The Islamic Insurance Company (ASE: TIIC)

TIIC 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	-	-	0.75	0.75	0.75	0.75
Investments in Equity & Preferred Securities	-	-	-	-	-	8.77
Other Investments	34.97	31.51	30.3	27.04	29.02	18.14
Total Investments	39.35	34.9	34.44	30.79	32.76	30.65
Cash & Equivalents	3.72	5.62	1.66	2.86	1	1.37
Reinsurance Recoverable	8.32	4.93	6.85	0.52	0.75	0.61
Other Receivables	-	-	0.15	4.95	5.21	5.26
Separate Account Assets	-	1	1	1	1	1
Property, Plant & Equipment	2.31	2.12	1.83	0.61	0.67	0.7
Other Intangible Assets	0.01	0.01	0.09	0.08	0.08	0.01
Other Current Assets	0.36	0.08	0.07	0.09	0.08	0.12
Other Long-Term Assets	0.02	-	-	-	-	0.07
Total Assets	54.08	48.66	46.11	40.91	41.55	39.78
Accounts Payable	-	-	-	0.33	0.35	0.15
Accrued Expenses	0.6	0.76	0.7	0.6	0.65	0.57
Insurance & Annuity Liabilities	29.48	23.01	20.67	0.21	0.23	0.21
Unpaid Claims	-	-	-	7.57	8.26	8.75
Unearned Premiums	-	-	-	4.94	4.89	5.2
Reinsurance Payable	0.1	0.02	-	2.58	2.33	2.7
Current Income Taxes Payable	0.44	0.73	0.51	0.56	0.63	0.33
Other Current Liabilities	0.64	-	-	0.15	1.79	1.34
Other Long-Term Liabilities	0.07	0.6	0.49	-	-	-
Total Liabilities	31.36	25.18	22.44	16.94	19.13	19.26
Common Stock	16.5	15	15	15	15	15
Retained Earnings	6.65	9.07	8.72	9.35	8.93	7.98
Comprehensive Income & Other	-0.42	-0.59	-0.06	-0.39	-1.51	-2.45
Shareholders' Equity	22.72	23.48	23.67	23.96	22.42	20.53
Total Liabilities & Equity	54.08	48.66	46.11	40.91	41.55	39.78
Filing Date Shares Outstanding	16.5	16.5	16.5	16.5	16.5	16.5
Total Common Shares Outstanding	16.5	16.5	16.5	16.5	16.5	16.5
Net Cash (Debt)	3.72	5.62	1.66	2.86	1	1.37
Net Cash Growth	38.31%	238.84%	-42.05%	185.55%	-26.63%	-48.73%
Net Cash Per Share	0.23	0.34	0.10	0.17	0.06	0.08
Book Value Per Share	1.38	1.42	1.43	1.45	1.36	1.24
Tangible Book Value	22.72	23.47	23.57	23.88	22.34	20.52
Tangible Book Value Per Share	1.38	1.42	1.43	1.45	1.35	1.24
Buildings	2.47	2.43	2.21	0.98	0.98	0.96
Machinery	1.53	1.34	1.17	1.1	1.13	1.08

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