KWSE:AINS Balance Sheet

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

Millions KWD. 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	48.84	45.63	44.1	37.74	35.01
Investments in Equity & Preferred Securities	40.68	41.75	41.23	58.81	62.79
Policy Loans	-	-	-	-	0.06
Other Investments	275.19	218.4	171.72	161.1	141.57
Total Investments	416.89	353.36	298.23	270.58	251.99
Cash & Equivalents	10.02	8.33	8.18	7.41	7.65
Reinsurance Recoverable	60.18	59.44	57.04	56.62	79.87
Other Receivables	5.5	4.68	5.82	19.34	21.54
Deferred Policy Acquisition Cost	-	-	-	-	5.44
Property, Plant & Equipment	3.88	3.46	3.32	3.27	3.33
Other Long-Term Assets	0.7	2.69	2.08	2.15	1.94
Total Assets	497.17	431.97	374.66	359.36	371.77
Accounts Payable	-	-	-	-	4.78
Accrued Expenses	8.67	7.8	7	7.11	6.11
Insurance & Annuity Liabilities	257.56	235.33	200.57	177.94	40.83
Unpaid Claims	-	-	-	-	128.85
Unearned Premiums	-	-	-	-	31
Reinsurance Payable	6.93	8.66	5.95	21.58	18.86
Current Income Taxes Payable	1.35	1	1.02	0.88	-
Other Current Liabilities	15.24	14.25	11.43	6.54	0.51
Other Long-Term Liabilities	13.6	-	-	-	-
Total Liabilities	303.36	267.04	225.97	214.04	230.93
Common Stock	23.6	22.05	22.05	22.05	22.05
Additional Paid-In Capital	1.48	1.48	1.47	1.47	1.47
Retained Earnings	153.99	137.06	125.79	104.04	94.57
Treasury Stock	-1.28	-1.28	-1.28	-1.28	-1.28
Comprehensive Income & Other	0.4	-5.01	-8.27	10.99	14.11
Total Common Equity	178.19	154.31	139.77	137.28	130.93
Minority Interest	15.62	10.63	8.92	8.05	9.9
Shareholders' Equity	193.81	164.93	148.69	145.32	140.83
Total Liabilities & Equity	497.17	431.97	374.66	359.36	371.77
Filing Date Shares Outstanding	231.93	231.93	231.93	231.93	231.93
Total Common Shares Outstanding	231.93	231.93	231.93	231.93	231.93
Net Cash (Debt)	10.02	8.33	8.18	7.41	7.65
Net Cash Growth	20.21%	1.86%	10.47%	-3.21%	-21.95%
Net Cash Per Share	0.04	0.04	0.04	0.03	0.03
Book Value Per Share	0.77	0.67	0.60	0.59	0.56
Tangible Book Value	178.19	154.31	139.77	137.28	130.93
Tangible Book Value Per Share	0.77	0.67	0.60	0.59	0.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.