DFM:NGI Balance Sheet

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

Millions AED. 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
Other Investments	1,027	867.31	697.58	518.99	582.76
Total Investments	1,103	942.76	883.58	704.14	767.47
Cash & Equivalents	44.02	62.42	74.88	116.36	54.4
Reinsurance Recoverable	289.42	464.82	250.1	242.1	387.52
Other Receivables	20.42	16.2	11.15	2.32	150.64
Deferred Policy Acquisition Cost	-	-	-	-	27.53
Separate Account Assets	122.55	89.26	67.63	47.88	51.54
Property, Plant & Equipment	23.39	24.62	25.55	26.87	27.23
Other Intangible Assets	1.09	2.17	3.16	5.41	3.71
Restricted Cash	10	10	10	10	10
Other Current Assets	29.27	23.04	15.37	16.4	2.84
Other Long-Term Assets	19.56	18.6	17.7	17.6	21.6
Total Assets	1,663	1,654	1,359	1,189	1,504
Accrued Expenses	44.01	38.1	20.11	11.07	23.58
Insurance & Annuity Liabilities	871.05	904.06	744.29	617.23	97.1
Unpaid Claims	-	-	-	-	316.63
Unearned Premiums	-	-	-	-	262.71
Reinsurance Payable	13.19	23.08	4.02	3.31	76.53
Current Income Taxes Payable	7.64	8.91	-	-	-
Long-Term Debt	-	-	-	-	6.8
Long-Term Deferred Tax Liabilities	4.22	1.7	-	-	-
Separate Account Liability	-	-	-	-	51.54
Other Current Liabilities	11.06	17.9	2.54	5.46	59.06
Other Long-Term Liabilities	-	-	-	-	65.79
Total Liabilities	968.75	1,009	785.66	650.36	971.39
Common Stock	164.95	164.95	149.95	149.95	149.95
Retained Earnings	540.05	495.09	426.9	394.39	381.19
Comprehensive Income & Other	-11.11	-15.42	-3.4	-5.61	1.93
Shareholders' Equity	693.9	644.63	573.46	538.73	533.07
Total Liabilities & Equity	1,663	1,654	1,359	1,189	1,504
Filing Date Shares Outstanding	164.95	164.95	164.95	164.95	164.95
Total Common Shares Outstanding	164.95	164.95	164.95	164.95	164.95
Total Debt	-	-	-	-	6.8
Net Cash (Debt)	44.02	62.42	74.88	116.36	47.6
Net Cash Growth	-29.47%	-16.64%	-35.65%	144.48%	-77.25%
Net Cash Per Share	0.27	0.38	0.45	0.71	0.29
Book Value Per Share	4.21	3.91	3.48	3.27	3.23
Tangible Book Value	692.8	642.45	570.3	533.32	529.37
Tangible Book Value Per Share	4.20	3.89	3.46	3.23	3.21
Land	36.6	36.6	36.6	36.6	36.6
Machinery	23.08	22.35	21.51	21.06	19.77

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