BVMT:TRE Balance Sheet

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

Millions TND. 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	140.65	133.42	120.45	101.64	82.5
Investments in Equity & Preferred Securities	14.59	14.52	14.26	29.44	27.94
Other Investments	277.72	231.49	221.42	233.08	216.19
Total Investments	457.81	404.51	365.94	373.95	333.95
Cash & Equivalents	3.81	5.37	10.68	7.26	9.93
Reinsurance Recoverable	235.51	286.14	245.01	250.54	306.51
Other Receivables	173.28	263.06	242.39	238.68	206.33
Deferred Policy Acquisition Cost	22.39	23.8	22.75	20.89	18.82
Property, Plant & Equipment	2.12	1.87	1.87	1.69	1.34
Other Intangible Assets	3.12	2.48	2.38	2.68	1.32
Other Current Assets	91.55	3	2.63	15.85	5.04
Long-Term Deferred Charges	4.28	3.86	3.27	2.41	3.34
Other Long-Term Assets	28.53	29.26	29.5	29.66	25.78
Total Assets	1,022	1,023	926.42	943.62	912.36
Accounts Payable	-	-	0.04	-	-
Accrued Expenses	26.59	21.03	15.29	21.61	16.97
Insurance & Annuity Liabilities	4.34	4.17	4.28	4.49	5.41
Unpaid Claims	381.1	387.47	340.36	325.62	323.43
Unearned Premiums	124.09	128.14	123.25	114.69	101.31
Reinsurance Payable	91.64	114.89	92.83	103.09	138.8
Current Income Taxes Payable	-	-	0.1	0.1	0.1
Other Current Liabilities	73.52	58.07	64.05	97.33	67.16
Other Long-Term Liabilities	45.59	51.19	39.77	40.31	35.27
Total Liabilities	746.87	764.98	679.96	707.24	688.45
Common Stock	100	100	100	100	100
Additional Paid-In Capital	50.63	50.5	50.5	50.5	50.5
Retained Earnings	110.97	94.64	84.76	76.32	71.23
Treasury Stock	-	-0.22	-0.22	-0.22	-0.22
Comprehensive Income & Other	13.94	13.46	11.42	9.78	2.4
Shareholders' Equity	275.53	258.38	246.46	236.38	223.92
Total Liabilities & Equity	1,022	1,023	926.42	943.62	912.36
Filing Date Shares Outstanding	20	19.96	19.96	19.96	19.96
Total Common Shares Outstanding	20	19.96	19.96	19.96	19.96
Net Cash (Debt)	3.81	5.37	10.68	7.26	9.93
Net Cash Growth	-29.15%	-49.70%	47.16%	-26.90%	17.54%
Net Cash Per Share	0.19	0.27	0.54	0.36	0.50
Book Value Per Share	13.78	12.95	12.35	11.85	11.22
Tangible Book Value	272.42	255.9	244.08	233.7	222.6
Tangible Book Value Per Share	13.62	12.82	12.23	11.71	11.15
Machinery	5.18	4.48	4.15	3.54	2.86

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.