ADX:RAKNIC 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	Jun '26 Jun 30, 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	348.12	316.02	218.48	131.35	106.42	42.26
Investments in Equity & Preferred Securities	21.76	16.2	4.03	3.84	1.99	0.73
Other Investments	162.04	159.93	94.66	181.36	216.61	191.79
Total Investments	531.93	492.15	317.18	316.55	325.02	234.78
Cash & Equivalents	16.08	11.45	117.51	28.51	9.63	57.39
Reinsurance Recoverable	326.01	319.09	231.58	176.31	146.86	249.56
Other Receivables	8.78	9.74	6.01	1.76	3.31	136.02
Deferred Policy Acquisition Cost	-	-	-	-	-	23.23
Property, Plant & Equipment	0.96	1.04	0.76	0.48	1.27	1.94
Other Intangible Assets	-	-	3.74	4.47	5.64	6.62
Restricted Cash	10	10	10	10	10	10
Other Current Assets	3.24	4.09	3.6	2.77	6.03	7.12
Other Long-Term Assets	4	4.21	83.72	62.59	50.7	70.14
Total Assets	901.31	851.76	774.08	603.43	558.47	796.8
Accounts Payable	1.18	1.03	0.66	0.56	0.37	-
Accrued Expenses	3.09	2.32	2	6.44	6.33	25.31
Insurance & Annuity Liabilities	586.43	572.63	479.59	364.67	329.88	32.69
Unpaid Claims	-	-	-	-	-	193.32
Unearned Premiums	-	-	-	-	-	205.11
Reinsurance Payable	42.31	30.93	27.92	1.4	20.98	42.18
Short-Term Debt	-	-	74.91	59.38	50	33.06
Current Income Taxes Payable	7.44	4.66	1.53	-	-	-
Long-Term Deferred Tax Liabilities	-	0.69	0.15	-	-	-
Other Current Liabilities	1.61	0.87	1.34	4.11	3.44	15.39
Other Long-Term Liabilities	3.29	4.16	2.33	0.97	0.73	38.88
Total Liabilities	653.04	625.13	597.2	443.88	417.99	594.14
Common Stock	121.28	121.28	121.28	121.28	121.28	121.28
Retained Earnings	127.75	99.77	57.75	43.71	30.36	80.42
Comprehensive Income & Other	-0.76	5.59	-2.15	-5.43	-11.15	0.96
Shareholders' Equity	248.27	226.64	176.88	159.55	140.48	202.66
Total Liabilities & Equity	901.31	851.76	774.08	603.43	558.47	796.8
Filing Date Shares Outstanding	121.28	121.28	121.28	121.28	121.28	121.28
Total Common Shares Outstanding	121.28	121.28	121.28	121.28	121.28	121.28
Total Debt	-	-	74.91	59.38	50	33.06
Net Cash (Debt)	16.08	11.45	42.6	-30.88	-40.37	24.34
Net Cash Growth	-33.80%	-73.12%	-	-	-	-18.01%
Net Cash Per Share	0.13	0.09	0.35	-0.25	-0.33	0.20
Book Value Per Share	2.05	1.87	1.46	1.32	1.16	1.67
Tangible Book Value	248.27	226.64	173.14	155.08	134.84	196.04
Tangible Book Value Per Share	2.05	1.87	1.43	1.28	1.11	1.62
Machinery	-	4.36	8.93	9.42	10.3	10.89