Dubai National Insurance & Reinsurance Co. (P.S.C.) (DFM:DNIR)

DFM:DNIR Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	65.86	75.04	76.01	58.49	-
Investments in Equity & Preferred Securities	-	443.09	402.56	396.69	510.98	-
Other Investments	548.97	-	-	-	-	426.88
Total Investments	724.58	686.31	637.85	627.01	710.22	499.09
Cash & Equivalents	283.56	246.32	200.61	202.68	137.71	97.95
Reinsurance Recoverable	561.67	662.21	91.31	104.37	193.55	207.76
Other Receivables	24.78	24.12	17.22	13.14	76.27	97.12
Property, Plant & Equipment	30.45	5.46	4.74	2.13	0.47	0.58
Other Current Assets	-	22.23	16.08	5.78	17.95	18.43
Other Long-Term Assets	10	10	10	10	10	10
Total Assets	1,635	1,657	977.81	965.11	1,146	930.93
Accounts Payable	-	-	-	-	9.79	5.72
Accrued Expenses	-	14.39	15.94	15.78	29.24	24.22
Insurance & Annuity Liabilities	720.66	814.95	222.24	245.44	96.89	107.41
Unpaid Claims	-	-	-	-	41.84	61.54
Unearned Premiums	-	-	-	-	151.22	148.12
Reinsurance Payable	-	-	-	-	44.02	47.36
Current Income Taxes Payable	2.9	1.35	-	-	-	-
Long-Term Deferred Tax Liabilities	10.3	5.27	-	-	-	-
Other Current Liabilities	21.66	12.8	12.24	13.77	19.4	22.59
Total Liabilities	760.45	853.5	255.15	279.29	396.49	424.04
Common Stock	115.5	115.5	115.5	115.5	115.5	115.5
Retained Earnings	500.07	481	439.01	409.28	413.68	313.47
Comprehensive Income & Other	259.02	206.64	168.15	161.04	220.51	77.92
Shareholders' Equity	874.59	803.15	722.66	685.82	749.68	506.89
Total Liabilities & Equity	1,635	1,657	977.81	965.11	1,146	930.93
Filing Date Shares Outstanding	103.11	115.5	115.5	115.5	115.5	115.5
Total Common Shares Outstanding	103.11	115.5	115.5	115.5	115.5	115.5
Net Cash (Debt)	283.56	246.32	200.61	202.68	137.71	97.95
Net Cash Growth	28.55%	22.78%	-1.02%	47.18%	40.60%	-14.03%
Net Cash Per Share	2.51	2.13	1.74	1.75	1.19	0.85
Book Value Per Share	8.48	6.95	6.26	5.94	6.49	4.39
Tangible Book Value	874.59	803.15	722.66	685.82	749.68	506.89
Tangible Book Value Per Share	8.48	6.95	6.26	5.94	6.49	4.39
Machinery	-	10.05	8.16	6.8	6.07	6.27
Construction In Progress	-	1.89	1.86	1.17	-	-

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.