Gulf Insurance Group - Jordan (ASE:GIGJ)

ASE:GIGJ Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	63.29	60.8	57.76	11.58	11.9	11.88
Investments in Equity & Preferred Securities	6.2	6.57	5.68	5.56	5.33	3.64
Policy Loans	-	-	-	-	0.02	-
Other Investments	26.24	19.77	20.46	66.12	57.87	47.61
Total Investments	109.78	99.22	89.25	83.43	75.29	63.31
Cash & Equivalents	2.53	1.02	1.16	0.8	2.39	7.63
Reinsurance Recoverable	10.99	12.13	6.18	7.99	1.58	1.17
Other Receivables	0.02	4.86	4.34	2.8	35.39	35.13
Property, Plant & Equipment	8.32	8.38	7.63	7.66	6.83	4.99
Other Intangible Assets	5.63	5.66	5.49	5.73	5.72	0.39
Other Current Assets	0.43	1.77	1.52	2.53	2.29	1.45
Long-Term Deferred Tax Assets	3.83	3.72	4.27	4.14	3.74	3.63
Other Long-Term Assets	7.89	0.8	0.79	0.04	-	-
Total Assets	149.41	137.56	120.62	115.12	133.22	117.7
Accounts Payable	-	-	-	-	4.74	2.72
Accrued Expenses	1.6	3.06	2.36	2.47	3.02	2.05
Insurance & Annuity Liabilities	78.5	71	64.77	63.56	4.29	3.74
Unpaid Claims	-	-	-	-	28.75	24.91
Unearned Premiums	-	-	-	-	18.07	15.72
Reinsurance Payable	3.65	2.71	0.36	0.76	21.83	24.1
Current Portion of Leases	-	0.12	0.14	0.22	0.12	0.18
Short-Term Debt	-	-	-	-	1.2	-
Current Income Taxes Payable	1.05	0.98	0.34	0.33	2.91	2.48
Long-Term Debt	-	-	-	1.5	3	6
Long-Term Leases	0.48	0.36	0.1	0.17	0.12	0.13
Long-Term Deferred Tax Liabilities	0.63	-	-	-	-	-
Other Current Liabilities	-	-	-	-	0.41	0.44
Other Long-Term Liabilities	4.69	0.41	0.59	0.64	1.47	0.02
Total Liabilities	90.58	81.65	71.28	71.69	91.76	84.11
Common Stock	26	26	26	26	25.44	21.44
Retained Earnings	34.25	30.95	24.97	19.12	16.96	14.45
Comprehensive Income & Other	-1.42	-1.05	-1.63	-1.68	-0.93	-2.29
Shareholders' Equity	58.84	55.91	49.34	43.44	41.47	33.59
Total Liabilities & Equity	149.41	137.56	120.62	115.12	133.22	117.7
Filing Date Shares Outstanding	26	26	26	26	26	21.91
Total Common Shares Outstanding	26	26	26	26	26	21.91
Total Debt	0.48	0.48	0.23	1.89	4.44	6.31
Net Cash (Debt)	2.06	0.54	0.92	-1.09	-2.05	1.32
Net Cash Growth	47.56%	-41.51%	-	-	-	-68.65%
Net Cash Per Share	0.08	0.02	0.04	-0.04	-0.08	0.05
Book Value Per Share	2.26	2.15	1.90	1.67	1.59	1.53
Tangible Book Value	53.21	50.24	43.85	37.7	35.75	33.2
Tangible Book Value Per Share	2.05	1.93	1.69	1.45	1.37	1.52
Land	-	3.67	3.53	3.53	2.76	1.55
Buildings	-	3.75	3.72	3.72	3.72	2.58
Machinery	-	3.76	4.44	4.21	4.17	2.93
Construction In Progress	-	0.33	0.21	-	-	-

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.