Arabia Insurance Company - Jordan (ASE: AICJ)

ASE: AICJ Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	1.6	1.6	1.32	0.92	1.13	1.13
Investments in Equity & Preferred Securities	2.95	2.56	2.06	2.04	1.75	2.08
Policy Loans	-	-	-	0.01	0.01	0.01
Other Investments	8.39	8.1	11.59	2.26	4.73	5.44
Total Investments	17.77	14.17	16.93	9.39	11.06	11.89
Cash & Equivalents	3.36	6.2	1.06	6.61	5.15	2.79
Reinsurance Recoverable	4.78	6.89	6.08	1.96	1.95	1.71
Other Receivables	0.14	0.48	0.17	5.79	6.1	7.32
Property, Plant & Equipment	2.01	2.05	2.12	2.18	2.27	2.36
Other Intangible Assets	0.07	0.08	0.1	0.1	0.11	0.13
Restricted Cash	0.84	0.8	0.81	0.33	0.33	-
Other Current Assets	-	0.14	0.19	0.17	0.1	0.42
Long-Term Deferred Tax Assets	1.9	1.73	1.7	1.26	1.07	1.01
Other Long-Term Assets	0.54	0.08	0.07	0.08	0.09	0.09
Total Assets	31.41	32.62	29.23	27.86	28.23	27.69
Accounts Payable	-	-	-	0.4	0.46	0.1
Accrued Expenses	0.22	0.2	0.18	0.43	0.6	0.59
Insurance & Annuity Liabilities	20.19	20.91	18.46	0.58	0.55	0.54
Unpaid Claims	-	-	-	6.7	6.13	6.39
Unearned Premiums	-	-	-	5.85	5.52	5.86
Reinsurance Payable	0.1	0.04	0.07	2.18	2.71	2.51
Current Income Taxes Payable	-	0.18	-	-	0.05	-0.1
Long-Term Deferred Tax Liabilities	0.71	0.79	0.77	0.62	0.56	0.56
Other Current Liabilities	-	0.07	0.07	0.07	0.17	0.88
Other Long-Term Liabilities	0.18	0.04	0.1	0.58	0.71	-
Total Liabilities	21.41	22.26	19.7	17.45	17.54	17.39
Common Stock	8	8	8	8	8	8
Retained Earnings	2.48	2.77	1.94	2.86	3.36	2.74
Comprehensive Income & Other	-0.49	-0.4	-0.4	-0.45	-0.67	-0.43
Shareholders' Equity	10	10.37	9.53	10.4	10.69	10.3
Total Liabilities & Equity	31.41	32.62	29.23	27.86	28.23	27.69
Filing Date Shares Outstanding	8	8	8	8	8	8
Total Common Shares Outstanding	8	8	8	8	8	8
Net Cash (Debt)	3.36	6.2	1.06	6.61	5.15	2.79
Net Cash Growth	117.12%	484.15%	-83.95%	28.21%	84.88%	-58.37%
Net Cash Per Share	0.42	0.77	0.13	0.83	0.64	0.35
Book Value Per Share	1.25	1.30	1.19	1.30	1.34	1.29
Tangible Book Value	9.93	10.28	9.43	10.31	10.58	10.18
Tangible Book Value Per Share	1.24	1.29	1.18	1.29	1.32	1.27
Land	-	0.32	0.32	0.32	0.32	0.32
Buildings	-	2.01	2.01	2.01	2.01	2.01
Machinery	-	0.59	0.58	0.59	0.58	0.56

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