ADX:SICO Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Investments in Equity & Preferred Securities	42.83	39.81	36.66	36.99	-	-	Upgrade
Other Investments	-	10	17.5	5	49.58	85.73	Upgrade
Total Investments	222.5	206.58	203.17	186.95	169.55	149.96	Upgrade
Cash & Equivalents	28.37	25.59	13.89	34.18	49.13	34.04	Upgrade
Reinsurance Recoverable	60.38	69.84	24.1	22.06	28.69	30.04	Upgrade
Other Receivables	6.47	5.84	7.36	3.94	15.4	19.18	Upgrade
Property, Plant & Equipment	1.7	1.99	0.58	1.29	2.36	2.66	Upgrade
Other Intangible Assets	0.16	0.08	0.09	0.07	0.18	0.23	Upgrade
Other Current Assets	49.17	42.05	45.21	43.26	44.51	10.14	Upgrade
Other Long-Term Assets	10	10	7.5	5	11.11	13.99	Upgrade
Total Assets	378.74	361.97	301.88	296.75	320.94	260.24	Upgrade
Accrued Expenses	6.79	6.87	1.12	0.77	1.14	1.42	Upgrade
Insurance & Annuity Liabilities	12.94	90.92	39.03	37.18	18.52	15.94	Upgrade
Unpaid Claims	71.62	-	-	-	30.75	33.83	Upgrade
Unearned Premiums	-	-	-	-	8.57	12.32	Upgrade
Reinsurance Payable	8.98	7.64	3.67	3.83	5.34	4.01	Upgrade
Current Portion of Leases	0.68	0.32	0.04	-	0.87	0.32	Upgrade
Short-Term Debt	-	-	2.58	0.01	19.88	-	Upgrade
Long-Term Leases	0.73	1.06	0.01	1.22	1.41	1.78	Upgrade
Long-Term Deferred Tax Liabilities	0.9	0.59	-	-	-	-	Upgrade
Other Current Liabilities	0.24	0.19	0.03	2.4	2.38	2.38	Upgrade
Total Liabilities	106.09	110.38	48.72	47.04	90.65	73.14	Upgrade
Common Stock	150	150	150	150	137.5	137.5	Upgrade
Retained Earnings	230.87	211.93	216.97	215.23	204.42	186.23	Upgrade
Comprehensive Income & Other	-108.22	-110.34	-113.8	-115.52	-111.62	-136.63	Upgrade
Shareholders' Equity	272.65	251.59	253.17	249.71	230.29	187.1	Upgrade
Total Liabilities & Equity	378.74	361.97	301.88	296.75	320.94	260.24	Upgrade
Filing Date Shares Outstanding	150	150	150	150	150	150	Upgrade
Total Common Shares Outstanding	150	150	150	150	150	150	Upgrade
Total Debt	1.42	1.38	2.63	1.23	22.16	2.11	Upgrade
Net Cash (Debt)	26.96	24.21	11.26	32.95	26.97	31.93	Upgrade
Net Cash Growth	43.22%	114.98%	-65.83%	22.18%	-15.53%	80.64%	Upgrade
Net Cash Per Share	0.18	0.16	0.08	0.22	0.18	0.21	Upgrade
Book Value Per Share	1.82	1.68	1.69	1.66	1.54	1.25	Upgrade
Tangible Book Value	272.49	251.51	253.08	249.64	230.11	186.87	Upgrade
Tangible Book Value Per Share	1.82	1.68	1.69	1.66	1.53	1.25	Upgrade
Machinery	-	4.28	4.21	4.19	4.13	3.86	Upgrade

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