DFM:DNIR Balance Sheet

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	38.74	65.86	75.04	76.01	58.49	-
Investments in Equity & Preferred Securities	517.35	443.09	402.56	396.69	510.98	-
Other Investments	-	-	-	-	-	426.88
Total Investments	733.69	686.31	637.85	627.01	710.22	499.09
Cash & Equivalents	318.52	246.32	200.61	202.68	137.71	97.95
Reinsurance Recoverable	457.33	662.21	91.31	104.37	193.55	207.76
Other Receivables	29.45	24.12	17.22	13.14	76.27	97.12
Property, Plant & Equipment	33.38	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	1,582	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	651.5	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	1.83	1.35	-	-	-	-
Long-Term Deferred Tax Liabilities	11.19	5.27	-	-	-	-
Other Current Liabilities	26.33	12.8	12.24	13.77	19.4	22.59
Total Liabilities	695.74	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	503.78	481	439.01	409.28	413.68	313.47
Comprehensive Income & Other	267.35	206.64	168.15	161.04	220.51	77.92
Shareholders' Equity	886.63	803.15	722.66	685.82	749.68	506.89
Total Liabilities & Equity	1,582	1,657	977.81	965.11	1,146	930.93
Filing Date Shares Outstanding	115.5	115.5	115.5	115.5	115.5	115.5
Total Common Shares Outstanding	115.5	115.5	115.5	115.5	115.5	115.5
Net Cash (Debt)	318.52	246.32	200.61	202.68	137.71	97.95
Net Cash Growth	51.83%	22.78%	-1.02%	47.18%	40.60%	-14.03%
Net Cash Per Share	2.76	2.13	1.74	1.75	1.19	0.85
Book Value Per Share	7.68	6.95	6.26	5.94	6.49	4.39
Tangible Book Value	886.63	803.15	722.66	685.82	749.68	506.89
Tangible Book Value Per Share	7.68	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.