Al Manara Islamic Insurance Company (ASE: MIIC)

ASE: MIIC 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	0.09	0.09	0.19	0.19	0.23	0.23
Investments in Equity & Preferred Securities	1.59	1.85	1.51	1.97	0.73	0.52
Other Investments	4.43	4.13	6.65	6.19	7.02	4.74
Total Investments	7.83	8.04	9.9	9.59	9.22	6.73
Cash & Equivalents	0.74	0.26	0.16	2.86	1.06	1.16
Reinsurance Recoverable	0.8	0.37	1.84	0.41	0.45	0.87
Other Receivables	-	0.18	0.36	4.97	4.68	2.57
Property, Plant & Equipment	4.13	4.06	4.14	3.89	2.28	2.17
Restricted Cash	-	-	-	-	0.23	0.23
Other Current Assets	-	1.1	0.93	0.48	0.21	0.23
Long-Term Deferred Tax Assets	1.43	1.22	1.22	1.26	1.09	1.13
Total Assets	15.91	15.22	18.56	23.47	19.21	15.1
Accounts Payable	-	0.31	0.13	0.98	0.21	0.24
Accrued Expenses	-	0.07	0.07	0.23	0.42	0.83
Insurance & Annuity Liabilities	2.93	9.06	11.99	0.15	0.54	1.84
Unpaid Claims	8.64	-	-	5.79	3.57	3.83
Unearned Premiums	-	-	-	6.46	6.11	2.63
Reinsurance Payable	-	-	-	2.08	1.54	1.57
Current Portion of Long-Term Debt	-	0.36	0.28	0.27	-	-
Current Income Taxes Payable	0.03	0.03	0.03	0.03	0.03	-
Long-Term Debt	0.9	0.81	0.89	1.17	-	-
Other Current Liabilities	0.33	0.22	0.35	0.67	1.29	0.64
Other Long-Term Liabilities	0.43	0.02	0.02	0.77	0.01	0.02
Total Liabilities	13.26	10.88	13.76	18.59	13.72	11.61
Common Stock	5.6	5.6	5.6	5.6	5.48	5
Retained Earnings	-2.53	-0.73	-0.36	-0.34	0.79	-0.99
Comprehensive Income & Other	-0.42	-0.53	-0.44	-0.38	-0.77	-0.51
Shareholders' Equity	2.65	4.35	4.8	4.88	5.5	3.5
Total Liabilities & Equity	15.91	15.22	18.56	23.47	19.21	15.1
Filing Date Shares Outstanding	5.6	5.6	5.6	5.6	5	5
Total Common Shares Outstanding	5.6	5.6	5.6	5.6	5	5
Total Debt	0.9	1.17	1.17	1.44	-	-
Net Cash (Debt)	-0.16	-0.9	-1.01	1.42	1.06	1.16
Net Cash Growth	-	-	-	34.85%	-9.34%	104.72%
Net Cash Per Share	-0.03	-0.16	-0.18	0.25	0.21	0.23
Book Value Per Share	0.47	0.78	0.86	0.87	1.10	0.70
Tangible Book Value	2.65	4.35	4.8	4.88	5.5	3.5
Tangible Book Value Per Share	0.47	0.78	0.86	0.87	1.10	0.70
Land	-	2.62	2.62	2.62	1.02	1.02
Buildings	-	2	2	2.06	2.06	2
Machinery	-	1.11	1.04	0.81	0.72	0.72

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