Abu Dhabi National Takaful Company PSC (ADX: TKFL)

TKFL Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	265.84	266.83	271.81	194.58	184.49	119.12
Other Investments	474.53	571.71	439.46	416.72	526.06	402.71
Total Investments	808.82	909.25	729.13	763.88	756.83	575.13
Cash & Equivalents	67.61	80.77	109.04	100.14	112.11	283.88
Reinsurance Recoverable	403.51	185.58	134.71	403.67	432.43	234.44
Other Receivables	1.42	1.21	-	16.48	7.72	10.06
Deferred Policy Acquisition Cost	-	-	-	7.45	18.87	64.87
Property, Plant & Equipment	20.46	20.88	22.3	22.44	15.84	17.56
Restricted Cash	10	10	10	10	10	10
Other Current Assets	58.18	58.01	44.88	33.77	35.98	36.1
Total Assets	1,371	1,266	1,050	1,358	1,390	1,232
Accrued Expenses	151.17	176.84	111.74	26.19	41.64	41
Insurance & Annuity Liabilities	703.01	600.82	458.77	1.5	32.24	55.23
Unpaid Claims	-	-	-	164.08	183.61	165.28
Unearned Premiums	-	-	-	360.76	387.22	445.52
Reinsurance Payable	35.2	20.6	35.79	279.73	300.01	120.98
Long-Term Debt	42.47	17.99	30.33	9.8	5.64	7.7
Other Long-Term Liabilities	-	-	-	-0.23	0.1	0.15
Total Liabilities	931.85	816.25	636.63	841.83	950.47	835.86
Common Stock	105	105	105	100	100	100
Retained Earnings	391.12	398.03	329.3	408.7	324.3	285.24
Comprensive Income & Other	-57.4	-53.58	-20.87	7.32	15.01	10.93
Shareholders' Equity	438.72	449.45	413.43	516.02	439.31	396.17
Total Liabilities & Equity	1,371	1,266	1,050	1,358	1,390	1,232
Filing Date Shares Outstanding	105	105	105	105	105	105
Total Common Shares Outstanding	105	105	105	105	105	105
Total Debt	42.47	17.99	30.33	9.8	5.64	7.7
Net Cash (Debt)	25.13	62.78	78.71	90.34	106.46	276.18
Net Cash Growth	-61.74%	-20.24%	-12.87%	-15.14%	-61.45%	252.31%
Net Cash Per Share	0.24	0.60	0.75	0.86	1.01	2.63
Book Value Per Share	4.18	4.28	3.94	4.91	4.18	3.77
Tangible Book Value	438.72	449.45	413.43	516.02	439.31	396.17
Tangible Book Value Per Share	4.18	4.28	3.94	4.91	4.18	3.77
Buildings	-	25.2	25.2	25.2	18.98	18.98
Machinery	-	20.22	20.05	20.35	18.42	18.09

Source: S&P Capital IQ. Insurance template. Financial Sources.