ADX:TKFL 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	309.69	218.71	266.83	271.81	194.58
Other Investments	490.09	554.27	571.71	439.46	416.72
Total Investments	961.19	845.3	909.25	729.13	763.88
Cash & Equivalents	39.63	156.59	80.77	109.04	100.14
Reinsurance Recoverable	419.44	459.14	185.58	134.71	403.67
Other Receivables	0.2	0.01	1.21	-	16.48
Deferred Policy Acquisition Cost	-	-	-	-	7.45
Separate Account Assets	185.16	-	-	-	-
Property, Plant & Equipment	19.4	29.63	20.88	22.3	22.44
Restricted Cash	10	10	10	10	10
Other Current Assets	49.77	56.31	58.01	44.88	33.77
Long-Term Deferred Tax Assets	-	0.76	-	-	-
Total Assets	1,685	1,558	1,266	1,050	1,358
Accrued Expenses	185.55	165.98	176.84	111.74	26.19
Insurance & Annuity Liabilities	804.16	803.34	600.82	458.77	1.5
Unpaid Claims	-	-	-	-	164.08
Unearned Premiums	-	-	-	-	360.76
Reinsurance Payable	56.84	47.84	20.6	35.79	279.73
Current Portion of Leases	2.17	-	-	-	-
Long-Term Debt	22.18	35.94	17.99	30.33	9.8
Long-Term Leases	5.42	9.5	-	-	-
Long-Term Deferred Tax Liabilities	-	0.55	-	-	-
Separate Account Liability	0.74	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	-0.23
Total Liabilities	1,083	1,063	816.25	636.63	841.83
Common Stock	105	105	105	105	100
Retained Earnings	559.22	445.24	398.03	329.3	408.7
Comprehensive Income & Other	-62.91	-55.65	-53.58	-20.87	7.32
Shareholders' Equity	601.32	494.59	449.45	413.43	516.02
Total Liabilities & Equity	1,685	1,558	1,266	1,050	1,358
Filing Date Shares Outstanding	105	105	105	105	105
Total Common Shares Outstanding	105	105	105	105	105
Total Debt	29.78	45.45	17.99	30.33	9.8
Net Cash (Debt)	9.86	111.15	62.78	78.71	90.34
Net Cash Growth	-91.13%	77.03%	-20.24%	-12.87%	-15.14%
Net Cash Per Share	0.09	1.06	0.60	0.75	0.86
Book Value Per Share	5.73	4.71	4.28	3.94	4.91
Tangible Book Value	601.32	494.59	449.45	413.43	516.02
Tangible Book Value Per Share	5.73	4.71	4.28	3.94	4.91
Buildings	-	25.2	25.2	25.2	25.2
Machinery	24.15	20.92	20.22	20.05	20.35

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