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	-	218.71	266.83	271.81	194.58
Other Investments	-	554.27	571.71	439.46	416.72
Total Investments	-	845.3	909.25	729.13	763.88
Cash & Equivalents	-	156.59	80.77	109.04	100.14
Reinsurance Recoverable	-	459.14	185.58	134.71	403.67
Other Receivables	-	0.01	1.21	-	16.48
Deferred Policy Acquisition Cost	-	-	-	-	7.45
Property, Plant & Equipment	-	29.63	20.88	22.3	22.44
Restricted Cash	-	10	10	10	10
Other Current Assets	-	56.31	58.01	44.88	33.77
Long-Term Deferred Tax Assets	-	0.76	-	-	-
Total Assets	-	1,558	1,266	1,050	1,358
Accrued Expenses	-	165.98	176.84	111.74	26.19
Insurance & Annuity Liabilities	-	803.34	600.82	458.77	1.5
Unpaid Claims	-	-	-	-	164.08
Unearned Premiums	-	-	-	-	360.76
Reinsurance Payable	-	47.84	20.6	35.79	279.73
Current Portion of Leases	-	2.17	-	-	-
Long-Term Debt	-	35.94	17.99	30.33	9.8
Long-Term Leases	-	7.33	-	-	-
Other Long-Term Liabilities	-	-	-	-	-0.23
Total Liabilities	-	1,063	816.25	636.63	841.83
Common Stock	-	105	105	105	100
Retained Earnings	-	445.24	398.03	329.3	408.7
Comprehensive Income & Other	-	-55.65	-53.58	-20.87	7.32
Shareholders' Equity	573.17	494.59	449.45	413.43	516.02
Total Liabilities & Equity	-	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	32.24	45.45	17.99	30.33	9.8
Net Cash (Debt)	0.87	111.15	62.78	78.71	90.34
Net Cash Growth	-99.22%	77.03%	-20.24%	-12.87%	-15.14%
Net Cash Per Share	0.01	1.06	0.60	0.75	0.86
Book Value Per Share	5.46	4.71	4.28	3.94	4.91
Tangible Book Value	573.17	494.59	449.45	413.43	516.02
Tangible Book Value Per Share	5.46	4.71	4.28	3.94	4.91
Buildings	-	25.2	25.2	25.2	25.2
Machinery	-	20.92	20.22	20.05	20.35

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