SIC Insurance Balance Sheet

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Investments in Equity & Preferred Securities	252	242.49	264.19	165.44	135.35	142.65	Upgrade
Other Investments	13.16	315.86	184.47	0.27	0.27	0.22	Upgrade
Total Investments	386.02	626.22	514.1	244.22	169.03	242.26	Upgrade
Cash & Equivalents	449.61	122.95	92.47	256.1	178.88	125.35	Upgrade
Reinsurance Recoverable	43.01	-4.9	62.29	5.97	59.81	48.9	Upgrade
Other Receivables	16.46	49.34	82.84	53.87	151.14	51.53	Upgrade
Property, Plant & Equipment	256.09	317.98	150.85	138.43	147.06	91.24	Upgrade
Other Intangible Assets	0	0.07	0.14	0.22	0.27	0.59	Upgrade
Restricted Cash	9.02	-	-	7.44	6.13	5.43	Upgrade
Other Current Assets	3.99	4.06	-2.86	1.43	1.84	1.56	Upgrade
Total Assets	1,164	1,116	899.83	707.68	714.16	566.86	Upgrade
Accounts Payable	71.7	119.34	66.53	70.9	45	43.1	Upgrade
Accrued Expenses	0.45	3.22	1.15	1.55	9.72	6.33	Upgrade
Insurance & Annuity Liabilities	147.04	97.18	100.77	96.01	-	-	Upgrade
Unpaid Claims	74.03	58.99	60.57	42.72	35.59	39.64	Upgrade
Unearned Premiums	23.42	-	-	-	121.72	94.4	Upgrade
Reinsurance Payable	-	-	-	-	26.49	28.64	Upgrade
Current Portion of Long-Term Debt	-	-	14.65	14.46	14.8	-	Upgrade
Current Portion of Leases	2.87	0.63	1.73	2.09	1.22	2.18	Upgrade
Short-Term Debt	-	-	-	-	2.32	4.59	Upgrade
Current Income Taxes Payable	4.58	24.45	10.23	5.15	33.67	4.59	Upgrade
Long-Term Leases	-	4.14	4.79	2.37	2.72	2.34	Upgrade
Long-Term Deferred Tax Liabilities	96.4	96.21	61.42	46.94	42.41	51.39	Upgrade
Other Long-Term Liabilities	-	-	0	-	-	-	Upgrade
Total Liabilities	439.94	445.35	421.35	309.24	351.19	289.09	Upgrade
Common Stock	25	25	25	25	25	25	Upgrade
Retained Earnings	267.22	213.09	169.35	155.86	140.81	84	Upgrade
Comprehensive Income & Other	432.05	418.18	269.7	202.46	182.45	154.63	Upgrade
Total Common Equity	724.27	656.27	464.04	383.32	348.27	263.63	Upgrade
Minority Interest	-	14.11	14.44	15.12	14.7	14.14	Upgrade
Shareholders' Equity	724.27	670.38	478.48	398.44	362.97	277.76	Upgrade
Total Liabilities & Equity	1,164	1,116	899.83	707.68	714.16	566.86	Upgrade
Filing Date Shares Outstanding	195.65	195.65	195.65	195.65	195.65	195.65	Upgrade
Total Common Shares Outstanding	195.65	195.65	195.65	195.65	195.65	195.65	Upgrade
Total Debt	2.87	4.76	21.17	18.92	21.07	9.11	Upgrade
Net Cash (Debt)	446.75	118.19	71.31	237.17	157.8	116.24	Upgrade
Net Cash Growth	526.52%	65.75%	-69.94%	50.30%	35.75%	22.18%	Upgrade
Net Cash Per Share	2.28	0.60	0.36	1.21	0.81	0.59	Upgrade
Book Value Per Share	3.70	3.35	2.37	1.96	1.78	1.35	Upgrade
Tangible Book Value	724.27	656.2	463.9	383.1	348	263.04	Upgrade
Tangible Book Value Per Share	3.70	3.35	2.37	1.96	1.78	1.34	Upgrade
Land	7.34	7.34	4.38	4.38	4.38	10.97	Upgrade
Buildings	259.29	320.75	159.72	144.16	142.94	81.57	Upgrade
Machinery	45.45	46.67	33.43	29.86	27.11	21.02	Upgrade
Construction In Progress	3.28	3.28	3.28	3.28	3.28	3.28	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.