ADX:SICO 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	37.12	39.81	36.66	36.99	-
Other Investments	-	-	17.5	5	49.58
Total Investments	227.39	197.04	203.17	186.95	169.55
Cash & Equivalents	41.76	35.59	13.89	34.18	49.13
Reinsurance Recoverable	23.08	62.21	24.1	22.06	28.69
Other Receivables	4.85	2.41	7.36	3.94	15.4
Property, Plant & Equipment	1.38	1.99	0.58	1.29	2.36
Other Intangible Assets	0.23	0.08	0.09	0.07	0.18
Restricted Cash	10	10	7.5	-	-
Other Current Assets	70.26	42.79	45.21	43.26	44.51
Other Long-Term Assets	-	-	-	5	11.11
Total Assets	378.95	352.1	301.88	296.75	320.94
Accrued Expenses	2.39	5.03	1.12	0.77	1.14
Insurance & Annuity Liabilities	7.73	6.56	39.03	37.18	18.52
Unpaid Claims	44.01	82.12	-	-	30.75
Unearned Premiums	-	-	-	-	8.57
Reinsurance Payable	1.46	-	3.67	3.83	5.34
Current Portion of Leases	0.71	0.32	0.04	-	0.87
Short-Term Debt	-	-	2.58	0.01	19.88
Current Income Taxes Payable	1.21	-	-	-	-
Long-Term Leases	-	1.06	0.01	1.22	1.41
Long-Term Deferred Tax Liabilities	1.73	0.59	-	-	-
Other Current Liabilities	2.52	2.03	0.03	2.4	2.38
Total Liabilities	64.64	100.51	48.72	47.04	90.65
Common Stock	150	150	150	150	137.5
Retained Earnings	258.01	211.93	216.97	215.23	204.42
Comprehensive Income & Other	-93.7	-110.34	-113.8	-115.52	-111.62
Shareholders' Equity	314.31	251.59	253.17	249.71	230.29
Total Liabilities & Equity	378.95	352.1	301.88	296.75	320.94
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Total Debt	0.71	1.38	2.63	1.23	22.16
Net Cash (Debt)	41.06	34.21	11.26	32.95	26.97
Net Cash Growth	20.02%	203.79%	-65.83%	22.18%	-15.53%
Net Cash Per Share	0.27	0.23	0.08	0.22	0.18
Book Value Per Share	2.10	1.68	1.69	1.66	1.54
Tangible Book Value	314.07	251.51	253.08	249.64	230.11
Tangible Book Value Per Share	2.09	1.68	1.69	1.66	1.53
Machinery	4.48	4.28	4.21	4.19	4.13

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