Solidarity Bahrain B.S.C. (BAX:SOLID)

Solidarity Bahrain B.S.C. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	43.57	24.66	25.81	15.26	13.2	15.13
Investments in Equity & Preferred Securities	26.6	20.08	10.45	10.08	9.62	6.6
Other Investments	16.21	11.02	20.75	29.06	19.18	16.41
Total Investments	86.38	55.76	57.01	54.4	42	38.14
Cash & Equivalents	34.58	26.87	9.95	4.49	4.95	4.34
Reinsurance Recoverable	17.77	7.98	7.18	16	13.86	13.51
Other Receivables	0.14	0.54	0.6	15.42	6.05	6.97
Deferred Policy Acquisition Cost	-	1.2	0.92	0.78	0.5	0.5
Separate Account Assets	-	-	-	0.17	0.16	0.14
Property, Plant & Equipment	2.01	1.23	1.33	1.27	2.17	2.18
Goodwill	34.92	4.3	5.47	2.38	-	-
Other Intangible Assets	2.51	2.73	1.27	0.89	-	-
Restricted Cash	-	1.11	0.14	-	0.14	0.13
Other Current Assets	30.05	3.3	10.64	3.71	2.83	2.23
Other Long-Term Assets	-	3.17	1.93	-	-	-
Total Assets	208.34	108.18	96.43	99.51	72.64	68.14
Accrued Expenses	-	4.72	5.95	3.49	2.24	1.82
Insurance & Annuity Liabilities	39.75	29.8	25.92	17.73	11.1	11.19
Unpaid Claims	38.82	22.4	21.99	17.01	12.53	11.99
Unearned Premiums	-	-	-	24.22	15.9	14.92
Reinsurance Payable	3.3	0.59	0.45	-	-	-
Current Portion of Long-Term Debt	-	1.86	-	-	-	-
Current Portion of Leases	-	0.29	0.15	0.22	0.11	-
Long-Term Debt	-	7.44	-	-	-	-
Long-Term Leases	1.14	0.07	0.03	0.08	0.03	-
Separate Account Liability	-	-	-	0.17	0.16	0.14
Other Current Liabilities	0.32	0.44	3.06	0.03	0.03	0.03
Other Long-Term Liabilities	30.05	0.62	1.98	3.41	0.38	-0.47
Total Liabilities	113.37	68.67	60.07	66.72	42.69	39.81
Common Stock	17	13.33	13.33	13.33	12	12
Additional Paid-In Capital	5.73	5.73	5.73	5.73	4.18	4.18
Retained Earnings	18.68	16.5	12.94	11.46	10.13	9.34
Treasury Stock	-0	-0	-0	-0	-0	-0
Comprehensive Income & Other	41.75	3.95	4.35	2.26	3.65	2.81
Shareholders' Equity	94.97	39.51	36.35	32.78	29.95	28.33
Total Liabilities & Equity	208.34	108.18	96.43	99.51	72.64	68.14
Filing Date Shares Outstanding	170.02	169.94	169.94	169.97	152.97	152.97
Total Common Shares Outstanding	170.02	169.94	169.94	169.97	152.97	152.97
Total Debt	1.14	9.65	0.18	0.29	0.13	-
Net Cash (Debt)	33.44	17.22	9.77	4.19	4.82	4.34
Net Cash Growth	83.13%	76.26%	132.94%	-12.92%	11.05%	10.81%
Net Cash Per Share	0.20	0.10	0.06	0.02	0.03	0.03
Book Value Per Share	0.49	0.23	0.21	0.19	0.20	0.19
Tangible Book Value	45.73	32.48	29.62	29.52	29.95	28.33
Tangible Book Value Per Share	0.27	0.19	0.17	0.17	0.20	0.19
Land	-	0.64	0.85	0.85	0.85	0.85
Machinery	-	2.89	2.78	2.24	3.12	2.98

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.