.42	-	-	-
Total Assets	653.54	836.12	633.67	520.67	568.72
Accrued Expenses	22.68	11.54	12.06	8.78	8.86
Insurance & Annuity Liabilities	474.11	695.53	465.5	340.61	143.97
Unpaid Claims	-	-	-	-	136.76
Unearned Premiums	-	-	-	-	168.18
Reinsurance Payable	-	3.81	5.44	7.5	-
Current Portion of Leases	1.48	1.36	1.6	3.99	0.94
Short-Term Debt	37.5	20	-	-	-
Long-Term Leases	2.45	4.28	5.59	13.57	5.67
Long-Term Deferred Tax Liabilities	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	551.45	747.85	499.36	384.46	468.12
Common Stock	160	160	160	160	100
Retained Earnings	-74.56	-86.56	-29.68	-17.17	-13.27
Comprehensive Income & Other	16.65	14.82	3.99	-6.62	13.87
Shareholders' Equity	102.09	88.26	134.31	136.21	100.59
Total Liabilities & Equity	653.54	836.12	633.67	520.67	568.72
Filing Date Shares Outstanding	160	160	160	160	100
Total Common Shares Outstanding	160	160	160	160	100
Total Debt	41.43	25.64	7.19	17.57	6.62
Net Cash (Debt)	6.68	-6.67	56.04	18.17	32.38
Net Cash Growth	-	-	208.45%	-43.90%	7.63%
Net Cash Per Share	0.04	-0.04	0.35	0.15	0.32
Book Value Per Share	0.64	0.55	0.84	0.85	1.01
Tangible Book Value	102.09	88.26	134.31	136.21	100.59
Tangible Book Value Per Share	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.