Solidarity Bahrain B.S.C. Balance Sheet

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

Millions BHD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	52.88	24.66	25.81	15.26	13.2
Investments in Equity & Preferred Securities	32.53	20.08	10.45	10.08	9.62
Other Investments	14.85	11.02	20.75	29.06	19.18
Total Investments	100.26	55.76	57.01	54.4	42
Cash & Equivalents	19.65	26.87	9.95	4.49	4.95
Reinsurance Recoverable	19.71	7.98	7.18	16	13.86
Other Receivables	1.23	0.54	0.6	15.42	6.05
Deferred Policy Acquisition Cost	1.45	1.2	0.92	0.78	0.5
Separate Account Assets	-	-	-	0.17	0.16
Property, Plant & Equipment	1.79	1.23	1.33	1.27	2.17
Goodwill	28.29	4.3	5.47	2.38	-
Other Intangible Assets	9.57	2.73	1.27	0.89	-
Restricted Cash	1.89	1.11	0.14	-	0.14
Other Current Assets	5.19	3.3	10.64	3.71	2.83
Other Long-Term Assets	19.24	3.17	1.93	-	-
Total Assets	208.26	108.18	96.43	99.51	72.64
Accrued Expenses	5.64	4.72	5.95	3.49	2.24
Insurance & Annuity Liabilities	59.83	29.8	25.92	17.73	11.1
Unpaid Claims	38.72	22.4	21.99	17.01	12.53
Unearned Premiums	-	-	-	24.22	15.9
Reinsurance Payable	2.78	0.59	0.45	-	-
Current Portion of Long-Term Debt	-	1.86	-	-	-
Current Portion of Leases	0.34	0.29	0.15	0.22	0.11
Long-Term Debt	-	7.44	-	-	-
Long-Term Leases	0.68	0.07	0.03	0.08	0.03
Separate Account Liability	-	-	-	0.17	0.16
Other Current Liabilities	0.32	0.44	3.06	0.03	0.03
Other Long-Term Liabilities	3.07	0.62	1.98	3.41	0.38
Total Liabilities	111.92	68.67	60.07	66.72	42.69
Preferred Stock, Convertible	11.81	-	-	-	-
Common Stock	17	13.33	13.33	13.33	12
Additional Paid-In Capital	5.73	5.73	5.73	5.73	4.18
Retained Earnings	19.97	16.5	12.94	11.46	10.13
Treasury Stock	-0	-0	-0	-0	-0
Comprehensive Income & Other	41.83	3.95	4.35	2.26	3.65
Total Common Equity	84.53	39.51	36.35	32.78	29.95
Shareholders' Equity	96.34	39.51	36.35	32.78	29.95
Total Liabilities & Equity	208.26	108.18	96.43	99.51	72.64
Filing Date Shares Outstanding	169.94	169.94	169.94	169.97	152.97
Total Common Shares Outstanding	169.94	169.94	169.94	169.97	152.97
Total Debt	1.02	9.65	0.18	0.29	0.13
Net Cash (Debt)	18.63	17.22	9.77	4.19	4.82
Net Cash Growth	8.24%	76.26%	132.94%	-12.92%	11.05%
Net Cash Per Share	0.11	0.10	0.06	0.02	0.03
Book Value Per Share	0.50	0.23	0.21	0.19	0.20
Tangible Book Value	46.68	32.48	29.62	29.52	29.95
Tangible Book Value Per Share	0.27	0.19	0.17	0.17	0.20
Land	0.4	0.64	0.85	0.85	0.85
Machinery	4.14	2.89	2.78	2.24	3.12

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.